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Azerbaijan Agrees Multi-Billion-Dollar Deals with Investment Giants

The agreements span AI, energy and manufacturing as Azerbaijan seeks to broaden investment beyond oil, officials said.

  • Azerbaijan's Minister of Economy Mikayil Jabbarov confirmed $10.8 billion in investment agreements were signed at the 2026 Azerbaijan Infrastructure Investment Forum in Baku over the two-day event.
  • President Ilham Aliyev noted the non-oil sector accounted for 72% of GDP in 2025, signaling Azerbaijan's strategic shift to attract international capital beyond traditional energy production that previously dominated development.
  • Major investors including BlackRock and Brookfield Asset Management, represented at the forum, manage a combined $30 trillion in assets, demonstrating strong international interest in Azerbaijan's infrastructure opportunities.
  • Tourism and property projects like Sea Breeze are attracting international developers; Emin Agalarov noted "there's another 20 companies from Israel, from UIE, and from the rest of the world" collaborating on development.
  • Officials emphasized Azerbaijan's reliability, citing 30-year-old untouched energy contracts as evidence of a "very credible portfolio of being a very responsible partner," positioning stability as key to long-term investor confidence.
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Azerbaijan signed agreements with international investors and partner companies for a total of $10.8 billion on "fields" II of the Azerbaijan International Investment Forum (AIIF 2026) on 25-26 September, informed the Ministry of Economy of the country. "A total of 23 agreements and documents have been signed within the framework of AIIF 2026," is mentioned in the agency's report.

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Azerbaijan has secured business deals worth about $10.8 billion at the Baku International Investment Forum, attended by some of the world’s largest investment managers. Economy Minister Mikayil Jabbarov said 26 contracts were signed in fields ranging from energy and mining to manufacturing and infrastructure. The forum aims to attract more foreign capital to sectors beyond oil and gas. Among the areas identified for investment are transport, ren…

Azerbaijan closes the second Azerbaijan International Investment Forum with 23 documents signed for a total value of 10.8 billion dollars. The data photographs the increasing attention of international investors to the country and, above all, a strategy that aims to expand the productive base of the Azerbaijani economy. The agreements in fact concern very different sectors: artificial intelligence, [...] The article Azerbaijan, in Baku investmen…

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Reuters broke the news in London, United Kingdom on Saturday, September 26, 2026.
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