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Russia's federal agency for technical regulation, Rosstandart, has approved a new interstate standard for ceramic sanitary products, including toilets, bidets, and sinks.**

Recent data released by the State Statistical Committee (SSC) reveals a persistent rise in the cost of living across Azerbaijan during the first four months of 2026. According to the official report, the consumer price index increased by 5.6% compared to the same period in 2025. This inflationary pressure is most acutely felt in the food sector, where prices for groceries, alcoholic beverages, and tobacco products climbed by 6.7%.

Official unemployment in Nakhchivan surged by 50% in the past year. Explore the latest 2025 labor statistics from the NAR, expert insights on data transparency, and how recent political shifts after Vasif Talibov have impacted Azerbaijan's job market.

The Baku Metro will now include 'BakuBus' and taxi services. This change comes after President Ilham Aliyev signed a decree on May 7.

Explore the shift in Azerbaijan's Wealth Fund (SOFAZ). With oil revenues at a 15-year low and delayed dividends, the fund pivots to a $23B gold portfolio. Analysis of production declines, real estate stagnation, and the future of the Caspian economy.

Discover how Europe's gas cut-off (2028) makes Azerbaijan a key energy partner and fuels BP’s $2.9B Shah Deniz expansion. Analyze the geopolitical risks.

Georgian prosecutors link the 2023 bridge collapse built by Azerbaijan's Akkord to massive corruption and fraud. Former official Levan Kupatashvili is arrested over faked work certificates and $5.8M state loss. Get the details on the Samtredi-Grigoleti scandal.

Historic: The first 1,000-ton shipment of Kazakh wheat reached Armenia via Azerbaijan after cargo transit restrictions were lifted, a major step enabled by recent peace agreements and Washington accords. This boosts regional cooperation.

Armenia plans to import Russian goods (incl. grain) by rail through Azerbaijan, restarting a route closed since the 90s. This landmark transit, following the removal of Azeri restrictions, is key to boosting regional economic ties, EAEU market access, and strengthening peace between Yerevan and Baku. Applications are open.

Azerbaijan has lifted all restrictions on cargo transit to Armenia. This was announced today by Azerbaijani President Ilham Aliyev in Astana during a press statement with Kazakhstan's President Kassym-Jomart Tokayev.

New data released by the State Statistics Committee (DSK) has highlighted a continued inflationary environment in Azerbaijan, although independent economists claim the real cost of living increase is significantly higher, potentially reaching double-digit figures.

Uncover 3 shocking truths about Azerbaijan's economy: the 5% unemployment rate that masks 20% joblessness, the innovation gap, and its role as a backdoor for Russian oil to the EU.

Azerbaijan public transport fares rise 20% (0.6 manat / $0.35) starting October 1 for Baku Metro and buses. Details on tariff changes, carrier sustainability, and fleet renewal plans.

SOCAR's acquisition of Italian energy giant Italiana Petroli (IP) marks a major step in expanding its European presence. The deal strengthens economic ties between Azerbaijan and Italy, boosting Europe's energy security with IP's vast network of refineries and filling stations.

Azerbaijan Airlines (AZAL), the national carrier of Azerbaijan, has introduced a new Airbus A320neo passenger aircraft into service, the company's press service reported.

Azerbaijan is facing a complex economic landscape as falling export oil prices and declining domestic production challenge its budget. In response, the state oil company SOCAR is making significant international investments in Italy and Israel to secure new revenue streams, while the government is planning for a 2026 budget that relies on increased tax collection, potentially by ending a major tax break for private sector workers.

Aliyev: Azerbaijan expands gas exports to 10 European countries. His meeting with EU Commissioner Kos also covered energy security, transport cooperation, and peace efforts with Armenia.

Azerbaijan and the UAE have agreed to build two container ships for cargo transshipment on the Caspian Sea.

Cyprus is a top 3 foreign investor in Azerbaijan ($353M) despite no diplomatic ties. Funds likely from Azerbaijani-owned offshore companies.

Terminal Investment Limited becomes a shareholder in the largest container port in the Aegean region. Investments in SOCAR Terminal will strengthen Turkey's position in the global supply chain, boosting capacity, digitalization, and efficiency.