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Daily Archives: November 26, 2014

Airzena may Stop Flights to Moscow in a Few Days


Frequency of flights between Tbilisi and Moscow has remained  at 14 per week for each side. “Commersant” was told by  the head of the Civil Aviation Agency Guram  Jalaghonia. He says  two Russian companies Siberia and  Aeroflotwill have the right to perform  flights from Moscow to Tbilisi. The Russian delegation …

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Bill on the Sale of Farmland to Foreigners to be Considered in the Near Future


The draft law, which determines the rules of the sale of agricultural land to foreign citizens,  will be submitted to the Parliament in the near future. Currently, the project is still under development, and representatives of the Government are consulting with various stakeholders. Business ombudsman of Georgia Giorgi Gakharia has comment …

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Do Bankers Lie or Not? – Georgian Businessmen’s Views


Georgian businessmen respond to the article published in the Financial Times. Swiss researchers have come up with what they say is compelling scientific evidence that bankers have a tendency to lie if they’ll gain from it financially. The team at the University of Zurich used game playing experiments to show …

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Georgian Railway Goes on Strike


About 60-70% of employees of the  Georgian Railway  are on strike. The negotiations between new professional union of Georgia’s Railway and the Railway Administration have been underway for some time; however, these negotiations have not yielded any tangible result yet. “We stand with the specific requirements – in particular, the …

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TBC Stock Prices on the London Market Increase

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Prices of the TBC Bank stocks on the London market have increased by 0,68%. The maximum cost constituted 15 dollars per stock during the 17-21 November period.   The past session week marked 14,7 dollars.   TBC stocks are sold on the London finacial market since June 2014.

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Turkey receives 33.5 mln visitors in 10 months


The number of foreign visitors to Turkey in the first 10 months of the year totaled 33.53 million, up 5.57 percent compared to the same period last year, government data showed on Tuesday. Foreign visitors to Turkey rose 1.09 percent year-on-year in October, to 3.44 million people, Tourism Ministry data …

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Gasoline prices at SOCAR Gas stations in Georgia drop to minimum


The prices for gasoline at all gas stations of the State Oil Company of Azerbaijan (SOCAR) in Georgia have been reduced again by 2-3 tetri ($1=1.82 GEL), as the oil prices have dropped on the world market. (Tetri is a monetary unit of Georgia, equal to one-hundredth of a lari.) The …

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