Business

UAE Developer Plans $6.6 Billion Real Estate Megaproject in Georgia

UAE Developer Plans $6.6 Billion Real Estate Megaproject in Georgia

A UAE investor has announced plans for a $6.6 billion real estate development in Georgia — the largest single foreign investment project in the country's history, with major implications for construction, employment, and GDP growth.

April 9, 2026
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Azerbaijan's Horadiz-Aghband Railway Nears Completion, Set to Carry 15 Million Tons

Azerbaijan's Horadiz-Aghband Railway Nears Completion, Set to Carry 15 Million Tons

Azerbaijan's Horadiz-Aghband railway, a critical missing link in the TRIPP corridor connecting Azerbaijan to its Nakhchivan exclave, is on track for commissioning by end-2026 with an initial capacity of 15 million tons per year.

April 9, 2026
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Armenia Braces for $13 Billion US Investment Push as Russia Ties Unwind

Armenia Braces for $13 Billion US Investment Push as Russia Ties Unwind

Armenia is preparing for over $13 billion in US-led investment — nearly half its annual GDP — as Yerevan deepens Western ties and a $4 billion AI expansion adds momentum to the pivot from Moscow.

April 9, 2026
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Armenia Faces 10% US Tariff as Economy Minister Meets Exporters to Assess Impact on $50 Million Trade

Armenia Faces 10% US Tariff as Economy Minister Meets Exporters to Assess Impact on $50 Million Trade

Armenia is subject to a 10% baseline US tariff under Trump's reciprocal duties order, with Economy Minister Papoyan convening exporters in April 2026 to assess the impact on aluminium, precious metals, agricultural products, and alcohol sectors.

April 9, 2026
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Armenia and Azerbaijan Resume Cross-Border Trade for First Time in Three Decades

Armenia and Azerbaijan Resume Cross-Border Trade for First Time in Three Decades

Longtime rivals Armenia and Azerbaijan have resumed direct cross-border trade for the first time since the Soviet era, marking a pivotal shift in regional economic ties.

April 7, 2026
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Armenia Pivots to High-Tech Economy with Focus on AI, Semiconductors and Clean Energy

Armenia Pivots to High-Tech Economy with Focus on AI, Semiconductors and Clean Energy

Armenia is reorienting its economic model toward high-technology industries, with artificial intelligence, semiconductor design and clean energy emerging as pillars of national development.

April 7, 2026
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Georgian Agricultural Exports Surge 15% in Q1 2026 Amid Trade Diversification Drive

Georgian Agricultural Exports Surge 15% in Q1 2026 Amid Trade Diversification Drive

Georgia's farming sector delivered an impressive start to 2026, with agricultural exports rising 15% year-on-year in Q1 as wine, mineral water and fresh produce find new overseas markets.

April 7, 2026
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Georgia Projects 6% GDP Growth in 2026 on the Back of Tourism and Foreign Investment

Georgia Projects 6% GDP Growth in 2026 on the Back of Tourism and Foreign Investment

Georgia is on track to expand by 6% in 2026 as tourism revenues approach $5 billion and major foreign investment projects accelerate across Tbilisi and Batumi.

April 7, 2026
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