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Why a Taxi Ride in Baku Can Now Cost Twice as Much

By AZE.US Passengers in Baku say taxi fares have risen sharply on some routes, particularly during rush hour. One passenger said a ride that previously cost...

Azerbaijan Banks Explain Card Limits by Product and Currency

Standard payment-card limits in Azerbaijan apply separately to each card product offered by each bank, rather than to a customer’s total number of cards,...

Buying a Home in Azerbaijan? What “Paket Kupça” Means

By AZE.US Property listings in Azerbaijan increasingly use the phrase “paket kupça.” It can suggest that all the paperwork is in order, but the phrase...

ErdoÄźan Calls BTC and TANAP Reliable Energy Corridors

The Baku-Tbilisi-Ceyhan oil pipeline and the Trans-Anatolian Natural Gas Pipeline provide reliable routes for uninterrupted energy transport, Turkish President Recep Tayyip ErdoÄźan said in...

Azerbaijan’s Oil Windfall Equals 3.9% of GDP, EBRD Says

Higher energy prices increased Azerbaijan’s net export income by an amount equal to 3.9% of gross domestic product, while Azeri Light crude rose to...

Azerbaijan Proposes 20-Year Tax Breaks for Technology Sector

Azerbaijan has prepared draft amendments that could introduce long-term tax incentives from Jan. 1, 2027, for technology-park employees, startups, investors and highly qualified foreign...

Azerbaijan Proposes 5% Risk-Retention Rule for Debt Sales

Azerbaijan has proposed a legal framework for securitization that would allow creditors to receive money upfront for assets while requiring them to retain at...

Aliyev Discusses AI for Energy, Cybersecurity and Education

President Ilham Aliyev discussed practical uses of artificial intelligence in green energy, cybersecurity and education with executives from Chinese and Italian companies on Sept....

Azerbaijan’s Pomegranate Harvest Forecast to Rise 5%-7%

Azerbaijan’s pomegranate harvest could rise 5% to 7% in 2026 from last year’s 187,137.4 metric tons, while initial purchasing prices in some regions are...

Azerbaijan’s 2027 Budget Sets 8.8 Billion Manats for Defense

Azerbaijan’s draft 2027 state budget allocates 8.8 billion manats for defense and national security and 3.4 billion manats for reconstruction in Karabakh and East...

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