Cheese, spirits, wine, cars and steel facing U.S. tariffs
European wine and dairy producers are facing growing uncertainty as new U.S. tariffs threaten to disrupt exports to one of their most lucrative market...
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.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
A deadly mass shooting early on Monday (7 July) in Philadelphia's Grays Ferry neighbourhood left three men dead and nine others wounded, including teenagers, as more than 100 shots were fired.
Dozens of international and domestic flights were cancelled or delayed after Mount Lewotobi Laki Laki erupted on Monday, but Bali’s main airport remains operational.
The 17th Summit of the Economic Cooperation Organization (ECO) was successfully held in Khankendi, Azerbaijan, highlighting the region’s revival and the deepening economic cooperation among member states.
French member of parliament Olivier Marleix was found dead at his home on Monday, with suicide being considered a possible cause.
Kazakhstan's Ministry of Transport and Afghanistan's Ministry of Public Works have reached an agreement on the construction of a new railway line to connect Central Asia and South Asia, which will increase the efficiency of the North-South corridor.
Two of China’s biggest electric-vehicle makers may have to return a combined 373 million yuan (about $53 million) in state aid after a government audit said nearly 22,000 cars sold up to 2020 should never have qualified for clean-energy incentives.
Uzbekistan and the State of Eritrea signed a Joint Communiqué on the establishment of diplomatic relations through their respective UN Missions.
China said it is ready to "continuously" boost strategic coordination with Moscow. Chinese Foreign Minister Wang Yi told Russian counterpart Sergey Lavrov in Kuala Lumpur on Thursday that Beijing is prepared to help safeguard both countries’ security and development interests.
The United States has imposed sanctions on 22 entities linked to a transnational network engaged in illicit oil trade on behalf of the Iranian regime.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment