Economy

Galt & Taggart: Rental Prices in Tbilisi Increased by 71.6% in April

According to the Galt & Taggart Tourism Overview, tourism revenue in April was $ 188.6 million, growing 3.8 times from the previous year and 70.6 percent more than in 2019.

Highest Unemployment Rate in Georgia is among Young People Aged 15 to 24

Geostat today released the official employment and unemployment statistics for 2021. According to the document, last year, due to the pandemic crisis, unemployment rose from 18.5% to 20.6%.

Levan Davitashvili: Tskaltubo is Attracting International Investor Companies

In the near future, the Ministry of Economy will present the Tskaltubo development plan to local investors.

ADB Funding Develops a Strategy for the Development of Georgian Airports

The Asian Development Bank (ADB) has selected a consulting firm to develop its Georgia-wide airport development strategy. The financial institution pays $ 225,000 to create the document.

airBaltic Performed its First Flight from Riga to Batumi

airBaltic has performed its first flight at Batumi International Airport. More than 150 tourists visited Batumi by direct flight.

"Japan is Interested in Georgia's Transit Opportunities to Connect with Europe"

Georgia and Japan are working to deepen trade and economic relations. Minister of Economy Levan Davitashvili met with Deputy Minister of Foreign Affairs of Japan Honda Taro.

Spanish and Iranian Investors Interested in Investing in Lanchkhuti

Lanchkhuti has piqued the interest of Spanish and Iranian investors. There is interest in the processing industry, according to Lanchkhuti Municipality Mayor Aleksandre Sarishvili.

Davitashvili: Introduction of Digital GEL is a Crucial Step for the Development of Financial Security

The introduction of digital GEL will be a very important stage for the efficiency of the financial system in Georgia, the simplification of payment systems, and the acceleration and reduction of financial services.

Summary of Georgia-Czech Business Forum held in Batumi

Georgia and the Czech Republic work closely together, both bilaterally and multilaterally, and the friendly relations between the two countries are based on common values.