News

Georgia and Turkey agree to implement new technologies in education

Tbilisi and Ankara will expand experience exchange, launch programs for students and teachers, and jointly develop scientific projects

Georgia's Business Sector Sets Record - Turnover Reaches 253.7 Billion Lari

Over the year, the indicator grew by 11.1%, and over the decade, it increased almost fourfold

In Georgia, cars can now be sold remotely online

The transaction is processed through the mobile application or website of the Ministry of Internal Affairs Service Agency, and the buyer has 5 working days to register the car

BSP Oil Refinery in Kulevi Receives Libyan Oil

The Frankopan tanker delivered about 90 thousand tons of crude oil, the third shipment is expected in late October

Wind Power Plants in Georgia Produced 10 GWh in August 2026

Electricity Consumption Decreased by 3.6%

Red Wings intends to expand flight geography to Georgia

The Russian airline plans to expand its route network from several Russian cities

Georgia sets record for car imports from China - deliveries up 60%

In the first eight months of 2026, the country imported 6,189 Chinese cars worth $60 million

Georgia's Foreign Exchange Reserves Exceed $8 Billion Mark

Over eight months, the regulator acquired more than $3 billion in foreign currency on the market, increasing its international reserve stock.

Electricity exports from Georgia halved

Over eight months, the country sold only 235.8 million kWh abroad, and export revenues decreased by approximately half.

ADB sharply improves forecast for Georgia's economy: growth in 2026 could reach 6.3%

The international bank raised expectations by 0.8 percentage points after a strong first half, but at the same time increased its inflation forecast

Turkey plans a giant railway along the Black Sea - 513 km to the Georgian border

The new line is designed for trains with a speed of 250 km/h and will be able to carry up to 12 million passengers and 14 million tons of cargo per year

Georgia's External Debt Jumps by $52 Million in a Month - Country Now Owes $9 Billion

The main part of the obligations falls on international financial organizations, the largest creditor is the Asian Development Bank

Georgia wants to become a "green" energy bridge between Europe and the region

Tbilisi is betting on an underwater cable across the Black Sea and new energy corridors for exporting renewable electricity

Georgian Boeing contractor's loss reached $5.1 million - company's debts exceeded $33 million

Cyclone increased revenue to $12.8 million but continued to operate at a loss, and its accumulated losses have already reached $79 million.

Georgia Builds 587 km of Power Lines and Four Substations to Expand Energy System

The country is simultaneously implementing 18 infrastructure projects designed to enhance the energy system's capabilities for electricity transmission and management.

Fuel in Georgia is sharply increasing in price: gasoline and diesel added up to 20 tetri in a week

At some gas stations, prices have been rising several times in a row, and importers warn of further price increases.

Bolt Raises Taxi Fares in Georgia

Starting September 18, rides in all service categories will become more expensive, while the minimum call cost will remain unchanged for now.

BYD officially enters Georgia: The first showroom of the Chinese brand opens in Tbilisi

GT Group became the exclusive partner, and in 2027, the company plans to open a flagship complex and service center in Batumi

GeoSteel построит солнечные электростанции на 57,5 МВт — стальной завод наращивает собственную генерацию

Changi Airports International to Compete for Management of New Tbilisi Airport in Vaziani

The Singaporean operator confirmed its participation in the international tender, and the project is designed to serve up to 20 million passengers per year

Georgia Sets Transportation Record: Ports, Railways, and Aviation Reach 10-Year Highs

From January to August, the country handled 13.7 million tons of sea cargo, transported 9.7 million tons by rail, and served 5.7 million air passengers.

Wildberries opened the way to the marketplace for Georgian businesses - sellers can already register

Individual entrepreneurs and companies from Georgia have gained the opportunity to independently list products on the platform, and a separate advertising tool, WB Promo, has been launched for their promotion

Georgian Energy Exchange to Halt Day-Ahead Trading - Participants Chose "Day-Ahead" Market

Starting October 1, 2026, the day-ahead market will temporarily cease operations: almost all trading activity is concentrated in the more popular "day-ahead" format.

Betting on Technology: Georgia Aims to Increase Financial Market Tenfold in Four Years

By 2030, the volume of the securities and financial instruments market is planned to increase at least fivefold - to hundreds of billions of lari

Georgian Oil and Gas Corporation Rehabilitates "Kazakh-Saguramo" Gas Pipeline

Three damaged sections will be replaced during the Russian transit shutdown, and diagnostics may pave the way for increased gas pressure

Crypto Businesses in Georgia Will Have to Increase Capital: National Bank Tightens Requirements for VASP

New capital, risk management, and cybersecurity standards are being introduced for virtual asset service providers

Railway to be Built to Anaklia Port: Tender in Georgia May Be Announced by End of October

Authorities expect to complete key infrastructure so that the first ship arrives at the deep-water port in 2029

Georgia begins construction of Batumi - Sarpi highway for $311 million

The new 11.3-kilometer highway with a 7.6 km tunnel will divert transit traffic from the resort area and connect Batumi with the Turkish border

Georgia's International Reserves Set a Record

Over the year, the volume of reserves grew by more than half, and their adequacy exceeded the IMF's standard

Georgia significantly increased imports of light electric vehicles - supplies grew by 43%

In seven months, almost 6,000 electric scooters, mopeds, motorcycles, and bicycles worth $1.7 million were imported into the country.