AZE.US Rising tensions in the Middle East have raised concerns among Muslims preparing for the annual Hajj pilgrimage. While officials say the pilgrimage is proceeding as planned for now, questions remain about what would happen to pilgrims’ payments if the trip were cancelled. Growing instability in the Middle East has sparked questions among Muslims planning … Read more
AZE.US International marriages in Azerbaijan are becoming more common, but noticeable differences remain between men’s and women’s choices of foreign spouses. Sociologists say religion, tradition and social expectations continue to influence these patterns. International marriages are gradually becoming more common in Azerbaijan, but the patterns of such unions differ significantly between men and women. According … Read more
AZE.US Azerbaijan’s President Ilham Aliyev met with Moldova’s Deputy Prime Minister and Foreign Minister Mihai Popșoi to discuss bilateral cooperation and regional developments. President Ilham Aliyev received Mihai Popșoi, Deputy Prime Minister and Minister of Foreign Affairs of Moldova, in Baku on March 6. During the meeting, Popșoi thanked the Azerbaijani leader for the reception … Read more
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 the refund directly to their account without needing to keep receipts. Azerbaijan plans to introduce an automated system for value-added tax (VAT) refunds on retail purchases, making the process faster … Read more
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 contribute to further price growth. New mortgage loan allocations in Azerbaijan are expected to have a noticeable impact on the country’s real estate market, potentially increasing demand for housing and … Read more
AZE.US Authorities in Azerbaijan are warning drivers about a wave of fraudulent SMS messages claiming unpaid traffic fines. Officials say the messages are part of a scam designed to steal personal and bank card information. Drivers in Azerbaijan are being warned about fraudulent text messages claiming that they owe administrative fines for traffic violations. The … Read more
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 says the issue is not a system failure but a normal delay in how payments are processed. Passengers in Baku have begun reporting unexpected charges on their bank cards after … Read more
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 signal broader risks for the credit market if it persists. The volume of overdue loans in Azerbaijan has increased, prompting concerns among economists about growing financial pressure on borrowers. According … Read more
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 the Middle East begin to affect vehicle imports. Some vehicles in Azerbaijan have started to become more expensive, as regional geopolitical tensions begin to ripple through the country’s automotive market. … Read more
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 the property changes hands, potentially creating legal and financial complications for the new owner. When purchasing real estate, one of the most common legal issues buyers encounter involves people who … Read more