Azerbaijani oil prices continue downward trend on global markets

The price of a barrel of Azerbaijani oil of the Azeri L…

Azerbaijani oil prices continue downward trend on global markets

Akbar Novruz

The price of a barrel of Azerbaijani oil of the Azeri Light brand on the world market decreased by 1.7 percent, Azernews reports.

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Leyla Aliyeva visits newly opened veterinary clinic at Lankaran State University

Vice-President of the Heydar Aliyev Foundation and founder of
the IDEA Public Union, Leyla Aliyeva, together with Alena Aliyeva,
visited the newly established Veterinary Clinic operating under
Lankaran State University, Azern…

Vice-President of the Heydar Aliyev Foundation and founder of
the IDEA Public Union, Leyla Aliyeva, together with Alena Aliyeva,
visited the newly established Veterinary Clinic operating under
Lankaran State University, Azernews reports.

The delegation was briefed on the clinic’s offices, laboratories
and modern medical equipment designed for the examination and
treatment of animals. It was noted that the facility not only
contributes to protecting the health of domestic and wild animals
across the region but also serves as an important educational base
for students specializing in Veterinary studies at the
university.

During the visit, Leyla Aliyeva met with students and members of
the teaching staff, listened to their views, and closely
familiarized herself with ongoing efforts to strengthen
professional training and capacity building in the veterinary
field.

Here we are to serve you with news right now. It does not cost much, but worth your attention.

Choose to support open, independent, quality journalism and subscribe on a monthly basis.

By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.

Subscribe

You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper

Thank you!

Titled world’s most beautiful girl

By Alimat Aliyeva
Fatima Bosch from Mexico has been crowned the winner of the
international beauty pageant Miss Universe,
Azernews reports.
The crown was presented by the outgoing titleholder, Victoria
Teilvig of Denmark, Miss Universe 2024. The first …

By Alimat Aliyeva

Fatima Bosch from Mexico has been crowned the winner of the
international beauty pageant Miss Universe,
Azernews reports.

The crown was presented by the outgoing titleholder, Victoria
Teilvig of Denmark, Miss Universe 2024. The first runner-up was the
representative from Thailand, while third, fourth, and fifth places
went to contestants from Venezuela, the Philippines, and Côte
d’Ivoire, respectively.

The award ceremony began with the announcement of the 30
finalists. Most participants were then eliminated, leaving
contestants from India, Guadeloupe, China, Thailand, the Dominican
Republic, Brazil, Rwanda, Côte d’Ivoire, Colombia, the Netherlands,
Cuba, Bangladesh, Japan, Puerto Rico, the USA, Mexico, the
Philippines, Zimbabwe, Costa Rica, Malta, Chile, Canada, Croatia,
Paraguay, Venezuela, Guatemala, Palestine, Nicaragua, and
France.

From this group, contestants from Chile, Colombia, Cuba,
Guadeloupe, Mexico, Puerto Rico, Venezuela, China, the Philippines,
Thailand, Malta, and Côte d’Ivoire advanced to the next stage. The
judges then selected the final five participants: Pravinar Singh
from Thailand, Ahtis Manalo from the Philippines, Stephanie Abesali
from Venezuela, Fatima Bosch from Mexico, and Olivia Yase from Côte
d’Ivoire.

Fatima Bosch, known for her elegance, charisma, and advocacy
work, stood out during the competition. Her win highlights Mexico’s
continued strong presence in the pageant world. Observers also
noted that this year’s contest showcased unprecedented cultural
diversity, with finalists representing countries from every corner
of the globe, emphasizing beauty in all its forms.

The event also featured several memorable moments on stage,
including dynamic talent performances and national costume displays
that celebrated the rich traditions of each contestant’s home
country.

