Economy

Why Local Produce Is Disappearing From Azerbaijan’s Markets

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,...

Fake AI Voices And Images Could Bring Up To 7 Years In Prison In Azerbaijan

AZE.US Azerbaijan may introduce criminal liability for creating and distributing AI-generated content that uses a person’s image or voice without their consent. According to reports, proposed...

Can Azerbaijan Meet Demand For Lamb With Domestic Production?

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...

Can Changing Your Name Cancel a Bank Loan in Azerbaijan?

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...

Trout Reaches 19 Manats As Fish Prices Rise In Azerbaijan

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...

Baku Ferris Wheel Offers Stunning Views – But Few Visitors

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...

Arab Tourists Disappear From Quba As Tourism Slows

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...

Mortgage Boom In Baku: 13,000 Applications Filed For Home Purchases

AZE.US Thousands of citizens applied for mortgage loans after Azerbaijan’s Mortgage and Credit Guarantee Fund opened new lending limits for 2026, triggering a surge in...

Potato Prices Double In Azerbaijan As Supply Pressures Push Costs Higher

AZE.US Potato prices have risen sharply across markets in Azerbaijan, with the cost of one kilogram reaching around 2 manats in some locations, roughly double...

Why Butter Prices Are Rising in Azerbaijan

AZE.US Prices for butter have been climbing in Azerbaijan in recent days, with increases reported both in supermarkets and local food markets. Retailers say the price...

How To Avoid Being Scammed When Ordering A Car From Abroad

AZE.US Cases of fraud involving cars ordered from abroad are becoming increasingly common in Azerbaijan, with dozens of complaints reported over the past year. One victim...

Fish Prices Surge In Azerbaijan As Imports Decline

AZE.US Fish prices in Azerbaijan have risen sharply in recent weeks, with some popular species becoming significantly more expensive as supplies from Iran decline. Traders at...

Why Construction Material Sales Are Slowing In Azerbaijan

AZE.US Sales at construction materials markets across Azerbaijan have slowed noticeably in recent weeks, as traders report weaker customer activity despite concerns about supply disruptions. Vendors...

Gold Prices Ease After Surge, But Demand Remains Strong

AZE.US Global gold prices edged lower at the start of the Asian trading session after a recent surge fueled by escalating tensions involving the United...

Auto Parts May Not Be Accepted For Return: What Buyers Should Know

AZE.US Car owners in Azerbaijan are being urged to exercise caution when purchasing auto parts, as some components may not be eligible for return or...

Azerbaijan To Speed Up VAT Refunds For Shoppers

AZE.US Azerbaijan plans to accelerate the process of refunding value-added tax (VAT) to consumers through further automation of the “ƏDV-ni geri al” (“Get VAT back”)...

Are Iranian Food Products Safe After Reports of “Chemical Rain”?

AZE.US Reports of unusual dark rainfall and pollution following fires at oil facilities near Tehran have sparked questions among consumers in the region: are agricultural...

Nut And Dried Fruit Prices Rise In Azerbaijan Ahead Of Holiday Season

AZE.US Prices for nuts and dried fruits have risen sharply in Azerbaijan ahead of the holiday season, while demand remains relatively weak, according to vendors...

Why Property Titles in Baku’s New Buildings Are Delayed

AZE.US Thousands of apartment owners in newly built residential complexes in Baku are still unable to obtain official property ownership documents, commonly known as a...

Tourism Declines In Azerbaijan As Hotel Revenues Fall

AZE.US Azerbaijan’s tourism sector saw a decline in 2025, reflected in falling revenues for hotels and other accommodation facilities. According to official data, total revenue generated...

Salaries In Cash: What The Rules Are In Azerbaijan

AZE.US Azerbaijani legislation generally requires employers to pay salaries through non-cash transactions, but the law allows several exceptions in which wages may still be paid...

Weight-Loss Products And Medicines From Abroad Increasingly Stopped At Azerbaijani Customs

AZE.US Azerbaijani customs authorities say shipments containing weight-loss products, medicines and dietary supplements ordered from abroad are increasingly being detained after inspections revealed the presence...

