Y. As of December 31, 2024, net profit of Georgian banking sector totaled to 3.1 billion lari, the National Bank of Georgia ...

In 2024, despite the turbulent environment in the Tbilisi residential real estate market, total apartment sales increased by 1% compared to 2023, Galt&Taggart said in the review. In total, 40,346 ...

Because of legislative amendments, new direct consumers will appear on Georgian electricity market from this July, Galt&Taggart said in the review.

In 2024, electricity consumption in Georgia returned to an upward trend following the previous year’s low base, Galt&Taggart said in its market review. In particular, in 2024, the country’s total ...

On February 17, a public hearing of LLC Tbilisi Energy will be held, Georgian National Energy and Water Supply Regulating Commission declared. As the Commission noted, the decision was made based on ...

In April, the state monitoring of compliance with regulations of plastic and biodegradable bags will begin, Georgian Ministry of Environment Protection and Agriculture declared. As the Ministry noted, ...

Council of the National Bank of Georgia (NBG) decided on February 10 to appoint Ekaterina Mikabadze the first vice president of NBG. At the same time, the newly elected member of the NBG Council Nino ...

The European Parliament considers Georgia “as a state captured by the illegitimate Georgian Dream regime”. Such record is included in the resolution, adopted today by the European Parliament with 400 ...

Rehabilitation of Atskuri Street in Isani district of the capital will start on February 14 and will be completed by the end of this summer, Tbilisi Mayor Kakha Kaladze declared at the city government ...

“We are not betting on even somewhat large GEL swings in the near term”, TBC Capital said in its weekly review. “In fact, unlike most market participants, the recent slight GEL appreciation came as no ...

Sanctions imposed by Western countries and the domestic political crisis have already partially affected the Georgian economy, says TI Georgia, Georgian branch of Transparency International.

Referring to the National Bank of Georgia (NBG), Galt&Taggart reports that official international reserves in January decreased by 8.7% year-on-year and amounted to $4.4 billion. If compared to the ...