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Daily Archives: May 23, 2017

Mamuka Khazaradze: Financial Sector Deserves a Higher Assessment

Mamuka Khazaradze: Financial Sector Deserves a Higher Assessment

Mamuka Khazaradze, founder of TBC Bank, does not share the views, expressed at America-Georgia Business Council’s 20th Annual Conference, on the lack of financial resources. He believes that Georgian financial sector deserves a higher estimation. In his conversation with the TV-program “Sakmis Kursi”, he has focused on the higher financial accessibility …

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First Phase of Anaklia Sea Port Starts from November

First Phase of Anaklia Sea Port Starts from November

Construction of the Phase 1 of Anaklia Deep Sea Port will start on November 15. According to the report, the deadline for receiving comments has been extended until 15 July 2017. The Phase 1 container terminal is due to be operational from the completion of its construction in 2020 to …

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Innovative Startup Kvlevebi.ge- New Platform to Conduct Research

Recently, the first online research platform kvlevebi.ge has been created. For ones who need to conduct research, it is a cheap and simple mechanism to use, whereas for research respondents, it is a real possibility to earn money. Respondents earn certain amount of money participating in the research questionnaire. They can participate …

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TAP to Ensure More Sustainable Energy Future for Europe

TAP to Ensure More Sustainable Energy Future for Europe

The Trans Adriatic Pipeline (TAP) project, which envisages delivery of Azerbaijani gas to Europe, will ensure a more sustainable energy future for this continent, said the country manager of TAP AG consortium for Greece Rikard Scoufias. He pointed out South-Eastern Europe is a region that could benefit most from the …

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Francois Painchaud: Market Determines Banking Sector’s Size

The Georgian banking market concentration is moderate and optimal, Francois Painchaud, resident representative of International Monetary Fund (IMF) in Georgia, noted. At his meeting with government officials and financiers, he noted that the number of commercial banks reflect the market necessities. The very market will regulate both enlargement and growth …

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Baku-Tbilisi-Kars Railway to be Operational by End of June

The Baku-Tbilisi-Kars Railway, an important ring in the middle corridor of the modern Silk Road, will be operational by the end of June, increasing the connectivity among the regional countries, dailysabah reports. Transport, Maritime Affairs and Communications Minister Ahmet Arslan announced that the Baku-Tbilisi-Kars Railway (BTK) Project will be completed …

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