business in Caucasus

Pandemic hinders investment, Turnava says

The coronavirus pandemic is hindering attracting new investments in the Georgian economy, the head of the country's Ministry of Economic Development, Natia Turnava said. According to her, private companies are looking for land and …

Read
Coronavirus retreats - shops reopen in Iranian capital

Iran allowed some businesses in the capital and nearby towns to re-open Saturday after weeks of lockdown aimed at containing the worst coronavirus outbreak in the Middle East, CTV News reports. Iran was slow to respond to the pandemic …

Read
Georgia privatises 38 state-owned assets

Georgian Prime Minister Giorgi Gakharia said that 38 state-owned assets have already been privatised through the '100 investment projects for business' program. Speaking at a government meeting, he noted that …

Read
Gakharia summarizes 2019 in Georgia

Georgian Prime Minister Giorgi Gakharia has summarised 2019 at the governmental meeting today. He has cited the occupation and jobs as key challenges for the country, adding that the Georgian economy is advancing. …

Read
Will Pashinyan topple Tsarukyan?

Armenia's State Revenue Committee is demonstrating keen interest in the companies owned by leader of Prosperous Armenia party Gagik Tsarukyan. Vice-chairman of State Revenue Committee Edward …

Read
Investments in Georgia decreased by 17%

According to the data published by the National Statistics Service, from January to September, the volume of investments in Georgia amounted to $ 908.9 mln, which is 17% less than last year. At the same time, Turkey, Great Britain, USA, …

Read
Moscow hosts 10th Russia-Azerbaijan Interregional Forum

The 10th Russia-Azerbaijan Interregional Forum has opened in Moscow today. The event is co-organized by the Russian Ministry of Economic Development and Azerbaijan’s Ministry of Economy. The business programme will feature an …

Read
Georgia's new business ombudsman appointed

Georgian Prime Minister Giorgi Gakharia has appointed a new business ombudsman, Mikheil Daushvili, today. Mikheil Daushvili thanked Gakharia for trust and spoke about the main challenges in the …

Read
Conti International LLC quits Anaklia port project

The representatives of US Conti International LLC denied reports that the organization intends to cooperate with the Anaklia Development Consortium, which is constructing a deep-sea port in Georgia. Earlier, Levan Akhvlediani, head of …

Read

Populars