Business News and Analysis | Caucasus Business Journal

Azerbaijan's Non-Oil Exports Rise 20.5% to $3.2bn in Nine Months

Azerbaijan's non-oil exports excluding gold reached $3.2bn in January to September, CAERC says, with sales to Georgia up to $443m from $244.8m a year earlier.

November 2, 2026

Min

CBJ Business Desk

Georgia's Managers Earn GEL 3,609 a Month, Over Three Times Elementary Workers

Geostat data show managers in Georgia earned GEL 3,609 a month in 2025 against GEL 1,132 in elementary jobs, while employers' annual labour cost per employee averaged GEL 26,671.

November 2, 2026

Min

CBJ Business Desk

Georgia Grants 8,632 Construction Permits in Nine Months as Area Rises 2%

Geostat says Georgia granted 8,632 construction permits in January to September 2026, up 0.4%, for 8,654.8 thousand square metres, while completed objects fell 5.9%.

November 2, 2026

Min

CBJ Business Desk

Azerbaijan's Hotel Nights Fall 6.6% in Nine Months as Revenue Edges Up

Azstat data show 3,239.3 thousand hotel nights in January to September 2026, down 6.6%, while revenue rose 0.6% to 497.3 million manats as room use fell to 23%.

November 2, 2026

Min

CBJ Business Desk

Armenia Moves Workers Earning Up to AMD 200,000 Into Health Insurance

Armenia's Cabinet approved bills to insure workers earning up to AMD 200,000 from 2027, with a AMD 10,800 monthly premium split between state, employer and worker.

November 2, 2026

Min

CBJ Business Desk

Armenia's 1,000 Largest Taxpayers Pay AMD 1.64 Trillion in Nine Months

Armenia's 1,000 largest taxpayers paid AMD 1,638 billion in January to September 2026, up AMD 199 billion, led by phone reseller Mobile Centre and the Zangezur copper combine.

October 30, 2026

Min

CBJ Regional Affairs Desk

Algeria Invites Azerbaijani Firms to Its 2026 Bid Round

Algeria invited Azerbaijani companies to bid for seven exploration areas holding an estimated 1.8 billion barrels, after its hydrocarbons minister met Azerbaijan's in Moscow.

October 30, 2026

Min

CBJ Business Desk