Araz News: The European Bank for Reconstruction and Development (EBRD) will extend a syndicated loan for Azerbaijan’s biggest gas project, Shah Deniz II, EBRD President Suma Chakrabarti said on May 8. The size and terms of the loan had yet to...

Araz News: Kenan Evren, Turkey’s former coup leader and seventh president, died at a military hospital in Ankara late on May 9 due to multiple organ failure. He was 98. Evren was the leader of the Sept. 12, 1980, military coup...

Araz News: The Turkish Air Force has temporarily grounded its two Airbus A400Ms after the crash of a plane of the same type in Spain, daily Hürriyet learned May 10. At least four people were killed May 9 when an A400M...

Araz News:  A US air strike in Yemen has reportedly killed Nasser al-Ansi, a top militant of al-Qaeda in the Arab Peninsula. Site Intelligence, a US militant monitoring group, cites an AQAP statement as saying Ansi was killed in April...

Araz News:  Baku has hosted a ceremony to present Italian-Azerbaijani Cooperation and Friendship Association. Dundar Keshapli, the founder and chairman of the Society, highlighted “friendly” relations between Italy and Azerbaijan, AzerTac state news agency reported. He said the Society aimed...

Araz News: In 2015, Azerbaijan will host the first European Games in the capital city of Baku. President Ilham Aliyev sees it as an opportunity to put his country on the sporting map but outside Azerbaijan few have even heard of...

Araz News:  Armenia’s external debt has reached around $4 billion according to the latest data issued by the National Statistics Service, thus ringing the alarm bells. Statistical data showed that as of late March, the public debt of Yerevan stood...

Araz News:  Turkey’s Directorate of Religious Affairs has published 4,000 copies of the Quran in the Armenian language, part of its plans to eventually translate the holy book into 15 languages. The Armenian translation of the Quran was published in...

Araz News:  Azerbaijani Foreign Minister Elmar Mammadyarov has received BP’s regional president for Azerbaijan, Georgia and Turkey Gordon Birrell, the Azerbaijani Foreign Ministry said. During the meeting, the sides praised the current level of cooperation between Azerbaijan and BP, the...

Araz News:  Metsamor nuclear power plant in Armenia is a real threat to the region, Turkish Minister of Energy and Natural Resources Taner Yildiz said. The minister added that Turkey shouldn’t turn a blind eye to this nuclear power plant;...

Araz News:  The International Federation of Basketball has announced the results of the draw for the men’s and women’s 3×3 Basketball competitions in Baku 2015. As host nation, Azerbaijan will be represented in both competitions, and will be playing the...

Araz News:Emboldened by recent advances thanks to a more “coordinated” military assistance from regional allies, Syrian rebels have asked for the support of the United States to set up safe zones before the Bashar al-Assad regime collapses. “Damascus should be...

Araz News:  NATO does not recognize ‘elections’ in Karabakh. We do not recognize the results of the “parliamentary elections” in Nagorno-Karabakh as influencing the legal status of Nagorno-Karabakh, and they do not have any effect on the outcome of the...

Araz News: Azerbaijan and the Asian Development Bank signed a memorandum of understanding in the amount of $1 billion. According to Oxu.Az, the memorandum provides for the allocation of a loan on the investment program of the development of power...

Araz News: The Islamic State of Iraq and the Levant (ISIL) claimed on May 5 its first attack on US soil, a shooting at an anti-Muslim event in Texas over the weekend showcasing cartoons mocking the Prophet Mohammed. “Two of the...