Economy

Economist Proposes Tax Exemption For Incomes Below 1,000 Manats

AZE.US Azerbaijan is again discussing whether people who work a second job should receive separate tax benefits. The idea is not new. If additional work becomes...

Fruit Prices Rise Sharply In Azerbaijan After Rains And Hail

AZE.US Seasonal fruit prices have risen sharply across Azerbaijani markets after weeks of heavy rain and hail damaged crops, reduced supply and delayed the arrival...

Baku’s Summer House Season Begins As Prices Reach 1.2 Million Manats

AZE.US The approach of summer has brought new activity to the market for summer houses in Baku and the Absheron Peninsula, with demand rising especially...

Fish Prices Rise In Baku As Sellers Report Shortages

AZE.US Fish prices are rising in Baku, where sellers say the market has seen both a decline in available varieties and higher prices for several...

Private Clinics Face Fines For Failing To Issue Receipts

AZE.US Patients at some private clinics in Azerbaijan say they are being given internal payment slips instead of official fiscal receipts, making it harder for...

Baku-Tbilisi Train Returns With Modern Sleeper Service

AZE.US The restored Baku-Tbilisi-Baku passenger train has quickly become one of the most talked-about transport stories in Azerbaijan, not only because the route has returned...

Eid Al-Adha In Azerbaijan: Which Animals Can Be Sacrificed And What Prices Look Like

AZE.US Azerbaijan is marking Eid al-Adha, known locally as Qurban Bayram, with official sales and slaughter points operating across the country and families buying sacrificial...

Why 40,000 Manats May Still Not Be Enough for a Pension

AZE.US A person in Azerbaijan may have tens of thousands of manats accumulated in their pension account and still fail to qualify for an old-age...

Used Air Conditioner Prices Rise In Azerbaijan

AZE.US Azerbaijan’s used air conditioner market is heating up ahead of summer, with prices rising as demand picks up and buyers weigh whether second-hand units...

Old Building or New Development: Which Apartments in Baku Are Considered Safer?

AZE.US Many homebuyers in Baku remain cautious about new residential buildings and continue to place more trust in older apartment blocks. The argument is familiar: old...

Agalarov Outlines $100 Billion Investment Vision for Sea Breeze

Emin Agalarov says Sea Breeze is moving beyond its original role as a Caspian resort project and becoming an international investment and tourism ecosystem, with a planned investment portfolio of at least $100 billion over the next decade.

Sacrificial Rams In Azerbaijan Now Start At 300 Manats Ahead Of Eid Al-Adha

AZE.US Prices for sacrificial animals have risen in Azerbaijan ahead of Eid al-Adha, adding another cost pressure for families preparing for the holiday. In Baku markets...

What Happens If A Court Fine Goes Unpaid In Azerbaijan

Court fines in Azerbaijan can lead to frozen bank accounts, deductions from official income and travel restrictions. But enforcement becomes far harder when the person has no registered assets or formal income.

Do Banks Have To Cancel Future Interest When A Loan Is Repaid Early?

Borrowers in Azerbaijan are increasingly trying to repay loans ahead of schedule to reduce their interest burden. But the real savings depend on the contract, repayment schedule and how the bank recalculates the debt.

Demand Rises For Daily Rental Homes In Azerbaijan’s Regions Ahead Of Holiday

AZE.US Demand for short-term rental homes has increased in Azerbaijan’s regions ahead of the holiday period, with Quba and Lankaran seeing a clear rise in...

Azerbaijan Has More Cars On The Road, But New Vehicles Remain Expensive

AZE.US Azerbaijan has more cars on its roads than before, but new vehicles remain expensive for many buyers. At first glance, a larger number of cars...

Ban On Individual Heating Systems May Push Up Prices For Older Homes In Azerbaijan

AZE.US Restrictions on individual combi heating systems in new residential buildings could affect not only future developments, but also prices in Azerbaijan’s older housing stock. The...

New Agricultural University in Azerbaijan: How Will It Differ From ADAU?

AZE.US Azerbaijan plans to establish a new university in the agricultural sector, but the project appears to be aimed not at replacing the country’s existing...

Brazilian Meat Under Scrutiny: Could Azerbaijan See Higher Prices?

AZE.US Brazilian meat has come under scrutiny after the European Union moved to restrict imports of certain animal products from Brazil over concerns linked to...

Aliyev Chairs Agriculture Meeting as Azerbaijan Prepares Major Sector Reset

AZE.US President Ilham Aliyev chaired a meeting on agriculture in Baku, signaling a new policy push aimed at raising domestic food production, reducing import dependence...

