Azerbaijan’s Construction Market: Cranes, Expensive Apartments and the State as Chief Architect

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 spend more. The handover of the competition flag to...

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 merely an exporter of Caspian hydrocarbons. The...

Supermarkets are gaining ground through scale, digital accounting and predictability, but traditional markets still support employment, agricultural sales and price competition. Their future depends not on preserving the old model but on modernising...

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 withdrawal of incentives can alter demand in a market...