Saudi Arabia opens its capital market to all foreign investors

Saudi Arabia has decided to open its capital market to all categories of foreign investors, Azernews reports.

This step is aimed at increasing capital inflows to the country.

The country’s Capital Markets Authority (CMA) has approved a draft regulatory framework that will allow non-resident foreign investors to invest directly in the country’s main financial market. This will make the Saudi Arabian financial market accessible to various groups of investors from all over the world, regardless of the category. The goal is to expand and diversify the base of eligible investors, which will support investment flows and increase liquidity. The decision will take effect on February 1.

It should be noted that Saudi Arabia has previously imposed restrictions on foreign investors in the financial market. One of these restrictions was the requirement that foreign investors manage assets worth at least $500 million.

Financial assistance provided to religious institutions in Azerbaijan

President Ilham Aliyev has signed an order to allocate financial assistance to religious institutions across Azerbaijan.

The order aims to support the activities of existing religious denominations, promote interfaith solidarity, organize religious education in line with modern requirements, and strengthen initiatives that advance progressive spiritual and moral values.

Under the order, AZN 3.5 million from the 2026 President’s Reserve Fund will be allocated to the Caucasus Muslims Office. Additional financial support of AZN 400,000 each will be provided to several other religious communities, including the Russian Orthodox Church’s Baku and Azerbaijan Diocese, the Religious Community of Mountain Jews in Baku, the Baku Religious Community of European Jews, the Baku Religious Community of Sephardic Jews, the Apostolic Prefecture of the Catholic Church in Azerbaijan, and the Albanian-Udi Christian Community in Azerbaijan.

Furthermore, AZN 400,000 will be allocated to the Moral Values Promotion Fund under the State Committee on Work with Religious Institutions to support non-Islamic religious communities.

Azerbaijan’s U-21 national team to hold training camp

Azerbaijan’s national under-21 football team will hold a training camp in Baku on January 11-17, Azernews reports, citing AFFA.

The training camp will take place at the National Teams’ Training Center.

As part of the preparations, the U-21 team will play two friendly matches.

The Azerbaijan U-21 side is scheduled to face “Sabail” on January 16 and “Shamakhi” on January 17.

Formed in 1992, the Azerbaijan Association of Football Federations (AFFA) is the governing body of football in Azerbaijan.

The Association is responsible for overseeing all aspects of amateur and professional games in its territory.

It runs numerous competitions, the most famous of which is the Azerbaijan Cup. AFFA is a member of both UEFA and FIFA.

Azerbaijan’s Defense Minister hosts Kazakhstan’s new Military Attaché

On January 7, 2026, Colonel Salauat Khayrushev, the newly appointed military attaché of the Republic of Kazakhstan to Azerbaijan, was officially presented to Azerbaijan’s Minister of Defence, Colonel-General Zakir Hasanov, Azernews reports, citing the Ministry of Defence.

During the meeting, Minister Hasanov congratulated the Kazakh officer on the start of his mission in Azerbaijan. He emphasised that Azerbaijan-Kazakhstan relations are founded on friendship, brotherhood, and rich historical traditions, and wished Colonel Khayrushev success in advancing military cooperation between the two countries.

In response, Colonel Khayrushev expressed gratitude for the trust placed in him and assured that he would devote his efforts to further strengthening military ties throughout his tenure.

The discussion also covered the current state of cooperation in military, military-technical, and military-educational fields, explored new prospects, and included exchanges of views on several other issues of mutual interest.

Carry-on-sized supercomputer presented

ODINN, an American startup from California, has introduced a compact supercomputer for working with artificial intelligence, which is the size of a suitcase for hand luggage, Azernews reports.

The presentation took place on the eve of CES 2026. The development was named OMNIA. According to the company, the system provides power comparable to a full-fledged data center, but does not require lengthy and expensive on-site server infrastructure construction.

In recent years, artificial intelligence has been actively used in various fields, from finance and media to aerospace and pharmaceuticals. Many companies seek to create their own AI models in order to work with their data and gain competitive advantages. At the same time, the transfer of sensitive information to cloud data centers, which may be located in other cities or countries, is not suitable for everyone.

In particular, this applies to the defense sector, government agencies, as well as data on financial transactions or medical records, which must be kept privately and not transmitted through public networks. Previously, such organizations had to build local data centers from scratch.

OMNIA aims to change this approach. The supercomputer has the same processors, graphics accelerators, memory and storage as conventional data centers, but is made in a compact package. The system is completely autonomous and can be deployed in minutes, not months.

