Average monthly nominal earnings in Georgia increased by 10.9% in the third quarter of 2024, rising by 201.3 lari to reach a total of 2,056.7 lari compared to the same quarter in the previous year, the National Statistics Office (Sakstat) …
Armenia has stopped fulfilling its financial obligations in the CSTO
Wealth of the ruling Georgian Dream - Democratic Georgia party's founder Bidzina Ivanishvili estimated at $7.73 billion, according to Bloomberg Billionaires Index. Since the beginning of 2024, Ivanishvili's …
Turkey and Russia continue trade in national currencies and they can similarly pay for gas, a source in banking consulting in Ankara said when asked to comment on the situation with U.S. sanctions on Gazprombank, TASS reported. …
Moscow and Tehran are no longer using the dollar in mutual trade transactions and have shifted to national currencies thanks to previously signed agreements between the two countries in the financial sector, Governor of the Iranian Central Bank …
At COP29, the "Baku Financing Target" was announced. Its goal is to mobilize $300 billion for developing countries by 2035.
It will serve the clients from 8 countries of the South Caucasus and Central Asia
Today, banks in Turkey, the UAE, Thailand, Hungary, Vietnam, Germany, Kazakhstan, Qatar and China have stopped servicing UnionPay cards issued by Russian Gazprombank. The issue has been observed across both state banks …
The National Bank of Kazakhstan and National Payment Corporation have launched a pilot project for interbank QR payments, the National Bank said. The first transaction took place on November 15 during the Kazakhstan Financiers Congress …
The Finance, Investment, and Trade Day (Climate FIT Day) is being held in Baku as part of COP29. Today, the presentation of the Baku Initiative on Climate Finance, Investment, and Trade (BICFIT) will take place. The Baku …
The price of Bitcoin has surpassed $71,000 for the first time since June 7, according to Binance platform data. By 5:24 a.m. Moscow time (2:24 a.m. …
The Auchan retail chain will sell its Russian branch. The group has already found two potential buyers. However, the sale could face difficulties due to sanctions.
The RFU was transferred funds for the past year in the amount of 3.7 bln rubles
The European Investment Bank will help Georgia with the construction of a new highway leading to the border with Armenia. The cost of the project will be a quarter of a billion euros.
Member states of the BRICS group of nations are discussing Iran’s initiative to integrate their national payment systems within the group’s framework, Russia's Deputy …
The Mir payment system has started limited functioning in certain restaurants and shopping centers in Myanmar, the Russian Embassy in the country said. …
Uzbekistan's Ambassador Nodirjon Turghunov held a meeting with Director of the Operations Policy and Services Department at the Islamic Development Bank (IDB) Anasse Aissami. The parties discussed further accelerating cooperation …
The RIAC Director General spoke about possibility of complete abandonment of the dollar in bilateral Russian-Azerbaijani trade and replacing it with rubles and manats
Russia’s government waived export duties on coal for four months in a bid to support its domestic industry. The duties will be canceled from May 1 through August 31, the Russian government said. Russia had previously …
Armenia's Ameriabank has announced the completion of the transaction for its purchase by the Bank of Georgia Group and a change of shareholders. The Armenian bank says on its website that its new shareholders are Bank of Georgia …
