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Daily Archives: October 29, 2015

Gvaramia is Provoking His Detention

Rustavi 2 TV company director general Nika Gvaramia has spread misinformation as if the Interior Ministry had mobilized special detachments attack the Rustavi 2 TV company building. Gvaramia has spread this misinformation to mislead the public opinion and escalate tensions, the Georgian  Interior Ministry’s special statement reads. “We stress again …

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China Signs $17 Billion Deal to Buy 130 Airbus Planes

China Signs $17 Billion Deal to Buy 130 Airbus Planes

China signed a deal to buy 130 planes from Airbus Group SE worth $17 billion, intensifying its competition with Boeing Co. in what’s projected to become the world’s biggest aircraft market. The agreement for 30 twin-aisle A330 and 100 single-aisle A320 planes was signed Thursday during a Beijing meeting between Chinese Premier Li …

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German Government Plans to Strengthen German Business in Georgia

German Government Plans to Strengthen German Business in Georgia

A special attention was paid to the relations, including economic, between the two countries – German Foreign Minister Frank-Walter Steinmeier said after a meeting with his Georgian counterpart. In his words,  the German and Georgian governments are interested in developing German business in Georgia. “We discussed the ways of  development …

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Prime Minister of Georgia Chairs First Meeting of Investors Council

The newly established Georgian Investors Council has held its first meeting, chaired by Prime Minister Irakli Garibashvili, in Tbilisi. Government officials, representatives of local business associations and International Financial Institutions (IFIs) discussed key challenges affecting the business climate in Georgia and how to further support the development of the private …

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France Becomes the 25th State to Ratify Georgia’s EU Association Agreement

The French Senate has ratified the EU-Georgia Association Agreement in the first reading through simplified procedures, without amendments, a press release from the Embassy of Georgia to France reads. According to the Embassy, prior to the first reading the draft agreement was approved by the National Assembly. The Association Agreement …

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Google’s Project Loon internet balloons to circle Earth

Google Baloon

Google believes it is on course to have enough internet-beaming balloons in the stratosphere to form a ring over part of the world next year. It told the BBC the move would let it trial a continuous data service to people living below the balloons’ path. The declaration coincides with …

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Twin Towers of Tbilisi to ‘Set New Standard’ in Caucasus

Axis Towers Vake

The Georgian Co-Investment Fund (GCF), a $6bn private equity fund based in Georgia, and Georgian construction company Axis have announced plans to build the tallest twin skyscrapers in Tbilisi – a project stalled by the 2008 war with Russia. Owned 50-50 by the two entities, Axis Towers will be 147m …

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Iran to Appoint First Female Ambassador

Iran will appoint its first female ambassador abroad since the Islamic Revolution in 1979, the semi-official Fars and Mehr news agencies said late on Monday, citing unspecified reports, Marzieh Afkham, the incumbent spokeswoman for the foreign ministry, will leave Tehran next month to serve as ambassador to Malaysia, Xinhua news …

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