Baku

Azerbaijani oil price slightly up on markets
Energy
Azerbaijani oil price slightly up on markets
  • 10 February, 2017
  • 06:16
French President: We have to act to prevent clashes in Nagorno-Karabakh
Karabakh
French President: We have to act to prevent clashes in Nagorno-Karabakh
  • 10 February, 2017
  • 06:08
Exchange Rates of Central Bank (10.02.2017)
Finance
Exchange Rates of Central Bank (10.02.2017)
  • 10 February, 2017
  • 06:00
Azerbaijan will coordinate work of state institutions in highway construction
Infrastructure
Azerbaijan will coordinate work of state institutions in highway construction
  • 10 February, 2017
  • 05:52
US Department of Energy raises growth forecast on oil prices
Energy
US Department of Energy raises growth forecast on oil prices
  • 10 February, 2017
  • 05:45
MoD: Armenian armed units violated ceasefire 36 times using mortars
Karabakh
MoD: Armenian armed units violated ceasefire 36 times using mortars
  • 10 February, 2017
  • 05:38
Main indicators of world commodity, stock and currency markets (10.02.2017)
Finance
Main indicators of world commodity, stock and currency markets (10.02.2017)
  • 10 February, 2017
  • 05:30
'European Tobacco-Baku' to make new top appointments
Business
'European Tobacco-Baku' to make new top appointments
  • 10 February, 2017
  • 05:21
Governor of Iranian Central Bank will visit Azerbaijan
Finance
Governor of Iranian Central Bank will visit Azerbaijan
  • 09 February, 2017
  • 14:39
Board of Directors of SOCAR-UNIPER hosts regular meeting
Industry
Board of Directors of SOCAR-UNIPER hosts regular meeting
  • 09 February, 2017
  • 14:30
Fitch: Number of countries with 'AAA' credit rating at 14-year-low
Finance
Fitch: Number of countries with 'AAA' credit rating at 14-year-low
  • 09 February, 2017
  • 14:21
Iranian Minister of Justice to visit Azerbaijan
Foreign policy
Iranian Minister of Justice to visit Azerbaijan
  • 09 February, 2017
  • 14:12
SOCAR increased payments to state budget by 9%
Finance
SOCAR increased payments to state budget by 9%
  • 09 February, 2017
  • 14:03
Supply exceeds demand by over 5-fold at today's auction
Finance
Supply exceeds demand by over 5-fold at today's auction
  • 09 February, 2017
  • 13:54
FM: Several times we were pretty close to progress over Karabakh settlement talks
Karabakh
FM: Several times we were pretty close to progress over Karabakh settlement talks
  • 09 February, 2017
  • 13:47
Ambassador: Iran and Azerbaijan have no political problems
Foreign policy
Ambassador: Iran and Azerbaijan have no political problems
  • 09 February, 2017
  • 13:39
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Baku: Architecture, History, Economy, and Culture

Baku (azerb. Bakı) is the capital and largest city of Azerbaijan, as well as the largest economic, cultural, and scientific hub of the Caucasus region. Situated along the sweeping bay of the Caspian Sea on the southern coast of the Absheron Peninsula, the city uniquely combines ancient medieval history with cutting-edge 21st-century architecture. Known as the "City of Winds," Baku serves as the geopolitical and financial heart of the country, renowned for its rich oil heritage, vibrant multicultural identity, and status as a major global metropolis.

1. Architectural Landmarks and Urban Landscape

Baku’s skyline is famous for its striking contrast between ancient history and futuristic design:

Icherisheher (Old City): The historical core of Baku, designated as a UNESCO World Heritage site, featuring a maze of narrow alleyways, medieval walls, the iconic 12th-century Maiden Tower (Qız Qalası), and the majestic Palace of the Shirvanshahs.

Modern Icons: The futuristic Flame Towers—three skyscraper torches illuminated with LED displays—dominate the cityscape, alongside the fluid, wave-like curves of the Heydar Aliyev Center, designed by world-renowned architect Zaha Hadid.

The Baku Boulevard: A scenic seaside promenade stretching along the Caspian coastline, lined with parks, cafes, the Baku Eye Ferris wheel, and the landmark Carpet Museum shaped like a rolled-up carpet.

2. Historical Milestones and Energy Heritage

Ancient Crossroads: Historically an important trading post along the Caspian Sea, Baku rose to global prominence during the late 19th and early 20th centuries during the world's first industrial oil boom, supplying a significant portion of the globe's petroleum.

Soviet and Post-Soviet Era: After decades as a major industrial center within the Soviet Union, Baku became the capital of the independent Republic of Azerbaijan in 1991, transforming into a modern cosmopolitan European-style capital.

3. Economy, Transport, and Global Events

Economic Hub: Baku is the financial center of Azerbaijan, housing the headquarters of major national and international energy corporations, financial institutions, and commercial enterprises.

Transport Crossroads: The Heydar Aliyev International Airport connects Baku with major global destinations, while the Baku-Tbilisi-Kars railway and the Baku International Sea Trade Port anchor vital trans-Eurasian trade corridors.

Global Arena: The city has established a reputation for hosting major international events, including the Formula 1 Azerbaijan Grand Prix, the inaugural European Games, the UEFA Europa League final, and global climate summits like COP29.

4. Culture, Gastronomy, and Lifestyle

Cultural Melting Pot: Baku has historically blended Eastern and Western traditions, fostering a rich legacy in classical music (such as Mugham), jazz, theater, and fine arts.

Caspian Culinary Scene: The city offers exquisite local Azerbaijani cuisine, celebrated for dishes like plov (pilaf), fresh Caspian fish, kebabs, and traditional tea culture served in armudu glasses.