Bank of Georgia Group PLC's banking business subsidiary, JSC Bank of Georgia successfully priced a USD 300 million offering of 9.5% perpetual subordinated callable additional tier 1 notes. The Notes are denominated in USD and are expected to settle on 16 April 2024.

Tbilisi to Welcome New Main Airport in Vaziani, Announces Deputy Minister Mariam Kvirivishvili.

The construction of the Rikoti section of the East-West expressway is valued at 1 billion euros, with the Asian Development Bank (ADB) in Georgia providing loan financing for the project. Deputy Minister of Finance, Ekaterine Guntsadze, highlighted ADB's crucial role, noting its flexibility in financing instruments.

The National Bank of Georgia has set a new exchange rate. As a result of trading on April 8, the US dollar depreciated and amounted to 2.6777 lari. The current exchange rate was 2.6784 lari.

On March 2nd, Kakheti became the melting pot of culinary arts with the inaugural Gastronomic Congress of Georgia and Basque Country — Culinary Connection Euskadi-Georgia. The congress brought together chefs from both regions, providing a platform for an exchange of culinary experiences and techniques.

Chelti Winery has made its return to the British market, as announced by Ana Mirianashvili, the company's Commercial Director, during a conversation with BusinessPartner. The winery's products have found a niche in the HORECA sector, being featured in restaurants and hotels across the UK.

The National Bank of Georgia has set a new exchange rate. At the end of trading on March 25, the US dollar strengthened slightly and amounted to 2.7003 lari. Today's exchange rate was 2.7000 lari.

Marking 75 years since its inception, Felco 2 has established itself as a groundbreaking tool, bridging generations with its enduring quality.

The National Bank of Georgia has set a new exchange rate. As a result of trading on March 12, the US dollar depreciated and amounted to 2.6570 lari. Today's rate was 2.6573 lari.

The National Tourism Administration of Georgia has shared its projections for the tourism sector in 2024, setting ambitious targets for the upcoming year. The agency forecasts a total of 6.8 million passengers, with tourism revenues expected to reach $4.5 billion. Additionally, it anticipates 7.9 million international travelers and 5.2 million international tourist visits.

The National Bank of Georgia has set a new exchange rate. As a result of trading on February 27, the US dollar strengthened and amounted to 2.6562 lari. Today's rate was 2.6525 lari.

The National Bank of Georgia has set a new exchange rate. As a result of trading on February 14, the US dollar depreciated and amounted to 2.6483 lari. Today's rate was 2.6517 lari.

The National Bank of Georgia has set a new exchange rate. As a result of trading on February 8, the US dollar depreciated and amounted to 2.6573 lari. Today's rate was 2.6592 lari.

The National Bank of Georgia has published its January 2024 Monthly Review, offering a comprehensive analysis of the latest macroeconomic trends and developments in the country's banking and financial sectors.

The Georgian National Energy and Water Regulatory Commission (GNERC) recently hosted a critical meeting focused on the implementation of Georgian Water and Power LLC’s investment plans for the years 2024-2026.

The Energy Training Center at the National Energy and Water Regulatory Commission of Georgia (GNERC) is currently accepting registrations for its comprehensive training course titled "Fundamentals of Regulation in the Electric Energy Sector."

According to the latest data from the National Bank of Georgia (NBG), there was a notable increase in the demand for cash in December, resulting in a significant rise of over 300 million GEL in the cash circulation. By the close of 2024, the GEL in circulation almost touched the 6 billion GEL mark, settling at approximately 5.8 billion GEL.

Georgia's commitment to renewable energy development has reached a new milestone with the inclusion of over 1000 micro power plants in the net-metering network, according to the National Energy and Water Supply Regulatory Commission of Georgia (GNERC).

The National Bank of Georgia has set a new exchange rate. As a result of trading on December 27, the US dollar strengthened and amounted to 2.6920 lari. Today's rate was 2.6908 lari.

In 2023, Georgian wine has witnessed an increase in its export value, ranking it second among Georgia's export products. Official statistics reveal that in the first 11 months of 2023, Georgia exported 83.1 tons of wine valued at $239.3 million.

Today's conference at the Black Sea Platform explored the imminent full operation of the Middle Corridor transport route, expected within the next year. The gathering saw participation from government bodies, business associations, diplomatic corps, and civil organizations from Georgia, EU countries, and regions. Key discussion points included the potential challenges and opportunities presented by this strategic corridor.

Galt & Taggart's recent analysis of the beer sector reveals that beer prices in Georgian supermarkets are more affordable compared to Azerbaijan, Armenia, and Turkey, yet higher than in Kazakhstan. The report provides a comparative cost analysis across various countries.

The National Bank of Georgia has set a new exchange rate. As a result of trading on December 8, 1 US dollar depreciated and amounted to 2.6695 lari. Today's rate was 2.6860 lari.

Giorgi Papava, the manager of the "Reformer" program, shared insights on state participation in reforms during the "Business Partner Peak Hour" program. He noted that while the state is notably active in certain reforms, its involvement can be minimal in others.

The National Bank of Georgia has set a new exchange rate. As a result of trading on December 6, the US dollar depreciated and amounted to 2.6860 lari. Today's rate was 2.6937 lari.