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 …
TBC Capital has raised its forecast for Georgian economic growth in 2024. The company has reported that the country's economic growth will exceed 6%. In February, Georgia's economy grew by 9.5%.
The Russian government allocated 120 mln rubles in the form of a budget subsidy for the celebration of the centenary of Ingushetia, organized on behalf of President Vladimir Putin
Changes have been made to the budget of the Republic of Dagestan this year
The Ministry of Finance of Azerbaijan said that the reintegration of Karabakh into the country's economy was the main priority of Baku. Billions of dollars have been allocated for the restoration of Karabakh.
Azerbaijan has increased exports of non-oil products by 11% from January through September of the current year, Azerbaijani Economy Minister Mikayil Jabbarov said. According to him, growth was recorded in all areas of the non-oil …
Ilham Aliyev said that Azerbaijan had invested more than $20 billion in the economy of the Turkic states. He noted that the country made a valuable contribution to the work of the East-West corridor.
Next year, the Georgian government will switch to a saving mode for the construction of the Anaklia port - only $0,9 mln will be allocated for the project
The Armenian government reported on the first income from the voluntary migration of Armenians from Azerbaijan
In the republics of the North Caucasus, the popularity of e-commerce is growing
Vladikavkaz will allocate 640,000 rubles on social assistance to residents of the city whose children are going to the first grade
Russia and Georgia have increased trade by almost a quarter since the beginning of 2023. The export of Georgian goods to Russia has also grown by more than 25%, Georgia supplies water, wine and cars. Russia sells oil, gas and flour.
Azerbaijan's export potential has increased 5-6 times in recent years. Today, the necessary atmosphere has been created in the country for the inflow of investments and the implementation of socio-economic policy.
Since the beginning of the year, Georgia has increased its foreign trade by more than 20% compared to last year's figures. The country's imports of goods amounted to $7 billion, while its exports was $3 billion.
During the first two months of this year, Azerbaijan has increased the export of some types of fruit crops. Sales have doubled compared to last year's figures.
The Ministry of Agriculture of Georgia reported an increase in agricultural exports by 17% in the first months of this year, thus the country managed to export products worth almost $915 billion.
If the Georgian government manages to implement the port of Anaklia project, its capacity will amount to 4% of the Novorossiysk seaport. Today, Chairman of the Georgian Government Irakli Garibashvili announced the capacity of the 1st …
According to the Export and Investment Promotion Agency of the Republic of Azerbaijan (AZPROMO), in 2022, the country reached record non-oil exports amounting to $2.99 bn. Thus,compared to 2021, Azerbaijan's non-oil exports …
According to the press service of the Dagestan Agency for Entrepreneurship and Investments, five investment projects worth 8 bn rubles will be implemented in the republic this year. "This is the construction of the Makhachkala wind …
The salaries of Georgian officials will rise by 10% this year. The increase in salaries is connected with the new law on the indexation of salaries in the public sector, which has come into force on January 1. The law states that …