ODINN was founded in 2023. Its goal is to reduce dependence on large data centers. To do this, the developers have taken a new approach to the issues of power supply, cooling and reliability, combining everything in one device. OMNIA uses its own closed-circuit cooling system, which allows it to work quietly even when processing large amounts of data and complex AI tasks.

The system is connected to a standard power grid and network infrastructure. It can be installed in an office, hospital laboratory, or secure facility without setting up a separate server room.

For scaling, ODINN has developed the Infinity Cube solution, a modular AI cluster that combines several OMNIA systems in one package. Each module has its own cooling and computing resources, so it does not require additional external systems such as cooling units or raised floors. This allows organizations to quickly create their own AI cluster and maintain full control over the data.

Managing such an infrastructure simplifies the NeuroEdge software layer. It is compatible with the NVIDIA software ecosystem and other AI frameworks and is responsible for task allocation and optimal cluster operation. Thanks to this, institutions can focus on using artificial intelligence rather than setting up equipment.

At CES 2026, ODINN is positioning itself not as a provider of data centers or cloud services, but as an AI infrastructure company focused on institutions with high requirements for security, privacy and minimal system delays.

Applications for intergovernmental scholarships to China and Hungary draw strong interest

A total of 616 applications were submitted from Azerbaijan to study under the Intergovernmental Scholarship Program (ISP), with China and Hungary remaining the main destinations. The information was published by the State Agency for Science and Higher Education, Azernews reports.

The application period for the 2026-2027 academic year concluded in December, ending on December 19 for China and December 22 for Hungary. Of the total applications, 162 were submitted for studies in China and 454 for Hungary, reflecting sustained interest in both academic systems.

In terms of academic levels, most applicants sought admission to master’s degree programs, accounting for 457 applications. This was followed by 86 applications for bachelor’s programs and 73 for doctoral studies, indicating a strong focus on advanced education and research-oriented training.

The Agency noted that a particularly high number of applications were registered at the initial stage. However, officials emphasised that selection will not be influenced by volume alone. All applications will be assessed strictly in line with the eligibility requirements and evaluation criteria outlined in the official announcements for each country.

At the next stage, interviews will be conducted only with candidates who successfully pass the preliminary screening. These interviews will involve experts appointed by the Ministry of Science and Education, the State Agency for Science and Higher Education, other relevant state bodies, and higher education institutions. The process aims to ensure transparency, merit-based selection, and alignment with the academic and strategic priorities of the scholarship program.

Capitol Hill’s selective morality: How Congress uses Section 907 as political leverage

History does not always take the side of those who are right, nor does it consistently stand with the oppressed. At times, the victim is recast as the villain, while the aggressor cloaks itself in the language of grievance. This distortion is especially pronounced in regions where the geopolitical ambitions of great powers collide, and where conflicts are endlessly reshaped to suit shifting strategic narratives. The South Caucasus is one such arena, and the case of Azerbaijan, more precisely, the injustice it endured in the context of the Garabagh conflict, offers a stark illustration.

For more than three decades, this injustice was etched onto Azerbaijan’s political identity like a scar, reinforced by selective narratives and institutionalised bias. Yet through the assertion of its sovereign will and the full mobilisation of its national capacity, Azerbaijan ultimately broke free from this circle of injustice and made its rightful voice heard on the international stage. Even so, there remain actors who either resist the restoration of justice or lack the political will to acknowledge it.

This reality was underscored only days ago when President Ilham Aliyev, speaking in an interview with local television channels, addressed a range of pressing issues, including a particularly sensitive and long-standing one: Section 907 of the United States Freedom Support Act, adopted by the US Congress in 1992 and widely regarded in Baku as a punitive and discriminatory measure against Azerbaijan.

In his remarks, President Aliyev referred to Azerbaijan-US relations and noted that constructive discussions had taken place with Donald Trump, the 47th President of the United States, resulting in positive momentum towards the repeal of Section 907. At the same time, he drew attention to the conspicuous inertia of the US Congress, criticising its sluggishness and apparent indifference towards abolishing a provision that has long outlived both its political rationale and moral legitimacy.

The picture that emerges is one of institutional dissonance: a Congress seemingly unwilling to align itself with the stated position of the sitting President, or perhaps constrained by the lingering influence of Armenian lobby groups with which many lawmakers have cultivated close ties over decades. By preserving this amendment, such actors appear reluctant to disappoint old allies, even at the expense of fairness, credibility, and strategic coherence.