Child Benefits Or State Survival? Azerbaijan Is Arguing About More Than Money

The latest argument over child benefits in Azerbaijan has exposed a much bigger problem. This is no longer just a welfare debate. It is about falling births, unaffordable housing, youth emigration, and whether the state is still thinking seriously about its own long-term future.

Baku-Tbilisi Train To Resume With New Schedule And Fares

AZE.US Passenger rail service between Baku and Tbilisi will resume on May 26, restoring one of the main overland travel links between Azerbaijan and Georgia...

Azerbaijan To Have 10 Weekend And Holiday Days In June

AZE.US Employees in Azerbaijan who work a five-day week will have 10 weekend and holiday days in June. The month includes two public holidays: June 15,...

Azerbaijan Clarifies How Unused Vacation Compensation Is Calculated

AZE.US Recent amendments to Azerbaijan’s Labor Code have created a practical question for employees: how should compensation for unused vacation days be calculated, and must...

Which Apartment Floors Are Most Popular in Baku, and Why Do They Cost More?

AZE.US In Baku’s housing market, the floor of an apartment can make a visible difference in price. Buyers do not look only at the district, size...

Problem Loans in Azerbaijan Rise Above 600 Million Manats

AZE.US Problem loans in Azerbaijan have risen sharply, with overdue debt now exceeding 600 million manats. According to official statistics, overdue loans reached 619.6 million manats...

Landslide In Baku White City Raises Questions Around Construction Safety Near Park Hill Sky Site

AZE.US A section of sidewalk has been damaged in Baku White City after a landslide occurred near a construction excavation on Central Boulevard Street, raising...

Iran Expands Car Imports Through Border With Azerbaijan

AZE.US Iran is expanding the import of foreign cars through its border with Azerbaijan, giving the Bilasuvar customs checkpoint in the Ardabil Free Economic Zone...

How To Recover Money Secretly Charged To Your Bank Card

AZE.US Smartphone users in Azerbaijan are increasingly facing a familiar problem: money quietly disappearing from their bank cards because of mobile apps, trial periods or...

Azerbaijan Considers Paying Salaries In Installments Instead Of Once A Month

Azerbaijan is discussing a possible shift away from once-a-month salary payments. Economists say the change could help households manage short-term expenses, but it would not increase real incomes.

Apartment Buyers In Azerbaijan Warned Over How Square Meters Are Counted In New Buildings

AZE.US A buyer may believe he has purchased a 100-square-meter apartment, only to discover later that the actual usable area is smaller. The issue has become...

Why Strawberries Cost 2.5 Manats In The Field And Up To 10 Manats In Baku Markets

AZE.US Azerbaijan’s strawberry season is gaining pace, but prices remain uneven between farms and city markets. Farmers in Lankaran, Sabirabad and other production areas say the...

Who Audits The Auditors? Azerbaijan’s Trust Problem In Independent Oversight

Audit is supposed to protect markets from false confidence. But after Azerbaijan’s banking failures, external auditors largely avoided public accountability. Legal expert says the problem is not only audit firms, but courts, regulators and a system where international brands can become a shield rather than a guarantee.

From 300 To 500 Manats: Azerbaijan Sees Higher Prices For Sacrificial Rams Ahead Of Eid

AZE.US Prices for sacrificial animals have increased in Azerbaijan ahead of Eid al-Adha, with the cheapest rams in Baku now starting at around 300 manats,...

Trout At 12 Manats, Dorado Up To 20: What Is Happening In Baku’s Fish Market

AZE.US Fish markets in Baku are seeing weaker demand as warmer weather sets in, but prices remain high across several popular varieties. Sellers say fewer people...

Property Prices Rise Across Azerbaijan’s Regions

AZE.US Real estate prices are rising across Azerbaijan’s regions, with demand growing especially for private homes in areas with tourism potential and better infrastructure. Realtors say...

Halal-Branded Firms in Azerbaijan Face Millions in Tax Debts

AZE.US Several Azerbaijani companies operating under the “halal” label have accumulated millions of manats in tax debts, turning what might have looked like a routine...

Meat Prices Rise In Azerbaijan As Import And Feed Costs Climb

AZE.US Meat prices in Azerbaijan are coming under new pressure as imported supplies become more expensive and local livestock costs continue to rise. According to the...

Why Azerbaijan’s 500-Manat Banknotes Have Almost Disappeared From Circulation

AZE.US Azerbaijan’s 500-manat banknote, worth about $294, remains an official means of payment, but it is rarely seen in everyday circulation. The Central Bank of Azerbaijan...

Baby Food Prices Rise In Azerbaijan Amid Inflation And Weak Competition

AZE.US Baby food prices are rising in Azerbaijan, putting additional pressure on young families already dealing with higher food costs. The issue mainly concerns baby formula,...

Latest news