Islamic Development Bank and Azerbaijan sign financing framework deal News

RIYADH: Saudi Arabia’s Islamic Development Bank is set to provide a financing framework for Azerbaijan through a new agreement.  The IsDB and the country’s Ministry of Economy signed a memorandum of understanding to establish a cooperative funding structure to potentially strengthen the bank’s support for Azerbaijan’s social and economic development, according to a release by … Read more

Armenia PM proposes non-aggression pact to Azerbaijan News

YEREVAN: Armenian Prime Minister Nikol Pashinyan said on Sunday that he has proposed the signing of a non-aggression pact to Azerbaijan, pending a comprehensive peace treaty between the arch-foe Caucasus neighbors. Yerevan and Baku have fought two wars — in 2020 and in the 1990s — over the disputed Nagorno-Karabakh region, which Azerbaijan recaptured in … Read more