Economy

Sumac At 50 Manats And Cheap Fakes: What Buyers Need To Know

AZE.US. A spice found in almost every Azerbaijani kitchen is now drawing attention over a sharp price gap in the market. Sumac, widely used with...

Interest In Melon Farming Declines In Azerbaijan As Farmers Cut Planting

AZE.US Interest in melon farming is declining in Azerbaijan, with farmers scaling back planting as costs rise and returns become harder to secure. Official statistics show...

Tea In Baku Costs Up To 10 Manats, In The Regions – From 50 Qapiks

AZE.US A cup of tea in Azerbaijan can cost dramatically different amounts depending on where it is served. While in Baku a teapot of tea...

Gold Prices Are Swinging Wildly: Is It Safe To Buy Now?

AZE.US Gold has become increasingly volatile in recent days, with prices falling one day and pushing toward new highs the next. That kind of sharp...

Interest-Free Credit in Azerbaijan: A Hidden Trap for Buyers

AZE.US Advertisements offering “0% credit” or “interest-free installment plans” have become a familiar part of Azerbaijan’s retail market, especially in electronics stores during holiday campaigns....

These Illegal Homes In Baku Will Not Receive Title Deeds, High-Risk Zones Named

AZE.US A warning has been issued in Baku over a category of unauthorized homes that are unlikely to ever receive legal title deeds, as the...

Bread Prices Could Rise In Azerbaijan, Expert Says

AZE.US Bread prices could come under renewed pressure in Azerbaijan, according to agricultural expert Vahid Maharramov, who says the country still relies heavily on imported...

Azerbaijan To Require Equal Pay For Men And Women

AZE.US Azerbaijan is moving to tighten its labor rules on gender pay by requiring employers to pay men and women equally for both the same...

Automotive Oils In Azerbaijan Rise By Up To 30%

AZE.US Prices for imported automotive oils in Azerbaijan have climbed sharply, with European brands seeing the biggest increases as tension around the Strait of Hormuz...

Flooded Streets In Baku Trigger Costly EV Breakdowns

AZE.US Heavy rains and flooding in Baku have left some electric vehicle owners dealing with costly repairs after their cars were caught in standing water. Drivers...

Baku Overloaded After Economic Opportunities Were Concentrated in One Center – Jafarli Says

AZE.US REAL party chairman Natig Jafarli said in an interview on Prime TV that Baku and the Absheron peninsula have become overloaded because too much...

How Much Does It Cost to Rent an Excavator, Bulldozer or Crane in Azerbaijan?

AZE.US As construction and road projects increase across Azerbaijan, demand for heavy equipment rentals is also growing. For many business owners, buying an excavator, bulldozer,...

Homes Without Documents Will Not Be Connected to Gas

AZE.US Homes without official ownership documents will not be connected to the gas network for now, as Azerbaijan’s gas distribution authorities say there has...

Beef at 18 Manats Is No Longer Affordable for Everyone: What Is Happening in the Market

AZE.US Azerbaijan’s meat market has entered a noticeably weaker period, with demand for beef and lamb falling after the holiday season despite some easing in...

Flooding in Baku: Most Stores Had No Insurance Coverage

AZE.US Heavy rains in Baku caused serious damage to businesses, with many shops and commercial facilities flooded and large volumes of goods left unusable. Business owners...

How Property Sale Tax Is Calculated in Baku: It Depends on Zone and Square Meters

AZE.US In Azerbaijan, individuals selling residential property are generally subject to a simplified tax. But in practice, the amount - or even whether any tax...

Bridge Across Baku Bay Unlikely To Solve Traffic Congestion

AZE.US A bridge across Baku Bay is often presented as an appealing idea that could shorten travel times and reduce pressure on the city center,...

Car Rentals In Azerbaijan May Become More Expensive Due To Insurance Costs

AZE.US Renting a car in Azerbaijan may become more expensive if insurance rules are tightened for vehicles used in the rental market. The discussion comes after...

Azerbaijanis Grow Roses In Ecuador But Cannot Profit From It At Home, Jafarli Says

AZE.US REAL party chairman Natig Jafarli has questioned why Azerbaijanis who are reportedly able to build a flower business in Ecuador cannot do the same...

Young Goat Meat Sells For 18-20 Manats Per Kilo In Azerbaijan

AZE.US Young goat meat is currently selling for 18-20 manats ($10.6-$11.8) per kilogram in Azerbaijan, with vendors saying demand has picked up in recent years...

Cucumber And Tomato Prices In Azerbaijan Have Risen By Up To 80%

AZE.US Cucumber and tomato prices in Azerbaijan have risen sharply this spring, with increases in some cases reaching up to 80% compared to the same...

Building Your Own House From Scratch Can Cost Less Than A Baku Apartment

AZE.US Rising real estate prices in Azerbaijan are pushing more buyers to consider an alternative to ready-made housing: purchasing land and building a private home...

Taxi Rides In Azerbaijan May Get More Expensive

AZE.US Taxi fares in Azerbaijan could come under fresh pressure after new insurance rules raised costs for officially registered cab drivers. Under changes approved by the...

Transfer From an Unknown Sender to Your Card Turns Out to Be a New Fraud Scheme

AZE.US An unexpected money transfer to a bank card from an unknown person may not be a mistake at all, but part of a fraud...

You Can Now Open A Bank Account In Azerbaijan Without Leaving Home

AZE.US A new rule on opening accounts at banks and other financial institutions has taken effect in Azerbaijan, marking another step toward digital banking in...

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