Economy

Georgia’s Peach and Nectarine Exports Hit $26.1 Million

Starting May 1, 2021, Georgia has exported 28,700 tons of peach and nectarine worth $26.1million, the Georgian Agriculture Ministry’s press release reads.

Adjaristsqali Georgia Considers Future Cooperation with Batumi Botanic Garden

AGL CEO Rakesh Naik and Head of CSR Nino Diasamidze held a meeting with the Director of Batumi Botanic Garden Irakli Archaia and discussed possible future cooperation opportunities.

SCAT Airlines to Operate Aktobe-Tbilisi-Aktobe Flights

Kazakh Airline SCAT Airlines will fulfill flights to new directions. Namely, the airline will perform Aktobe-Tbilisi-Aktobe flights.

Unemployment Rate Increased in Georgia, Reaching 22.1%

Unemployment rate has risen in Georgia. According to the data of the second quarter of 2021, it reaches 22.1%, which is an increase of 3.8 percentage points compared to the corresponding period of the previous year.

Georgia’s Sheep Exports See Record High; Exports Markets

In January-July 2021 Georgia exported a record number of goats and sheep. The exports have increased by annual 500% compared to January-July 2020.

SpaceX to Integrate Georgia into Satellite Internetization Project

Deputy Economy Minister of Georgia Irakli Nadareishvili, GITA Chairman Avtandil Kasradze, and Enterprise Georgia director Mikheil Khidureli have visited the USA.

New Modern Cattle-Breeding Farm Opens in Dedoplistskaro

A new cattle-breeding farm has opened in Dedoplistskaro Municipality. Young farmer Zurab Masurashvili invested GEL 2.5 million in building the new farm with cutting-edge technologies.

Azerbaijani Airline to Perform Cargo Flights from USA to Georgia

Silk Way West Airlines will perform cargo flights in the Chicago-Tbilisi-Baku direction, the Ministry of Economy of Georgia reports.

Government Announces New Auction of State-owned Companies with 25-50% Discounts

The Ministry of Economy and Sustainable Development of Georgia continues the accelerated privatization of state-owned companies. Now, the Government has announced the 4th auction as part of the 100 Investment Offers to the Business state program.