In May, foreign exchange reserves decreased by USD 128 million, - accoridng to the report published by the National Bank of Georgia. The document reads, that as of May 31, the volume of the total foreign exchange reserves of Georgia stood at USD 5,005,318,900.

Singapore is a small island and Kazakhstan is the 9th largest country in the world through strategic thinking based on partnership and win-win cooperation both countries are forging closer economic ties to create economic growth and business opportunities.

Renovated Gold Market will be opened in a few days on the first floor of "Tbilisi Central". Natia Kadagishvili, the financial director of "Tbilisi Centrali" spoke about this while visiting TV-program "Women's Narrative".

The EU4Business-EBRD Credit Line helped by offering the company the opportunity to invest in new modern machinery via Procredit Bank, a local partner commercial bank. As part of the investment, the company enjoyed technical support from an international group of experts.

The Georgian National Competition Agency of Georgia conducted a re-study of the case due to the non-fulfillment of the commitment agreement by "Uno". As a result of the evaluation and study of the circumstances of the case and the presented evidence, the fact of violation was established in relation to the store "Uno".

According to the Georgian Parliament, the permanent delegations from the Parliament of Georgia, the European Parliament, and representatives from Georgia’s executive bodies will attend the session.

Telavi Wine Cellar owns 300-year-old vineyards in Kondoli and Kudigora and a modern innovative Didkure vineyard planted in 2020 with the newest, innovative method.

The meeting was also attended by Sebastian Molineus, current Regional Director of the World Bank for the South Caucasus who is ending his four-year tenure at the end of June 2023.

Irakli Garibashvili congratulated Rolande Pryce on her appointment to the new position, while thanking Sebastian Molineus for his effective and fruitful cooperation with the Government of Georgia. The Prime Minister of Georgia wished Rolande Pryce and Sebastian Molineus every success in their future endeavours.

In response to the ruling party’s accusations, the presidential administration announced that “the activity of the National Bank of Georgia is not affected.” The President’s Parliamentary Secretary, Giorgi Mskhiladze, emphasized at a recent news briefing that “the duties of the NBG President are being performed by one of the most qualified, experienced and professional persons” and that the process of appointing the NBG President will not be delayed.

2,705 apartments were sold in Tbilisi in Apr-23 down by 23.4% y/y (-24.9% m/m). Sales were down in all types of apartments (primary, secondary market new projects, secondary market old projects), reflecting last year high base effect as well as reduced demand.

Focus was made on the measures planned for increasing the competencies and qualification of Georgian coaches and referees, as well as for the development of the taekwondo infrastructure in the country. The significance of the support expected from the international federation was highlighted in this context.

Tbilisi Mayor Kakha Kaladze talked about the ongoing and planned infrastructure projects in the capital city of Tbilisi at the municipal government meeting on Wednesday.

The fact is that according to the contract signed with TAV Georgia, the managing company of Tbilisi and Batumi International Airport, the government has no right to build an airport within a radius of 150 kilometers without agreement with TAV.

The Fund aims to support artisans and organize exhibitions of their works in public spaces in Tbilisi or the regions. Artisans’ works will be displayed at squares and parks, and the Tbilisi City Hall may purchase some of them.

“As we all know, it is a key moment for Georgia. Georgia is at a crossroads when it comes to EU integration. This is why, it is extremely important that the dialogue between Georgia and 27 EU member states is as intensive as possible,” said Pawel Herczynski, EU Ambassador to Georgia.

Sewing company "Anabechdi" announced the opening of a new enterprise in Samtredia last year. As the general manager of the company, Giorgi Barnabishvili told BM.GE, the processes in the new enterprise have already started, although the official opening is planned for the summer.

The main risk that the company sees in terms of the development of the real estate market is related to the oversupply of apartments.

Customers can purchase a new SIM Card with a desired mobile package at the nearest supermarket. A new subscriber can activate it remotely, directly from the website with a personal ID card.

There are clear signs that the President of Georgia is purposefully obstructing the regular activities of the National Bank of Georgia with her actions, - reads a statement of the Political Council of Georgian Dream.