Baku

International Bank of Azerbaijan gets insurance agent license
Finance
International Bank of Azerbaijan gets insurance agent license
  • 17 February, 2017
  • 13:04
Avalanche kills 7 servicemen in Kazakhstan
Region
Avalanche kills 7 servicemen in Kazakhstan
  • 17 February, 2017
  • 12:55
Ranking of Azerbaijani banks on annual dynamics of interest revenues (TOP-10)
Finance
Ranking of Azerbaijani banks on annual dynamics of interest revenues (TOP-10)
  • 17 February, 2017
  • 12:49
Measures will be taken on passengers littering or damaging Baku buses
Photo
Infrastructure
Measures will be taken on passengers littering or damaging Baku buses
  • 17 February, 2017
  • 12:40
Number of Azerbaijani population announced
Social security
Number of Azerbaijani population announced
  • 17 February, 2017
  • 12:31
Israeli and Palestinian Ambassadors commented on Trump's statement on Middle East
Foreign policy
Israeli and Palestinian Ambassadors commented on Trump's statement on Middle East
  • 17 February, 2017
  • 12:24
Azerbaijani and Croatian Presidents met in Munich
Photo
Foreign policy
Azerbaijani and Croatian Presidents met in Munich
  • 17 February, 2017
  • 12:17
Rasim Balayev: Now my state of health is good
Art
Rasim Balayev: Now my state of health is good
  • 17 February, 2017
  • 12:09
Ministry: Payment for tour packages must be carried out non-cash
Tourism
Ministry: Payment for tour packages must be carried out non-cash
  • 17 February, 2017
  • 12:01
Azerbaijan and Denmark will lift double taxation
Photo
Finance
Azerbaijan and Denmark will lift double taxation
  • 17 February, 2017
  • 11:52
Armenian citizen arrested in Turkey
Region
Armenian citizen arrested in Turkey
  • 17 February, 2017
  • 11:43
OIC Chief: Khojaly tragedy was a result of Azerbaijani territory's illegal occupation by Armenia
Karabakh
OIC Chief: Khojaly tragedy was a result of Azerbaijani territory's illegal occupation by Armenia
  • 17 February, 2017
  • 11:36
Norway warns of sharp down in oil fund assets
Finance
Norway warns of sharp down in oil fund assets
  • 17 February, 2017
  • 11:28
Report: Repo transactions may reduce level of dollarization
Analytics
"Report": Repo transactions may reduce level of dollarization
  • 17 February, 2017
  • 11:20
Prince of Saudi Arabia will travel to Azerbaijani capital
Diaspora
Prince of Saudi Arabia will travel to Azerbaijani capital
  • 17 February, 2017
  • 11:12
Profit margins of Azerbaijani banks from cash currency sale -  MONITORING
Finance
Profit margins of Azerbaijani banks from cash currency sale - MONITORING
  • 17 February, 2017
  • 11:04
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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.