AZE.US Azerbaijan’s Ministry of Internal Affairs has warned citizens about a rise in cyber fraud cases, urging the public to exercise caution when receiving calls or messages from unknown numbers. In its statement, the MIA stressed that even brief inattention can result in financial losses and the theft of personal data. According to the ministry, … Read more
AZE.US Apartment prices in several regions of Azerbaijan are approaching levels seen in parts of Baku, raising questions about affordability outside the capital. In cities such as Ganja, Mingachevir, Lankaran and other regional centers, newly built residential buildings are now offering apartments starting from around 1,000 manats per square meter – roughly $590 at current … Read more
AZE.US As Ramadan begins, many families in Baku are trying to prepare modest iftar tables without overspending. Local markets remain one of the main places for grocery shopping. A visit to several vendors shows that while some staples remain stable, others have become noticeably more expensive compared to last year. Tomatoes are currently selling for … Read more
AZE.US Homeownership remains a key goal for many citizens in Azerbaijan, but sustained price growth in recent years has made purchasing property increasingly challenging, particularly in Baku and its surrounding districts. According to comments by Vugar Oruj, Chairman of the Azerbaijan Society of Appraisers (AQC), cited by local media, the real estate market is expected … Read more
AZE.US An estimated 400,000 to 500,000 individual residential houses in Azerbaijan are either undocumented or cannot be legally registered, according to unofficial data. Against this backdrop, questions surrounding the legal requirements for private home construction remain highly relevant. Many citizens are unclear about what procedures must be followed before starting construction and whether special permits … Read more
AZE.US One of America’s most recognizable fast-food brands has officially entered the Azerbaijani market. The first Popeyes Louisiana Kitchen restaurant in Azerbaijan opened its doors today at Crescent Mall, marking the brand’s debut in Baku. Popeyes Azerbaijan is the result of a partnership between two entrepreneurs – one American and one Azerbaijani – who met … Read more
AZE.US Finding affordable housing in Baku is becoming increasingly difficult. Apartments in older Soviet-era buildings – once considered the budget segment of the market – are now selling at prices that were unthinkable just a few years ago. Market participants say a one-room apartment of roughly 30 square meters in an older building now starts … Read more
AZE.US Informal lending is gaining visibility across Azerbaijan, particularly in Baku, where social media platforms are increasingly used to advertise “instant cash” with no paperwork, guarantors or bank screening. For borrowers shut out of the formal banking system, such offers may appear to be a solution. In practice, they often create a second and more … Read more
AZE.US Azerbaijan’s decision to keep its land borders closed, first introduced during the pandemic period, is increasingly being felt not just as a security measure but as a daily economic constraint for households and entire regions. Economist Rashad Hasanov told Demokrat.az that the restrictions are no longer framed around public health. Instead, officials present the … Read more
AZE.US Homeowners with small apartments in central Baku may soon receive apartment offers instead of cash compensation when their properties are demolished, under a proposal voiced in parliament this week. Currently, compensation during urban redevelopment projects is calculated per square meter. In practice, this formula disadvantages owners of small units. For example, a 30-square-meter apartment … Read more