Absheron

October Pensions Paid in Baku, Sumgayit, and Absheron

The Ministry of Labour and Social Protection of Population reported that October pensions have been paid in Baku, Sumgayit, and the Absheron district. In the Nakhchivan Autonomous Republic, payments were also made on 7 October.

Absheron Full Field Development to Require $4.2 Billion Investment

The Absheron Full Field Development project has reached final investment decision. First gas is planned for 2029.

Demand for Homes in Flood-Risk Zones in Baku Plunges

After heavy rains, demand for private homes in high flood-risk areas in Baku and Absheron has plummeted, despite prices halving.

Mortgage Fund Provides 208 Rent-to-Own Apartments in Absheron

The Mortgage and Credit Guarantee Fund has allocated 208 renovated apartments in Saray settlement, Absheron district, under the rent-to-own mechanism. Monthly payments start from 620 manats.