Economy

Buyers Of New-Build Apartments May Lose Up To 10% Of Space

AZE.US Buyers of new-build apartments in Azerbaijan are increasingly facing a familiar problem: the apartment they pay for is not always the same size as...

More Than 200 Baku Families Still Waiting For Homes After Demolition

AZE.US More than 200 families in Baku are still waiting for apartments years after their homes were demolished under a pilot redevelopment project, according to...

Cashback Rates Fall As Banks Rethink Card Rewards

AZE.US Azerbaijani banks are quietly scaling back cashback offers that once helped push customers toward card payments and cashless transactions. Many banks had used cashback programs...

Toll Roads Raise New Questions In Azerbaijan

AZE.US Azerbaijan’s network of toll roads is expanding, with the Ahmadbayli-Fuzuli-Shusha highway now put into operation as a toll road. The Azerbaijan State Agency of Automobile...

Parvizi: 500 Manats Covers Only Basic Needs In Azerbaijan

AZE.US Many people in Azerbaijan have jobs and receive regular salaries, but still do not feel economically secure, economist Farhad Parvizi told Vesti Baku. He said...

Taxi Fleets In Azerbaijan Are Being Put Up For Sale

AZE.US Taxi fleets in Azerbaijan are appearing on classified websites as ready-made businesses for sale, a sign that some operators no longer see the sector...

Motor Oils In Azerbaijan Rise Sharply Again

AZE.US Motor oils for cars have risen sharply again in Azerbaijan, adding another cost pressure for drivers already facing higher vehicle maintenance expenses. Market specialists say...

Raising Livestock in Azerbaijan Is Becoming Less Profitable

AZE.US Raising livestock for meat is becoming less profitable for farmers in Azerbaijan as feed prices rise, hay becomes harder to find and the number...

Older Cars May Drop By Up To 15% In Azerbaijan’s Used Car Market

AZE.US Azerbaijan’s used car market is showing signs of slower activity, with sellers waiting for buyers and prices coming under pressure in several older vehicle...

Azerbaijan Raises Wheat Imports As Bread Price Risks Grow

AZE.US Azerbaijan increased wheat imports in the first four months of 2026, a move officials and experts link to food security concerns and the country’s...

Smoked Fish Prices Rise In Azerbaijan As Salmon Reaches 35-40 Manats

AZE.US Smoked fish prices have risen in Azerbaijan, with the sharpest increase seen in imported products. Markets and stores still offer a wide range of smoked...

More Than 4,000 Jobs Closed In Azerbaijan In Three Months

AZE.US Azerbaijan recorded the closure of 4,200 jobs in the first three months of 2026, according to figures cited in local reporting on the labor...

Aliyev Says Azerbaijan Has Enough Gas For Another 100 Years

President Ilham Aliyev said Azerbaijan’s gas reserves are sufficient for at least another century, as Baku used Energy Week to underline its role in regional and European energy security.

U.S. Official Caleb Orr Visits Azerbaijan Ahead Of First Economic Dialogue

AZE.US U.S. Assistant Secretary of State for Economic, Energy and Business Affairs Caleb Orr is in Azerbaijan for a working visit, the State Department said. Orr’s...

Where Azerbaijani Citizens Can Travel Without A Visa

AZE.US Azerbaijani citizens can travel to a number of countries without obtaining a visa in advance, under either bilateral agreements or unilateral visa-free arrangements introduced...

Architects’ Union Has Become Symbol Of Moral Decline, Elchin Aliyev Says

AZE.US Azerbaijani architect Elchin Aliyev has sharply criticized the current state of the Architects’ Union of Azerbaijan, saying the organization has become, in his words,...

Land In Central Lankaran Reaches 50,000 Manats Per 100 Square Meters

AZE.US Real estate prices are rising in Lankaran, one of Azerbaijan’s main southern cities, as demand grows for homes near the sea, apartments in central...

Azerbaijan’s Car Market Slows As Passenger Vehicle Imports Fall 40.7%

AZE.US Azerbaijan’s car market is showing clear signs of slowdown, with sellers in Baku complaining of weak demand, falling prices for some models and fewer...

Construction Materials Become More Expensive In Azerbaijan

AZE.US Warmer weather has brought more construction and repair activity across Azerbaijan, but it has also exposed another problem for households and builders: construction materials...

Demand For Older Apartments Rises In Azerbaijan

AZE.US Demand for apartments in older residential buildings has grown sharply in Azerbaijan in recent months, reflecting a shift in buyer behavior on the country’s...

Minimum Wage Should Exceed 660 Manats, Azerbaijani Lawmaker Says

AZE.US The debate over weekly salary payments in Azerbaijan has returned from time to time, but one lawmaker says the country’s more urgent problem is...

Economist Proposes Tax Exemption For Incomes Below 1,000 Manats

AZE.US Azerbaijan is again discussing whether people who work a second job should receive separate tax benefits. The idea is not new. If additional work becomes...

Fruit Prices Rise Sharply In Azerbaijan After Rains And Hail

AZE.US Seasonal fruit prices have risen sharply across Azerbaijani markets after weeks of heavy rain and hail damaged crops, reduced supply and delayed the arrival...

Baku’s Summer House Season Begins As Prices Reach 1.2 Million Manats

AZE.US The approach of summer has brought new activity to the market for summer houses in Baku and the Absheron Peninsula, with demand rising especially...

Fish Prices Rise In Baku As Sellers Report Shortages

AZE.US Fish prices are rising in Baku, where sellers say the market has seen both a decline in available varieties and higher prices for several...

Latest news