live U.S. pressure on Iran intensifies as sanctions and blockade take hold
U.S. efforts to squeeze Iran’s economy through an oil blockade and sanctions are becoming increasingly difficult for Tehran to withstand, acc...
One of the region’s largest innovation events, “Baku ID-2025”, has officially kicked off in Baku. Organized by SABAH.HUB in partnership with government agencies and leading representatives of the private sector, this year’s festival is held under the theme “The Regional Nexus”.
The event, hosted at Jolly Joker Baku and the Stone Chronicle Museum, focuses on fostering technological and innovative cooperation across the Caucasus, Central Asia, the Middle East, and North Africa.
In his opening speech, Rahim Bayramli, CEO of SABAH.HUB, announced that Azerbaijan is entering a new phase in its innovation agenda. He revealed that construction has already begun on the “SABAH.city” project, a modern hub set to host the Baku ID-2026 edition next year. According to Bayramli, this initiative will further accelerate the region’s technological development and solidify Azerbaijan’s position as a major innovation center.
Board Member Farhad Pashayev also addressed the audience, emphasizing the importance of the festival in shaping the national innovation landscape.
Key panel discussions at the event covered topics such as artificial intelligence, new skill sets, and the future of the workforce. Fariz Jafarov, head of the Center for Analysis and Coordination of the Fourth Industrial Revolution (4SIM) under the Ministry of Economy of the Republic of Azerbaijan, outlined the center’s mission and its global partnerships. He noted that 4SIM is one of 22 centers within the World Economic Forum’s global 4IR network, playing a vital role in shaping future technologies and public policy. The center also supports initiatives for human capital development by organizing training in areas such as technology literacy and presentation skills.
One of the most anticipated parts of the “Baku ID-2025” festival is its startup competitions. These contests showcase the region’s most promising and innovative projects, offering young entrepreneurs vital opportunities to connect with global investors and bring their ideas to life. The festival hosts more than 32 local and international investors, over 75 startups, 4,000+ participants, and more than 21 partners.
The event is held in partnership with the Ministry of Science and Education, SOCAR, PASHA Holding, and 4SIM. With such strong institutional support, Baku ID is quickly evolving from a regional gathering into a globally recognized innovation platform. The festival also opens valuable doors for talented students and young professionals.
Russian President Vladimir Putin has said that he thinks there is a chance of a peace being reached with Ukraine. He told the Eastern Economic Forum in Vladivostok, Russia that he believed there was "a chance of finding a solution," to the conflict.
The U.S. has launched a fresh wave of strikes on Iran, targeting Islamic Revolutionary Guard Corps (IRGC) sites as Tehran retaliated against U.S. positions across the region, while Iranian officials said at least five people were killed and dozens wounded at a wedding near Sirik.
The Iranian Health Ministry said at least 18 people were killed and 142 others injured in U.S. airstrikes carried out between 30 August and 2 September.
The European Union's foreign policy chief Kaia Kallas says the bloc will tighten enforcement of sanctions against Russia over its war in Ukraine. EU foreign ministers were meeting in Ireland following renewed Russian strikes on cities across Ukraine.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for the 3rd of September, covering the latest developments.
Black Sea Petroleum (BSP), the company behind Georgia's Kulevi plant on the Black Sea coast, has announced that as of 23 August, the refinery is processing exclusively non-Russian oil.
Two people have been rescued alive from a tunnel in Nepal, nine days after catastrophic floods devastated the country, as rescuers continue searching for survivors.
Georgia's economy grew by eight per cent in July, and if you're wondering what's behind the surge, the answer is the same one that's been doing the heavy lifting all year: oil.
Russia’s Rosatom and Kazakhstan Nuclear Power Plants have signed a contract to build two units at the Balkhash nuclear power plant, with a combined capacity of 2.4 gigawatts.
The Higher Presidential Committee for Church Affairs in Palestine has called on churches around the world to intervene after teachers and school staff from the West Bank were prevented from reaching Christian schools in Jerusalem.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment