Pipeline Company BTC Co. reported about further growth of pumping of Turkmen oil. abc.az reports, the State Oil Company of Azerbaijan (SOCAR) reports that Turkmen oil supply via BTC reached 564,548 tons. For 2017 it has been pumped 3.197 million tons of Turkmen crude oil. To note, it has been …

Gallery “Fotografia” will be the first in Georgia to present the limited editions prints of the photographers based in Georgia. The goal of the gallery is to support the photographers and to continue the long tradition of photography, which will be reflected on the development of this sphere.“Fotografia” will present …

Company ServiceAir starts to perform Tbilisi-Batumi flights from July 7. Flights will be operated by a 32-seat airbase “Saab” every day except Wednesday. Single flight costs 90 GEL. Tickets are available at the offices of tour company “Vanilla Sky” in Tbilisi and Batumi, on the web-page of the company (from …

Leading commercial banks have raised interest rates on GEL-denominated deposits, but lowered the rate on foreign currency denominated deposits. Currently, yield on GEL-denominated retail deposits accounts for 9.8%; foreign currency denominated retail deposits – 2.9% (01.01.2016: 9%; 3.4%) According to the national bank statistics, for legal bodies, annual interest rate …

The Climate Action is in focus of a new initiative kicked off by the Ministry of Environment and Natural Resources Protection of Georgia, United Nations Development Program (UNDP) and the Global Environment Facility (GEF). Minister Gigla Agulashvili and Head of UNDP in Georgia, Niels Scott, signed an agreement about the …

Oil and related shipments from Georgia’s Black Sea port of Batumi fell 29.2 percent in the first half of 2017 from a year earlier, a senior official at the terminal, operated by Kazakh state energy firm KazMunaiGas , said on Tuesday. The official gave no reason for the fall, but …

Overseas Private Investment Corporation (OPIC) is the U.S. government’s development financing institution. It mobilizes private capital to be able to address development challenges and in doing so we address U.S. government foreign policy and national security objectives. OPIC works in 165 countries around the world. In Georgia, since the mid-1990’s the organization …

Iran Aseman Airlines will launch biweekly flights from Rasht, Gilan Province to the Tbilisi on July 3, according to a statement on the official website of Rasht’s Sardar Jangal International Airport. The route is operated twice a week on Mondays and Thursdays. The service will continue until September 21. Since Tehran and Tbilisi abolished the …

 Income from Georgian wine exports increases. According to the National Wine Agency, in the first half of 2017, more than 31,5 million bottles (0,75 l) Georgian wine has been exported to 44 countries. This figure is 59% higher than the same indicator for 2016. During the reporting period, exports amounted …

Georgia’s economy expanded 4.5 percent in the first five months of this year, official data showed on Tuesday, up from 2.9 percent in the same period in 2016, after a rise in exports and remittances from abroad. In May alone, growth was 5.3 percent, up from 2.1 percent in May …

Georgian wine seminar and tasting “Georgian wines for the summer” was held at a famous historical winery “Winnica Srebrna Gora” in Krakow, Poland. The event was lead by Mariusz Kapciński of Vinisfera company, a National Wine Agency’s contractor. Local importers, wine shop owners and restaurateurs, wine journalists and bloggers attended …

Cory Greenberg arrived in Georgia in 2011 from U.S. Moving to Tbilisi After two years of volunteering in Gardabani, he had no intention that clubhouse in a hidden spot would happen to turn into an international, diverse place where locals,tourists or immigrants from around the world would gather every night.That’s …