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Daily Archives: April 11, 2018

Tourism Administration to Purchase 20.5 million GEL Services without Tender

The National Tourism Administration plans to buy 20.5 million GEL of services without tender. The agency has already submitted an application to the government of Georgia and State Procurement Agency. The National Tourism Administration plans to buy such services as the placement of commercials on various international channels; participation in …

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Top Five Development Companies In Tbilisi

Tbilisi’s residential market research 2017, prepared by the global real estate service company’s local representative Colliers International Georgia and Enterprise Georgia, revealed the top five developers in the capital: The ranking was determined based on the total residential area each of them built or managed during construction since 2015. Though Dirsi has been involved in only …

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City Hall to Illuminate Crosswalks in Tbilisi

New LED bulbs will be installed on zebra crosswalks in Tbilisi. Tbilisi City Hall will spend 286,000 GEL on the project’s implementation. According to technical parameters, LED bulbs will be installed on special stands and they will have seven positions. The minimum warranty period is five years. The Tbilisi Mayor …

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The Best Offer for Fans of James Blunt

James Blunt

The legendary British singer James Blunt’s concert tickets are already available from 65 GEL. “We have made the best decision for music fans. The cost of James Blunt’s concert starts from 65 GEL instead of 120. Our project has new sponsors and this change is thanks to them. Thank you …

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Huawei’s 2017 Annual Report: Solid Performance and Lasting Value for Customers

Huawei released its audited financial results for 2017, reporting solid business growth. The company’s total annual revenue was CNY603.6 billion (US$92.5 billion based on year-end exchange rates), an increase of 15.7% over 2016. Net profits were CNY47.5 billion (US$7.3 billion), an increase of 28.1% year-on-year. In 2017, Huawei’s annual investment …

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TBC Market Capitalization Exceeds 1 billion GBP

TBC Bank

Deals of TBC Bank shares (TBCB LI) at the London Stock Exchange (LSE) increased during the last trading session. Deals were made on more than 290,000 shares (160,000 in December 2017). At the end of the week the price of one share was 19 GBP, up 3% week on week …

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Number of Foreign Visitors to Protected Areas Increase

In the first quarter of 2018,  the number of visitors to protected areas of Georgia increased by 39% compared to the previous year and amounted to 55,490. 56% are Georgians, while 44% are foreigners. The number of Georgian visitors has increased by 16% and the number of foreign visitors by 88%. …

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Sheraton Hotel in Tbilisi will be Reopened in September

The 5-star Sheraton hotel will be reopened in Tbilisi, Georgia, in September after a three-year closure. The Minister of Economy of Georgia Dimitri Kumsishvili discussed the hotel opening issue during a meeting in Dubai with Sheikh Saud Bin Saqr Al Qasimi. According to the minister, the hotel renovation will cost …

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19th Design & Branding Contest Jury Team Includes Georgian Sandro Tsitskishvili

19th KIAF announces a team of Designers, Art Directors, Directors and Founders of leading design studios and agencies from Iceland, Spain, Germany, Georgia, Ukraine, Russia, the United Arab Emirates and the United States. Meet the professionals who will evaluate cases in the Design & Branding competition: Magnús Hreggviðsson, Graphic Designer, ENNEMM, Island Pablo …

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