AZE.US A powerful hailstorm that hit Baku overnight left visible damage on a number of vehicles, especially those parked in open areas. Drivers reported dents on body panels and damage to windows, raising fresh questions about how far insurance protection actually goes in such cases. The key issue is Casco coverage. Unlike mandatory basic insurance, … Read more
AZE.US Pistachio prices have risen sharply in Azerbaijan, especially for products imported from Iran, as regional instability and global market pressure begin to hit local food costs. At markets in Baku, sellers say prices for Iranian pistachios have increased by 10 to 15 manats per kilogram compared with about a month ago. Depending on quality, … Read more
AZE.US Renting a home in Baku is becoming harder as prices continue to climb and more tenants compete for a limited pool of available apartments. According to Vugar Oruj, chairman of the Appraisers Society of Azerbaijan, the current increase is being driven by several factors at once, and many of them are not temporary. One … Read more
AZE.US Azerbaijan has entered a zone of economic slowdown, according to Natig Jafarli, chairman of the REAL party, who says the latest data point to growing pressure across several key indicators. In a Facebook post, Jafarli said government officials have repeatedly argued that слабый growth in gross domestic product should not be seen as a … Read more
AZE.US Interest in seasonal fruit is rising in Baku with the arrival of spring, but the first produce of the season is appearing with price tags that put it out of reach for many buyers. Early cherry plums are among the most expensive items now on sale in local markets. Vendors say prices vary depending … Read more
AZE.US Older residential buildings in Azerbaijan are increasingly being left outside the mortgage market, and the reason comes down less to appearance than to risk calculations. Speaking at a press conference on the 2025 Financial Stability Report, Central Bank Managing Director Shahin Mahmudzada said banks take into account the average service life of a building … Read more
AZE.US Buying an apartment at the foundation stage in Baku may look like a smart way to save money, but experts warn that such deals can create serious problems for buyers later. These sales are widely advertised on social media and property platforms, often with the promise of lower prices compared with finished apartments. For … Read more
AZE.US Getting cash quickly in Azerbaijan has become easier than ever. Mobile apps, online platforms and promises of instant approval have made short-term borrowing widely accessible, especially for people who need money urgently and cannot wait for a traditional bank process. But the convenience comes at a steep cost. According to the Central Bank of … Read more
AZE.US Heavy rains in Baku have started to reshape buyer behavior in the housing market, pushing some homes in flood-prone areas lower in price. Property expert Elnur Farzaliyev says the broader market has not collapsed, but homes in areas hit by recent flooding are likely to face downward pressure as buyers become more cautious. According … Read more
AZE.US Azerbaijan’s export figures are improving, but that has yet to translate into cheaper prices at home. According to the data cited in the report, the country’s non-oil exports rose by 11.7% from the same period of 2025 to $862 million, while food exports increased by 25.1% to $281 million. On paper, those are strong … Read more