COP29 achieves worldwide recognition for its breakthrough climate outcomes

As the international community focuses on COP30 in Belém,
Brazil, comparisons with last year’s COP29 in Baku naturally arise.
A minor fire incident at the COP30 venue…

Nazrin Abdul

As the international community focuses on COP30 in Belém,
Brazil, comparisons with last year’s COP29 in Baku naturally arise.
A minor fire incident at the COP30 venue – quickly contained thanks
to prompt action by Brazilian emergency services – served as a
reminder of the challenges any host country faces when organizing
an event of such scale and complexity. Fortunately, no serious
injuries were reported, and Brazilian officials have stressed that
the investigation will clarify the cause. Azerbaijan has expressed
full solidarity with Brazil, recognizing that unforeseen situations
can occur anywhere and that what ultimately matters is the shared
global commitment to advancing climate action.

Against this backdrop, COP29 remains notable for the clarity of
its outcomes and the strong foundations it laid for future
conferences, including COP30. For Azerbaijan, hosting COP29 was not
only a major national responsibility but also an opportunity to
contribute meaningfully to the global climate agenda. The country
mobilized significant resources to ensure a smooth, effective, and
inclusive summit, resulting in unanimous praise from participating
states – an acknowledgment of both Azerbaijan’s organizational
capacity and its dedication to international cooperation.

A defining achievement of COP29 was the adoption of the Baku
Finance Goal (BFG) – a groundbreaking commitment to
mobilize $1.3 trillion annually for developing
countries.
By establishing clear expectations for
developed nations to contribute at least $300 billion
annually by 2035,
the BFG significantly elevated
global climate finance ambitions and provided a reliable framework
that COP30 and future COPs can build upon.

For the first time since the signing of the Paris Agreement,
Article 6 was fully operationalized at COP29. This long-awaited
step unlocked regulated international carbon markets, ensuring
transparency, environmental integrity, and new opportunities for
global emissions reductions. This achievement provides a technical
foundation that will support future negotiations, including those
underway in Belém.

COP29 also fully institutionalized the Loss and
Damage Fund, with pledged contributions already exceeding $730
million.
For small island states and
climate-vulnerable nations, this marks a significant advancement.
Azerbaijan made prioritizing support for these countries a central
element of its presidency – a commitment fully aligned with
Brazil’s own focus on climate justice at COP30.

Another major achievement was the adoption of the Baku
Adaptation Roadmap and the Global Adaptation Target document. These
decisions ensure that adaptation – critical for many developing
countries – receives systematic attention within future COP
processes. This forward-looking framework is designed to assist all
host nations, including Brazil, as they navigate evolving climate
negotiations.

COP29 paid special attention to the urgent climate challenges
faced by Small Island Developing States (SIDS)—one of the most
climate-vulnerable groups in the world. Azerbaijan brought together
representatives of SIDS, climate experts, and international
stakeholders to highlight the fragility of island ecosystems, the
risks of sea-level rise, and the critical need for targeted
adaptation financing.

Azerbaijan has made significant efforts to elevate the voices of
SIDS and address their climate-related losses, particularly where
environmental threats are most severe. This included emphasizing
biodiversity protection, resilience building, and the importance of
ensuring that climate finance mechanisms specifically address the
unique needs of highly vulnerable regions. The prominence of these
issues at COP30 in Brazil is, in many ways, a continuation of the
Baku initiative and reflects the momentum Azerbaijan helped
generate.

COP29 also succeeded in finalizing the long-awaited 10-year Lima
Work Programme on Gender, demonstrating Azerbaijan’s ability to
build consensus around sensitive and long-negotiated issues. This
outcome strengthens the practical and inclusive dimensions of
global climate diplomacy.

While COP29 produced substantial breakthroughs, Azerbaijan views
its achievements not as a point of competition but as a foundation
for global progress. Azerbaijan remains ready to support Brazil’s
COP30 presidency in any capacity—through knowledge-sharing, climate
finance expertise, adaptation frameworks, or technical
coordination. Both countries bring complementary strengths:
Azerbaijan in institutional and financial frameworks, and Brazil in
biodiversity conservation and climate justice.

COP29 demonstrated that with determination, diplomacy, and
careful planning, a host country can deliver major outcomes that
shape global climate policy. Azerbaijan is proud to have
contributed to this progress and remains committed to supporting
Brazil and all COP30 participants as they work to advance key
climate priorities. In an era of accelerating environmental
challenges, the continuity between COP presidencies – and the
spirit of cooperation between nations like Azerbaijan and
Brazil—will remain essential for achieving shared climate
goals.