Commenting on the issue, Hungarian political analyst László Vasa highlighted the paradox at the heart of the US political system, namely, the growing disconnect between the White House and Capitol Hill. He characterised Congress’s silence as a move that undermines diplomatic engagement and erodes trust, warning that such contradictions do not merely stall progress but actively weaken the foundations of effective diplomacy.

“For more than thirty years, Section 907 of the Freedom Support Act has lingered in US policy toward Azerbaijan like a relic from another era. It was born in the emotional and chaotic aftermath of the early 1990s, when the South Caucasus was poorly understood in Washington, and moral shortcuts were politically convenient. Today, however, its continued existence has little to do with realities on the ground – and a great deal to do with how Congress actually works.

However, in recent years, Azerbaijan-US relations have entered a more pragmatic phase. The tone has improved. Dialogue has deepened. The tripartite meeting in Washington last year sent a clear signal that diplomacy, not punitive symbolism, is now the preferred path. President Donald Trump even went so far as to express openness to repealing Section 907 altogether: an acknowledgement, at the highest level, that the amendment no longer makes strategic sense. Yet Congress has done what it does best in such situations: nothing,” he added.

The expert further described Congress’s indifference to the issue as an attempt to evade additional responsibility and political complications. He noted that divisions within Congress during the voting process can carry personal consequences for lawmakers, at times even damaging individual political careers. According to him, certain members of Congress with closer ties to the Armenian lobby have, on occasion, intensified their hostility towards colleagues who advocate for the repeal of this provision.

“Keeping Section 907 costs nothing. The choice, for many members of the United States Congress, is obvious. Armenian-American advocacy groups have also played a decisive role in freezing the issue in place. Over time, Section 907 has been transformed from a situational response into a moral symbol. Challenging it, even quietly, can invite criticism that few lawmakers are eager to face. Supporting repeal does not win elections. Opposing it does not either. But inaction avoids controversy, and in Congress, avoiding controversy is often the primary objective,” he said.

Vasa László also observed that Section 907 functions as a strategic reserve lever in the hands of Congress. According to him, the provision is kept in abeyance as a tool that can be activated or restrained depending on changing presidential administrations, as well as the shifting diplomatic climate between Baku and Washington. In this sense, Section 907 serves less as a relic of past conflicts and more as a flexible instrument of political pressure, deployed in line with evolving geopolitical calculations rather than principled policy.

“There is also a certain convenience in keeping Section 907 on the books. Even though its practical impact has been largely neutralised through presidential waivers, it remains a ready-made talking point. Whenever tensions rise, or whenever Azerbaijan falls out of favour in Washington debates, the amendment can be dusted off and cited as evidence of congressional ‘concern.’ It requires no new votes, no new bills, and no real engagement with the region. Symbolic leverage, in this context, is easier than real policy.

More broadly, Section 907 is a classic example of legislative inertia. Congress is very good at creating laws and remarkably bad at revisiting them. Outdated provisions accumulate over time, especially when removing them might be framed – fairly or not – as a retreat from principles. Few politicians are eager to spend political capital explaining why an old law no longer serves its purpose. It is far simpler to let it sit, untouched and unquestioned.

Some lawmakers also worry about precedent. If Section 907 is repealed, why not revisit other long-standing restrictions elsewhere? Why open the door to debates that could weaken Congress’s broader system of conditionality and sanctions? These concerns may be overstated, but they reinforce a deeply conservative instinct within the institution: better to preserve an imperfect tool than to risk losing leverage altogether.”

Taken together, these considerations make it clear that the United States’ long-standing posture as a diplomatic partner sits uneasily with the pursuit of full justice. Rather than reinforcing fairness, this approach has generated contradictions that undermine credibility. As the Hungarian expert László aptly put it, ‘all of this shatters the United States’ standing as a reliable partner.’

“The result is a familiar Washington paradox. Everyone knows Section 907 is outdated. Many acknowledge it is unfair. Some even admit it undermines US credibility as an honest broker in the region. Yet it survives – not because it works, but because it fits neatly into congressional logic. It allows lawmakers to appear principled without acting, engaged without investing, and influential without responsibility.

Until repeal becomes politically safer than inaction, or until Azerbaijan moves higher on Congress’s list of priorities, Section 907 will likely remain where it is: a symbolic leftover from the past, quietly shaping perceptions while doing little to advance peace, stability, or genuine partnership in the South Caucasus.”

