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Tag Archives: georgia

Turkey’s Ziraat Bank Launches New Operation in Georgia

Turkey’s Ziraat Bank Launches New Operation in Georgia

Turkey’s state-run Ziraat Bank will offer services in neighboring Georgia under a new institution called JSC Ziraat Bank Georgia, it announced on May 2. Ziraat Bank, which had maintained operations in Georgia from offices in Tbilisi, Marneuli and Batumi since 1998, aims to expand its branch network and become a …

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April Records 29.7% Upturn in Tourists Inflow

A total of 510 594 tourists arrived in Georgia in April 2017, up 47 450 visitors year on year (+10.2%). Number of tourists, who stayed in Georgia for 24 hours and longer, made up 222 622 persons, up 50 966 persons year on year (+29.7%). A major part of visitors …

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Georgian Ministry talks Purchase of Iranian Gas

Georgian Ministry talks Purchase of Iranian Gas

Delivery of gas from Iran to Georgia is theoretically possible, and there is necessary infrastructure for this, but such contracts were not concluded between state companies, Georgia’s Deputy Minister of Energy and Natural Resources Mariam Valishvili told Trend Apr. 24. “The Iranian side expresses its readiness to supply gas to …

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EIB Allocates 250M Euros for East-West Highway Construction in Georgia

Georgia will sign a new 250 million euros worth agreement with the European Investment Bank (EIB), Sputnik Georgia quoted the country’s Finance Minister Dimitri Kumsishvili as saying. “These funds will be spent on construction of the East-West highway,” Kumsishvili told reporters. The minister noted that EIB doubled the volume of investments …

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SES Increases its Satellite Reach in Georgia by 21% in one Year

SES

SES announced that its technical reach in Georgia has increased to 455 000 TV homes, which represents a 5% increase compared to last year. SES’s direct reach (DTH) has increased by 21% to 141,000 homes in one year. The SES Satellite Monitor YE2016 results reveal that satellite is by far …

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8 Million Credit Cards Are Currently in Use in Georgia

In a population of 3.72 million people in Georgia, about 8 million credit and debit cards are being used, according to Majeed Hujair a Senior Director at School of Public Policy. About 36% of people globally use credit card payments while there are 2.5 billion adults who do not use formal …

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National Tourism Administration Launches Campaign with TripAdvisor

Georgian National Tourism Administration launched new marketing campaign on the major American travel website TripAdvisor. Information on the tourism potential of the country will be placed on the resource in the next six months. Head of the National Tourism Administration Giorgi Chogovadze and TripAdvisor’s Marketing Manager  Chad Shiver arrived in …

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TransCaspian International Transport Corridor (TMTM) Efficiency Discussed in Kiev

On April 11 chiefs of railway administrations of Kazakhstan, Ukraine, Azerbaijan and Georgia – Kanat Alpisbaev, Voitsekh Balchun, Javid Gurbanov and Mamuka Bakhtadze met with Vladimer Groissman, Prime Minister of Ukraine. At the meeting the parties discussed efficiency of TransCaspian International Transportation Route (TMTM). The parties stressed the TMTM importance …

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Georgia To Spend 10 Billion on Infrastructural Projects

Almost 10 billion GEL will be spent on infrastructural projects in the next 3-4 years, and it is a very important process in our country’s physical transformation, Georgian Prime Minister Giorgi Kvirikashvili commented on the expected launch of 2,500 infrastructural projects presented yesterday under the spatial planning reform component. According …

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