Genesis GV60 Magma targets Mercedes-AMG and BMW M

By Alimat Aliyeva
Genesis has unveiled the GV60 Magma, the brand’s first
high-performance model, positioning it to compete directly with
long-established rivals such as Mercedes-AMG and BMW M,
Azernews reports, citing Korean media.
Production is schedu…

By Alimat Aliyeva

Genesis has unveiled the GV60 Magma, the brand’s first
high-performance model, positioning it to compete directly with
long-established rivals such as Mercedes-AMG and BMW M,
Azernews reports, citing Korean media.

Production is scheduled to begin later this year in Ulsan, South
Korea, with a domestic launch planned for January. The GV60 Magma
will then expand to European markets, starting with Germany, the
UK, and Switzerland in the second quarter, followed by France,
Spain, Italy, and the Netherlands.

The highly anticipated Magma variant is based on the same
architecture as the standard GV60—Genesis’s first dedicated
electric vehicle built on the E-GMP platform, shared with Hyundai
Motor Group siblings like the Hyundai Ioniq 5 and Kia EV6. This
platform allows for fast charging, long range, and impressive
performance capabilities.

Visually, the GV60 Magma emphasizes its sporty character with a
lowered stance on 21-inch wheels, flared vented arches, and a
striking rear diffuser complemented by Genesis’s signature rear
wing. Inside, the cabin is expected to blend luxury materials with
advanced tech features, including a driver-focused digital display
and customizable performance settings.

Genesis aims to position the Magma not just as a performance EV,
but as a statement of the brand’s evolving identity—blending
cutting-edge electric technology with the excitement and prestige
traditionally associated with high-performance German cars.
Analysts suggest that this model could redefine perceptions of
electric performance vehicles, especially in markets where German
rivals have long dominated.

COP29 achieves worldwide recognition for its breakthrough climate outcomes

As the international community focuses on COP30 in Belém, Brazil, comparisons with last year’s COP29 in Baku naturally arise. A minor fire incident at the COP30 venue – quickly contained thanks to prompt action by Brazilian emergency services – served as a reminder of the challenges any host country faces when organizing an event of such scale and complexity. Fortunately, no serious injuries were reported, and Brazilian officials have stressed that the investigation will clarify the cause. Azerbaijan has expressed full solidarity with Brazil, recognizing that unforeseen situations can occur anywhere and that what ultimately matters is the shared global commitment to advancing climate action.

Against this backdrop, COP29 remains notable for the clarity of its outcomes and the strong foundations it laid for future conferences, including COP30. For Azerbaijan, hosting COP29 was not only a major national responsibility but also an opportunity to contribute meaningfully to the global climate agenda. The country mobilized significant resources to ensure a smooth, effective, and inclusive summit, resulting in unanimous praise from participating states – an acknowledgment of both Azerbaijan’s organizational capacity and its dedication to international cooperation.

A defining achievement of COP29 was the adoption of the Baku Finance Goal (BFG) – a groundbreaking commitment to mobilize $1.3 trillion annually for developing countries. By establishing clear expectations for developed nations to contribute at least $300 billion annually by 2035, the BFG significantly elevated global climate finance ambitions and provided a reliable framework that COP30 and future COPs can build upon.

For the first time since the signing of the Paris Agreement, Article 6 was fully operationalized at COP29. This long-awaited step unlocked regulated international carbon markets, ensuring transparency, environmental integrity, and new opportunities for global emissions reductions. This achievement provides a technical foundation that will support future negotiations, including those underway in Belém.

COP29 also fully institutionalized the Loss and Damage Fund, with pledged contributions already exceeding $730 million. For small island states and climate-vulnerable nations, this marks a significant advancement. Azerbaijan made prioritizing support for these countries a central element of its presidency – a commitment fully aligned with Brazil’s own focus on climate justice at COP30.

Another major achievement was the adoption of the Baku Adaptation Roadmap and the Global Adaptation Target document. These decisions ensure that adaptation – critical for many developing countries – receives systematic attention within future COP processes. This forward-looking framework is designed to assist all host nations, including Brazil, as they navigate evolving climate negotiations.

