Real GDP Growth Expected to Reach 4.6%

ISET-PI has updated its forecast of Georgia’s real GDP growth rate for the fourth quarter of 2018...

The Importance of This Year’s Nobel Memorial Prize in Economic Sciences

This year has plagued a number of countries with tremendous natural disasters...

Israel Inspires Georgian Politicians. For All the Wrong Reasons

Four years after rising to power in 1977, Israel’s Likud party was about to be dealt a major...

October: Average Hotel Prices in Georgia & Hotel Price Index

In Georgia, the average cost of a room1 in a 3-star hotel was 139 GEL per night in October 2018...

New Hospital Opens in Georgia’s Coastal City Batumi

A new International University Hospital "IUHB" has...

Global Banking and Finance Review Awards Galt & Taggart in Three Categories

Galt and Taggart was named the Best Investment Bank, the Best Investment...

Georgia Signs €14 Million Agreement with EU

Georgia’s European and Euro-Atlantic Integration Minister and EU Delegation...

Armenia Awaits Opening of Checkpoint on Russia-Georgia Border

A new checkpoint will be opened on the Russian-Georgian border to facilitate freight traffic between Armenia and Russia...

European Investment Bank to Allocate EUR 100 Million to Georgia

The European Investment Bank (EIB) is to allocate EUR 100 million...

UNDP Helps Georgia Reduce Natural Hazard Risks

The United Nations Development Program (UNDP) Georgia office held a special...

Georgian Wines Featured at Germany’s ProWein Exhibition

More than a dozen Georgian wine companies are taking part in the 2016 ProWein Exhibition in Dusseldorf, Germany...

Azerbaijan – In Need of a New Growth Model

In 2015, falling oil prices challenged Azerbaijan’s growth model, which had been heavily oil revenue-financed, particularly through...

Trading Strategic Goods: Security, National Interests and Economic Development

On 30 January 2016, twelve MEDEVAC armored medical evacuation vehicles...

Geostat Releases FDI Data: Azerbaijan Georgia’s Top Investor in 2015

The National Statistics Office of Georgia (Geostat) has announced its preliminary...