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Daily Archives: March 9, 2016

TBC Bank Shares Rise in Price at LSE

tbc bank

The price of TBC Bank shares (TBCB LI) have risen at the London Stock Exchange (LSE). In the last week the price ranged from 9 USD to 9.51 USD (L/w – US$ 8.75 – 10.35). The session week was closed by 9.5 USD (+1.71% m/m).  Over the reporting week, deals …

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Special Group to Manage Baku Oil Refinery Reconstruction

Special Group to Manage Baku Oil Refinery Reconstruction

Azerbaijan’s state energy company SOCAR and the KBR company will create an ad hoc group of experts for the management of the reconstruction work of the Baku Oil Refinery named after Heydar Aliyev. SOCAR announced that creation of an expert group is stipulated in the agreement signed by Refinery Director …

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Description of Georgia By Marco Polo in the late 14th Century

Description of Georgia By Marco Polo in the late 14th Century

The web page travelingeorgia.ge publishes the epigraph, taken from the book “The travels of Marco Polo“.  Near the Georgian border there is a spring from which gushes a stream of oil in such abundance that a hundred ships may load there at once. This for burning oil is not good to eat …

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London’s Best Georgian Restaurants Revealed

Tbilisi, London

Georgian food is now becoming more available in London, and although it lacks some of the endearing rusticity of that produced and served in Georgia, it’s still fantastic: at once curiously familiar and completely new. A famous publishing Londonist wrote an article listing four best Georgian restaurants in London that …

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Londonist: What To Order At London’s Best Georgian Restaurants

khinkali_

UK based media outlet, Londonist that publishes news, reviews and events; the history and future of London writes a guide of what order at the city’s best Georgian restaurants. Georgia has some of the finest food in the world and yet the cuisine is not well known outside the Caucasus region. …

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Handmade Pillows: Paintings Becoming Alive

TamtaPillows

The interview with Tamta Matitaishvili, creator of fun and colorful handmade pillows. One year ago my friend needed a gift for a colleague when he asked me to make a pillow representing Pepi. I had never made any type of pillows before, but I anyway agreed the proposal and the …

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Air Arabia to Perform Flights from Batumi

Air Arabia

After Tbilisi, Air Arabia airline plans to perform flights from Batumi International Airport too. Air Arabia will perform flights to Sharjah from Batumi, GASA, the airline’s general commercial agent in Georgia, noted. According to preliminary information, Air Arabia will perform Batumi-Sharjah flights three times a week, starting July 2. Sharjah …

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Commercial Banks’ Profits Constantly Grow

banking

In January 2016 commercial banks earned 20.180 million USD net profits. In practice, the GEL depreciation has not clutched commercial banks, as well as microfinance organizations. The sector succeeds irreversibly. In the light of the January indicators, the bank sector tendencies have spotlighted the narrowing creditworthiness of the Georgian national …

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