COP29 paid special attention to the urgent climate challenges faced by Small Island Developing States (SIDS)-one of the most climate-vulnerable groups in the world. Azerbaijan brought together representatives of SIDS, climate experts, and international stakeholders to highlight the fragility of island ecosystems, the risks of sea-level rise, and the critical need for targeted adaptation financing.

Azerbaijan has made significant efforts to elevate the voices of SIDS and address their climate-related losses, particularly where environmental threats are most severe. This included emphasizing biodiversity protection, resilience building, and the importance of ensuring that climate finance mechanisms specifically address the unique needs of highly vulnerable regions. The prominence of these issues at COP30 in Brazil is, in many ways, a continuation of the Baku initiative and reflects the momentum Azerbaijan helped generate.

COP29 also succeeded in finalizing the long-awaited 10-year Lima Work Programme on Gender, demonstrating Azerbaijan’s ability to build consensus around sensitive and long-negotiated issues. This outcome strengthens the practical and inclusive dimensions of global climate diplomacy.

While COP29 produced substantial breakthroughs, Azerbaijan views its achievements not as a point of competition but as a foundation for global progress. Azerbaijan remains ready to support Brazil’s COP30 presidency in any capacity-through knowledge-sharing, climate finance expertise, adaptation frameworks, or technical coordination. Both countries bring complementary strengths: Azerbaijan in institutional and financial frameworks, and Brazil in biodiversity conservation and climate justice.

COP29 demonstrated that with determination, diplomacy, and careful planning, a host country can deliver major outcomes that shape global climate policy. Azerbaijan is proud to have contributed to this progress and remains committed to supporting Brazil and all COP30 participants as they work to advance key climate priorities. In an era of accelerating environmental challenges, the continuity between COP presidencies – and the spirit of cooperation between nations like Azerbaijan and Brazil-will remain essential for achieving shared climate goals.

Genesis GV60 Magma targets Mercedes-AMG and BMW M

Genesis has unveiled the GV60 Magma, the brand’s first high-performance model, positioning it to compete directly with long-established rivals such as Mercedes-AMG and BMW M, Azernews reports, citing Korean media.

Production is scheduled to begin later this year in Ulsan, South Korea, with a domestic launch planned for January. The GV60 Magma will then expand to European markets, starting with Germany, the UK, and Switzerland in the second quarter, followed by France, Spain, Italy, and the Netherlands.

The highly anticipated Magma variant is based on the same architecture as the standard GV60-Genesis’s first dedicated electric vehicle built on the E-GMP platform, shared with Hyundai Motor Group siblings like the Hyundai Ioniq 5 and Kia EV6. This platform allows for fast charging, long range, and impressive performance capabilities.

Visually, the GV60 Magma emphasizes its sporty character with a lowered stance on 21-inch wheels, flared vented arches, and a striking rear diffuser complemented by Genesis’s signature rear wing. Inside, the cabin is expected to blend luxury materials with advanced tech features, including a driver-focused digital display and customizable performance settings.

Genesis aims to position the Magma not just as a performance EV, but as a statement of the brand’s evolving identity-blending cutting-edge electric technology with the excitement and prestige traditionally associated with high-performance German cars. Analysts suggest that this model could redefine perceptions of electric performance vehicles, especially in markets where German rivals have long dominated.

Leyla Aliyeva and Arzu Aliyeva visit family of National Hero Panjali Teymurov in Astara [PHOTOS]

On November 21, Leyla Aliyeva, Vice-President of the Heydar Aliyev Foundation, and Arzu Aliyeva visited the family of the Azerbaijani National Hero Panjali Teymurov in Astara.

They commemorated the memory of Panjali Teymurov, who was martyred during the April battles, and were also briefed on his services to the motherland, as well as his high professionalism and bravery as a military serviceman.

Subsequently, Leyla Aliyeva and Arzu Aliyeva familiarized themselves with the house-museum built to perpetuate the memory of the valiant martyr.

