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Daily Archives: October 19, 2016

IMF: Any Further Oil Price Recovery Expected to be Limited

IMF: Any Further Oil Price Recovery Expected to be Limited

The slump in oil prices and ongoing conflicts continue to weigh on MENAP’s (Middle East, North Africa, Afghanistan and Pakistan) economic outlook, the International Monetary Fund (IMF) said in its Regional Economic Outlook. Uncertainties arising from conflicts in Iraq, Libya, Syria, and Yemen are weakening confidence and lower oil prices …

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Things All Business Companies Need: Georgian Women Created New Marketing Startup

Photo/ Gingers

Properly planned marketing is a necessary precondition for any company development. This direction is necessary in small, medium and major business sectors. Major companies, as a rule, develop marketing direction themselves, they plan new strategies and improve old experience. Comparatively smaller organizations frequently apply to marketing companies for assistance. Lately, a …

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18 million USD Russian Project in Batumi has been Cancelled

18 million USD Russian Project in Batumi has been cancelled.  Multi-functional building construction on the miracles square was planned by Russian company “ Rusach”. According to the head of Ministry of Finances and Economy Law Department, Gela Tsintsadze, the company did not manage to make arrangements with local population and …

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Georgia Sets Preferential Tariff on Kazakh Cargo Transit

Georgia Sets Preferential Tariff on Kazakh Cargo Transit

Georgia, Kazakhstan and Azerbaijan have reached agreement on preferential tariffs for Kazakh cargo transit in the TransCaspian corridor. The agreement was reached at the meeting of TransCaspian International Transport Route Coordination Committee in Astana. A part of Kazakh export cargo, including cereals, oil products and nonferrous metals will enjoy preferential tariffs …

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Georgians Spent 87 Million GEL by Cards Abroad

Clients of Georgian banks spent 87 million GEL by credit cards in August abroad  (08/16- 84,5 million, +3% m.m). According to National Bank statistics, transaction by credit cards in September 2016 is similar to the same data in the previous year (09/16 – 87,009 million). Withdrawal of the money amounts …

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Watch Katie Melua’s new recording of The Little Swallow

katie-melua

On her latest recording, the singer is joined by the Gori Women’s Choir for this heart-stoppingly beautiful Ukrainian carol – and you can watch the performance. Katie’s new album, ‘In Winter’ is something quite different for the singer, who is best known for songs like ‘The Closest Thing to Crazy’ and …

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