Baku

Daily average throughput of South Caucasus Pipeline up by 7%
Energy
Daily average throughput of South Caucasus Pipeline up by 7%
  • 21 February, 2017
  • 14:00
Azerbaijani Foreign Minister leaves for Turkey
Foreign policy
Azerbaijani Foreign Minister leaves for Turkey
  • 21 February, 2017
  • 13:52
89% of works on 'Shah Deniz Stage 2' project completed
Energy
89% of works on 'Shah Deniz Stage 2' project completed
  • 21 February, 2017
  • 13:44
Media: Iraqi forces killed Islamic State’s chief security observant in Mosul
Other countries
Media: Iraqi forces killed Islamic State’s chief security observant in Mosul
  • 21 February, 2017
  • 13:36
YAP: Appointment of Mehriban Aliyeva the First Vice-President a pointful and prompt step
Domestic policy
YAP: Appointment of Mehriban Aliyeva the First Vice-President a pointful and prompt step
  • 21 February, 2017
  • 13:25
239 km of pipe welded in Azerbaijan as part of South Caucasus Pipeline Expansion
Energy
239 km of pipe welded in Azerbaijan as part of South Caucasus Pipeline Expansion
  • 21 February, 2017
  • 13:16
AIOC delivered 2,75 bln cum associated gas to SOCAR last year
Energy
AIOC delivered 2,75 bln cum associated gas to SOCAR last year
  • 21 February, 2017
  • 13:07
Gas production from Shah Deniz field up by 8% in 2016
Energy
Gas production from "Shah Deniz" field up by 8% in 2016
  • 21 February, 2017
  • 12:39
Ranking of Azerbaijani banks on average interest expenses/deposits ratio (TOP-10)
Finance
Ranking of Azerbaijani banks on average interest expenses/deposits ratio (TOP-10)
  • 21 February, 2017
  • 12:27
31.1 mln tons oil produced in Azeri-Chirag-Guneshli offshore fields last year
Energy
31.1 mln tons oil produced in "Azeri-Chirag-Guneshli" offshore fields last year
  • 21 February, 2017
  • 12:18
Republican Stadium prepares for Azerbaijan-Germany match and Islamic Solidarity Games
Football
Republican Stadium prepares for Azerbaijan-Germany match and Islamic Solidarity Games
  • 21 February, 2017
  • 12:09
Ranking of Azerbaijani banks on special weight of interest revenues (TOP-10)
Finance
Ranking of Azerbaijani banks on special weight of interest revenues (TOP-10)
  • 21 February, 2017
  • 11:58
Forecast: US-dollar will continue to slump
Analytics
Forecast: US-dollar will continue to slump
  • 21 February, 2017
  • 11:49
Ranking of Azerbaijani banks on average interest revenues/credits ratio (TOP-10)
Finance
Ranking of Azerbaijani banks on average interest revenues/credits ratio (TOP-10)
  • 21 February, 2017
  • 11:40
First Vice-President Mehriban Aliyeva: Believe, I will justify confidence of Azerbaijani people
Domestic policy
First Vice-President Mehriban Aliyeva: Believe, I will justify confidence of Azerbaijani people
  • 21 February, 2017
  • 11:31
Ranking of Azerbaijani banks on profits/credits ratio (TOP-10)
Finance
Ranking of Azerbaijani banks on profits/credits ratio (TOP-10)
  • 21 February, 2017
  • 11:22
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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.