Economy

Aliyev Attends Opening Of Shirvan Agro Livestock Complex In Shamakhi

AZE.US President Ilham Aliyev on March 23 attended the opening of the Shirvan Agro livestock complex in Azerbaijan’s Shamakhi district. The new facility is designed for...

Domestic Tourism Gains Momentum In Azerbaijan During Novruz Break

AZE.US Domestic tourism has gained momentum in Azerbaijan during the extended Novruz and Ramadan holiday period, with more residents choosing to travel to regional destinations...

Azerbaijan Urges Shoppers To Check Fish Carefully In Stores

AZE.US Consumers in Azerbaijan are being urged to pay closer attention when buying fish in stores and supermarkets, after concerns were raised about products covered...

Novruz Holiday Table In Azerbaijan Costs 200-250 Manats

AZE.US Preparing a Novruz holiday table in Azerbaijan this year costs an average of 200 to 250 manats for a family of three to four,...

Gold Jewelry Prices Fall In Azerbaijan

AZE.US Gold jewelry prices have declined in Azerbaijan, with sellers saying the market has seen a noticeable drop over the past several days. According to vendors,...

How To Privatize Land Leased From A Municipality In Azerbaijan

AZE.US Land plots leased from municipalities in Azerbaijan can, in some cases, be transferred into private ownership, according to experts commenting on the privatization process. They...

Tural Abbasli Slams Exams For Low-Skilled Workers And Growing Layoffs

AZE.US Azerbaijani politician Tural Abbasli has sharply criticized what he described as a growing trend of forcing low-skilled workers out of jobs while offering no...

Pressure On Tenants And Landlords In Azerbaijan, Jafarli Says

AZE.US Pressure is growing on both tenants and landlords in Azerbaijan as authorities step up checks on rented housing, according to Natig Jafarli, chairman of...

Can You Still Buy An Apartment In Central Baku For 2,700 Manats Per Square Meter?

AZE.US Buying an apartment in central Baku for 2,700 manats per square meter is still possible in some cases, but it is no longer representative...

Meat Prices Rise In Azerbaijan Even As Livestock Costs Stay Flat

AZE.US Beef prices have been rising at retail points in Azerbaijan, even as farmers in the regions say live cattle prices have remained broadly stable. Livestock...

Azerbaijan Temporarily Suspends Egg Exports

AZE.US Azerbaijan has temporarily suspended egg exports as producers shift supplies to the domestic market ahead of the Novruz holiday period. The move is intended to...

Who Is Selling Cemetery Plots In Baku?

AZE.US A sensitive issue is again drawing attention in Baku: who is charging money for cemetery plots, and on what grounds. Residents say burial space in...

Mass Bee Deaths In Azerbaijan Raise Alarm For Agriculture

AZE.US A wave of bee deaths reported in Azerbaijan is causing growing concern among beekeepers, with some warning that the losses could ripple beyond the...

Azerbaijan Names 6 Documents That Can Help Legalize Homes Without Title Deeds

AZE.US Azerbaijan is moving into a new phase in the long-running effort to legalize thousands of individually built homes that still do not have official...

Prices Rise At Bazaars Ahead Of Novruz Holiday

AZE.US Food prices at bazaars across Azerbaijan are edging higher ahead of the Novruz holiday, as demand for traditional праздничный table items picks up. Vendors say...

Why Loan Interest Rates Are High in Azerbaijan

AZE.US Many citizens in Azerbaijan continue to rely on bank loans, but the interest rates offered by different banks can vary significantly even for the...

Where Do Pension Savings Go? Economist Raises Questions About Azerbaijan’s Pension System

AZE.US Azerbaijani economist Natig Jafarli has questioned how pension savings accumulated by citizens in the country’s State Social Protection Fund (DSMF) are managed and whether...

Azerbaijan Tightens Advertising Rules for Social Media Influencers

AZE.US Azerbaijan has tightened regulations governing advertising on social media platforms, introducing new rules that directly affect bloggers and online influencers. Under amendments to the country’s...

Who Pays a Loan After the Borrower Dies: Guarantor or Heirs?

AZE.US In many loan agreements, banks in Azerbaijan require a guarantor who agrees to repay the debt if the borrower cannot. But the situation becomes...

