Russian Invasion of Ukraine SOCAR’s Kulevi terminal in Georgia escapes inclusion in EU sanctions against Russia The Kulevi Oil Terminal in Georgia, owned by Azerbaijan’s SOCAR, has narrowly escaped inclusion in the EU’s 20th sanctions package against Russ... See more
The Governor of Georgia’s National Bank, Natela Turnava, has said that as many as four commercial banks are preparing to join the Chinese Cross-Border Interbank Payment System (CIPS), often considered an alternative to SWIFT. Turnava had discussed joining... See more
The Bank of Georgia, part of the Lion Finance Group PLC, is set to become the first Georgian company to secure a place among the 100 leading companies listed on the London Stock Exchange, a classification known as the FTSE 100 Index. The bank will officia... See more
Georgia’s annual inflation rate slowed to 4.6% in February, while consumer prices rose by just 0.02% compared to the previous month, according to a statement released by the National Statistics Bureau earlier on Wednesday. According to the bureau, core in... See more
Georgia–Iran Relations Iranians find refuge in Georgia, despite murky ties with Tehran While many Iranians view Georgia as a safe haven, the Georgian Dream-led government has its own complex relationship with the Iranian authorities. When the full-scale R... See more
