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NBG Acting President, EU Ambassador discuss suspended IMF program-related issues
27/09/2023
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Georgian-German documentary The Country of Rustaveli screened
<p>The Georgian-German documentary The Country of Rustaveli was screened. This is a documentarian Zurab Inashvili’s last project, which his son Erekle Inashvili completed after his father's death.<br> </p>
Civil Aviation Agency of Georgia increases frequency of Azimuth and Red Wings flights
<p>The Civil Aviation Agency of Georgia allowed Russian airlines Azimuth and Red Wings to increase the frequency of flights to Georgia. According to the new applications submitted to the Civil Aviation Agency, Azimuth plans to perform multiple charter flights from Mineralnye Vody to Tbilisi and vice versa, as well as from Sochi to Tbilisi, from Sochi to Moscow and from Batumi to Moscow; Red Wings will perform the Zhukovsky-Tbilisi-Zhukovsky and Moscow-Kutaisi-Moscow routes. Neither Azimuth nor Red Wings are included in the blacklist of the European Union. </p>
Orthodox Church celebrates Feast of Elevation of Holy Cross
<p>The Orthodox Church celebrates the Feast of Exaltation of Holy Cross Elevation on September 27. A solemn service will be performed in the temples. The holy day is one of the 12 great feasts of the Eastern Church. According to historians, the establishment of the festival was based, primarily, on two events, the finding in the 4th century of the Cross, on which Jesus Christ was crucified and return of the cross from Persia to Jerusalem in the 7th century.<br> </p>
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Our banking system is stronger than ever, we communicate with investors so that they have objective information that Georgia is a reliable investment partner – Georgian Economy Minister
<p>“It is difficult to add anything, because I think that Natia Turnava [NBG Acting President] provided the public with detailed information about the events taking place there, and several programs were dedicated to this,” - the Minister of Economy and Sustainable Development of Georgia, Levan Davitashvili said, while talking about the developments around the National Bank.</p>
NBG Acting President, EU Ambassador discuss suspended IMF program-related issues
<p>The Acting President of the National Bank of Georgia (NBG), Natia Turnava, met with the Ambassador of the European Union to Georgia, Pawel Herczynski.</p><p> </p><p> </p>
One US dollar trades at GEL 2.6732
<p>The National Bank of Georgia has set a new exchange rate, according to which, the price of 1 dollar has become GEL 2.6732.<br> </p>
Batumi Black Sea Music and Art Festival is celebrating its tenth anniversary season
<p>From September 30 to October 8, with the support of the Ministry of Culture, Sports and Youth of Georgia and the organization of the Lira charity fund, the 10th Batumi Black Sea Art Festival will traditionally be held in Batumi.<br> </p>
Georgian bank statistics show $17 bln loaned and deposited in August
<p>Commercial banks in Georgia loaned GEL 48.02 billion ($17,855 bln) and received deposits of GEL48.06 billion ($17,870 bln) in August, the latest data from the National Bank of Georgia shows.</p><p> </p>
Export of cars imported from EU to Georgia banned
<p style="text-align:justify;">After prohibiting the export of American cars to Russia and Belarus, the ban on the export and re-export of cars imported from the European Union to Georgia came into force on September 26.</p>
One US dollar trades at GEL 2.6681
<p>The National Bank of Georgia has set a new exchange rate, according to which, the price of 1 dollar has become GEL 2.6681.<br> </p>
Georgian Ministry of Culture hosts delegation of Chinese Film Administration
<p>The Ministry of Culture, Sport and Youth of Georgia hosted a delegation of the Chinese Film Administration. An official meeting was held. The parties talked about the deepening of the relationship between Georgia and China and cooperation in film art. Possibilities of creating joint products were discussed.<br> </p>
Azimuth Airline starts flights on Tbilisi-Sochi and Batumi-Moscow routes
<p>“Russian airline Azimuth starts flights from Moscow (Vnukovo) to Batumi from October 9, and from Sochi to Tbilisi - from October 11,” - the official website of the Russian airline reported. </p>
GEL at its estimated long-term trend - TBC's weekly update from the chief economist
<p>Last week, the GEL depreciation pressures were only marginal and short-lived as by the end of the week, evidenced by the reversal, the latest trend of excess FX supply to the market has restored. Besides supplying USD, certainly the NBG interventions, this time through the public auctions, have positively impacted the sentiments as well. </p>
How much does Egyptian onion cost in Georgia?
<p>Until very recently, Egyptian onion exports have been thriving globally, especially in Europe, in a context of declining supply worldwide.</p><p>"We exported more onions than in the previous season," says Mohammed Hassan, CEO of On Trade. "At the national level, exports have exceeded 324 thousand tonnes to date. The increase in demand came at a time of lower acreage in Egypt, which raised prices."</p>
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Georgian judoka Ilia Sulamanidze wins gold at Heydar Aliyev Baku Grand Slam
<p>Georgian judoka Ilia Sulamanidze on Sunday won a gold medal at the 2023 Heydar Aliyev Baku Grand Slam.</p>
By 2033, installed capacity of Georgian energy system to increase to 9848 MW
<p>According to the data of the Georgian State Electrosystem, currently the installed capacity of the Georgian energy system is 4586 MW, of which the capacity of regulatory hydroelectric power plants is 2381 MW, the capacity of run-of-river hydroelectric power plants is 995 MW, 110 MW of air turbines, 21 MW of wind plants, and combined and thermal power plants - 1079 MW. HPPs include about 74% of the total installed capacity.</p>
One US dollar trades at GEL 2.6816
<p>The National Bank of Georgia has set a new exchange rate, according to which, the price of 1 dollar has become GEL 2.6816.</p><p> </p>
Batumi Black Sea Music and Art Festival is celebrating its 10th anniversary season
<p>Batumi Black Sea Music and Art Festival, from September 30 to October 8, will celebrate its 10th anniversary season with music lovers. <br> </p>
Russian-based Rossiya Airlines was rejected twice to operate in Georgia - Georgian Civil Aviation Agency
<p>Georgian Civil Aviation Agency responded to the media reports alleging that the Russian-based Rossiya Airlines would start operating in Georgia.</p><p> </p>
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Georgian-German documentary The Country of Rustaveli screened
The Georgian-German documentary The Country of Rustaveli was screened. This is a documentarian Zurab Inashvili’s last project, which his son Erekle Inashvili completed after his father's death.<br>
27/09/2023
10:36
Batumi Black Sea Music and Art Festival is celebrating its tenth anniversary season
From September 30 to October 8, with the support of the Ministry of Culture, Sports and Youth of Georgia and the organization of the Lira charity fund, the 10th Batumi Black Sea Art Festival will traditionally be held in Batumi.<br>
26/09/2023
15:13
Tbilisi is hosting Chinese Film Festival
19/09/2023
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