Agreement commits the two countries to formally end hostilities and reopen transport links severed during decades of conflict over the disputed Nagorno-Karabakh region.
US president announced he will host a "historic peace summit" with the leaders of Armenia and Azerbaijan that is expected to open up new Middle Corridor route.
Landmark summit is expected to yield a joint peace framework and the launch of a major US-led infrastructure project across the South Caucasus.
The auction for HSBC’s Maltese operations has attracted more interest than first expected with the number of bidders rising to five at its peak. However, three have dropped out and only Bank of Georgia and Armenia’s Ardshinbank remain in the race
Proposed corridor linking Azerbaijan’s main territory with its Nakhchivan exclave across Armenia could slash transit times from Asia to Europe along the Middle Corridor but faces fierce opposition from Yerevan.
Potential for big wins, but also new headaches for Erdogan.
Moscow has even considered asking Kazakhstan to run some of its domestic flight connections.
Armenia is stepping up efforts to reduce its reliance on Russia, but is constrained by geography, security threats and deep economic ties to Moscow, according to think-tank Clingendael.
Etihad Airways, the national airline of the United Arab Emirates, will launch seven new destinations from Abu Dhabi between November 2025 and March 2026, expanding its network across the Middle East.
The Kremlin used to tread softly when exercising its influence in the countries along its southern border, but no more, after the powers of Russian President Vladimir Putin’s chief of staff Kiriyenko were expanded.
Imperial attitudes undermine ambitions for expanded influence.