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.

"The ruling team will not allow an institutional crisis in any state institution and will take care of the proper functioning of each constitutional body. This is the responsibility of the ruling team to our state and Georgian voters," reads the statement.

As the Prime Minister of Georgia noted, construction of 3 residential blocks with 16 floors each has been completed. Apartment units in them will be assigned to 480 households, while 320 units will be ready shortly.

Turkish economy forecast to grow 3.2% in 2023, 4.3% next year; up 0.5, 0.3 percentage points from previous projections

EU will promote the effective operation of transit routes and the implementation of Autonomous Trade Measures, which provide for the extension of the EU-Ukraine trade regime without duties and tariffs for another year, until June 2024.

The Japanese yen traded just north of 140 against the U.S. dollar on Monday, after the currency breached that level at the end of last month for the first time since November.

The nuclear power plant (31.5%) produced over 1.2 billion kilowatt-hours (an increase of 16%), and hydroelectric plants (17.6%) produced 449.7 million kilowatt-hours (a decrease of 18.2%).

Consumer price hike slows to 7.4% year-on-year in April, thanks to easing food and energy costs

Carrier plans to increase aircraft past 100 to mark Türkiye's 2023 centennial, says CEO Guliz Ozturk

According to him, the opposition "with its immoral people have nothing left but to resort to personal insults".

Drought in Europe, including Türkiye, raising concerns over food inflation, offsetting impacts of falling energy prices