Meat Prices Rise Again In Baku As Beef Reaches 18 Manats Per Kilo

AZE.US Meat prices in Baku have increased again, with beef now selling for around 18 manats per kilogram, according to vendors across the city’s butcher...

Will Credit Payments Be Marked As Late During Holiday Periods?

AZE.US As Azerbaijan approaches a long holiday period, many borrowers are asking whether banks can mark their credit payments as overdue if the due date...

Azerbaijan May Ban Sale Of Meat From Certain Non-Traditional Animals

AZE.US Azerbaijan is considering restrictions on the sale of meat from animals that are not traditionally consumed in the country. According to a government report on...

Azerbaijan To Introduce 25 New Professions And Specializations

AZE.US Azerbaijan plans to expand its list of in-demand professions by adding 25 new specialties aligned with the evolving needs of the labor market. The initiative...

Mammadov Compares AI Restrictions To Historical Ban On Printing In The East

AZE.US Azerbaijani politician Ilgar Mammadov, chairman of the REAL Party, has criticized proposed new penalties in Azerbaijan related to artificial intelligence-generated content. In a post published...

Why Apples Remain Expensive In Baku Markets

AZE.US Despite large volumes of apples still stored in warehouses across Azerbaijan, retail prices for the fruit remain relatively high in Baku markets. Local farmers say...

Apartments Under 100,000 Manats Are Nearly Impossible To Find In Baku

AZE.US Finding an apartment in Baku for less than 100,000 manats has become increasingly difficult as housing prices continue to climb across the Azerbaijani capital. According...

Azerbaijan Tightens Regulations On Electronic Cigarettes

AZE.US New regulations governing electronic cigarettes will come into force in Azerbaijan on April 1, introducing stricter penalties for violations related to their sale and...

Apartments From 435 Manats Per Square Meter: Ministry Announces Sale

AZE.US Azerbaijan’s Ministry of Labor and Social Protection of the Population has announced the sale of new apartments that can be purchased through mortgage financing. According...

How Much Do Products Cost Ahead of Novruz? Latest Prices at Markets

AZE.US With the Novruz holiday approaching, markets in Azerbaijan are becoming increasingly crowded as people purchase ingredients for traditional festive dishes. According to vendors, prices for...

Expensive Oil Does Not Necessarily Make Azerbaijan Richer

AZE.US Rising global oil prices do not automatically make Azerbaijan wealthier, according to economist and REAL party chairman Natig Jafarli. Writing on Facebook, Jafarli said that...

New Insurance Model In Azerbaijan Could Reward Drivers Who Avoid Accidents

AZE.US The Central Bank of Azerbaijan has issued a license to Saf Takaful Insurance and Reinsurance Broker LLC to operate as an insurance broker in...

Apartments In Older Buildings Are Rising In Price In Baku

AZE.US Prices for apartments in older residential buildings across Baku are steadily rising, narrowing the gap with new construction projects in the city. Previously considered a...

Thousands of Taxi Drivers Fail New Exam in Azerbaijan

AZE.US Thousands of taxi drivers in Azerbaijan have failed a mandatory certification exam, raising questions about whether the capital could face a shortage of taxis. According...

Why Fish Prices Are Rising In Baku Ahead Of Novruz

AZE.US Fish prices at markets in Baku have increased in recent days as demand rises ahead of the Novruz holiday, when fish is traditionally included...

Baku Plans 200,000 New Apartments By 2040 – What It Could Mean For Housing Prices

AZE.US Baku plans to build up to 200,000 new apartments by 2040, according to the Azerbaijani government’s report on its activities in 2025, which was...

How Much Does A Holiday In Azerbaijan’s Regions Cost? – PRICES

AZE.US With the Novruz holiday approaching, many residents of Azerbaijan have already begun planning short trips during the upcoming long break. Travel agencies say demand...

War In Iran Could Push Up Housing Prices In Baku

AZE.US Rising global oil prices triggered by escalating tensions around Iran could have an unexpected side effect in Azerbaijan: higher real estate prices in Baku. Energy...

Azerbaijan Prepares For The Introduction Of Driverless Transport

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...

How Geopolitics Is Hitting Azerbaijan’s Tourism Sector

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...

Used Car Prices Rise In Azerbaijan As Market Activity Slows

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...

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