The date of Microsoft Innovation Day in Baku
BAKU/27.01.14/TURAN : The traditional Innovation Day from Microsoft this year is scheduled for March 13 . The largest event dedicated to innovative technology corporation with direct participation of Microsoft Azerbaijan, will be held at JW Marriott Absheron Baku.
During the event, the corporation will provide full information about the improvements , additions and benefits of new products, as well as share plans for future activities in Azerbaijan.
Last year's demonstration was devoted to products for the end user of Windows 8 and Office, scenarios of their use in a corporate environment and cloud technologies . In addition, affected operating system features Windows Server 2012, created on the basis of innovative technologies of Microsoft, and presents the product System Center 2012, a concept which allows you to manage information technology infrastructure . - 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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