A Baku apartment bought for 220,000 manats and rented for 800 manats a month produces a gross annual yield of about 4.4%, implying a payback period of nearly 23 years before expenses.
Azerbaijani lawmaker Razi Nurullayev has proposed gradually shortening the workday by improving productivity, while also supporting flexible schedules where jobs permit.
Azerbaijan will apply the full annual indexation rate only up to the average-wage threshold, with lower coefficients for the portion of higher pensions above it.
Baku’s paid parking system charges another full hour when a driver stays only a few minutes beyond the previous hour, while minute-based billing is not currently planned.
A $10 increase in the price of a barrel of oil could add about $1.2 billion to Azerbaijan’s annual current-account surplus, Central Bank Governor Taleh Kazimov says.
The State Oil Fund of Azerbaijan received about 7.78 billion manats in net income from the sale of the state’s share of hydrocarbons in the first nine months of 2026.
BAKU, Azerbaijan - Transit shipments linked to Vietnam and moving through Azerbaijan increased about sevenfold in the first nine months of 2026 from the...
MOSCOW - Azerbaijan’s state oil company SOCAR is considering resuming natural gas purchases from Russia’s Gazprom, SOCAR Vice President Elshad Nasirov said on Oct....
BAKU, Azerbaijan - Azerbaijan’s parliament has advanced a package that would expand Central Bank supervision of financial groups and create a legal framework for...
Baku shoppers are reporting shortages of village eggs in some stores as prices rise to 40 gapiks each, though no official citywide shortage figures have been released.
Azerbaijan has introduced new rules allowing certain short-term “daily” loans issued by non-bank credit organizations to be restructured once for up to 45 days...
Azerbaijan expects to allocate 13.2 billion manats ($7.76 billion) from the state budget to reconstruction in Karabakh and East Zangezur from 2027 through 2030,...
Azerbaijan and Kazakhstan have launched a 380-kilometer fiber-optic cable across the Caspian Sea with planned capacity of up to 400 terabits per second.
Azerbaijan’s Central Bank is preparing rules that would require unemployment-insurance coverage to be offered with bank loans, helping borrowers keep up payments after losing a job.
The IMF says roads and ports alone will not unlock the Middle Corridor's potential unless countries align customs rules, permits and regulatory procedures.
Azerbaijan exported 18.4 billion cubic meters of gas in the first nine months of 2026, up 0.5%, even as deliveries to Europe fell 8.5% to 8.6 billion cubic meters.
Azerbaijan’s Azeri Light crude fell $3.73, or nearly 2.9%, to $124.14 a barrel, while remaining far above the $65 price assumed in the 2026 state budget.
Trendyol deliveries that once reached Azerbaijan in five to seven days are now taking several weeks, with road transport and multi-stage logistics cited as key factors.
Azerbaijan’s sovereignty depends on multiple reliable routes, stronger regional institutions and partnerships that cannot be controlled by any single outside power.
A mortgage does not automatically disappear when a borrower dies; insurance coverage, inheritance decisions and the loan contract determine what happens next.
Azerbaijan’s Central Bank has approved new payment-system tariffs effective April 1, 2027, but the infrastructure fees do not automatically translate into identical charges for cardholders.
Azerbaijan plans to complete 11 solar and wind power plants totaling nearly 2 gigawatts by the end of 2027, with private and public investment expected to exceed $2.6 billion.
New Azerbaijani payment-infrastructure tariffs will take effect April 1, 2027, but the Central Bank says the charges apply directly to banks and payment organizations rather than consumers.