Jackson raked an estimated $140 million in the past year for his estate, Forbes said on Wednesday. It is Jackson’s second straight year atop the list. He regained the title in 2013, a year after being pushed into second place by actress Elizabeth Taylor. According to Forbes, “Only few celebrities …

Georgian wine exports to the Russian Federation may decline. Higher taxes will create problems to distributors  and producers. It is not known when exactly the new rate will come into force, but the working process was intensified in this direction. Russia plans to double excise tax on wines. Ministry of …

Open work space for small companies, freelancers and people with interesting ideas – Impact Hub Tbilisi offers training, workshops and various events to interesting bodies, besides Private Office. Impact Hub Tbilisi is located on territory of Fabrika, a hostel of different concept. A week ago Tbilisi joined Impact Hub, the …

Net profits of Cartu Bank in January-September 2016 made up 33.037 million GEL (+22.3% month on month). As of October 1, Cartu Bank’s ratio in profitable banks is 6.5% (3.8% as of September 1, 2016). Cartu Bank ranks 4th among top five commercial banks. Cartu Bank’s total retail and corporate deposits …

Caucasus Business Week offers you an interview with Ketevan Adeishvili, Head of Sales and Marketing Department of Unix Development Company, who speaks about her first job as a newspaper distributor, about her achievements in public relation sector and names three features a successful PR manager need to have.  What is …

RAKIA, one of the major Arab investor companies in Georgia, has returned an 85% stake in Poti free industrial zone (FIZ) to the Government, Ministry of Economy reports. The Arab company maintains a 15% stake in Poti FIZ. LLC RAS Al Khaimah Investment Authority Georgia is a subsidiary of RAS …

On 22nd of October, there will be Wine Festival in Signagi which will be organized by local government. It’s been 9 years since the festival is organized in the town and it is well-established tradition already. In the frame of Signagi festival, organizers are going to host people from different …

PSP Group plans to double turnover in Armenia in 2017 and take  control over 2% of the Armenian market. Currently, Armenia’s medications turnover makes up 100 million USD and PSP’s ratio accounts for 1 million USD, the company founder Kakha Okriashvili told the Business Contract news portal. Long-term procedures should …