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Monthly Archives: August 2015

Dhabi Group Planning to Build a Skyscraper for the Rich in Tbilisi

CBW has learned that the Arabic Dhabi Group is planning  to build two skyscrapers in the Georgian capital of Tbilisi. In the words of Dhabi Group Executive Director, at this stage negotiations  are underway with the Ministry of Economy regarding the  land allocation. Sam Edward says that the luxury residences …

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Iran’s Religious Leader on a Visit to Baku

Iran's Religious Leader on a Visit to Baku

Iran’s religious leader grand ayatollah Hossein Nouri Hamedani arrived in Baku on August 31 for a 6-day visit to the Republic of Azerbaijan. Nouri Hamedani was welcomed by Sheikh-ul-Islam Allahshukur Pashazade, the chairman of the Caucasian Muslims Office, the Iranian embassy to Baku told local news agency Trend. Nouri Hamedani …

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Turkey is Guarantor of Azerbaijan’s Border Security – PM


As long as Turkey is next to Azerbaijan, the country will not have any border issues, the PM of Turkey Ahmet Davutoglu told the local news agency Anadolu.  The PM stressed that Turkey has always been close with Azerbaijan and will always support the brotherly republic.  The conflict that divided …

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Wheat Flour Regulations to Come into Force on January 1

The government changed its mind on the enactment of  technical regulations for wheat flour from September 1 and has postponed them until   1 January 2016. According to the Agriculture Ministry, the technical regulations aimed at  determining  joint principles of regulation and consumer protection. Under technical regulations and the Georgian laws, …

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abc: Eni Finds ‘Supergiant’ Natural Gas Field off Egypt


The Italian energy company Eni SpA announced Sunday it has discovered a “supergiant” natural gas field off Egypt, describing it as the “largest-ever” found in the Mediterranean Sea.   The news came a day after Eni CEO Claudio Descalzi met in Cairo with Egyptian President Abdel-Fattah el-Sissi, the Egyptian leader’s …

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Azerbaijan Starts Nominating Candidates For Parliamentary Election

According to the schedule adopted at a meeting of the Central Election Commission (CEC) Azerbaijan has started nominating the candidates. According to the schedule, the election documents necessary for registration of candidates for MPs must be submitted to the district election commissions from September 12 to October 2 till 18:00 …

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Volume of Exports From Georgia to Turkey Decreases by 14%

Georgia-Turkey exports

The volume of export from Georgia to Turkey decreased by 14 percent (by $20.2 million) and amounted to more than $ 125 million – 5.7 percent of Georgia’s total exports in January-July 2015 compared to January-July 2014, the Georgian National Statistics Service said. In particular, semi-finished ironed items or non-alloy steel …

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BBC: Georgian Winemakers Ready to Toast End of EU tariffs


Legend has it that 8,000 years ago wine was first invented in the small country of Georgia. Today, wine remains an important part of both the Georgian economy, and the Caucasus nation’s sense of identity, with thousands of winemakers together typically producing more than 100 million bottles a year. Back …

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Brazil’s Economy Enters Recession


Brazil has entered recession after official figures showed the country’s economy contracted by 1.9% between April and June compared with the previous three months. Analysts had expected a contraction, but the number was worse than expected. First quarter output was also revised down to show a 0.7%, rather than a …

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