Azerbaijan’s draft 2027 state budget allocates 8.8 billion manats for defense and national security and 3.4 billion manats for reconstruction in Karabakh and East...
AzerGold plans four strategic mining projects requiring about 3.63 billion manats in investment and carrying a combined estimated economic value of 60.4 billion manats.
Board...
Azerbaijan and Uzbekistan have launched 10 joint investment projects worth a combined $389 million, including the construction of a network of SOCAR filling stations.
Jasurbek...
President Ilham Aliyev has declined to sign and returned to the Milli Majlis a bill providing incentives for Azerbaijan’s technology sector, proposing changes to...
By AZE.US
Azerbaijan’s Central Bank has issued a binding order to Rabitəbank after the lender failed to comply with a provision of the rules governing...
A two-month trial staggers start times at government offices in and around Baku. Employees are assigned to one of three schedules while the standard 40-hour workweek remains in place.
A Baku apartment overlooking the Formula 1 circuit is advertised for 1,500 manats a day during the Azerbaijan Grand Prix, compared with 170 manats on ordinary days.
By AZE.US
BAKU - Azerbaijan’s Central Bank kept its benchmark interest rate unchanged at 6.5% while cutting the lower boundary of its interest-rate corridor by...
Azerbaijan’s five-transfer daily limit is drawing complaints, but a banking expert says customers who need more transactions can ask their bank to review the cap.
President Ilham Aliyev said preparations have begun to develop mineral deposits in Azerbaijan’s Aghdara district, with Kalbajar and Zangilan expected to follow.
Azerbaijan plans to invest 5.3 billion manats in mining and metallurgy through 2030, with an expected annual financial return of more than 1 billion manats.
Oil transported through the Turkish section of the Baku-Tbilisi-Ceyhan pipeline fell 8.3% year over year to 127.893 million barrels in January-August 2026.
Energy certificates will become mandatory for new, reconstructed and extensively renovated buildings in Azerbaijan from Jan. 1, 2027, potentially raising construction costs and apartment prices.
Economist Natig Jafarli says Azerbaijani entrepreneurs increasingly discuss moving operations to Georgia, Uzbekistan, Kazakhstan or other countries instead of expanding at home.
Diesel supplies could remain tight through much of 2027 as inventories fall across the United States, Europe and Asia, leaving markets vulnerable to further disruptions.
Azerbaijan plans to regulate homemade food sold through markets, stores, social media and restaurants, but certification rules and fees have not yet been approved.
By AZE.US
Baku residents are losing years of their lives in traffic because of poor road planning and mistakes made by officials, Tural Abbasli, chairman...