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Daily Archives: May 12, 2017

Bitcoin Crosses $1,800 For the First Time

Golden Bitcoins (digital virtual money)

Bitcoin surpassed $1,800 on Thursday to a fresh record high, rising more than $100 in just two days, driven by comments from policy makers and positive noises around the future of the cryptocurrency. The price of the digital currency was trading at around $1,824 by early morning in London, according …

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Georgia Should Create Financing Opportunities Other Than Banks – WB

hans timmer

Georgia should create financing opportunities other than banks, according to the World Bank’s (WB) ‘Trade in Transition’ Europe and Central Asia (ECA) Economic Update made public by Hans Timmer, WB’s chief economist for Europe and Central Asia, during a video conference in Tbilisi, Georgia May 11. “I am not sure …

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Kazakhstan Keen to Increase oil Transportation Through Azerbaijan

Kazakhstan Keen to Increase oil Transportation Through Azerbaijan

Kazakh national oil transportation company KazTransOil is conducting work to increase oil transportation through Azerbaijan via railway for further loading of the Batumi oil terminal on the Black Sea coast of Georgia, Kazakhstan’s Energy Ministry told Trend. The Batumi oil terminal is fully owned by KazTransOil. According to the ministry, …

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Nika Gilauri’s Book Nominated For Business Book of the Year Award


“Palgrave Macmillan” is one of the largest and the most famous academic publisher and it is already a great honour to be nominated at this award ceremony for a Georgian authour. It is the recognition of contribution of Georgia to the research of modern world economy challenges.  As for the award, …

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Zurab Pololikashvili Elected as the New Secretary-General of UNWTO

zurab pololikashvili

Georgian Candidate, Ambassador of Georgia to Spain Zurab Pololikashvili has been elected as the new Secretary General of World Tourism Organization UNWTO. UNWTO Ex Council recommended Zurab Pololikashvili from Georgia as a nominee SG for the four-year-period starting January 2018. #UNWTO Ex Council recommends Zurab Pololikashvili from Georgia as a nominee …

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Shilda Winery – Amazing Wine Tasting Complex in Kakheti


The wine tasting complex by Shilda Winery is underway in Georgia’s wine region Kakheti. Architect company X-architecture works on the project. Area of the complex is 2000 m2, The spacing of the vineyard is translated into the structural grid of the building and articulated through a series of curved beams. …

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Loladze Family Winery Success Story


Loladze Family Winery was established in 2012 by 16-year-old Erekle Loladze in Tbilisi. He produced 100 bottles of different kinds of wine in the beginning and participated in Tbilisi Wine Festival in 2013. Few shops offered to sell the wine and nowadays, there is a far wider network of shops as …

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Kawalsky Accessories – Georgian Startup of Handmade Thick Felt


Kawalsky Accessories is a new Georgian startup of handmade bags and accessories. Idea of creating the brand belongs to the art critic Keti Kharatishvili. “Idea of founding my own startup came up accidentally, I made a bag for myself and then decided to turn my enthusiasm into a business. My main …

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