Azerbaijan’s Non-Oil Economy Offset the Decline in the Oil and Gas Sector, but Growth Slowed

The first half of 2026 marked a period of cautious optimism for Azerbaijan's industrial sector. Following mixed performance last year, many manufacturing industries returned to positive growth, while several sectors posted impressive recovery rates....

Economic Efficiency, International Competitiveness, and Development Prospects In the oil and gas industry, the value chain is conventionally divided into three stages: exploration and production, refining, and marketing. Within SOCAR's refining and...

The Azerbaijan Standardization Institute (AZSTAND) adopted a number of new state standards for the furniture industry in 2026. At first glance, this may appear to be a purely technical and regulatory development. In reality, however, it is a...

The sharp rise in profits at Azerbaijan’s state-owned mining company AzerGold in 2025 is more than a corporate success story. It is another signal of how Azerbaijan is gradually building a new architecture for its resource economy in a world where...