Your Guest Is My Guest, or Why Tourism Is Not a Zero-Sum Game

The share of “transit tourists” (those who continue from Georgia to a neigbor country) in the total is not very high...

Georgian Wine Industry: Implications of a Russian Embargo

Russia has certain economic leverage over Georgia, as last year Georgian exports to Russia accounted...

Never Waste a Good Crisis

Achieving economic independence from Russia will be costly in the short-term...

Trade Deficit Shrinks, as Exports, Tourism & Remittances Show Strong Growth

ISET-PI has updated its forecast of Georgia’s real GDP growth rate for the second quarter of 2019...

Georgian PM Promotes Georgia at the Davos World Economic Forum

Prime Minister of Georgia Giorgi Kvirikashvili Addressed the Davos World...

Nova to Open New Factory in Adjara

Building material manufacturer and importing company Nova is expanding its business and plans to open a new factory in Adjara, Georgia...

Four-Star Hotel to Be Built in Abastumani

The state owned shareholding company Partnership Fund will build the first four-star hotel in Abastumani...

Depreciation of GEL Against USD Exceeded the Historical Minimum

The official exchange rate of GEL against USD exceeded the historical minimum and is 2.4694...

Georgian PM Emphasizes Importance of the Silk Road in Davos

The Prime Minister of Georgia delivered a speech at the Davos World Economic Forum Session over...

New Executive Chef of 5 star Hotels & Preference Hualing Tbilisi

Franck Vallat is a French chef with a rich background working in the leading...

Georgian Kiwi Sells in Germany

Lidl supermarkets in Germany have launched kiwifruit sales in 2016 produced by Georgian company Nergeta...

WSIB Working Group to Visit Georgia

The Working Group of the Washington State Investment Board (WSIB) is set to visit Georgia...

BP Allocates $150 million to Upgrade Baku-Suspa Pipeline

British Petroleum (BP) one of the world’s ‘supermajor’ oil and gas companies is set to allocate $150 million...

Georgia’s Trade Turnover Increases with EU, Decreases with CIS Countries

Georgia’s trade turnover with EU countries increased by 6% compared to 2014 and amounted to $3 billion...