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Daily Archives: March 10, 2016

Top 10 Companies Who Invest the Most in Georgia

Top 10 Companies Who Invest the Most in Georgia

Here are presented top 10 companies, that invest the most in Georgia, businesscontact revealed. According to preliminary data, the Foreign direct investments in Georgia in 2015 amounted to 1351 million US dollars, which is 6 percent more than it was in 2014 and 23 percent less than the accurate data of the same …

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Liberty Bank Introduces Spring Campaign on Pawn Loans

Liberty Bank Assets Grow by 5.3%

Liberty Bank has announced the inauguration of a spring campaign. Namely, the bank enables clients to take a pawn loan under preferential conditions. The grace period will run up to April 1. The borrower is exempted from the commission fee in the first month. The loan approval commission fee also …

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Georgia and Azerbaijan Agree on Cargo Transportation Single Tariff

Cargo

Azerbaijan intends to set single tariff for cargo transportation with the countries through which the Trans-Caspian transport corridor runs, Azerbaijan’s Deputy Economy Minister Sahil Babayev told reporters March 9. He noted that the country has already reached a preliminary agreement with Georgia on the issue.The single tariff negotiations are also …

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EU Submits Bill on Introduction of Visa-Free Regime Only with Georgia

Visa-Liberalisation Georgia

The European Commission Submits Bill on Introduction of Visa-Free Regime with Georgia. The European Commission has officially submitted a bill on making amendments to regulation 539/2001 to the European Parliament and the Council of European Union. The European Commission came up with a legislative initiative concerning introduction of visa-free regime. …

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Ukrainian Airline to Resume Flights to Batumi in May

Dniproavia

Dniproavia airline will resume flights from Ukraine to Batumi, the Ajara Region, in summer period. The airline will resume flights from Dnepropetrovsk and Odesssa to the Ajara Region, the Ajara Tourism Department reports. Dnepropetrovsk-Batumi regular flights will be fulfilled once a week starting May 1, while two weekly frequencies will …

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Commercial Banks Buy 25 million GEL Securities at T-bill Auction

NBG

Securities worth 25 million GEL with a two-year maturity period were sold at the Finance Ministry T-bill auction, National Bank of Georgia reveals. Five commercial banks have taken part in the auction. Their initial demand marked 55 050 000 GEL. The bottom interest rate amounted to 6.670%, while the top …

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