Caucasus Business Week

ETC to Launch Wine Exports in 2019

September 18, 2018

ETC to Launch Wine Exports in 2019

ETC, a Georgian winemaking brand, is conducting negotiations with countries of Central and Eastern E…

Uniform Visual Standards of Taxis to be Launched from 2019

September 18, 2018

Uniform Visual Standards of Taxis to be Launched from 2019

Within the framework of the taxi reform, Tbilisi City Hall works on the uniform visual standards of …

Why Fuel Prices Beat Historical Maximum

September 18, 2018

Why Fuel Prices Beat Historical Maximum

The past period has recorded quite painful developments on the fuel market as the price of a liter o…

Public-Private Partnership Law – New Opportunity for Energy Sector Projects

September 18, 2018

Public-Private Partnership Law – New Opportunity for Energy Sector Projects

Energy sector (excluding oil & gas) is one of the strategically important sectors under newly ad…

ADB and Anaklia Consortium Sign MOU to Develop Port in Georgia

September 18, 2018

ADB and Anaklia Consortium Sign MOU to Develop Port in Georgia

The Asian Development Bank (ADB) signed a memorandum of understanding (MOU) to explore the developm…

Georgian Business Ombudsman Introduces Its Representative in Adjara Region

September 18, 2018

Georgian Business Ombudsman Introduces Its Representative in Adjara Region

Tornike Rizhvadze, head of Adjara Government, and Business Ombudsman of Georgia Irakli Lekvinadze me…

Marta Karumidze: “The attitude of People to their work Always Reflects on the Case and the Outcome”

September 18, 2018

Marta Karumidze: “The attitude of People to their work Always Reflects on the Case and the Outcome”

Interview with Public Relations Manager of Public Procurement Agency Marta Karumidze. Why did you de…

Summarizing a Three-year Initiative to Promote Open and Secure Borders Between Azerbaijan and Georgia

September 18, 2018

Summarizing a Three-year Initiative to Promote Open and Secure Borders Between Azerbaijan and Georgia

The governments of Azerbaijan and Georgia, together with the European Union (EU) and United Nations …

Innovate in AgroTourism- Students Finding Solutions

September 18, 2018

Innovate in AgroTourism- Students Finding Solutions

Impact Hub Tbilisi, in collaboration with the Embassy of the Netherlands in Georgia is organizing a …

PechaKucha Night Gathers Creative People in Tbilisi to Share their Ideas

September 18, 2018

PechaKucha Night Gathers Creative People in Tbilisi to Share their Ideas

This September, PechaKucha Night returns to Tbilisi after a 5-year pause to serve as a platform for …

Georgia Named among 12 Best Countries for Starting Business

September 17, 2018

Georgia Named among 12 Best Countries for Starting Business

The Reboot Digital Agency has named 12 best countries for starting a business, including Georgia ran…

Georgia at Britain’s Most Prestigious International Short Film Festival

September 17, 2018

Georgia at Britain’s Most Prestigious International Short Film Festival

Encounters Film Festival, one of the most prestigious short films international film festival will b…

Ketevan Aleksidze Represents Georgia at WORD ROUTES 2018 Aviation Forum in China

September 17, 2018

Ketevan Aleksidze Represents Georgia at WORD ROUTES 2018 Aviation Forum in China

24th Annual Aviation Forum WORD ROUTES 2018 is being held in the city of Guangzhou, China. More than…

Baku-Tbilisi-Karsi Route to Drive Cargo Turnover Growth in Georgia

September 17, 2018

Baku-Tbilisi-Karsi Route to Drive Cargo Turnover Growth in Georgia

As part of ARGUS Caspian and Black Sea Transport Corridor 2018 Forum the agency analyst talks about …

Rehabilitation of Leo Pilpani’s Folklore Theater is Underway in Mestia

September 17, 2018

Rehabilitation of Leo Pilpani’s Folklore Theater is Underway in Mestia

The rehabilitation of Leo Pilpani’s Folklore Theater is underway in the town of Mestia. The p…

Cirkopolis- Breathtaking Blend of Circus Arts, Theater and Dance takes Place at Griboedov Theater

September 17, 2018

Cirkopolis- Breathtaking Blend of Circus Arts, Theater and Dance takes Place at Griboedov Theater

