Economy

Credit Cards Lose Ground In Azerbaijan As Debit Use Rises

AZE.US Azerbaijan is seeing a clear shift in how people use bank cards, with debit cards growing while credit cards lose ground. According to Central Bank...

Azerbaijan To Link Car Insurance Penalties To Drivers, Not Just Vehicle Owners

AZE.US Azerbaijan is preparing to introduce new rules for compulsory car insurance that could change how accident history affects future insurance costs. The change may make...

Apartments Near Baku Metro Stations Are Becoming Serious Investments

AZE.US Baku’s real estate market is becoming more active as summer approaches, with some buyers trying to purchase apartments before another possible price increase and...

Why New Residential Buildings In Baku Do Not Always Mean Comfort

AZE.US New residential complexes have become one of the most visible signs of Baku’s urban transformation. High-rise buildings, polished facades, expensive apartments and glossy advertising...

Gluten-Free Bread In Baku Sells For 6-9 Manats

Gluten-free bread in Baku is being sold for 6-9 manats, or roughly $3.50-$5.30. Specialists say the higher price is driven by costly flour, more complex production, smaller output and certification requirements.

Candy For 178 Manats: Why A Sweet Trend In Baku Is Being Sold As “Premium”

AZE.US A price tag on candy in Baku has sparked a new round of debate on social media after one supermarket appeared to offer the...

Car Prices In Azerbaijan Keep Rising Despite Drop In Imports

Azerbaijan’s car imports have fallen noticeably this year, but the market has not become cheaper.

Azerbaijan Launches Facial Recognition Payment System On Railways

AZE.US Azerbaijan has launched a facial recognition payment system in public transport for the first time, marking a new digital stage for the country’s railway...

Municipal Property Tax In Azerbaijan: Who Must Pay And When

AZE.US Property owners in Azerbaijan have been reminded of the rules for paying municipal property tax. According to Vesti Baku, local taxes are collected by municipalities...

Loan Guarantors In Azerbaijan: Why Someone Else’s Debt Can Become Your Problem

AZE.US Taking out a bank loan has become a common way for many people in Azerbaijan to deal with urgent financial needs. But behind many credit...

Azerbaijani Lawyer Urges Residents To Leave Baku Before Becoming “Servants Of The Rich”

Prominent Azerbaijani lawyer Akram Hasanov has issued a stark warning about life in Baku, arguing that the capital is increasingly being shaped for the wealthy while ordinary residents face growing pressure from debt, housing insecurity and failing urban infrastructure.

Azerbaijan Says Foot-And-Mouth Disease Situation Is Stable, But Regional Risk Remains

AZE.US Azerbaijan’s veterinary authorities say the epizootic situation regarding foot-and-mouth disease remains stable, even as risks persist in the wider region. According to official data published...

700,000 People In Azerbaijan Await Salary Increases

Azerbaijan’s minimum wage must now be reviewed at least once a year under recent changes to the Labor Code. MP Vugar Bayramov said the next increase could affect around 700,000 citizens.

Fish For 17 Manats At The Market, Up To 23 In Stores: Where Groceries Are Cheaper In Azerbaijan’s Regions

AZE.US Food prices in Azerbaijan’s regions can vary sharply depending on where people shop, with open-air markets often offering lower prices than supermarkets for vegetables,...

Baku Will Not Allow Taxis Into Bus Lanes

AZE.US Azerbaijani transport authorities say taxis will not be allowed to use dedicated bus lanes in Baku for now, arguing that protecting bus schedules...

Events Around Iran Hit Azerbaijan’s Tourism Sector

AZE.US Regional tensions around Iran are beginning to affect Azerbaijan’s tourism sector, especially travel from Gulf countries. Tourism expert Rahman Guliyev said the recent developments in...

Azerbaijan’s Meat Prices Rise Again As Buyers Cut Back

AZE.US Meat prices in Azerbaijan are continuing to rise, adding pressure on household budgets ahead of the holiday season. Sellers say the increase has become a...

Prices Are Rising In Neighboring Countries. Why It Hits Azerbaijani Wallets

AZE.US Azerbaijan’s market does not exist in isolation from the region. When food, construction materials, clothing or spare parts become more expensive in neighboring countries, the...

BakıKart For Taxis? Baku Passengers Are Still Waiting For A Decision

AZE.US Baku passengers may eventually see a more integrated urban transport system, but payment for taxis through BakıKart is not being introduced yet. The issue emerged...

Parking Near Restaurants And Pharmacies In Baku Is Becoming A Risk For Drivers

AZE.US Parking near restaurants, pharmacies, shops and wedding halls in Baku is turning into a growing headache for drivers, as limited parking space and tighter...

Armenian Cheese In Baku? Food Safety Agency Checks Claims After Market Allegations

AZE.US Azerbaijan’s Food Safety Agency is examining claims that cheese with Armenian labeling may have been offered for sale at Baku’s “8th Kilometer” market, after...

Sea View Is Not A Guarantee: Why A Baku Apartment Can Lose Value

AZE.US A sea-view apartment in Baku is often sold as more than just a place to live. For many buyers, it is a lifestyle choice,...

Building Managers In Azerbaijan Cannot Act Like Owners Of Residents’ Homes

AZE.US Living in an apartment building does not mean residents give up their basic rights inside their own homes. In Azerbaijan, disputes between residents and building...

Car Ownership Is Becoming A Luxury Again In Azerbaijan As Prices Rise

By AZE.US Editorial Team Car ownership in Azerbaijan is again moving closer to a luxury purchase, as average prices rise and buyers increasingly rely on...

Sacrificial Animal Prices Rise In Azerbaijan Ahead Of Kurban Bayrami

AZE.US Prices for sacrificial animals are rising in Azerbaijan ahead of Kurban Bayrami, with sheep in Baku starting at around 300 manats and larger animals...

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