Aze.US Uzbekistan’s recent decision to ban vehicles older than 50 years from public roads has renewed debate across the region about the future of aging car fleets, including in Azerbaijan, where experts say similar restrictions could eventually be considered. Environmental and Safety Concerns Specialists note that older vehicles pose a dual risk. They typically emit … Read more
Aze.US A recent, modest decline in beef and lamb prices in Azerbaijan has done little to reverse a broader consumer trend: households are increasingly turning to cheaper protein sources, particularly chicken, as income pressures continue to shape food choices. Market vendors report that beef prices have fallen from roughly 17.5 to 17 manats per kilogram, … Read more
Aze.US Banks market “promo” credit as relief from high rates, but the region’s core problem is structural: expensive funding, wide spreads, and contracts that quietly reset. A quick data snapshot shows Azerbaijan still sits at the top end of South Caucasus lending costs. The Data Point Most Borrowers Feel Across the South Caucasus, the headline … Read more
Aze.US Promotional loan offers in Azerbaijan are drawing increased attention as banks continue to issue consumer credit at interest rates often exceeding 20 percent. While temporary discounts can make borrowing appear more affordable, financial specialists warn that such campaigns may create complications during repayment. According to banking expert Emin Karimov, reduced rates introduced during promotional … Read more
Aze.US Recurring fraud cases in Azerbaijan’s construction sector are highlighting structural weaknesses in real estate governance, undermining buyer confidence and exposing gaps between legal safeguards and market practice. Reports from several districts in Baku describe patterns that include the sale of the same apartment to multiple buyers, delayed or unfulfilled relocation promises, sudden demolitions without … Read more
Aze.US Land values in Baku are projected to increase by around 15 percent in 2026, continuing a broader upward trend in the capital’s real estate market, according to Vugar Oruj, chairman of the Azerbaijan Society of Appraisers. The forecast follows an estimated 20 percent rise in land prices in 2025, while growth is expected to … Read more
Aze.US Azerbaijan’s insurance sector is projected to deliver double-digit growth in 2026, reinforcing its gradual transformation from a peripheral financial service into a core pillar of the country’s economic resilience, according to industry leadership. The outlook reflects alignment with national development frameworks, including the 2022–2026 Socio-Economic Development Strategy and the Azerbaijan 2030 National Priorities, both … Read more
Aze.US Concerns over potential increases in chicken prices in Azerbaijan have emerged after Turkey raised poultry prices by about 15% ahead of Ramadan and announced a temporary halt to poultry exports. However, local experts say the Azerbaijani market is unlikely to face significant price pressure. Economist Khalid Karimli notes that 75–80% of domestic demand for … Read more
Aze,US Taxi drivers have received notifications about a potential fare increase of up to 10% amid rising fuel costs. While officials say the change does not apply to Baku, confusion remains among drivers and passengers. Notifications sent to drivers working with the Bolt platform have triggered widespread discussion on social media. The message stated that, … Read more
Aze,US Food costs in Azerbaijan continue to climb, with residents reporting noticeable price increases for basic goods, weaker purchasing power, and sharp jumps in certain items since the start of the year. The food price index has increased by 4.3% year-on-year, according to a report by the UN Food and Agriculture Organization. The global trend … Read more