Negotiations with British Airways have successfully concluded, and the airline will begin operating direct flights between London and Tbilisi with four weekly flights starting in the summer of 2025. This achievement comes after several years of active efforts by the Government of Georgia, particularly the Ministry of Economy.

As of September 16, 2024, the "Enterprise in Georgia" agency has introduced a new program aimed at supporting micro and small entrepreneurs. The program is open to anyone whose income does not exceed 500,000 GEL and meets the specified criteria.

Borjomi Holding has released its 2023 financial report, showing a revenue increase of $21 million, bringing the total to $436 million. Additionally, the company recorded a profit of $85.6 million for the first time since the imposition of Russian sanctions.

Restaurant and bakery chain "Entree" has opened its eighth branch in Baku, located in the Narimanov district.

TAV Georgia, the managing entity of Tbilisi and Batumi International Airports, continues to lead in integrating cutting-edge technologies aimed at enhancing passenger services. Most recently, Tbilisi International Airport has launched the automated passenger boarding system, E-Gate.

In the second quarter of 2024, the unemployment rate in Georgia decreased by 3.1 percentage points compared to the same period the previous year, reaching 13.7%, according to data released by "Geostat."

The Department of Highways of the Ministry of Regional Development and Infrastructure of Georgia has completed the rehabilitation of the 18-km section of the highway connecting Chokhatauri with the Bakhmaro resort in Guria.

The Department of Highways of the Ministry of Regional Development and Infrastructure of Georgia has completed the rehabilitation of the 18-km section of the highway connecting Chokhatauri with the Bakhmaro resort in Guria.

Georgia is set to connect with Turkey via a new highway. The existing coastal road will be replaced by a new 11.4-kilometer asphalt concrete road, which will link up with the nearly completed Batumi bypass through a new bridge over the Chorokhi River.

Greek airline Sky Express will begin regular flights from Athens to Tbilisi on November 6.

In the first seven months of 2024, more than 22,000 apartments were sold in Tbilisi, totaling $1.7 billion in sales, according to a report by investment bank Galt & Taggart. This marks a 1.9% increase in sales value compared to the same period last year.

Mariam Kvrivishvili, Deputy Minister of Economy, announced the launch of a new resort development in Racha, Georgia, starting with the selection of Mravaldzali. This initiative, prompted by the Prime Minister of Georgia, aims to boost tourist traffic, generate employment, and enhance the economic landscape of the region.

Mariam Kvrivishvili, Deputy Minister of Economy, announced the launch of a new resort development in Racha, Georgia, starting with the selection of Mravaldzali. This initiative, prompted by the Prime Minister of Georgia, aims to boost tourist traffic, generate employment, and enhance the economic landscape of the region.

Galt&Taggart's latest analysis indicates a significant rise in tourism revenues for Georgia in 2024. As of July, the revenue from tourism surged by 23.5% year-over-year, totaling $600 million for the month.

The Bank of Georgia has been recognized as a leader in digital banking, winning in 45 categories at the prestigious Best Digital Bank Awards by the international publication, Global Finance. This acknowledgment highlights the bank’s innovative strides in the digital banking sector.     

RMG has unveiled the participants for the 2024 Summer School, marking the sixth iteration of this practical program. This year, the program extends its reach by including students from both the Technical University of Georgia and Tbilisi State University for the first time.

On July 1, the first transaction occurred on the Georgian Energy Exchange. According to the exchange's information, a total of 1,022 megawatt-hours (MWh) of electricity were traded, with a weighted average price of 126.43 GEL/MWh.

In a recent briefing, Rati Bregadze, the Minister of Justice of Georgia, announced a pivotal arbitration decision concerning the Anaklia Development Consortium. The Paris arbitration ruled in favor of the Georgian government, mandating the consortium to pay $650,000. This decision validates the government's legal termination of an investment agreement with the consortium for the Anaklia deep-water port project.

Minister of Environment Protection and Agriculture, Otar Shamugia, announced a record $26 million in blueberry exports this year. The announcement came during a meeting with the Blueberry Producers Association and European exporters, where the minister detailed the contributions of the "Implant the Future" program.

Wizz Air has announced the resumption of its direct flight service from Kutaisi to Wroclaw, beginning October 30. This route marks the expansion of the airline’s service from Kutaisi to Poland, which now includes four destinations: Wroclaw, Katowice, Warsaw, and Poznan.

Kutaisi is set to transform the former Parliament building into its first technological hub, encompassing a broad array of innovative facilities. This hub will include an interactive-scientific-technological museum, a startup accelerator, an international IT school, conference spaces, communal workspaces, and a high-capacity data center aimed at advancing Georgian artificial intelligence.

Teliani Valley is ramping up its operations in the United States through partnerships with wine importing companies, Georgian House of Greater Washington and Palmateer Consulting LLC, to represent Teliani Vineyard across all states.

Lopota Spa Resort has inaugurated a new hotel building, which includes two modern conference halls with a capacity of 200 people. Maka Ghligvashvili, the commercial director of the hotel, shared the news with "Business Partner," noting that this is the 16th building in the complex. The new addition features 80 rooms, including 74 premium double rooms and 6 luxury suites.

In May, approximately $400 million worth of deposits were converted from Georgian Lari (GEL) to US dollars in Georgian banks, according to a weekly update from TBC Capital's chief economist.

The Director of Asset Management at Georgian Water and Power (GWP), Giga Nadiradze, announced that efforts to address the damage near Tsitsamuri will commence tomorrow.