Bakcell to Show Azerbaijan from Bird"s Eye
The first local mobile operator and provider of mobile Internet, Bakcell presented to the public a book "Azerbaijan from a bird's eye." This is a unique collection of photographs taken from the air. Works will give you the opportunity to rediscover Azerbaijan and a whole new perspective on the diverse and beautiful nature of the country.
The project was implemented by ArtGroup Istanbul and the famous Albanian photographer Alket Islami supported by Bakcell.
"Projects undertaken by us in the past year suggest that Bakcell aims to make a contribution to the culture, literature and sport in Azerbaijan. We support large projects in these areas. Photographs collected in this book represent the beauty of Azerbaijan in a completely new and unique way, show the diversity and beauty of the landscape. We invite you to enjoy the beauty that surrounds you. Azerbaijan is a beautiful country, and we are proud that Bakcell network covers 92 percent of this beauty," said Mr. Richard Shearer, CEO of Bakcell.
The photography took place in July 2012. 102 unique photographs were selected by Bakcell and collected in the book "Azerbaijan from a bird's eye."
"I always dreamed of a project outside Albania, and when I had the opportunity to work on this wonderful project in Azerbaijan, I happily agreed. The first step after receiving the invitation, I opened the program Google Earth and started to prepare! Even before I arrived, I knew that the photographs are obtained simply outstanding, and even during the shooting from the air realized to what extent are obtained with beautiful photographs of the diverse and beautiful country," said Alket Islami.
At the presentation ceremony of the book "Azerbaijan from a bird's eye" was organized auction for 6 selected photos in which collected more than four thousand manats. Bakcell will double that amount and allocate it to charity projects in the framework of its corporate social responsibility program "Bakcell Stars". - 17D-
Economics
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Azerbaijan's financial standing continues to strengthen as the country's foreign currency reserves have surged to $71 billion as of January 1, 2025, according to the Ministry of Finance. This figure, which includes reserves held by the State Oil Fund of Azerbaijan (SOFAZ) and the Central Bank of Azerbaijan (CBA), far exceeds the nation's external debt, which stands at a fraction of its reserves, specifically nearly 14 times less. This robust reserve position reflects Azerbaijan's fiscal stability and the government’s strategic economic management.
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According to operational data from the Ministry of Energy of Azerbaijan, in January 2025, the country produced 2.3 million tons of oil, including condensate, and 3.9 billion cubic meters of gas.
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The State Oil Company of Azerbaijan (SOCAR) has opened a representative office in Albania and is set to launch a specific project this year, the Albanian company "Albgaz" announced.
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"Azerbaijan is currently among 54 middle-income countries," said Shahmar Movsumov, head of the Economic Affairs and Innovative Development Policy Department of the Presidential Administration, during the presentation of the World Bank’s World Development Report 2024 in Baku on February 10.
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