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5-year statistics of FDI and remittances in Georgia
<p>The volume of remittances in Georgia are 2 times higher than direct foreign investments. In particular, if during the last 5 years (2023 data covers only 3 quarters) the volume of direct foreign investments in the country amounted to $6,688 billion, 13,580 billion US dollars were transferred to Georgia in the form of remittances.</p><p> </p>
Oil, sugar, buckwheat - 10 types of products that became cheaper as of November in Georgia
<p>According to the data of the National Statistics Service, in November 2023, compared to the previous month, the inflation level in Georgia was -0.2%, and the annual inflation level was 0.1%.</p><p> </p>
Concert of Tsotne Zedginidze and Sandro Gegechkori held at Europalia-Georgia festival
<p>As part of the Europalia-Georgia festival supported by the Government of Georgia, a concert of outstanding young Georgian musicians - Sandro Gegechkori and Tsotne Zedginidze - was held in the New Church (nieuwe kerk) organized by the Royal Conservatory of The Hague, Amare.</p>
Tbilisi hosts first edition of Tbilisi VR Days
<p>,,Georgia’s capital hosted the first edition of the Tbilisi VR Days from December 8 till December 10, showcasing the latest award-winning French films in virtual reality and travel through different fictional realities by immersive storytelling”, - the French Embassy in Georgia said.</p>
One US dollar trades at GEL 2.6695
<p>The National Bank of Georgia has set a new exchange rate, according to which, the price of 1 dollar has become GEL 2.6695.<br> </p>
As of III quarter, foreign investments in Georgia decreased by 61.5%, amounting to $316 million
<p>According to preliminary data, the volume of direct foreign investments made in Georgia in the 3rd quarter of 2023 amounted to $316.0 million.</p>
In November, passenger flow of Georgia’s Kutaisi International Airport increased by 86%
<p>In November, the passenger flow of the Kutaisi Davit Aghmashenebeli International Airport increased by 86% compared to the same period of 2022. As the United Airports of Georgia reproted, 133,732 passengers (as of November 2022, 71,746 passengers) used the Kutaisi Davit Aghmashenebeli International Airport in November.</p><p> </p>
Eurowings starts regular flights to Moldova, Uzbekistan and Kazakhstan
<p>Georgian Wings adds three new destinations from the Tbilisi International Airport and starts performing regular flights.</p><p>In 2024, Georgian Wings will offer passengers Tbilisi-Tashkent-Tbilisi and Tbilisi-Chișinău-Tbilisi routes with 2 frequencies per week, every Tuesday and Saturday, and will carry out regular passenger flights in the direction of Tbilisi-Aktau-Tbilisi with 2 frequencies per week.</p>
One US dollar trades at GEL 2.6790
<p>The National Bank of Georgia has set a new exchange rate, according to which, the price of 1 dollar has become GEL 2.6790.<br> </p>
Georgia can be considered the best partner of the region - EastFruit
<p>Due to the increasing number of produce trade restrictions in the region, mostly completely unfounded, EastFruit decided to prepare a rating of the worst trading partners in the region, using only facts for the assessment.</p><p> </p>
In October 2023, Georgia's construction cost index decreased by 0.2% compared to previous month
<p>According to the data published by the National Statistics Office of Georgia (GEOSTAT), in October 2023, the construction cost index decreased by 0.2% compared to the previous month.</p><p> </p>
Construction of Baku-Tbilisi-Kars Railway will be completed in 2024
<p>"The construction of the Baku-Tbilisi-Kars Railway will be completed in 2024," - the Ministry of Economy and Sustainable Development of Georgia said.</p><p> </p>
One US dollar trades at GEL 2.6860
<p>The National Bank of Georgia has set a new exchange rate, according to which, the price of 1 dollar has become GEL 2.6860.<br> </p>
Coffee imports into Georgia increase - main supplier is Indonesia
<p>In 10 months of 2023, 6,361 tons of coffee worth 25,809,020 USD entered Georgia. The largest amount was imported from Indonesia - 2,701 tons worth $6,786,720. Indonesia is followed by Italy with 287 tons worth $3 534 580 and Russia with 567 tons worth $3 059 830. 1096 tons of coffee worth $2,364,230 was imported from Vietnam.</p>
Tbilisi's Rustaveli Avenue traffic to be restricted for New Year’s Eve illumination installation
<p>Vehicle traffic on Rustaveli Avenue in the Georgian capital of Tbilisi will be restricted between midnight and 6am on Wednesday to allow city services to install New Year’s Eve illuminations.</p><p> </p>
Georgian para judo team claim five medals at Tokyo Grand Prix
<p>The Georgian para judo team claimed one gold and four bronze medals at the IBSA Judo Grand Prix in Tokyo on Tuesday.</p><p> </p>
One US dollar trades at GEL 2.6937
<p>The National Bank of Georgia has set a new exchange rate, according to which, the price of 1 dollar has become GEL 2.6937.<br> </p>
Grapes, honey, meat - 10 products that rose in price most as of November in Georgia
<p>According to the data published by the National Statistics Office of Georgia (GEOSTAT), in November 2023, compared to the previous month, the inflation level in Georgia was -0.2%, and the annual inflation level reached 0.1%.<br> </p>
Qvevri wine is becoming more and more popular outside of Georgia - French master of wine Isabelle Legeron
<p>In Berlin, 15 wineries producing qvevri wine participated in the international exhibition of natural wines RAW Wine Berlin 2023, with the support of the National Wine Agency of Georgia and the Embassy of Georgia in the Federal Republic of Germany,” - the National Wine Agency of Georgia reports.<br> </p>
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Volume of Georgia's business sector turnover up by 8.8 percent in Third Quarter of 2023
<p>,,In the III quarter of 2023 compared to the same quarter of the previous year the volume of business sector turnover increased by 8.8 percent and amounted to 51.7 billion GEL," - the National Statistics Service of Georgia (GeoStat) reported.</p><p> </p>
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Concert of Tsotne Zedginidze and Sandro Gegechkori held at Europalia-Georgia festival
As part of the Europalia-Georgia festival supported by the Government of Georgia, a concert of outstanding young Georgian musicians - Sandro Gegechkori and Tsotne Zedginidze - was held in the New Church (nieuwe kerk) organized by the Royal Conservatory of The Hague, Amare.
11/12/2023
09:40
Tbilisi hosts first edition of Tbilisi VR Days
,,Georgia’s capital hosted the first edition of the Tbilisi VR Days from December 8 till December 10, showcasing the latest award-winning French films in virtual reality and travel through different fictional realities by immersive storytelling”, - the French Embassy in Georgia said.
11/12/2023
09:17
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