Economics

Salaries rise 7% while house prices climb 12.4%: Is it worth buying home in Azerbaijan?

Someone earning the country's average salary would have to save their entire income for 12 and a half years to afford an average-priced flat.

Why is Russian tourist boom in Abkhazia giving way to falling demand? Video from Pitsunda 

Prices now rival Turkey and Egypt, while power and water outages persist and service often fails to match the cost.

Lachin meeting: How close are Azerbaijan and Armenia to integrating their power grids?

On 25 August, representatives of the Azerbaijani and Armenian energy authorities met in Lachin.

Terabank sale: Armenian businessman, Georgian bank and possible Russian link

Arins Group, owned by Armenian businessman Karen Safaryan, is buying Georgia's Terabank and the Biltmore Hotel in Tbilisi.

Tourism support package: Can Azerbaijan reach its target of 3.8 million visitors?

In 2026, arrivals from the Gulf countries fell by 31.4%, while hotel overnight stays declined by 8.3% and hotel revenues by 3.8%

Geostat: Foreign investment in Georgia reached $1.9bn in 2025

That is almost 19.3% higher than the previous year

Judges vs ordinary pensioners in Azerbaijan: what the law and figures show

A judge’s pension is 23 times higher than the minimum pension and 12–13 times higher than the average pension. Yet judges are taking the government to court, demanding even higher payments

Fuel supplies from Tbilisi-controlled territory to Abkhazia: humanitarian aid or move in Russia's interests?

Government position, opposition criticism and expert views

Georgian PM confirms 'fuel was supplied to occupied Abkhazia from Tbilisi-controlled territory'

The opposition believes the move may have been carried out in Russia's interests.

Ilham Aliyev's AzTV interview during Nakhchivan visit: industrial park, energy projects and Zangezur Corridor

The visit focused on Nakhchivan's socio-economic development, energy security, transport infrastructure and a unified approach to the region's development

Iranian companies operating in Georgia up 510% since 2012 – EPRC

This growth has not been matched by an increase in investment, raising questions among experts.

First digital bridge beneath Caspian Sea: How Sumqayit-Aktau cable reshapes Eurasia's geostrategic landscape

A historic milestone has been reached beneath the Caspian Sea with the completion of the subsea section of the Sumqayit-Aktau Trans-Caspian fibre-optic cable.

Head of US-based TRIPP+ foundation holds talks in Armenia: Key takeaways

TRIPP+ Foundation chief Konstantin Sokolov met Armenian Foreign Minister Ararat Mirzoyan in Yerevan. Both the Armenian and US sides stressed their commitment to implementing the Trump Route (TRIPP) programme as quickly as possible.

German broadcaster ARD investigates Georgia's rise as a crypto hub

Abkhazia to buy Russian electricity 'just in case' from August to November

Previously, electricity imports took place only during the winter months, when water levels at the Inguri hydropower plant fell

Georgian banks to continue servicing local subsidiaries of sanctioned Russian energy giant Inter RAO

The National Bank said that Telasi itself is not subject to sanctions and that its uninterrupted operation is essential to both the country's population and its economy.

EU sanctions Inter RAO, Russian company controlling energy assets in Georgia

Inter RAO is the indirect owner of Georgia's Telasi, Telmico, Khrami HPP I and Khrami HPP II.

$94.3m in violations: What Azerbaijan's mid-year audit reveals

During the reporting period, the chamber carried out 20 compliance audits, two financial audits, eight performance audits and three analytical reviews.