Business

Georgia's Transit Corridor Handles 286,000 Trucks as Digital Permits Expand

Georgia's Transit Corridor Handles 286,000 Trucks as Digital Permits Expand

Around 286,000 trucks have crossed Georgia's transport corridor this year, 9,200 more than in 2025, as Tbilisi launches a fully digital freight permit system with Uzbekistan.

August 27, 2026
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EU Lines Up €2 Billion for Caucasus Transport as BTK Railway Hits Full Capacity

EU Lines Up €2 Billion for Caucasus Transport as BTK Railway Hits Full Capacity

The EU launched a new connectivity platform in August 2026 targeting €2 billion for Black Sea and South Caucasus infrastructure, as the modernized Baku–Tbilisi–Kars railway reaches 5 million tons of annual capacity.

August 26, 2026
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Georgia's Economy Grows 7.9% in First Half of 2026, Outpacing IMF Forecast

Georgia's Economy Grows 7.9% in First Half of 2026, Outpacing IMF Forecast

Georgia's GDP expanded 8.6% in June and 7.9% across the first half of 2026, beating IMF projections as corridor freight traffic and banking momentum lift the economy.

August 26, 2026
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Armenia Seeks 'Friendly' Rework of Russian Railway Concession as Freight Halves

Armenia Seeks 'Friendly' Rework of Russian Railway Concession as Freight Halves

Yerevan wants to resolve its 2008 railway concession with Russian-owned South Caucasus Railway amicably, as halved freight volumes and unfulfilled investment stall reopening plans.

August 25, 2026
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US Companies Sign Over $8 Billion in Commercial Deals With Azerbaijan

US Companies Sign Over $8 Billion in Commercial Deals With Azerbaijan

American firms have concluded commercial agreements worth more than $8 billion with Azerbaijan, according to the US State Department, marking a step change in bilateral commercial engagement.

August 25, 2026
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Kirill Rubinski Named NEQSOL Holding CEO

Kirill Rubinski Named NEQSOL Holding CEO

NEQSOL Holding has appointed Kirill Rubinski CEO, effective immediately. The 30-year investment banking veteran takes over from Yusif Jabbarov, who becomes Chairman.

August 23, 2026
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Armenian Farmers Block Highways as Russian Import Ban Squeezes Produce Exports

Armenian Farmers Block Highways as Russian Import Ban Squeezes Produce Exports

Farmers in Armenia's Armavir province blocked a highway as a near-total Russian ban on Armenian produce leaves harvests unsold, with Moscow setting strict conditions for resuming imports.

August 18, 2026
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Georgia Opens Tenders for $250 Million ADB-Financed Tbilisi Bypass Road

Georgia Opens Tenders for $250 Million ADB-Financed Tbilisi Bypass Road

Georgia has announced tenders for two lots of a $250 million Tbilisi bypass connecting the E60 highway with the Kakheti Highway, financed by an Asian Development Bank loan.

August 18, 2026
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