Trade and Economic Relations Between Georgia and Armenia in 2024: Declining Trend or New Opportunities?
The economic relationship between Georgia and Armenia has long been characterized by stability and mutual benefit. However, 2024 data reveals significant changes. Official statistics indicate that bilateral trade volume has
Global Wine Industry Decline and Georgia’s Challenges: Adapting to a New Reality
The global wine market is undergoing significant shifts, affecting both leading wine-producing countries and smaller yet tradition-rich markets like Georgia. By 2026, the global wine market is expected to shrink
Construction Sector in Georgia: 2024 Statistics and Challenges
2024 has been an exceptionally active year for Georgia’s construction sector. The number of building permits issued has significantly increased, reaching a total of 12,080, reflecting a 7.1% growth compared
Georgia’s Tourism Potential: Goals and Trends of Foreign Visitors
In recent years, Georgia has firmly established itself on the international tourism map. In 2024, the number of international visitors reached 5.4 million, reflecting a 5.4% increase compared to 2023.
Tbilisi Real Estate Market: Price Dynamics and a New Reality
The real estate market in 2024 remained highly active, with housing prices rising significantly in both old and new developments. However, the surge in prices is not solely driven by
A New Era of AI Investments – Microsoft and Meta’s Response to China’s Challenge
Tech giants Microsoft and Meta are not backing down in their commitment to investing in Artificial Intelligence (AI), despite the unexpected success of Chinese firm DeepSeek, which managed to develop
Average Income of the Middle Class in Georgia and Other Countries
Global Coffee Price Changes and Their Impact on the Georgian Market
