Business

The 2026 summer season has begun with a noticeable increase in rental prices across Azerbaijan’s Caspian Sea resorts. The sharpest growth has been recorded in the country’s northern coastal areas, par...

Family businesses account for roughly two-thirds of all companies worldwide and remain one of the pillars of the global economy. Yet today this sector faces its greatest challenge in decades: the mass...

On sunny weekends in May, residents of the Azerbaijani capital once again head for the sea. The beaches of Bilgah, Mardakan, and Buzovna are already welcoming their first visitors. Children build sand...

Azerbaijan will celebrate Eid al-Adha on May 27–28. The holiday is included in the list of official public holidays and is observed as a non-working day.

Azerbaijan’s tourism sector in 2026 has encountered its first serious sign of cooling after several years of post-pandemic recovery. According to data from the State Statistics Committee of the Republ...

Small and medium-sized enterprises in Azerbaijan are entering a period of growing financial pressure in which liquidity management is becoming as important as revenue growth itself. Rising borrowing c...

Housing prices in Baku are rising again. But the current upswing differs from previous cycles, when property values increased almost automatically alongside oil revenues and a stable manat. The market...

On the streets of Baku, it is becoming increasingly difficult to distinguish between the old oil-driven Azerbaijan and the new country trying to integrate itself into the global economy of the twenty-...

It is difficult to find a district in Baku today where a construction crane does not rise above the skyline. From the Caspian coast to the outskirts of Absheron, residential complexes continue to repl...

In Azerbaijan, the beauty industry has become one of the fastest-growing segments of the service economy over the past decade. This sphere is developing as a complex ecosystem of services that include...

In the evening, only some of the windows are lit in one of the new residential towers in Baku White City. Many of the apartments remain empty — purchased as investments, protection against inflation o...

Azerbaijan’s venture capital market remains small and at an early stage of development despite a growing number of funds and government efforts to stimulate the innovation economy, according to market...

On a warm evening in central Baku, it is no longer unusual to see young professionals sipping botanical mocktails rather than traditional spirits. The shift, subtle at first, is becoming measurable in...

Azerbaijan’s construction sector showed mixed dynamics in the first quarter of 2026: despite an increase in overall investment in the economy, key indicators within the sector point to an actual contr...

Azerbaijan is seeking to integrate into the rapidly growing global medical tourism market, yet its starting position remains weaker than that of Turkey and less flexible than that of Georgia. The coun...

Azerbaijan’s tourism sector entered 2026 with cautious optimism but exited the first quarter facing renewed pressure, as early growth gave way to a broader slowdown shaped by geopolitical uncertainty...