Artificial Intelligence Has “Killed” a Billion-Dollar Company for the First Time

Azerbaijan has expanded its anti-terrorism legislation to cover artificial intelligence-based sabotage, cyberattacks on critical infrastructure and the activities of terrorist organisations, according to amendments adopted by parliament on April 27.

Authorities and business circles in Belarus and Azerbaijan are stepping up cooperation in electronic exchange trading and logistics as bilateral trade continues to grow and both countries seek to adapt to shifting economic routes across Eurasia.

The American Chamber of Commerce in Azerbaijan (AmCham Azerbaijan) held its first annual Risk and Resilience Conference in Baku, bringing together representatives of government agencies, the energy sector, financial institutions and international businesses amid growing attention to ESG issues, cybersecurity and supply chain resilience.

Entities within the Islamic Development Bank Group are expanding their presence in Azerbaijan by increasing support for irrigation, trade, agriculture and infrastructure projects as Baku pushes ahead with the reconstruction of Karabakh and broader economic diversification efforts.