Finance

ADB Opens Permanent Tbilisi Office and Commits Over $1 Billion to Georgia

The Asian Development Bank opened a permanent resident mission in Tbilisi and announced over $1 billion in new financing for Georgia's private and public sectors.

March 10, 2026

Min

Gulf States Deepen Strategic Investment Across Caucasus in Post-Oil Diplomacy Push

Gulf sovereign wealth funds and state-backed energy firms are becoming permanent economic partners across the South Caucasus, deploying capital in infrastructure, energy, and logistics.

March 10, 2026

Min

Georgia Dominates South Caucasus FDI with $1.3B, Dwarfing Regional Peers

Georgia attracted $1.334 billion in foreign direct investment in 2024, nearly six times Azerbaijan's $231 million and nearly ten times Armenia's $139 million, cementing its regional lead.

March 10, 2026

Min

S&P Upgrades Armenia Outlook to Positive, Affirms BB- Sovereign Rating

S&P Global Ratings revised Armenia's credit outlook from stable to positive and affirmed its BB- sovereign rating, projecting 5.3% GDP growth in 2026.

March 10, 2026

Min

The K-Economy: Navigating the Cultural Gold Rush from Seoul to Baku

As Azerbaijan continues its strategic pivot toward the non-oil sector, an unexpected blueprint for economic diversification has emerged from the East.

March 9, 2026

Min