Cirkopolis will perform at Alexander Griboedov State Russian Drama Theatre within the framework of T…

We will have Reformed and New System of Assessment by 2020

September 17, 2018

We will have Reformed and New System of Assessment by 2020

Minister of Education, Science, Culture and Sport Mikheil Batiashvili announced plans for revising t…

Natia Turnava Appointed As Deputy Minister of Economy

September 17, 2018

Natia Turnava Appointed As Deputy Minister of Economy

Natia Turnava has been appointed as deputy Minister of Economy and Sustainable Development of Georgi…

Negotiations Underway with the USA not to Impose 20% Tariff on Georgian Steel

September 17, 2018

Negotiations Underway with the USA not to Impose 20% Tariff on Georgian Steel

In Business Course Tv program Georgian Business Ombudsman Irakli Lekvinadze has talked about the tar…

Georgian Startup COCOnut Helps you to Create Romantic Atmosphere

September 17, 2018

Georgian Startup COCOnut Helps you to Create Romantic Atmosphere

As it seems, inspiration can be anywhere, whether when you walk to a grocery store it can be the beg…

Banking

TBC Appointed New Directors

Maria Luiza Kikonian and Tsira Kemularia were appointed as independent non-executive directors of TBC. In addition, both of them became member of the Bank’s Supervisory …
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Competition on Banking Market Shrinks Year to Year
ADB Named TBC as the Leading Partner Bank in Georgia in Trade Finance
ADB Named TBC as the Leading Partner Bank in Georgia in Trading Financing
How Loan Interest Rates Change

Healthcare

Price of Medical Examintions for Involvement in Hepatitis C Elimination Program Declines

The price of medical examinations for involvement in Hepatitis C elimination program will decline further. Starting now the government will finance the genotype analysis program. As a result, total price of the examination will decline by 140 GEL and the patient’s maximum expenditures will not exceed 160 GEL. Moreover, the …

The Georgian Health Care Group (GHG) completed half of 2018 with a profit of 28.4 million GEL (11.6 million USD). According to the company’s financial report, annual growth is 17.1%. Revenues grew by 14.7% in the first half of 2018 and exceeded 419 million USD ; EBITDA – 62.6 million …

Starting August 13 the program for provision of medications for chronic illness has been expanded, the Health Ministry officials told BM.GE. Objective of the program expansion is to reduce the price of medications for chronic illness twice and more for pensioners and PWDs. “The program for provision of medications was …

Real Estate

Velvet September at Best Western Premier Batumi

After the sizzling Summer, the golden autumn has fallen, and for those who still have not received their necessary vitamin D, velvet September is ahead. Resting on seaside resorts in September is more comfortable and pleasant, because the resort is relatively empty, the beaches are relieved, the tourists return to …
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Adjara Group to Open Rooms Hotel at Kokhta-Mitarbi
5-Meter Distance Between Multi-Storey Buildings May Be Mandatory
International Business Conference Smart Building – In Pursuit of Engineering and Technological Excellence to take place in Tbilisi
No Company Shows Interest in Khrushchovkas Replacement Project

StartUp

Innovate in AgroTourism- Students Finding Solutions

Impact Hub Tbilisi, in collaboration with the Embassy of the Netherlands in Georgia is organizing a 12-hour challenge, which will take place in Fabrika on 28th of September. The intensive idea marathon, involving students with different backgrounds, aims to support start-ups active in the field of agro tourism and find innovative solutions …
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Georgian Startup COCOnut Helps you to Create Romantic Atmosphere
Darbaiseli- Refreshed Georgian Tradition of Wearing Headdress
ART UP Gallery – Streets as a New Platform for Artists
Free University Students Initiated Startup Challenge

World

Apple’s Latest Iphones Are Packed with AI Smarts

The three new iPhones unveiled next to Apple’s glassy circular headquarters Wednesday look much like last year’s iPhone X. Inside, the devices’ computational guts got an invisible but more significant upgrade. Apple’s phones come with new chip technology with a focus on helping the devices understand the world around them using artificial intelligence algorithms. The …
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China’s Richest Man Jack Ma Resigns from Alibaba
Amazon hits Market Value of $1,000,000,000,000
Acer Presents New Products in Berlin
Nestlé closes $7.15B deal to sell Starbucks products