Economy

AZE.US Azerbaijan is preparing for the future introduction of autonomous, driverless transport, according to the country’s digital development roadmap for the coming years. The initiative is included in the 2026-2028 Action Plan for Accelerating Digital Development, approved by President Ilham Aliyev. The plan предусматривает создание правовой, технологической и институциональной базы для внедрения автономных систем в … Read more

AZE.US Growing geopolitical tensions in the Middle East, particularly the confrontation between Iran and Israel, are beginning to affect Azerbaijan’s tourism sector, according to industry experts. The instability in the region is not only raising concerns about air travel safety but is also influencing tourists’ decisions about where to travel. Although Azerbaijan expected a recovery … Read more

AZE.US Prices for used cars in Azerbaijan have risen sharply in recent months, even as buyer activity across the market remains weak. Car sellers say vehicles that previously sold for around 13,000 manats are now rarely available for less than 15,000 manats, reflecting an average increase of roughly 2,000-2,500 manats. According to vendors at car … Read more

AZE.US Shoppers at markets across Azerbaijan are increasingly encountering imported fruits and vegetables instead of the locally grown produce that once dominated stalls. Not long ago, markets were known for regional specialties such as Khachmaz tomatoes, Guba apples, Zagatala hazelnuts and Sabirabad watermelons. Today, many buyers say these products are becoming less common, replaced by … Read more

AZE.US Azerbaijan has strong traditions in sheep farming, but declining livestock numbers have increased reliance on imported lamb. Experts say the country still has significant potential to expand domestic production. Sheep farming has long been one of Azerbaijan’s traditional agricultural sectors. However, recent statistics suggest that domestic production of lamb is facing growing challenges. According … Read more

AZE.US A debate has recently emerged in Azerbaijan over whether a person can avoid bank loans by changing their name or surname. Some people believe that altering personal details might help borrowers evade banks and escape existing credit obligations. However, legal experts say this assumption is incorrect. According to specialists, credit histories in Azerbaijan are … Read more

AZE.US Prices for several types of fish have risen noticeably in Azerbaijan’s markets in recent weeks, according to local vendors. Sellers say some fish varieties have increased by 5-7 manats per kilogram, largely due to reduced imports and higher transportation costs. One of the main reasons cited is the decline in supplies coming through Iran, … Read more

AZE.US The Ferris wheel located on Baku’s Seaside Boulevard, near Flag Square, has been one of the city’s recognizable attractions for more than a decade. The structure was put into operation in 2014 and rises to about 60 meters, allowing visitors to enjoy panoramic views of the capital, the Caspian Sea coastline and several major … Read more

AZE.US The number of foreign tourists visiting Quba, one of Azerbaijan’s best-known mountain tourism destinations, has dropped significantly in recent months, with the sharpest decline seen among visitors from Arab countries. In previous years, tourists from the Gulf states made up a large share of foreign visitors to the region, traveling to Quba during both … Read more