Despite the global hardships of the COVID-19 pandemic, the world’s ultra high net worth (UHNW) population increased by 2.4% in 2020, reaching an all-time high of 521,653. In this chart,...
The High Court of England and Wales has made a ruling on a case ‘Roman Pipia v BGEO Group Limited’. According to a statement published on the London Stock Exchange...
Celebrating three years of operation, Tbilisi Startup Bureau is launching a fresh new look to position the brand for the future. Since 2018, Tbilisi Startup Bureau has shaped Georgia’s startup...
Only two Georgians are listed on the Forbes Billionaires list as of 2021. One of them is the former prime minister of the country – Mr. Ivanishvili is the 600th...
The International Arbitration Tribunal (ICSID) in the case of ‘Nasib Hasanov v. Georgia’ has issued an interim order. The ICSID has been studying this case since October 2020. In a...
When, more than 20 years ago, I began my involvement in Georgia’s fledgling snow sport tourism, it was only a distant dream that we could host a Ski World Cup....
In 2020, Georgian wine and spirit exports totaled $342.5 million. Exported wine accounted for $210.3 million (5.6% less than in the previous year), while exported spirits increased by 3.8% to...
The construction sector, together with its related sectors, accounts for 8.5% of Georgia’s GDP and employs more than 100,000 people. In 2020, the industry had to deal with serious challenges...
According to IMF data, Georgia is ahead of only seven other post-Soviet countries in terms of GDP per capita. The countries are Azerbaijan, Ukraine, Armenia, Kyrgyzstan, Moldova, Tajikistan, and Uzbekistan....
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Were people more frugal during the pandemic or did they break the bank? This visual assesses the saving rates across different countries. While working hours were reduced across the globe...
The COVID-19 health and economic crisis underscores, as few other major events in modern history have, the vital role of public institutions. When emergencies strike, it is the state’s responsibility...
The Republic of Georgia offers multiple tax benefits to IT firms registered in Georgia who provide services abroad. In particular, IT companies in Georgia holding the status of a “Virtual...
The introduction of innovative hair transplants in Georgia is associated with the name of Dea Papaskiri. A plastic surgeon by profession, she used her fifteen years of experience in the...
2021 began with significant changes in Georgia, as the country’s former prime minister and richest citizen Bidzina Ivanishvili announced his decision to withdraw from politics, leaving the governing Georgian Dream...
The republic of Georgia has been called the world’s most beautiful country, yet only little is known about it beyond its borders. According to IMF data Georgia is the 118th...