Economics
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On January 30, Azerbaijani President Ilham Aliyev has signed a decree approving the State Program for the Improvement of Transport Infrastructure in Baku and Surrounding Areas for 2025-2030, aiming to modernize the capital’s urban mobility and reduce congestion, the presidential press service said on Tuesday.
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Goldman Sachs has revised its oil price forecasts, raising its projections for Brent and Azeri Light crude by $2 per barrel for both 2025 and 2026, setting the estimate at $78 per barrel. The adjustment reflects expectations of tighter supply conditions driven by geopolitical risks, including U.S. sanctions affecting Russian oil production and potential future restrictions on Iranian crude exports.
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Azerbaijan Railways (AZD) has launched rail transit shipments from Zira Port, located 45 kilometers east of Baku, strengthening the country's position as a logistics hub on the Middle Corridor.
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In Almaty, where glass-and-steel towers of a growing tech-driven economy rise against the snow-capped peaks of the Zailiysky Alatau, Digital Almaty 2025 has set the stage for discussions that extend far beyond Kazakhstan’s borders. The forum, now a cornerstone of Central Asia’s digital transformation agenda, has attracted a constellation of policymakers, tech entrepreneurs, and industry leaders seeking to shape the next wave of artificial intelligence (AI) integration into industrial economies.
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