News of the day
The US State Department recently published a report lauding the investment environment in Georgia, attributing its success to economic stability and progressive reforms undertaken by the nation.Region
The Vice Prime Minister and Minister of Economy and Sustainable Development, Levan Davitashvili, announced a substantial investment of ₾85 million in the Kutaisi International Airport.
The prohibition on the entry of tourists into Shiomghvime Monastery's premises remains in effect, as announced by Gocha Kavtaradze, the Deputy State Representative for the Mtskheta-Mtianeti region.
Three Georgian companies—Bank of Georgia, TBS Bank, and Georgian Capital—are making their presence felt on the London Stock Exchange with significant gains in share prices over the past week.
Georgian Railways has initiated a competitive tender with a budget of 54.9 million GEL to acquire 300 state-of-the-art freight wagons. The tender specifies that each wagon, priced at 183,000 GEL, must be manufactured within the year 2023.
This year, the Georgian government is earmarking approximately 15 million GEL to bolster the international presence of the country's wines, announced Otar Shamugia, the Minister of Agriculture.