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Oil prices fell after the U.S. expanded economic sanctions on Iran, as Tehran vowed to retaliate and warned it had tools to respond, raising concer...
The World Urban Forum 13 (WUF13) in Baku has placed a strong emphasis on strengthening cooperation between the public and private sectors, with discussions focused on sustainable urban development, investment opportunities and innovation in city planning.
Government institutions worked alongside representatives from business and property development sectors during a series of sessions aimed at identifying practical opportunities for collaboration.
The discussions focused on improving how urban projects are designed and delivered, while making them more attractive to long-term investment and better aligned with sustainability goals.
A dedicated session, “Delivering Smart and Sustainable Urban Projects in Azerbaijan”, highlighted how these approaches are already being implemented in practice. It examined planning, financing and delivery models, as well as lessons emerging from ongoing projects for cities, investors and urban development professionals.
A key focus was Azerbaijan’s broader urban development strategy and its connection to post-conflict resettlement. Vahid Hajiyev, Special Representative of the President of Azerbaijan, outlined the policy direction behind these efforts and the experience gained through implementation.
He said the country had been tasked “to create a sustainable resettlement and whatever is behind it”, adding that this became the foundation for the Great Return Programme.
He explained that, under this framework, Azerbaijan began introducing smart city and smart village concepts as part of its reconstruction approach.
Hajiyev also referred to projects already under way in areas such as Zangilan and Aghdam, noting that these developments have become practical examples of the model being applied.
Reflecting on Azerbaijan’s role at the forum, he said participation in WUF13 in Baku comes after “quite a lot of things in terms of urban perspective”, adding that the event provided an opportunity to share experiences with a wider international audience.
Beyond national initiatives, discussions throughout the forum also addressed broader technical and financial aspects of urban development. Topics included project design and implementation, investment facilitation, financing mechanisms and approaches to risk management.
Participants exchanged perspectives on both challenges and successful practices drawn from real-world project experience.
Overall, WUF13 continues to serve as an international platform for dialogue, bringing together policymakers, investors and practitioners to share knowledge and explore more effective approaches to building sustainable cities.
Iran on Saturday denounced U.S. plans to announce new sanctions that could put further strain on the Islamic Republic's economy and have an impact on its most important trading partners including China.
Ukraine’s President Volodymyr Zelenskyy said on Monday that Kyiv wants peace but will not surrender to Russia, as foreign leaders joined Independence Day events marking 35 years since Ukraine’s independence.
A newly created pro-government political party has secured a commanding victory in Kazakhstan's snap parliamentary election, according to exit polls, strengthening President Kassym-Jomart Tokayev's influence at a pivotal moment in the country's political transition.
Only four commodity vessels crossed the Strait of Hormuz on Sunday, following 13 transits a day earlier, as disruptions continue to restrict traffic through the key energy chokepoint.
Oil prices fell after the U.S. expanded economic sanctions on Iran, as Tehran vowed to retaliate and warned it had tools to respond, raising concerns over potential disruption to regional oil supplies.
Parents in Gaza are being urged to stop their children flying kites after Israel threatened tougher military action over those drifting across the border.
Armenia is “free” to leave the Collective Security Treaty Organisation (CSTO), Kremlin Spokesperson Dmitry Peskov has said. He made the remarks after Armenian Prime Minister Nikol Pashinyan said he would be “very pleased” if the Russian-led military alliance expelled Armenia.
Armenia’s Anti-Corruption Committee has disclosed details of a criminal case involving former President Robert Kocharyan, saying he and five other people - including his son - have been detained as part of a corruption investigation.
Saudi Arabia and France have reaffirmed their support for Palestinian statehood and called for Israel to withdraw from all Lebanese territory, as the two countries sought closer coordination on some of the Middle East’s most pressing conflicts.
Armenia's efforts to move closer to the European Union have gained political momentum in Yerevan, but the country's potential membership bid is not currently part of the EU's immediate enlargement agenda, according to a senior European Council official.
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