Business

The Rhythmic Gymnastics World Championships will give Baku global visibility. The real test, however, will be whether the country can turn spectators in the arena into visitors who stay longer and spe...

The completion of SOCAR’s acquisition of 99.82% of Italiana Petroli on May 8th 2026 offered the clearest evidence yet that the State Oil Company of the Azerbaijan Republic is no longer content to be m...

Supermarkets are gaining ground through scale, digital accounting and predictability, but traditional markets still support employment, agricultural sales and price competition. Their future depends n...

Imports of vehicles with electrified powertrains into Azerbaijan more than halved in the first six months of 2026 following a change in the tax regime. The decline demonstrates how quickly the withdra...

An economic and social analysis against the backdrop of statistics for the first half of 2026 The number of trips abroad made by Azerbaijani citizens fell by 5.1% in the first six months of 2026. Howe...

Azerbaijan is introducing new mechanisms to combat illegal online casinos, shadow business practices and the concealment of companies’ de facto owners, while easing the conditions for exemption from l...

The Sea Breeze project is a large multifunctional coastal development located on the Caspian Sea north of Baku, near Nardaran on the Absheron Peninsula. Launched in the mid-2000s as a relatively small...

Construction has once again become one of the most visible sectors of Azerbaijan’s economy. Yet the overall rise in capital investment conceals an uneven picture: investment in oil, gas and transport...

Over the past decade, the rapid development of digital technologies, expanding internet access and the formation of a cashless payment infrastructure have transformed e-commerce in Azerbaijan from an...

Ice cream production is one of the high-value-added segments of the food industry. Since this sector is closely connected with dairy farming, agriculture, the packaging industry, logistics, retail tra...

The Azerbaijani construction materials market maintained moderate price growth in May 2026, although the pace of increases slowed noticeably compared with the beginning of the year. Strong constructio...

At the end of June 2026, the Turan Analytical Service monitored the average cost of a consumer basket in Baku comprising 30 basic domestically produced food items. The results show that the food marke...

Digital statistics for June 2026 indicate that Azerbaijan's market for electronic devices and software is entering a new stage of development. Mobile phones remain the primary means of accessing the I...

Azerbaijan’s housing market continued its upward trajectory in the first half of 2026, but in a far more complex configuration than in the previous two years. Formally, the sector remains active: cons...

Azerbaijan’s automotive market in the first half of 2026 faced a sharp decline in imports while maintaining persistently high price levels, creating a rare combination for the sector: a shortage in fl...

In the evening, when the lights go out in the hall and an actor takes the first step onto the stage, theater remains one of the few spaces where a human being encounters art without mediation — withou...