Hyundai teams with Google on AI robotics

Hyundai Motor Group announced on Tuesday a strategic partnership between its U.S.-based robotics unit, Boston Dynamics, and Google, aimed at accelerating the development of AI-powered humanoid robotics for future manufacturing applications, Azernews reports, citing Yonhap agency.

Under the partnership, Boston Dynamics will integrate its advanced robotics technology with AI foundation models developed by Google DeepMind, the tech giant’s AI research lab, Hyundai said in a press release. The collaboration is expected to significantly enhance the intelligence, adaptability, and efficiency of industrial robots.

The announcement was made at CES 2026, the high-profile technology exhibition currently taking place in Las Vegas, highlighting Hyundai’s growing focus on cutting-edge robotics and AI innovation.

The move follows Hyundai Motor’s 2025 agreement with Nvidia Corp. to strengthen the company’s physical AI capabilities, part of the group’s broader strategy of partnering with global technology leaders.

Hyundai also plans to consolidate the expertise of its key units to create a comprehensive AI robotics ecosystem, with a goal of producing 30,000 robot units annually by 2028.

In addition, the group will open a robotics training facility in the United States later this year, named the Robot Metaplant Application Center (RMAC). The center will serve as a hub for pretraining humanoid robots before they are deployed in manufacturing environments, ensuring higher efficiency and safety on production lines.

Industry analysts note that this partnership could mark a major step forward in the integration of AI and robotics in manufacturing, potentially transforming factory operations and setting new standards for automation worldwide.

Bitget launches tradfi trading suite, bridging crypto and traditional markets

Bitget, a leading platform in the crypto asset ecosystem and a web3 company, has officially launched its tradfi (traditional finance) trading suite following record demand during its special beta phase, Azernews reports.

The move marks a key milestone in BitGet’s broader strategy to integrate cryptocurrency markets with traditional financial instruments under a single platform.

During the beta phase, the tradfi product attracted exceptional interest, with trading activity highlighting strong market appetite for BitGet’s universal exchange (uex) vision. In particular, trading on the xau/usd pair exceeded 100 million dollars in a single day, underscoring investor demand for seamless access to traditional assets alongside digital ones. The beta process, which began in december with limited user access, generated more than 80,000 applications, far surpassing initial expectations. This surge in interest reflected a growing preference among investors to trade gold, foreign exchange and global macro assets through one unified account, without switching platforms.

Following extensive user feedback, BitGet has now made the full tradfi version available to all users. The suite offers access to 79 financial instruments, covering metals, currency pairs, indices and commodities. All trades are settled in usdt, allowing users to participate in tradfi markets directly from their existing BitGet accounts.

At the core of this launch is BitGet’s uex concept, which aims to remove traditional boundaries between asset classes. By enabling crypto assets, gold, forex and commodities to be traded within the same ecosystem, the platform seeks to enhance portfolio diversification, improve risk management and allow faster responses to shifting market conditions. The tradfi infrastructure, refined during the beta phase, features deep liquidity, competitive spreads and flexible leverage options, positioning the product for global expansion.

Commenting on the launch, BitGet ceo gracy chen said investors increasingly require a single structure that enables smooth and rapid transitions between different asset classes as market dynamics evolve. She noted that opening tradfi to all users allows BitGet to deliver this flexibility by combining crypto and traditional financial markets on one platform.

Pashinyan leads ‘religious procession’ amid escalating tensions with Armenian Apostolic Church [VIDEO]

A march led by Armenian Prime Minister Nikol Pashinyan has begun in Yerevan, following the Christmas liturgy at the Surb Grigor Illuminator Cathedral. The prime minister, accompanied by his wife Anna Hakobyan and other government officials, described the event as a “religious procession,” Azernews reports via Sputnik Armenia.

Officials who attended the liturgy, along with members of the ruling Civil Contract party, are heading to the Surb Anna Church.

The march comes in the wake of Pashinyan signing a so-called “roadmap for the improvement” of the Armenian Apostolic Church on January 4, together with 10 bishops who had called for the resignation of the Catholicos of All Armenians.

Tensions between the Armenian authorities and the Church have intensified following Pashinyan’s criticism of the clergy and his initiative to revise the procedure for electing the Catholicos, granting the state a central role.

Earlier, the heads of three dioceses and the head of the chancery of the Mother See of Etchmiadzin were arrested on various charges, further escalating the standoff.