Home / 2017 / July / 24

Daily Archives: July 24, 2017

Currency Market Report for Previous Week and Forecasts

US Dollar recorded the worst indicator of the year on Friday in relation to key currencies. On the one hand, this was resulted by general strengthening of EUR, and, on the other hand, investors’ doubts about political stability of the USA. Trump failed to reform ObamaCare program and this factor …

Read More »

2 Million GEL Was Raised for Startups Within Startup-er Program

TBC Bank Program Startup-er sums up 5 months results. Since the beginning of program, 50 startup-er took advantage of Startup loan and 2 million GEL have been issued to support the amateur businesses.   The startups involved in the program operate in different fields: construction sector, shoes and clothing, agriculture, …

Read More »

ICC to Send Official Warning to about 6 million International Investors

Fady Asly: When You Kill Me, Other Fady Aslys will Arise against Your Crimes

ICC chairman Fady Asly plans to send an official letter to about 6 million investors, members of International Chamber of Commerce (ICC). The letter will describe the threats that exist before business commencement in Georgia. Fady Asly told the Analytics that tens of domestic and international business companies suffer from …

Read More »

Renewed Sheraton Metekhi Palace in Pictures

Sheraton hotel

Country’s one of the largest investor company “Rakia” finishes renovation of hotel Sheraton this Autumn. As for the representatives of the company, the exact opening date is still unknown. The Sheraton Metechi Palace, Tbilisi’s iconic five star hotel, is to be dramatically transformed by a major investment which will allow …

Read More »

Georgia Healthcare Group Acquires Two Hospitals For GEL10.0 Million

Healthcare services provider Georgia Healthcare Group PLC said on Monday it has acquired the Khasuri and Qareli community hospitals through its healthcare services business from Georgian insurance company IC Group for GEL10.0 million in cash. The two hospitals are located in the Khashuri and Qareli areas of Georgia, both in …

Read More »

Designing Batumi City for People not Cars

When I walk to the office, I think about cities having their own personalities. I see Batumi as male, smart, well-groomed, and laid-back as if the salt and holiday spirit of the Black Sea have sunk into his system. He appreciates the fusion of the jumble in the old city, …

Read More »

Who Are Your Business Angels?

Small and medium-sized business require funding, especially at the early stages. The main source of financing is usually non-formal investors such as friends, family and so-called “business angels. In the United States, 55%-72%  of “business angels” mostly invest in start-ups or at the earliest stage of development. The same situation …

Read More »