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Daily Archives: May 18, 2015

Georgia launches summer tourist campaign

TBILISI, Georgia – “What are you looking for this summer? Delicate Europe? Breathtaking seashores? Modern infrastructure? Untamed nightlife? Wild nature? Divine relaxation? Exotic culture? Or maybe you want it all? Then spend summer in Georgia.” Georgia’s National Tourism Administration will allocate 8 million GEL this year to promote the country’s …

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Adjara and Guria Next Destinations of PM’s Regional Tour

Adjara and Guria Next Destinations of PM’s Regional Tour

Adjara has significant potential, distinguished resources and the Government will support to the best of its ability all interesting projects implemented in this region – with these words Georgia’s Prime Minister Irakli Garibashvili addressed the local business community at today’s opening of the new five-star Hilton Batumi Hotel. The Georgian …

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Fifth year Apple named most valuable brand, at $145bn

he Apple brand is now worth over $145 billion, topping Forbes’ list of the World’s Most Valuable Brands for 2015. The value is up 17 percent since last year, and worth twice any other brand. This is the fifth year the company has headed the list. The brand value has …

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Saudi Arabia seems willing to tolerate low oil prices

Saudi Arabia seems willing to tolerate low oil prices now in the hope that they are higher in the long-run, Jason Tuvey, Middle East economist at British economic research and consulting company Capital Economics said in a report obtained by Trend. He believes that Saudi Arabia’s strong balance sheet means …

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Hilton Hotel opens in Batumi, Georgia

Hilton Hotel opens in Batumi, Georgia

Batumi, a vibrant city in Georgia’s Black Sea coast, is welcoming the summer tourist season with a $130 million USD five-star hotel. The Hilton Batumi hotel opened its doors today. Located in central Batumi, the hotel has two buildings where one is hotel and the second is an apartment building. …

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PM Garibashvili Will Attend Riga Summit

PM Garibashvili Will Attend Riga Summit

The Georgian delegation attending this week’s Eastern Partnership (EaP) Summit in Riga, Latvia will be led by Prime Minister Irakli Garibashvili.  Ministry of Foreign Affairs spokesperson David Kereselidze talked about the Georgian side’s expectations and hope for the Riga Summit in a press briefing earlier today. “When you work well and …

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Austria’s President visits Georgia

Austria’s President visits Georgia

President of Austria Heinz Fischer is coming to Tbilisi today. An official welcoming ceremony for the Austrian President and First Lady will take place at Giorgi Margvelashvili’s presidential residence in Avlabari, Tbilisi. Following this the two presidents will hold face-to-face and broader meetings, and then they will speak to media at …

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Young Barristers against Internet Market Monopolists

Companies Unilaterally Violate Contract Agreements with Subscribers The association of Young Barristers urges the National Agency of Competition to explore multiple facts of misuse of monopolistic positions on the internet market. The association lawyer Nino Isakadze says the Competition Agency should explore the honesty of the internet market players over …

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