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AGP Executive Report

Last update: 10 hours ago

EBRD Outlook: The EBRD lifted Georgia’s 2026 GDP growth forecast to 6% (from 5.5%), citing services, tourism and private consumption, while warning Middle East conflict could hit tourism and raise energy import costs. New EBRD Leadership: Tomas Kairys was appointed head of the EBRD’s Caucasus office, effective Sept 1, 2026, overseeing EBRD operations across the region. Transport & Trade Finance: The World Bank approved $372m for the Trans-Caspian Transport Corridor “TC-GATE” to upgrade rail and roads, cut logistics bottlenecks and support reforms—aimed at strengthening Georgia’s Middle Corridor role. Macroeconomy: Georgia’s annual inflation eased to 5.7% in May, down from 5.9% in April, with the National Bank linking the earlier spike to global energy and fuel price moves. Local Housing: Tbilisi says 450 homeless families have received housing with use rights, after up to 1,150 families were granted homeless status. City Infrastructure: Tbilisi City Hall started rehabilitation at Sioni Cathedral, with works expected to finish by end-October. Real Estate Deal: eVoost AI signed an exclusive international commercialization agreement with Mardi Holding for Batumi projects Mardi Hills and Mardi Aquapark, targeting global sales and lead generation. Agri-Food Cooperation: Georgia’s agriculture deputy minister met Türkiye counterparts to discuss irrigation, water management and expanding Georgian agri-food exports to the Turkish market. Energy Tech: bp deployed multilateral well technology in Azerbaijan’s ACG field to boost recovery and extend production life.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

AGP Wire

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May 21, 2026

Zypto App says its connected crypto platform now spans more than 20 blockchains

EIN Presswire

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May 7, 2026

Electrolyzer market seen topping $1.1 billion by 2034

EIN Presswire

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May 10, 2026

DataGreat maps three conflict shocks to Turkish tourism

EIN Presswire

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May 5, 2026

Central Asia’s payment leaders push for interoperable rails within 24 months

EIN Presswire


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Georgia Seeks to Expand European Energy Corridor with Green Hydrogen Pipeline

Georgia Seeks to Expand European Energy Corridor with Green Hydrogen Pipeline


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Jun. 1, 2026

Erdogan Highlights Strategic Impact of Turkish-Azerbaijani Energy Cooperation

MENAFN

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May 31, 2026

Thousands March in Tbilisi Demanding EU Integration, New Elections

MENAFN

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Jun. 2, 2026

The international role of the euro, June 2026

ECB - European Central Bank

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Jun. 3, 2026

PureCycle and StackTeck Successfully Produce Living Hinge Cap Using PureFive® Recycled Polypropylene

GlobeNewswire, Inc.

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May 21, 2026

Two Years Later, Zypto App’s Connected Crypto Financial Vision Is Already Operating Globally

EIN Presswire

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May 20, 2026

Jellystone Park™ West Georgia to Host Grand Opening Celebration May 29

GlobeNewswire, Inc.

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