Gold Prices Rise in Azerbaijan as Jewelry Market Slows

AZE.US Gold prices in Azerbaijan have been rising in recent weeks, while demand in the country’s jewelry market has noticeably slowed, according to local traders. Sellers...

Chinese Cars Losing Buyers in Azerbaijan as Market Cools

AZE.US Azerbaijan’s automobile market is experiencing a slowdown, particularly in the segment of Chinese-made electric and hybrid vehicles, many of which remain unsold months after...

Flower Prices Rise in Baku Ahead of Holiday Season

AZE.US Demand for flowers is increasing in Baku ahead of the spring holiday season, pushing prices higher, particularly for imported varieties such as orchids and...

Food Prices Rise in Azerbaijan Ahead of Holiday Season

AZE.US Several food products have become more expensive in Azerbaijan ahead of the holiday season, with nuts and some vegetables showing the most noticeable price...

Is Plov Becoming a Luxury? Why Prices for Traditional Dishes Are Rising in Azerbaijan

AZE.US Traditional Azerbaijani dishes such as plov, dolma and piti are becoming increasingly expensive in restaurants. Rising food costs, labor-intensive preparation and higher operating expenses...

VAT Refunds to Become Automatic for Card Payments in Azerbaijan

AZE.US Azerbaijan is preparing to automate the VAT refund system for retail purchases. Under the new mechanism, shoppers paying with certain bank cards will receive...

How Mortgage Loans Could Affect Azerbaijan’s Housing Market

AZE.US New mortgage funding allocations in Azerbaijan could significantly influence the country’s housing market. Experts say expanded mortgage access may boost demand for apartments and...

Passengers Report Unexpected Bank Card Charges on Buses in Baku

AZE.US Passengers in the capital of Azerbaijan say they have noticed unusual charges when paying for bus rides with contactless bank cards. Transport operator BakıKart...

Credit Debt Is Rising in Azerbaijan, Experts Explain Why

AZE.US Overdue loans in Azerbaijan continue to grow, reflecting rising interest rates, inflationary pressures and seasonal financial strain on households. Economists say the trend could...

Cars Begin to Rise in Price in Azerbaijan

AZE.US Early signs of price increases are appearing on Azerbaijan’s car market, as rising logistics costs and higher global commodity prices linked to tensions in...

Buying an Apartment With Registered Residents: What Risks Await the New Owner

AZE.US Buying a home does not always mean gaining full control over it. In Azerbaijan, previously registered residents may retain certain legal rights even after...

Opinion: Azerbaijan’s Tax Debate Signals A Larger Economic Crossroads

AZE.US A debate over payroll taxes in Azerbaijan’s private sector may seem like a narrow technical issue. In reality, it touches on a much larger...

Prices Before Nowruz: How Much Fruits, Vegetables And Nuts Cost In Azerbaijan

AZE.US Markets in Azerbaijan are seeing increased activity ahead of the Nowruz holiday. Sellers say prices for most fruits and vegetables remain relatively stable, although...

Medical Tourism In Azerbaijan: How Much Do Treatment Packages Cost?

AZE.US Medical tourism is growing worldwide, and Azerbaijan is positioning itself as a regional destination for health and wellness travel. Treatment packages - especially those...

How To Rebuild Your Credit History And Get Approved Again In Azerbaijan

AZE.US Many borrowers face rejection when applying for a new loan. In most cases, the reason is past payment delays on previous credit obligations. In...

Flight And Tour Cancellations: Why Refunds From Airlines And Hotels Are Delayed

AZE.US Rising tensions in the region have led to the cancellation of flights and travel packages, creating new challenges for travelers seeking refunds from airlines...

Will Iranian Imports Become More Expensive Amid Regional Tensions?

AZE.US Rising tensions in the region could affect the supply and pricing of goods imported from Iran, though experts say the overall impact on Azerbaijan’s...

Household Debt Pressures Mount as Problem Loans Increase in Azerbaijan

AZE.US The volume of non-performing loans (NPLs) in Azerbaijan has risen again, signaling growing financial strain among borrowers. As of February 2026, problem consumer loans increased...

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