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Analysis

National artist brings sparkle of hope to art enthusiasts

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By Laman Ismayilova

Nargiz Guliyeva is known for his vibrant art works that essentially pop off the canvas.

Her colorful canvases invite you to an exciting journey through ancient streets of the Old City in Baku, the Turkish port of Antalya and Greece known for its natural beauty.

The member of the Azerbaijan Artists' Union has recently displayed her stunning masterpieces at the Heydar Aliyev Palace.

The exhibition makes it possible for art enthusiasts to brighten up their day with more than twenty art pieces depicting still lifes, urban landscapes and the cultural heritage of different nations.

"I am fond of studying the culture, customs and traditions of different peoples which is obviously reflected in my art. One of my paintings is also inspired by the Old City (Icharishahar) known as the favorite spot of Baku residents and my dearest place where I grew up," the artist said.

Bird of Hope

Most of the art works were drawn in 2020-2021 when coronavirus spread quickly across the globe. Nargiz Guliyeva has always believed that art can save the word.

Probably, that’s why she spent her quarantine drawing summer landscapes and a cycle of paintings "Women in traditional costumes of the world" and other art works.

Her symbolic painting "Freedom" is considered the central work of the exposition. The painting depicts a girl who releases a bird from a cage, which symbolizes hope for the best.

Culture that unites us

Speaking about the exhibition, the director of the Heydar Aliyev Palace, Honored Artist Ramil Gasimov stressed that it opened as part of the project "Culture that unites us" implemented by the Culture Ministry and Medeniyyet TV channel.

In his speech, Ramil Gasimov, who is the author of the project, added Heydar Aliyev Palace holds holds various events of great importance.

Launched at the beginning of the pandemic, the project is being successfully carried out now.

The project "Culture that unites us" aims at promoting art works of talented youth.

Speaking about Nargiz Guliyeva's art, Ramil Gasimov noted that her works were exhibited at prestigious exhibitions abroad and aroused great public interest. Moreover, she is the artistic director of Nargiz Art Studio.

The Moroccan Ambassador to Azerbaijan Mohamed Adil Embarch highly appreciated Guliyeva's art.

The diplomat noted that her painting, inspired by the Moroccan women, was presented at an art fair in Dubai.

Nargiz Guliyeva expressed her gratitude to the leadership and staff of the Heydar Aliyev Palace for organizing the event.

Next, the guests viewed the paintings showcased at the exhibition.

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Analysis

Azerbaijan to simplify civil UAV registration procedures

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By Trend

The Ministry of Digital Development and Transport of Azerbaijan will simplify the procedures for registration of civil unmanned aerial vehicles (UAVs) this year, Deputy Minister Rovshan Rustamov said, Trend reports.

Rustamov made the remark at an event entitled "Priorities in the field of digital development and transport in Azerbaijan".

According to him, to simplify these procedures, it’s necessary to create an appropriate infrastructure to digitalize all processes.

"We want to make the process of registering UAVs as simple as possible. First of all, it’s necessary to take a step towards digital transformation," he noted. "Besides, in order to import these devices to Azerbaijan and register them, it’s needed to apply to nearly seven government agencies, three of which are subordinate to our ministry."

"The consent of third-party institutions is also required, and this takes about two-three months. Thus, we have already identified specific areas and steps that can contribute to the simplification of these procedures," the deputy minister further said.

"In this regard, we can talk about a project which will be created based on a single portal accepting online applications. This year, we plan to fully implement this process," added Rustamov.

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Analysis

CBA hold regular foreign currency auction

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By Trend

The Central Bank of Azerbaijan (CBA) held a regular currency auction with the participation of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) on Jan. 27, Trend reports referring to the CBA.

According to the CBA, the demand of local banks for foreign currency amounted to $84.2 million and was fully met.

The average weighted exchange rate of the manat to the US dollar amounted to 1.7 AZN/1 USD based on the results of the auction.

The CBA has begun to conduct foreign exchange auctions through a one-way sale of currency in a competitive environment since mid-January 2017.

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Analysis

Finance Ministry to put up gov’t bonds for new auction

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By Trend

The Baku Stock Exchange (BSE) will hold an auction on the placement of Azerbaijani Finance Ministry’s medium-term government bonds worth 35 million manat ($2.9 million) on February 1, 2022, Trend reports via the BSE.

According to the exchange, bonds with a face value of 100 manat ($58.8) each with a maturity of 1,092 days and a yield of four percent will be put up for the auction.

Interest payment dates are set for August 2, 2022, January 31, 2023, August 1, 2023, January 30, 2024, July 30, 2024, and January 28, 2025 (the principal payment deadline).

Pasha Capital CJSC will be the underwriter of the placement.

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