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Daily Archives: April 21, 2016

Prince, Singer and Superstar, Dies at 57


Pop superstar Prince, who was widely acclaimed as one of the most inventive musicians of his era with hits including “Little Red Corvette,” ”Let’s Go Crazy” and “When Doves Cry,” was found dead at his home on Thursday in suburban Minneapolis, according to his publicist. His publicist, Yvette Noel-Schure, told …

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Georgian Railways Becomes General Sponsor of Basketball National Team

Georgian Railways

Georgian Railways became General sponsor of Georgia  national basketball team, An agreement has been signed between General director of Georgia Railway Mamuka Bakhtadze and President of the federation Mikheil Gabrichidze. Financial support will be provided for the Basketball Super League, national and age teams. Apart from this support will extend to financing three …

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FINCA Bank Became the First SMART Certified Financial Institution in Georgia

Vusal Verdiyev

  FINCA Bank Georgia announced it has received Client protection Certification by the SMART Campaign, a global initiative that certifies the adoption of the high ethical standards in the treatment of clients in the microfinance industry. FINCA Bank Georgia became the first SMART certified financial institution in the country. “We …

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Georgian School Students Created Demining Equipment “Life Saver”

Georgian School Students Created Demining Equipment "Life Saver"

The Georgian school students have created demining equipment titled “Life Saver”. At this stage the invention needs to find financial supporters. One of the creator of the equipment Karlo Khutsishvili is also the author of another invention. Due to this latter mentioned invention he was invited to the US space center …

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Georgian Ex-Finance Minister to Head EBRD Office in Moldova

Dimitri GvindadzeDimitri Gvindadze

Dimitri Gvindadze has been appointed Head of EBRD operations in Moldova and will take up his role in Chisinau on 2 May 2016. He will replace Julia Otto who has been heading the Bank’s office there since 2011. In his new position, Mr Gvindadze will lead the EBRD’s work in Moldova, focusing …

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Arab Company Green Valley Launches Two Major Projects in Georgia

Green valley

One of the largest Saudi companies in the field of real estate Green Valley International Real Estate Group is waiting for Tbilisi government resolution on the implementation of a major project Green Valley City in the resort suburb of Tabakhmela. The project includes a number of villas and apartments. In …

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Skyland Petroleum to Supply Oil and Gas From Georgia to China

The screenshot shows the homepage of Skyland Petroleum's website. [Photo: CRIENGLISH.com]

Skyland Petroleum Limited announced Wednesday in Shanghai that beginning 2016, it would supply oil and gas to China from Russia, Tajikistan and Georgia, Xinhua reported. David Robson, Skyland Petroleum’s chairman, said the company is planning to acquire partial stakes in several large oil and gas fields in East Siberia in …

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Over One-Third of TANAP Built – Consortium Head


Over one-third of the Trans-Anatolian gas pipeline (TANAP) has been built in Turkey, Saltuk Duzyol, head of TANAP consortium, was quoted April 21 by the Turkish The Lira newspaper as saying. He said that the welding work has been completed on a TANAP’s 440-kilometer-section. Duzyol said that the relevant contracts …

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Kobi Might Become Part of Mountain Resort Area

Kobi Might Become Part of Mountain Resort Area

Canadian company “Ecosign” represented development project of Gudauri. The plan envisages concept of four-season resort. According to it, winter and summer facilities will be projected in line of the seasons and optimal location should be determined. As of the plan, the ski tracks will be tripled in the length and bed …

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