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Monthly Archives: October 2016

World Gold Prices Fell to its Minimum But not in Georgia

Gold price has  fallen  to its minimum since November 2015.The price of gold on the New York Stock Exchange fell by 6% and amounted to $ 1 252, 4 per ounce, a similar trend is observed with silver prices, which also fell by 9, 6%.  The experts of the Investment …

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Georgia, Kyrgyzstan Agree On co-op in Economy, Security

Georgia, Kyrgyzstan Agree On co-op in Economy, Security

Government members of Georgia and Kyrgyzstan have signed agreements on intensifying the relations in economy, security and education, RIA Novosti quoted Georgia’s President Giorgi Margvelashvili as saying Oct.13. The agreement was inked in Tbilisi, as Kyrgyzstan’s President Almazbek Atambayev and his spouse have arrived in Georgia for a two-day visit. …

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Georgian Blueberry Sales to Double in UAE

Blueberry

Vanrik Agro Group blueberry production company expects the sales in United Arab Emirates (UAE) to double in 2017, the Business Contract news agency reports. Interest in Georgian blueberry in UAE surged in 2016, but the company reserves have run out and blueberry exports to UAE was suspended, the company manager …

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Money Transfers In September Amounted to $100,2 million

According to National Bank of Georgia in September 2016, the volume of money transfers from abroad constituted 100.2 million USD (231.5 million GEL), which is 13.1 percent (11.6 million USD) more than the amount in September 2015. 90.5 percent of the total money transfers from abroad came from 11 largest …

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Spy Recipe- Georgian “Spy” in your Kitchen

Spy Recipe is a family business, which creates ecologically clean, special spices for particular dishes. The package is in English, Russian and Jewish, which makes it easier to prepare Georgian dishes. The founder of business, Mako Kavtaradze will talk about how she started the business with her family and how …

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Challenges of Introducing Renewable Energy Sources in Georgia

The importance and use of renewable energy sources (RES) has been raising in recent years on a global scale. Therefore, the significance of this issue is increasing for Georgia as well. However, Georgia has already been an observer of Energy Community (EnC) since 2007 and applied for full membership in …

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Practical Guide to Wine Tourism in the Georgia: UNWTO Lessons

Practical Guide to Wine Tourism in the Republic of Georgia: UNWTO Lessons

Sue and I  recently returned from the United Nations World Tourism Organization’s (UNWTO) first Global Conference on Wine Tourism in Tbilisi, Georgia and we are still processing the experience. One interesting feature of the conference is that the sessions weren’t confined to the usual convention center or hotel ballroom locations. …

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Azerbaijan Built 200 km of Railways Since 2016

Azerbaijan Built 200 km of Railways Since 2016

Azerbaijan Railways CJSC has built nearly 200 kilometers of railways since early 2016, Javid Gurbanov, head of Azerbaijan Railways CJSC, told reporters in Baku Oct. 13. He said that the construction and renovation of Azerbaijan’s railways continues. “On Oct. 12, we commissioned the updated production base for the construction of …

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South Caucasus’ First Electrobuses to Move in Batumi

South Caucasus' First Electrobuses to Move in Batumi

Batumi City Hall plans to announce international tender for conveying electrobuses. Currently, technical documentation is being prepared. Ministry of Finance has already issued consent on purchase of electrobuses and international tender will be announced after preparing due documents, Paata Dumbadze, head of Batumi Autotransport, told the Commersant radio station. Paata …

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