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georgia unemployment rate decrease
News
Unemployment Rate in Georgia Decreases by 3.1%, Reaches 13.7%
The National Statistics Office of Georgia (Geostat) has reported a significant decrease in the country’s unemployment rate. In the second quarter of 2024, the unemployment rate dropped by 3.1 percentage points compared to the same period last year, bringing it down to 13.7%. This improvement is attributed to an increase in both hired and self-employed individuals, as well as a rise in labor force participation and employment rates. The data…
by Jacob Wilson access_time1 year agochat_bubble_outlineLeave a comment
hot weather forecast georgia
News Weather
Hot Weather Expected in Georgia in Coming Days
The National Environment Agency has forecasted a significant rise in temperatures across Georgia in the coming days. Western Georgia is expected to experience particularly hot weather, while short showers and lightning are anticipated in eastern Georgia. Tbilisi, the capital, will see dry conditions with daytime temperatures ranging between 34 and 36 degrees Celsius. This weather pattern is expected to persist, prompting authorities to issue advisories for residents to take necessary…
by Sophia Johnson access_time1 year agochat_bubble_outlineLeave a comment
archi ceremonial reception olympic
News Sports
Ceremonial Welcome for Archi Champions
In a grand celebration, the leading development company Archi organized a ceremonial reception on August 14th to honor Olympic champions Lasha Talakhadze and Geno Petriashvili, as well as vice-champion Tato Grigalashvili. The event, held in the yard of Archi Central Park, saw members of Archi’s extended family gather to congratulate and express their gratitude to the champions. The CEO of Archi, Shio Khetsuriani, personally presented monetary awards to the athletes,…
by Jacob Wilson access_time1 year agochat_bubble_outlineLeave a comment
national bank of georgia
Economy News
The National Bank of Georgia Launches Specialized Trainings for Non-Banking Sector
In a significant move to enhance the capabilities of the non-banking sector, the National Bank of Georgia has introduced a specialized training module. This initiative, part of the bank’s educational projects, aims to address the unique challenges faced by non-banking institutions. The first series of trainings were conducted in the regions of Imereti, Samegrelo, and Adjara, providing participants with valuable insights and practical knowledge. Empowering the Non-Banking Sector The National…
by Herman Copeland access_time1 year agochat_bubble_outlineLeave a comment
georgian startup summit batumi
Economy News
Georgian Startup Summit and Startup World Cup Regional Competition to be Held on 20-21 August
The Georgian Startup Summit and Startup World Cup Regional Competition are set to take place on August 20-21 in Batumi. This event is a significant gathering for startup enthusiasts, offering unparalleled opportunities for networking, learning, and celebrating innovation. The summit will feature a variety of activities, including pitch competitions, high-level talks by international venture capitalists, and a beach party. The winner of the regional competition will advance to the global…
by Ethan Brown access_time1 year agochat_bubble_outlineLeave a comment
stepantsminda floodplain flood
News
Flood in Stepantsminda: Unnamed Ravine Overflows
On August 17, 2023, the eastern part of Stepantsminda, specifically the Targmani area, experienced a significant flood in the floodplain zone of an unnamed ravine. The National Environment Agency (NEA) reported that geologists evaluated the geodynamic conditions and issued recommendations for protective measures. While no significant damage to infrastructure was recorded, the NEA emphasized the need for a comprehensive plan to ensure the area’s sustainable functioning. Immediate Response and Evaluation…
by Emily Miller access_time1 year agochat_bubble_outlineLeave a comment
tbc fmo portfolio guarantee georgia
Business News
TBC and FMO Sign USD 30 Million Portfolio Guarantee to Support Georgian MSMEs
TBC Bank and the Dutch development bank FMO have signed a USD 30 million Nasira portfolio guarantee to support local micro, small, and medium-sized enterprises (MSMEs) in Georgia. Co-funded by the European Commission, the Nasira program aims to enhance access to finance for underserved segments, including young entrepreneurs, start-ups, women-owned businesses, and rural enterprises. This partnership underscores TBC’s and FMO’s shared commitment to fostering inclusive economic growth in Georgia. Strengthening…
by Sophia Johnson access_time1 year agochat_bubble_outlineLeave a comment
uae humanitarian aid sudan
News
UAE’s Humanitarian Efforts in Sudan: A Lifeline Amid Crisis
The United Arab Emirates (UAE) has been a steadfast supporter of humanitarian efforts in Sudan, providing crucial aid to alleviate the suffering of those affected by ongoing conflicts. With contributions amounting to billions of dollars over the past decade, the UAE’s commitment to Sudan is a testament to its dedication to global humanitarian relief. This article delves into the various facets of the UAE’s aid to Sudan, highlighting the impact…
by Jacob Wilson access_time1 year agochat_bubble_outlineLeave a comment
pearl harbor hero arlington national
News
Pearl Harbor Hero to be Laid to Rest After 81 Years
Herbert “Bert” Jacobson, a sailor who lost his life during the infamous attack on Pearl Harbor, will finally be laid to rest at Arlington National Cemetery. Jacobson, who was among the 400 sailors and Marines killed on the USS Oklahoma, has been an unsolved mystery for his family for over eight decades. The identification of his remains brings closure to his family and honors his sacrifice. A Long-Awaited Closure The…
by Herman Copeland access_time1 year agochat_bubble_outlineLeave a comment
ceremonial welcome for archi champions georgia sports
News Sports
Ceremonial Welcome for Archi Champions
On August 14, the leading development company Archi organized a grand ceremonial reception for Olympic champions Lasha Talakhadze and Geno Petriashvili, as well as vice-champion Tato Grigalashvili. The event took place in the yard of Archi Central Park, where members of Archi’s extended family gathered to congratulate and express their gratitude to the champions. The reception was a testament to Archi’s commitment to promoting Georgian sports and encouraging a healthy…
by Emily Miller access_time1 year agochat_bubble_outlineLeave a comment