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Monthly Archives: August 2015

Georgia Celebrates Mariamoba


Mariamoba is a public holiday in Georgia. Mariamoba on August 28 is one of the greatest holidays in Georgia. Mariamoba or The Assumption of the Blessed Virgin Mary is celebrated as a religious holiday in Georgia. This day is celebrated to commemorate the assumption of the Blessed Virgin into heaven. …

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NATO Secretary General’s Visit in Georgia

Georgia and NATO

NATO Secretary General Jens Stoltenberg, who is visiting Tbilisi, said on August 27 it’s now early to say what the decision of next year’s NATO summit will be in respect of Georgia’s long-sought for Membership Action Plan (MAP) Georgia is a “strong and reliable contributor to the shared security” so …

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Georgia Wins Gold, Silver at Cadet World Championships

Georgia has won one gold and one silver medal at the first day of the Cadet Wrestling World Championships in Sarajevo, Bosnia and Herzegovina. Georgia’s Greco-Roman wrestler Aivengo Rikadze (63kg) was crowned world champion after he defeated Iranian, Ukrainian, Kazakh and Egyptian opponents during the tournament. Weeks earlier Rikadze became …

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Leo Messi UEFA Best Player in Europe

Messi Best Player

Leo Messi has been chosen as the UEFA Best Player in Europe and as such takes the award that he won back in 2011 in its first year of existence. The Argentine received 49 votes, beating Luis Suárez (3)andCristiano Ronaldo (2) to the prize with Neymar finishing in fifth place. The …

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Sukhishvilebi to Hold 70th Anniversary Concerts in USA

Georgia’s internationally acclaimed folk dance company Sukhishvilebi is heading to the United States (US) to thrill American audiences with the beauty of Georgia’s national dance and modern repertoire. Sukhishvilebi will depart for the US in October and perform several concerts marking the 70th anniversary of the company. Performances are scheduled …

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ADB Extends $20mln To Protect Vulnerable Batumi Coastline

The Asian Development Bank (ADB) has approved a $20 million loan to stem coastal erosion around the popular Black Sea tourist destination of Batumi. Batumi, the capital of the Autonomous Republic of Ajara, with a population of more than 150,000, is one of the fastest developing cities along the Black …

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How Does Issuing Equity and Bonds Affect a Company’s Growth?


Stock and corporate bond markets have expanded rapidly since the early 1990s, but three basic, interrelated questions remain unanswered: How many and which firms issue equity and bonds in domestic and international markets? What happens to the assets, sales, and number of employees of firms that issue debt and equity …

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Worst Decline in World Trade in 6yrs – Report

The first half of 2015 has seen the worst decline in world trade since the 2009 crisis, according to World Trade Monitor. The data could imply that globalization has reached its peak. In the first quarter of 2015, the volume of world trade declined by 1.5 percent, while the second quarter …

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Batumi Hosts International Advertising Festival Ad Black Sea

AD black sea

From September 24-27 the International Advertising Festival Ad Black Sea will take place in Batumi, Participants from 20 countries will attend the event. This is a new international advertising festival, which aims to inspire all of its participants – advertisers and creative people – with bold, unusual ideas and nontrivial solutions. …

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Rezo Kezeli Exhibition in TBC Gallery

On August 30, at 7;00 pm, TBC gallery in Batumi will host Rezo Kezeli exhibition –  “Man with accordion”. On the exhibition, visitors will have a chance to have a look at accidently survived photographs, found in Institute of Physics at the beginning of 90s. A well known photograph and an …

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Turkey Ranks Among World’s Top Aid Donors

Turkey continues to provide critical aid in over 40 countries across the world  ANKARA Turkey has carried out humanitarian work in over 40 countries across four continents, helping people reeling from the effects of natural disasters or civil wars, the country’s Disaster and Emergency Management Authority (AFAD) has said. Anadolu …

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