In the 2nd quarter, foreign direct investments (FDI) in Georgia amounted to $574.3 million, Sakstat reported (estimation). If compared to estimation for the same period of 2023, the volume has increased by 10.3%. More...
In total foreign direct investments (FDI), made in Georgia in the 2nd quarter ($574.3 million), the UK accounted for 46.4%, or $266.7 million, Sakstat reported (estimation). If compared to the same period of 2023, the volume of FDI from the UK has increased by 87%. More...
In total foreign direct investments (FDI), made in Georgia in the 2nd quarter ($574.3 million), the largest part accounted for financial and insurance activities – 52.3%, or $300.1 million, Sakstat reported (estimation). If compared to the same period of 2023, FDI in this sphere have increased by 38%. More...
The final stage of negotiations on agreement on economic cooperation between Georgia and Korea took place, Georgian Ministry of Economy and Sustainable Development reported. The parties agreed on such areas as trade with goods and services, intellectual property rights, customs and other important issues, the Ministry said. More...
Since September, Chinese SF Airlines has increased number of cargo flights between Georgia and China, Georgian Civil Aviation Agency reported. In particular, the airline will conduct 2 direct cargo flights between Urumqi and Tbilisi a week. More...
Under no circumstances, even against the background of sanctions and blackmail, Bidzina Ivanishvili (billionaire founder and honorary chairman of the ruling Georgian Dream) will not take such a step that will lead to launch of a second front, a war in the country, Georgia’s Prime Minister Irakli Kobakhidze declared at the briefing today. According to the Premier, Ivanishvili “is under de facto sanctions – his $2 billion are frozen in Europe”. More...
We will create a grant program for Georgian non-governmental organizations, which will be financed from the state budget, Georgia’s Prime Minister Irakli Kobakhidze declared at the briefing today. According to the Premier, necessary institutional and financial foundations for the grant fund will be prepared in the next 2 months. More...
The donor of the ruling Georgian Dream uses municipal property in Batumi without permission, declared TI Georgia, Georgian branch of Transparency International. In particular, on September 1, 2021, the Batumi City Hall handed over free of charge a land plot of 8,339 square m and the motor-racing circuit located on it to LLC New Boulevard under 2-year usufruct agreement. More...
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