Baku

Ranking of Azerbaijani banks on non-performing loans (TOP-5)
Finance
Ranking of Azerbaijani banks on non-performing loans (TOP-5)
  • 09 February, 2017
  • 08:11
New graduate specialties will be introduced in Azerbaijan
Education and science
New graduate specialties will be introduced in Azerbaijan
  • 09 February, 2017
  • 08:02
President Ilham Aliyev receives Vice President of World Bank for Europe and Central Asia
Foreign policy
President Ilham Aliyev receives Vice President of World Bank for Europe and Central Asia
  • 09 February, 2017
  • 07:54
Over 2,000 flights canceled due to major snowstorm in US
Other countries
Over 2,000 flights canceled due to major snowstorm in US
  • 09 February, 2017
  • 07:45
Ranking of Azerbaijani banks on credits to financial institutions (TOP-5)
Finance
Ranking of Azerbaijani banks on credits to financial institutions (TOP-5)
  • 09 February, 2017
  • 07:38
Madonna released photo of her adopted Malawi twins - PHOTO
Photo
Show business
Madonna released photo of her adopted Malawi twins - PHOTO
  • 09 February, 2017
  • 07:30
Record number of deals signed for SOCAR bonds in January
Finance
Record number of deals signed for SOCAR bonds in January
  • 09 February, 2017
  • 07:21
Prime Minister: Montenegro has strong interest in taking part in construction of IAP
Energy
Prime Minister: Montenegro has strong interest in taking part in construction of IAP
  • 09 February, 2017
  • 07:12
Azerbaijani President's Assistant meets OIC Secretary General
Photo
Foreign policy
Azerbaijani President's Assistant meets OIC Secretary General
  • 09 February, 2017
  • 07:04
Indonesia adopts Azerbaijan’s experience in improving quality of public services
Foreign policy
Indonesia adopts Azerbaijan’s experience in improving quality of public services
  • 09 February, 2017
  • 06:55
Azerbaijan attracts loan from France to purchase new locomotives
Infrastructure
Azerbaijan attracts loan from France to purchase new locomotives
  • 09 February, 2017
  • 06:47
Azerbaijan Mortgage Fund issues bonds worth 20 mln AZN
Finance
Azerbaijan Mortgage Fund issues bonds worth 20 mln AZN
  • 09 February, 2017
  • 06:38
Qarabag FC signs a Norwegian forward
Football
"Qarabag" FC signs a Norwegian forward
  • 09 February, 2017
  • 06:30
Azerbaijani oil price increases on markets
Energy
Azerbaijani oil price increases on markets
  • 09 February, 2017
  • 06:22
Somalia's new president elected in aircraft hangar
Other countries
Somalia's new president elected in aircraft hangar
  • 09 February, 2017
  • 06:14
Baku Metropolitan refuses to continue 3 tenders announced earlier
Business
"Baku Metropolitan" refuses to continue 3 tenders announced earlier
  • 09 February, 2017
  • 06:06
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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.