Pajali Nurmahammad oghlu Teymurov, the legendary Azerbaijani Special Forces’ serviceman, was born on March 24, 1981, in the Azarud village of Astara district. Following 17 years of service to the motherland, Panjali Teymurov was martyred during the April battles in 2016.

Panjali Teymurov, who received many awards for his exemplary service, was posthumously awarded the “For the Motherland” medal in 2016. He was later conferred the title of National Hero of Azerbaijan by an Order signed by the Supreme Commander-in-Chief, President Ilham Aliyev, on November 7, 2025.

President Ilham Aliyev attends inauguration of pharmaceutical production facility [PHOTOS]

President of the Republic of Azerbaijan Ilham Aliyev attended the opening of a pharmaceutical production facility owned by Scandens Pharmaceutical Industries Ltd in the Hokmali settlement of the Absheron district, Azernews reports.

Minister of Economy Mikayil Jabbarov and Director General Kamran Hasanov briefed the head of state on the facility.

Designed in accordance with international standards, the facility is equipped with advanced technologies and equipment from Germany, Switzerland, and Italy. The enterprise will annually produce approximately 800 million tablets and capsules across various therapeutic areas, including antibiotics, diabetology, hepatology, cardiology, andrology, allergology, and gastroenterology. The products will supply the domestic market and are planned for export in the future. A total of 120 jobs have been created at the facility.

The 74-million-manat project was implemented through private investment. With the investment promotion document issued by the Ministry of Economy, the company received 6.5 million manats in concessions for imported equipment.

The launch of the facility marks a new stage in the development of Azerbaijan’s pharmaceutical industry. All stages of medicine production – from raw materials to finished products – will be carried out locally. The new enterprise will contribute to strengthening the pharmaceutical sector, supporting local production, and increasing Azerbaijan’s export potential by manufacturing competitive products that meet domestic and international standards.

The facility will also serve as a training base for professional personnel in the pharmaceutical field. Under the quadrilateral Memorandum signed between Scandens Pharmaceutical Industries Ltd, Azerbaijan Medical University, Hungary’s University of Pécs, and the Pannon Pharma company, short- and long-term training and internship programs for pharmaceutical and non-pharmaceutical specialties will be implemented.

President Ilham Aliyev launched the facility.

A total of 710 solar panels with a combined capacity of 450 kW/h have been installed on the roof of the facility, enabling it to meet approximately 40 percent of its energy consumption through renewable sources.

Titled world’s most beautiful girl

Fatima Bosch from Mexico has been crowned the winner of the international beauty pageant Miss Universe, Azernews reports.

The crown was presented by the outgoing titleholder, Victoria Teilvig of Denmark, Miss Universe 2024. The first runner-up was the representative from Thailand, while third, fourth, and fifth places went to contestants from Venezuela, the Philippines, and Côte d’Ivoire, respectively.

The award ceremony began with the announcement of the 30 finalists. Most participants were then eliminated, leaving contestants from India, Guadeloupe, China, Thailand, the Dominican Republic, Brazil, Rwanda, Côte d’Ivoire, Colombia, the Netherlands, Cuba, Bangladesh, Japan, Puerto Rico, the USA, Mexico, the Philippines, Zimbabwe, Costa Rica, Malta, Chile, Canada, Croatia, Paraguay, Venezuela, Guatemala, Palestine, Nicaragua, and France.

From this group, contestants from Chile, Colombia, Cuba, Guadeloupe, Mexico, Puerto Rico, Venezuela, China, the Philippines, Thailand, Malta, and Côte d’Ivoire advanced to the next stage. The judges then selected the final five participants: Pravinar Singh from Thailand, Ahtis Manalo from the Philippines, Stephanie Abesali from Venezuela, Fatima Bosch from Mexico, and Olivia Yase from Côte d’Ivoire.

Fatima Bosch, known for her elegance, charisma, and advocacy work, stood out during the competition. Her win highlights Mexico’s continued strong presence in the pageant world. Observers also noted that this year’s contest showcased unprecedented cultural diversity, with finalists representing countries from every corner of the globe, emphasizing beauty in all its forms.

The event also featured several memorable moments on stage, including dynamic talent performances and national costume displays that celebrated the rich traditions of each contestant’s home country.