AZE.US Buffalo breeding, once a familiar part of traditional livestock farming in Azerbaijan, is gradually shrinking as farmers struggle with rising costs and worsening conditions. Farmers say keeping buffalo has become far more difficult than it used to be. The animals require more feed, more water and more space than cows, while the natural conditions … Read more
AZE.US Azerbaijani economist Samir Aliyev has accused Kapital Bank of charging unfair fees and interest after he mistakenly transferred money from a credit card to the same card inside the Birbank app, saying the issue reflects a broader lack of consumer protection in the country’s financial sector. A prominent Azerbaijani economist has accused Kapital Bank … Read more
AZE.US Hotel prices in Azerbaijan’s regions have dropped sharply this month as rainy weather, weak seasonal demand and a limited number of official days off hit domestic tourism. The slowdown has been especially visible outside Baku, where hotels are facing lower occupancy and are being forced to cut prices in an effort to attract guests. … Read more
AZE.US As apartment and house prices in Baku continue to climb, the maximum payout under mandatory property insurance remains stuck at levels that increasingly look detached from market reality. In the capital, the coverage limit is still 25,000 manats. That might have looked meaningful years ago. Today, when even ordinary apartments can start at 100,000 … Read more
AZE.US Azerbaijan’s livestock sector is coming under mounting pressure as farmers struggle with shrinking pastureland, rising feed costs and weakening profitability. What was once a stable part of rural life is increasingly turning into a difficult business to sustain. Farmers say the economics are becoming harder each year, and consumers are feeling the impact through … Read more
AZE.US Construction has begun near Sumgayit on a seawater desalination plant that is expected to supply roughly a quarter of Baku’s current water consumption, Azerbaijani officials said. Zaur Mikayilov, chairman of the Azerbaijan State Water Resources Agency, said in an interview with Report that the project is being implemented under a public-private partnership model. According … Read more
AZE.US Azerbaijan’s car market has moved in the opposite direction from what many expected at the start of the year. After tax incentives for hybrid and electric vehicles were removed, the market had widely anticipated a noticeable rise in prices, especially for Chinese-made models that have become increasingly common on local roads. Some forecasts pointed … Read more
AZE.US Garage prices in Baku are no longer rising only in theory. Real listings show the market is moving up in a visible and increasingly painful way for drivers. According to the Azerbaijan Chamber of Appraisers, the average price of garages in Baku rose by 4.8% in March compared with February. But a closer look … Read more
AZE.US Azerbaijan may require citizens to submit a medical opinion from a state narcology institution when applying for a job, under proposed amendments to the country’s Labor Code now under discussion in parliament. The draft law, reviewed at a plenary session of the Milli Majlis, would add a new layer of screening at the hiring … Read more
AZE.US Natig Jafarli, the chairman of Azerbaijan’s REAL Party, has criticized the government’s approach to small and medium-sized businesses, saying officials are finally acknowledging a problem they themselves helped build. In a public comment, Jafarli referred to media reports saying the Cabinet of Ministers met on Thursday and discussed the removal of barriers facing small … Read more