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News of the day

Economics

Unemployment in Georgia Drops to 13.7% - Geostat

In the second quarter of 2024, the unemployment rate in Georgia decreased by 3.1 percentage points compared to the same period the previous year, reaching 13.7%, according to data released by "Geostat."

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Politics

World

British Airways to Launch Direct Flights Between London and Tbilisi in 2025

Negotiations with British Airways have successfully concluded, and the airline will begin operating direct flights between London and Tbilisi with four weekly flights starting in the summer of 2025. This achievement comes after several years of active efforts by the Government of Georgia, particularly the Ministry of Economy.

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Scholz and Macron Express Deep Concern Over Georgia's European Path

German Chancellor Olaf Scholz and French President Emmanuel Macron voiced their concerns regarding recent developments in Georgia. 

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World

Visa-Free Travel to China for Georgian Citizens to Start on May 28

Starting May 28, 2024, Georgian citizens will be able to travel to China without a visa for up to 30 days. This development follows the completion of the necessary procedures for a bilateral agreement on visa exemption signed on April 10, 2024, between the governments of Georgia and the People's Republic of China.

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Biden signs new military aid package to Ukraine into law

US President Joe Biden signed a law providing for the allocation of a new package of military assistance to Ukraine totaling $60.64 billion. Previously, the corresponding bill was approved by the House of Representatives and the Senate of the US Congress.

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Other news

₾19.7 Million Tender Announced for Rustavi-Gardabani Road Rehabilitation

The Highways Department has announced a ₾19.7 million tender for the rehabilitation of the Rustavi-Gardabni road. The road, which passes through both populated and uninhabited areas, is in poor condition and requires significant repairs.

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"Enterprise in Georgia" Launches New Micro and Small Entrepreneurship Support Program

As of September 16, 2024, the "Enterprise in Georgia" agency has introduced a new program aimed at supporting micro and small entrepreneurs. The program is open to anyone whose income does not exceed 500,000 GEL and meets the specified criteria.

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Borjomi Increases Revenue to $436 Million in 2023

Borjomi Holding has released its 2023 financial report, showing a revenue increase of $21 million, bringing the total to $436 million. Additionally, the company recorded a profit of $85.6 million for the first time since the imposition of Russian sanctions.

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"Entree" Opens Eighth Branch in Baku with €450,000 Investment

Restaurant and bakery chain "Entree" has opened its eighth branch in Baku, located in the Narimanov district.

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