[1][2][3][4] She and her sister Leyla Aliyeva own Azerfon, one of the largest mobile operators in Azerbaijan through three Panamanian offshore companies.

She attended high school number 160 in Baku and was also educated in Switzerland and Great Britain, together with her older sister Leyla.

In 2011, investigative reporting revealed that Arzu Aliyeva and her sister Leyla owned 72% of the operator through three Panamanian offshore companies.

[5] In 2006, Ilham Aliyev awarded mining rights for six gold fields worth billions of dollars to a four-company consortium owned by his daughters through offshore companies.

Over the course of several years, the consortium failed to make profits, as the secretive ownership structure inhibited the companies' ability to sell on the world market.

In November 2021, Arzu Aliyeva was awarded the prize for "Contribution to the Culture of the Turkic World" at the Korkut Ata Film Festival in Istanbul.