16:50 - 12.01.2026

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January 12, Fineko/abc.az. Azerbaijan may invest up to $270 million in a desalination project in Israel.

ABC.AZ informs that the Azerbaijan Investment Holding (AIH) is conducting a detailed due diligence review before the planned purchase of a 30% stake in Israeli water desalination company IDE.

IDE is the largest desalination company in Israel. The company is responsible for 45% of desalinated water in Israel.

If the deal goes through, it will be Azerbaijan's second major state investment in Israel.

The first such investment was SOCAR's acquisition of a 10% stake in the Tamar gas field for $1.25 billion in the summer of 2025.