"Azerbaijan Art Festival - 2013" (June 4 - July 11) finished on a positive note. Conducted as part of the festival, the exhibition was visited by over 2 million people, master classes conducted about 400 students and young people.
The sponsor of the marathon was the mobile operator Nar Mobile, the event was supported by the Ministry of Culture and Tourism, organized by Baku Creative Center. The festival covered 11 cities and districts of Azerbaijan. In the framework of the exhibition and held master classes in Baku, Sumgait, Shirvan and Mingachevir, as well as in the districts of Salyan, Saatli, Kurdamir, Sheki, Gakh, Ismailly and Khachmaz.
Demonstrated at trade shows about 40 works by 17 artists, and also conducted master classes for young people with creativity. According to the CEO of Azerfon Kent McNeely, Nar Mobile is trying to support projects aimed at preserving and developing the national and cultural heritage of the Azerbaijani people, "and that is why we gladly welcomed the idea of ??holding the Festival of Arts of Azerbaijan and supported this initiative. We are planning similar projects in the future." -17D-
Economics
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SOCAR President Rovshan Najaf met with the Minister of State for Petroleum of Pakistan, Musadik Malik, on January 18. According to SOCAR, the discussions covered joint energy projects, achieved outcomes, and cooperation opportunities in various areas, including the trade of petroleum products.
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The State Statistics Committee of Azerbaijan reported that in 2024 investments in fixed assets reached 21,435.1 million manats, which is 0.7% less than in 2023. While overall figures edged lower, the sectoral breakdown reveals notable disparities between the oil and gas sphere and non-oil industries.
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Azerbaijan’s industrial enterprises and individual entrepreneurs reported a modest 1.1% year-on-year increase in industrial production during 2024, reaching an output valued at 64.1 billion manat. The State Statistics Committee attributed the overall growth to a 0.5% expansion in the oil and gas sector, while non-oil and gas industries surged by 7.3%.
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Global diesel prices and refining margins have spiked following the latest U.S. sanctions targeting Russian oil trade, as markets brace for reduced supply, analysts and LSEG data indicate.
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