Read the latest news from regional and global sources, presenting different voices and perspectives.
“GALT&TAGGART”: IN TBILISI DEVELOPMENT PROJECTS, FINISHING IN 2025, 81% OF APARTMENTS ARE ALREADY SOLD
Sarke
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Daily News: Economics July 8, 2025 Galt&Taggart conducted in June a survey of systematic developers, covering more than 135 residential construction projects in Tbilisi (about 45% of Georgia’s total primary market). Referring to results of the...
Armenia's AI data factory: The role of Afeyan and Vardanyan
Sabah
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July 7, 2025
Armenia, through Firebird.ai, in collaboration with NVIDIA and the Armenian government, has launched a $500 million AI data factory project, marking a significant step toward becoming a technology hub in the South Caucasus. For Türkiye and...
Georgia Lottery player takes home millions over holiday weekend
WVGA Valdosta Today - Georgia
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July 8, 2025
ATLANTA – A Georgia Lottery player took home $3 million over the holiday weekend after winning the Mega Millions drawing on July 4. A Georgia Lottery player became a millionaire over the holiday weekend, winning $3 million in the July 4 Mega...
Iran Releases Currency Exchange Rates For July 9
MENAFN
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July 9, 2025
(MENAFN- Trend News Agency) BAKU, Azerbaijan, July 9. The Central Bank of Iran (CBI) has released the official exchange rates for foreign currencies as of July 9, Trend reports. According to the rates announced by the CBI, the value of 28...
Azerbaijan Railways, Chinese Companies Enhancing Partnership (PHOTO)
MENAFN
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July 7, 2025
(MENAFN- Trend News Agency) BAKU, Azerbaijan, July 7. A delegation from Azerbaijan Railways CJSC (ADY) is on a working visit to China, Trend reports via the company. Today, ADY representatives held meetings with major Chinese transport and...
The Middle Corridor: Why China is betting on Azerbaijan
News.Az
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Amid growing global concern over fragile supply chains and geopolitical uncertainty, a quiet but significant shift is taking place in Eurasia. At the heart of this transformation is the strategic partnership between China and Azerbaijan, aimed at...
Businessman Giorgi Ramishvili Released on Bail
Civil Georgia
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July 7, 2025
Businessman Giorgi Ramishvili, who was detained for allegedly carrying a firearm in his hand luggage at the airport, was released on bail of GEL 70,000 (approximately USD 26,000) following a late-evening court hearing on July 7. Ramishvili,...
Azerbaijan Railways, Chinese companies enhancing partnership
News.Az
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A delegation from Azerbaijan Railways CJSC (ADY) is on a working visit to China, News.Az reports via the company. Today, ADY representatives held meetings with major Chinese transport and logistics companies. During talks with China Railway...
Armenia's foreign trade almost halves to $7.9 billion in 5 months of 2025
ARKA
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Armenia's foreign trade in January-May 2025 compared to the same period in 2024 slashed by 49% to $7,912,325.9 thousand, according to the National Statistical Service. YEREVAN, July 7. /ARKA/. Armenia's foreign trade in January-May 2025 compared...
Georgia: how democracy is being eroded fast as government shifts towards Russia
The Conversation
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July 7, 2025
Georgia was once considered a post-Soviet success story. After years of authoritarian rule, followed by independence which brought near state collapse, corruption and chaos, Georgia appeared to have transitioned to democracy. In a period after...
Russia’s weakness in Ukraine worsens South Caucasus crisis: Saakashvili
PanARMENIAN.Net
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July 7, 2025 - 18:43 AMT PanARMENIAN.Net - Former Georgian President Mikheil Saakashvili wrote in a Facebook post that “developments in the South Caucasus are a direct result of Russia’s weakened position due to its involvement in the war in...
Going green for business growth: Why action on sustainability makes commercial sense
Edie
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July 8, 2025
Pictured: The 'Going for Growth' panel at London Climate Action Week. The climate emergency is not a distant threat; it’s a present-day reality, reshaping how we live, work, and do business. At the second annual Fleet Street Quarter Climate...
The Archbishops’ ‘Coup’ — Armenia Hints at Russian Plot
CEPA
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July 8, 2025
In late June, 14 members of the Sacred Struggle organization were detained and accused of attempting to seize power. Among those held were two archbishops of the Apostolic Church, the country’s largest, and an Armenian-Russian billionaire, who had...
Russia’s Akula-Class Nuclear Submarine Was Built to ‘Hunt’ the U.S. navy
19FortyFive
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July 7, 2025
The Akula-Class Submarine: Everything You Always Wanted to Know In the clandestine, high-stakes undersea chess match of the Cold War, the sudden appearance of a new Soviet submarine in the mid-1980s sent a shockwave through Western naval...
Businessman Giorgi Ramishvili Arrested at Tbilisi Airport: A Look at His Vast Holdings
Business Media Gerogia
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July 7, 2025
Giorgi Ramishvili, founder of the influential Silk Road Group and one of Georgia’s most prominent businessmen, was arrested at Tbilisi International Airport on July 6. According to a statement by the Ministry of Internal Affairs (MIA), Ramishvili...
Jailed for a slap, silenced for her reporting: Mzia Amaghlobeli flies the flag of Georgian journalism
Vox Europ
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July 8, 2025
I first met Mzia Amaghlobeli when I was a teenager. We both lived in Batumi, where I’m from and where Mzia began her career in journalism before we met. When she was 26, she founded Batumelebi, a website that aimed to prove that it was possible to...
Passenger Traffic Between Georgia and China Soars 90% in 2025, Driven by Visa-Free Travel and Strong Airline Demand
Business Media Gerogia
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July 8, 2025
Air travel between Georgia and China is experiencing unprecedented growth. According to data released by the Ministry of Economy, the number of air passengers traveling between the two countries grew by 45% in 2024, reaching 57,184 passengers. In...
Israeli Citizens Purchased 11% of Apartments Sold in Tbilisi in Early 2025 - G&T
Business Media Gerogia
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July 8, 2025
According to a recent Tbilisi Residential Real Estate Market Review by Galt & Taggart, Israeli citizens accounted for 11% of all apartment purchases in the capital during the first five months of 2025 — the highest share among foreign buyers. The...
Credo Bank increased ROE
Georgian Business Consulting
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July 7, 2025
Tbilisi (GBC) – Credo Bank's ROE has increased. As of June 1, the bank's Return on Equity is 19.25% (01.06.2024 - 11.62%). A return on equity of >15% is considered optimal for shareholders. This is a kind of satisfaction index. An investor has a...
Putin’s Perp Walk in the Caucasus
CEPA
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July 8, 2025
For two decades, Vladimir Putin enforced Russian dominance across the former Soviet space through a simple formula: swift punishment for defiance, lavish rewards for submission. Georgia learned this lesson in 2008 when Russian tanks rolled through...