Daily Archives: September 18, 2017

Georgia’s Economic Growth Totaled 4.9% in 1H17

In the first half of 2017 Georgia’s economic growth marked 4.9% (real GDP). Highest upturn was recorded in development sector (+18.8%) and hotels and restaurants sector (+10.9%). Communications sector ranks third with 8.2%. The lowest growth was registered in electricity, gas and water supply-distribution sector (+0.2%). Agriculture emerged an  only …

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Export of Georgian Bay has Begun in Kuwait, Korea and Hong Kong

Export of Georgian Bay has Begun in Kuwait, Korea and Hong Kong

Company “Georgian Bay” has begun export of its products to Kuwait, Korea and Hong Kong with the support of export promotion agency in Georgia “Produce in Georgia”. The company took part in leading exhibitions GulFOOD 2017 and HOFEX 2017 with the support of the state.  “Georgian Bay” managed to find …

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Acquisition of Lands for Construction of Batumi By-pass Road Ends

Acquisition of Lands for Construction of Batumi By-pass Road Ends

Acquisition of lands for construction of 14.3 km Batumi bypass road is finished. Giorgi Kakauridze, deputy finance minister declared about acquisition and loan agreement with donors at the parliament. The Asian Development Bank has allocated a loan of $ 114 million with maturity of 24 years (108.2 million) and grace …

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Most Popular Travel Destinations in Ajara

Number of visitors has increased in Ajara. In January-August 2017, the administrative border of the region was crossed by 1 021 996 foreign visitors, including more than 0.5 million tourists arrived in summer season, up 25% year on year. According to Ajara Tourism and Resorts Department, number of visitors to …

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Edward Curtis & North American Indian: Showcased in Georgia

The United States Embassy in Georgia, The Georgian National Museum, the State Silk Museum and Art Palace of Georgia are showcasing Edward Curtis & the North American Indian: Motherland, Tradition, Spirituality, an exhibition in three parts: Motherland, Tradition, Spirituality. The exhibition is divided in three parts in three museums: September 20, 6PM, State Silk …

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Last Folio – a Photographic Journey by Yuri Dojc and Katya Krausova

Georgian National Museum and Embassy of the Slovak Republic in Georgia host “Last Folio – a Photographic Journey by Yuri Dojc and Katya Krausova” in Shalva Amiranashvili Museum of Fine Arts. Yuri Dojc and the documentary film team shot an abandoned Jewish school in eastern Slovakia, where time had stood …

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Highest-paying and Lowest-paying Sectors in Georgia

In the second quarter of 2017 the averaged salary in Georgia made up 1071 GEL. According to Geostat, national statistics service of Georgia, the highest salaries are recorded in the finance sector (2357 GEL), the development sector ranks second with 1938 GEL and the state sector is third with 1363 …

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A Conversation with Larisa Makarova, VISA’s Risk Services Director – Georgia is Already in the Future

Last month, Georgia’s capital Tbilisi hosted two significant events:  VISA Risk Executive Council and  the Security Summit. Both events discussed key focus in risk management , current worldwide trends and fraud  prediction techniques, and showcased VISA’s most advanced technologies and innovative practices  to make payments even more secure.. VISA sees …

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