Baku

President Ilham Aliyev met with Chairman and CEO of Kaspersky Lab in Munich
Photo
Foreign policy
President Ilham Aliyev met with Chairman and CEO of Kaspersky Lab in Munich
  • 18 February, 2017
  • 05:16
Ranking of Azerbaijani banks on return on equity (ROE) - (TOP-10)
Finance
Ranking of Azerbaijani banks on return on equity (ROE) - (TOP-10)
  • 17 February, 2017
  • 15:14
UNDP to support Azerbaijan to fulfill its obligation under UN Framework Convention on Climate Change
Foreign policy
UNDP to support Azerbaijan to fulfill its obligation under UN Framework Convention on Climate Change
  • 17 February, 2017
  • 15:05
Brother-in-law of Spanish monarch will spend 6 years in jail for fraud
Other countries
Brother-in-law of Spanish monarch will spend 6 years in jail for fraud
  • 17 February, 2017
  • 14:56
Azerbaijani and Turkish Diaspora launch Khojaly Committee in Netherlands
Diaspora
Azerbaijani and Turkish Diaspora launch Khojaly Committee in Netherlands
  • 17 February, 2017
  • 14:40
AMF sells bonds of 20 mln AZN in next auction
Finance
AMF sells bonds of 20 mln AZN in next auction
  • 17 February, 2017
  • 14:31
EBRD continues meetings to provide TAP funding
Energy
EBRD continues meetings to provide TAP funding
  • 17 February, 2017
  • 14:23
Revenues of Azerbaijani population up by 4.6% in January
Finance
Revenues of Azerbaijani population up by 4.6% in January
  • 17 February, 2017
  • 14:14
Chairman of Duma Committee: Russia will support Baku’s initiative to provide venues for meetings
Foreign policy
Chairman of Duma Committee: Russia will support Baku’s initiative to provide venues for meetings
  • 17 February, 2017
  • 14:06
BP and co-venturers celebrate second graduation and sponsored technicians training
Energy
BP and co-venturers celebrate second graduation and sponsored technicians training
  • 17 February, 2017
  • 13:58
Ranking of Azerbaijani banks on return on assets (ROA) - (TOP-10)
Finance
Ranking of Azerbaijani banks on return on assets (ROA) - (TOP-10)
  • 17 February, 2017
  • 13:50
Azerbaijani President met with Israeli Defence Minister in Munich
Foreign policy
Azerbaijani President met with Israeli Defence Minister in Munich
  • 17 February, 2017
  • 13:42
Azerbaijan's economy grew by 0.8%
Finance
Azerbaijan's economy grew by 0.8%
  • 17 February, 2017
  • 13:35
UK Prime Minister’s Trade Envoy to visit Azerbaijan
Foreign policy
UK Prime Minister’s Trade Envoy to visit Azerbaijan
  • 17 February, 2017
  • 13:28
Iranian bank allocates 83 mln EUR for construction of Iran-Armenia power line
Region
Iranian bank allocates 83 mln EUR for construction of Iran-Armenia power line
  • 17 February, 2017
  • 13:20
Ranking of Azerbaijani banks on annual dynamics of interest expenses (TOP-10)
Finance
Ranking of Azerbaijani banks on annual dynamics of interest expenses (TOP-10)
  • 17 February, 2017
  • 13:12
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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.