Kremlin holds a 66% stake in the development institution. Kazakhstan may become the lender’s largest shareholder.

With GEL 430.6 mln by net profit the first in the ranking in TBC Bank. It is followed by Bank of Georgia with GEL 368.7 mln net profit. These two take 95% of the total pie.

E-commerce prices began rising in June 2020, beginning an unprecedented stretch of 25 consecutive months of increases that underscored the severe price pressures hitting the US economy.

Bill includes $54B for US companies producing semiconductors, tax credits for investments, scientific research funding

The increase is driven by the country’s surge in exports to Georgia, Canada, Morocco, South Korea, Japan and Türkiye over the reporting period.

In a research note Monday, Saxo Bank Head of Macro Analysis Christopher Dembik said the U.K. is “more and more looking like an emerging market country.”

He created wrinkle-free fashion and world-renowned perfumes, besides dressing Apple founder Steve Jobs.

The French military has banned Russian nationals from visiting the Chateau de Vincennes, a medieval fortress, tourist attraction and military site on the edge of Paris, due to Russia's invasion of Ukraine.

Number of passengers going through Türkiye's airports, including transit, surges 68.6% year-on-year, says official data

Official value of the greenback became 2.7100 GEL.

Four commercial banks participated in the auction.

Liberty Bank's ratings reflect the bank's reasonable profitability and asset quality metrics amid a strong economic recovery in Georgia.

The figure represents 47.2% recovery from pre-pandemic Jan-July 2019 data.

Russia's 2030 aviation industry strategy envisions the “partial dismantling” of a portion of foreign-made aircraft to keep two-thirds of the country's fleet airworthy until 2025.

Number of Covid-infected persons in the country as of August 7 totals 14 225.

Country's debt as of June has grown by $351 million from the previous year.

This five year, local-currency facility will primarily be used to finance young entrepreneurs and mortgage borrowers, green projects, as well as micro, small and medium size enterprises in Georgia.

GDP per capita amounted to 7,376 manats ($4,338).

New regulations on gambling broadcast advertising which came into force on March 1, 2022 has resulted the reduction

According to the results of July, the most popular model in Russia remains LADA Granta