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Georgia’s Foreign Economic Dependence Index Rises in Q1 2025, Driven by Trade and Money Flow Increases

Georgia’s Foreign Economic Dependence Index Rises in Q1 2025, Driven by Trade and Money Flow Increases

ICC Georgia, in collaboration with Ebit Group, has released its Foreign Economic Dependence Index for Q1 2025, revealing a significant rise in Georgia’s reliance on external economic factors. The index, which includes imports, exports, money flow,...

Lion Finance Group PLC announces dividend currency conversion rate

Lion Finance Group PLC announces dividend currency conversion rate

Tbilisi (GBC) - At the Annual General Meeting of Lion Finance Group PLC (the “Company” or the “Group”) held on 16 June 2025, shareholders approved the payment of a final dividend of GEL 5.62 per ordinary share, payable on 18 July 2025 (payment...

Explained: All 27 of UAE's comprehensive trade deals

Explained: All 27 of UAE's comprehensive trade deals

The UAE has concluded 27 Comprehensive Economic Partnership Agreements following the signing of a trade deal with Azerbaijan on Wednesday. Ten of these deals – with India, Indonesia, Israel, Turkey, Cambodia, Georgia, Costa Rica, Mauritius, Serbia...

PM Zhelyazkov: Bulgarian Business Can Contribute Significantly to Ukraine's Post-war Recovery

PM Zhelyazkov: Bulgarian Business Can Contribute Significantly to Ukraine's Post-war Recovery

"From the very beginning of the war, Bulgaria has strongly supported Ukraine, and we must extend this support in peacetime as well. Bulgarian business has significant potential to contribute to the country's post-war recovery," Prime Minister...

NBG fines market entities

NBG fines market entities

Tbilisi (GBC) - The National Bank has issued fines of 15,000 GEL. Natia Turnava signs 4 decrees of 02/06. Violation of the AML/CFT reporting requirement (anti-money laundering and counter-terrorist financing risk supervision reports) in all four...

Dispelling Russia’s myths about Ukraine

Dispelling Russia’s myths about Ukraine

The McCain Institute just returned from a weeklong mission to Ukraine, visiting Bucha, Kharkiv, Dnipro and Kyiv, with a bipartisan delegation of senior staff from the House of Representatives. It was a critical opportunity to see an unvarnished...

GT Group to Supply Tbilisi with New Metro Cars from Chinese CRRC in EUR 150 MLN Deal

GT Group to Supply Tbilisi with New Metro Cars from Chinese CRRC in EUR 150 MLN Deal

GT Group has won the international tender to supply 111 new metro cars to Tbilisi City Hall, sourcing the trains from China’s leading rail manufacturer, CRRC. The value of the agreement, signed today, is EUR 150 million, financed by the Asian...

Emotional appeal for released of Israeli hostages by Georgia leaders

Emotional appeal for released of Israeli hostages by Georgia leaders

At the State Capitol, Gov. Brian Kemp called for the immediate release of an American hostage being held by Hamas in. The governor stood alongside the family of the 24-year-old man's family demanding change. ATLANTA - Georgia Gov. Brian Kemp and...

Minister cautions that water demand represents ‘very large issue for data centres’

Minister cautions that water demand represents ‘very large issue for data centres’

Demand for water is a “very large issue for data centres” according to a minister who was responding to concerns raised by a Bishop in the House of Lords. The Lord Bishop of Oxford requested a response from the Government about plans it might have...

UAE, Azerbaijan sign trade deal as officials meet in Abu Dhabi for Armenia peace talks

UAE, Azerbaijan sign trade deal as officials meet in Abu Dhabi for Armenia peace talks

The United Arab Emirates and Azerbaijan have signed a trade deal, as Azerbaijan’s leader met with his Armenian counterpart in Abu Dhabi on Thursday for peace talks aimed at ending the decades-long conflict between their two countries. The...

European human rights court rules against Russia

European human rights court rules against Russia

Europe’s top human rights court on Wednesday delivered judgements against Russia, finding Moscow responsible for widespread contraventions of international law in Ukraine and the shooting down of Malaysia Airlines Flight 17 (MH17) in 2014. Judges...

Tbilisi Apartment Rents Drop 11% Annually Amid Rising Property Sales – TBC Capital Review

Tbilisi Apartment Rents Drop 11% Annually Amid Rising Property Sales – TBC Capital Review

According to the latest monthly review by TBC Capital, the residential real estate market in Tbilisi reached $264 million in June 2025 — a 19% year-on-year increase, though down 4% compared to the previous month. In total, 3,236 apartments were...

Basisbank to Acquire Liberty Bank – National Bank of Georgia Launches Concentration Review

Basisbank to Acquire Liberty Bank – National Bank of Georgia Launches Concentration Review

Basisbank is set to acquire Liberty Bank, and the National Bank of Georgia (NBG) has initiated a concentration review procedure. "The National Bank of Georgia is reviewing the compatibility of the potential concentration with the competitive...

Estonia Threatens Veto of EU’s New Russia Sanctions

Estonia Threatens Veto of EU’s New Russia Sanctions

Estonian flag. X/ @CeesBoogaart July 10, 2025 Hour: 7:36 am On Wednesday, Foreign Affairs Minister Margus Tsahkna indicated that Estonia may block the adoption of the European Union’s (EU) 18th sanctions package against Russia if the price cap on...

Italy Hosts Global Recovery Talks as Ukraine Endures Record Russian Strikes

Italy Hosts Global Recovery Talks as Ukraine Endures Record Russian Strikes

As missile attacks surge and damages top $500 billion, EU leaders and allies rally in Rome to push investment and legal action against Moscow. By yourNEWS Media Newsroom With Ukraine reeling from its largest aerial bombardments since the war...

Putin's losing the Caucasus: How Armenia and Azerbaijan drift from Moscow orbit

Putin's losing the Caucasus: How Armenia and Azerbaijan drift from Moscow orbit

As Russia continues its war against Ukraine, its position in the South Caucasus has sharply deteriorated. What’s behind the growing tensions between Russia, Azerbaijan, and Armenia? Russian security forces are brutally detaining dozens of...

European court finds Russia responsible for MH17 downing, human rights violations in Ukraine

European court finds Russia responsible for MH17 downing, human rights violations in Ukraine

THE HAGUE, Netherlands (AP): Europe's top human rights court has delivered damning judgments against Russia, finding Moscow responsible for widespread violations of international law in Ukraine and the shooting down of Malaysia Airlines Flight...

U.S. denies presenting proposal on reopening South Caucasus links

U.S. denies presenting proposal on reopening South Caucasus links

July 10, 2025 - 18:55 AMT PanARMENIAN.Net - The U.S. State Department has responded to media claims that the Trump administration proposed a plan to Armenia and Azerbaijan for reopening regional transport links in the South Caucasus. "The United...

Georgia faces European Parliament's criticism over rule of law and Russian influence

Georgia faces European Parliament's criticism over rule of law and Russian influence

The European Parliament approved this Wednesday one of the strongest-worded documents in the history of enlargement: the progress report on Georgia’s accession process. With 490 votes in favour and 147 against, EU lawmakers deplored "the...

Azerbaijan Railways, China Railways agree to boost Baku–Tbilisi–Kars railway potential

Azerbaijan Railways, China Railways agree to boost Baku–Tbilisi–Kars railway potential

Azerbaijan and China will actively cooperate in the development of international transport corridors and cargo operations, APA reports. The Memorandum of Understanding signed between “Azerbaijan Railways” CJSC (ADY) and the “China State Railway...

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