Mayor’s office says an unknown number of people were trapped under rubble after an explosion hit the market in Yerevan.

While an explosion is not impossible, experts say the greatest concern is in the leak of radiation that could come as a result of the Russia-Ukraine war.

Official figures published Friday showed that gross domestic product (GDP) shrank by 0.1% quarter on quarter in the second three months of the year, less than the 0.3% contraction expected by analysts.

International Foundation Curatio presented a new barometer study on the medical services market in Georgia

Profit for the 2Q amounted to GEL 234.6 million

July's exports of new energy vehicles totaled 54,000 units, surging nearly 90 percent over June.

Ukraine has accused Russia of firing at Ukrainian towns from the site in the knowledge that Ukrainian forces could not risk returning fire. It says Moscow has shelled the area itself while blaming Ukraine.

July marks the end of 2021/2022 season and the new season begins in August. Looking at the current market situation, the 2022/2023 season is very likely to be challenging.

In the wake of the end of the global pandemic the Government of Georgia has stated about the change of the foreign debt strategy.

Official value of the dollar became 2.7089 GEL.

The lawyer of businessman Ucha Mamatsashvili, Amiran Giguashvili, releases a statement in which he evaluates the decision of the Tbilisi City Court and invites the public defender to meet again about the position of “friend of the court” presented by her.

In May 2022, industrial production increased by 2.1% in the euro area and by 1.9% in the EU.

"We continue working with our Russian colleagues to increase the capacity of the Upper Lars in both directions," Minister said.

1 USD that opened at 2.6975 GEL has drop by 1.02% and as of 14:00 (GMT+4) reached GEL 2.7250 on Bloomberg Trading System.

Tbilisi residential property transactions maintain double-digit growth

The leader is Haval, for the purchase of cars of which in January-June the Russians spent 26.8 billion rubles (US$ 438,245,043).

We are not reliant on Russian energy, both in terms of electricity and gas, I protest with full responsibility, Chairman of the Georgian National Energy and Water Supply Commission, Davit Narmania said.

South Korea's Justice Ministry said billionaire Lee Jae-yong will be "reinstated" to help the country overcome its economic crisis. The Samsung heir was convicted of financial crimes last year.

At the meeting, the head of the Competition Agency, Irakli Lekvinadze presented the results of monitoring the oil products market.

Dedaena Bar in Tbilisi was cyberattacked by Russian trolls last week.