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Daily Archives: February 16, 2016

New Chapter Opened in Iran-Georgia’s Relation

Iran

Iranian and Georgian officials in a meeting on Monday highlighted the two countries’ willingness for promotion of mutual cooperation, particularly in such fields as power, energy, transit, and tourism. Georgia’s Energy Minister Kakha Kaladze and Iranian Deputy Foreign Minister Morteza Sarmadi during the meeting here in Tehran explored avenues for …

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Prime Minister: No Sequestration on Accounts

Prime Minister: No Sequestration on Accounts During the Period of Audit

Georgian Prime Minister, Giorgi Kvirikashvili met Business Association members at the “Radisson” hotel. The meeting was closed for media and all leading businessmen were attending it. The main objective of the meeting was to discuss substantial projects concerning the development of the country the government has planned for the business development. “In such economic environment we currently live, …

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Foreign citizens can obtain asylum in Georgia

tbilisi_s-old-town

Georgia will provide the foreign citizens, who are on its territory due to the conflicts in their countries, with temporary asylum, Georgia-Online reported. “This status will be granted for this category of foreign citizens in Georgia for one year,” Georgian Minister for Internally Displaced Persons from the Occupied Territories, Accommodation …

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PMCG Scholarships Enabling Students to Attain High Quality Education

PMCG Scholarships Enabling Students to Attain High Quality Education

On February 10, Policy and Management Consulting Group (PMCG) awarded students with PMCG’s scholarships to continue studying at the International School of Economics at Tbilisi State University (ISET). “The progress of Georgia, and indeed the whole world, depends on these types of highly motivated and educated young people. We are …

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Union of Oil Product Importers: Crude Oil Prices Keep Decreasing

oil

According to the January 15 report, the price of Brent crude oil at the London Stock Exchange (LSE) (ICE Futures Europe) marked 33.99 USD per barrel, while the price of Light Sweet oil at the New York Mercantile Exchange (NYMEX) constituted 29.76 USD per barrel. The current low prices are …

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Iran’s Gas Supply to Europe via Georgia Difficult, Expert Says

Iran’s Gas Supply to Europe via Georgia Difficult, Expert Says

Energy-rich Iran’s intention to export its gas to Europe and Georgia’s desire to be a transit country for delivering ‘blue fuel’ to European consumers has become the hot topic of recent days. Iranian Ambassador to Georgia Abbas Talebi-far has told Georgian media that Iran is ready to supply gas to …

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Crude Price on World Markets

Crude Price on World Markets

The price of oil continuous to rose in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil increased $1.32 to stand at $30.74. Price of the Brent crude oil at the London ICE (InterContinental Exchange Futures) rose $1.30 …

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Shadow of Old Tbilisi in Pictures

Old Tbilisi

The term “Old Tbilisi” has long been used to denote a historical part of the city, it was only in 2007 that it became a distinct administrative entity to incorporate several historical neighborhoods formerly included in the districts of Mtatsminda-Krtsanisi, Isani-Samgori, and Didube-Chughureti. Old Tbilisi is principally centered on what is …

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Azerbaijan, Turkey to Jointly Manufacture Micro and Nano-Satellites

Azerbaijan, Turkey to Jointly Manufacture Micro and Nano-Satellites

Azerbaijan and Turkey are considering the possibility of mutual scientific and technical support in the production of micro- and nano-satellites, Azercosmos told Trend. Azerbaijan’s unique satellite operator Azercosmos is in talks with the Turkish Space Technologies Research Institute (TÜBITAK UZAY) on this issue, the source reported. Azercosmos, Science Development Fund under …

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Major Oil Producers Agree to Freeze Oil Output Level

Major Oil Producers Agree to Freeze Oil Output Level

Energy ministers of Russia and a number of OPEC countries have agreed to freeze the production of oil after the negotiations in Qatar’s capital Doha, Qatar’s Energy Minister Mohammad bin Saleh al-Sada said, RIA Novosti reported on February 16. Oil output will be stabilized at the level of January11, Saudi …

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Henkel in Gardabani

Henkel

The German company “Henkel” plans to open its enterprise in Georgia during the year of 2016. As the representative of the company explains, the construction of the enterprise has started since November 2015. The opening ceremony is planned in this year, however, the date is not specified yet. The company …

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