Azerbaijan could make its second-largest state investment in Israel

Published: 2026-01-12 11:33

The Azerbaijan Investment Holding (AIH) is conducting due diligence ahead of a planned acquisition of a 30% stake—valued at $270 million—in Israel’s IDE, a water-desalination company, Azerbaijani news agency APA reported.

APA added that IDE is Israel’s largest desalination company, accounting for 45% of the country’s desalinated water. If the deal goes through, it would become Azerbaijan’s second-largest state investment in Israel, after SOCAR’s $1.25 billion acquisition of a 10% stake in the Tamar gas field.

By Azerbaijani-Israeli Alliance Global News