Official statistics show that traditionally Russia remains the main import market of sunflower oil for Georgia. During this period oil imports from Russia were halved. Despite the war, Ukraine was also included in the top three importing countries in January-August.

As of August 1, 2022, the assets of Azerbaijan-based banks amounted to 42.404 billion manats ($24.94 billion), up 26.9% from a year earlier.

Sirabidze told TV-Program Business Morning that the price for one or two-bedroom apartments in the city center of Batumi reached USD 660 this September up from USD 200 a year before.

In August 2022 alone the foreign trade surged by 2.1 times from the same month of last year and by 17.6% from July 2022.

As part of Enterprise Georgia’s Export Support component, Georgian companies have been able to attend the international leather and fashion accessories event – Micam & Mipel Milano, while Georgian products have generated interest at this exhibition.

Former President of the National Bank of Georgia (NBG) Giorgi Kadagidze has published a Facebook post, in which he said that the country is on the verge of the most acute migration crisis and the government must urgently introduce the visa regime.

The fulfillment center in the Turkish metropolis Istanbul has been launched through an investment of more than $100 million.

The German authorities argue that in this way, it would be possible to hinder the Kremlin's attempts to increase political pressure on the EU member states and restrict corruption.

In particular, the applicable daily domestic business travel allowance will increase from GEL 15 to GEL 30, while the daily foreign business travel allowance and rental accommodation norms will be defined individually for each country, based on the situation therein.

Roger Waters' concerts in Poland have been canceled after he commented on the war in Ukraine. Krakow City Council has said it will discuss declaring the Pink Floyd musician "persona non grata."

The Paris-based organization projects worldwide growth to be a modest 3% this year before slowing further to just 2.2% next year, representing around $2.8 trillion in lost global output in 2023.

Over last 4 weeks, GBP/USD exchange rate dives 9.37%

Apple unveiled its latest line-up of iPhones earlier this month. They will have improved cameras, faster processors and longer lasting batteries at the same prices as last year’s models.

Georgia’s worst score is for internet quality (ranking 95th globally), and the best is for e-security (52nd).

Official value of the greenback became 2.8344 GEL.