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London top city destination in 2007
13/05/2008 16:11  (16:32 minutes ago)

london-tourists.jpgThe FINANCIAL -- According to caterersearch, London remained the number one city destination in the world for international travel in 2007, official figures have revealed.

  Hyatt signs recruitment support deal
  Marriott Opens Courtyard by Marriott Hong Kong
  IATA Signs Agreement with ASECNA
MegaFon plans to invest $4.6 bln in Iran
13/05/2008 10:24  (22:19 minutes ago)

The FINANCIAL -- According to RIA Novosti, MegaFon [RTS: MEGF], Russia's third largest mobile operator, is ready to invest around 3 billion euros ($4.6 billion) in its business in Iran, the company's general director said on May 12.

  Oracle Introduces Oracle’s JD Edwards EnterpriseOne Financial Management and Compliance Console
  Cisco Introduces Personal TelePresence
  Intel International Science and Engineering Fair Opens On May 12
Courtyard Marriott Tbilisi - Diamond Hotel of the Year 2007
12/05/2008 12:33  (1 Day 20:10 minutes ago)

The FINANCIAL -- The Courtyard by Marriott Tbilisi showed Highest Guest Satisfaction worldwide for Elite Recognition, Service, and Cleanliness of Suite, Marriott management told The FINANCIAL. Besides these awards the Courtyard by Marriott Tbilisi received the highest award Diamond Hotel of the Year 2007.

  Hyatt signs recruitment support deal
  Marriott Opens Courtyard by Marriott Hong Kong
  IATA Signs Agreement with ASECNA
Four Canon products win top awards in Europe
09/05/2008 10:33  (4 Day 22:10 minutes ago)

The FINANCIAL -- Four Canon products were recognized with "Best Product 2008" awards by the prestigious Technical Image Press Association (TIPA), representing 30 photography and imaging magazines across 13 European countries.

  Oracle Introduces Oracle’s JD Edwards EnterpriseOne Financial Management and Compliance Console
  Cisco Introduces Personal TelePresence
  Intel International Science and Engineering Fair Opens On May 12
World News
EU could give mandate for talks with Russia in June
13/05/2008 15:16  (17:27 minutes ago)

The FINANCIAL -- According to RIA Novosti, the EU could issue a mandate for the start of talks with Russia on a new partnership deal after the end of this month, Russia's envoy to the 27-nation bloc said on May 13.

Read more...
President Bush sets out on Mideast tour
13/05/2008 13:37  (19:06 minutes ago)

The FINANCIAL 00 WASHINGTON, U.S. President George Bush will depart on May 13 on a six-day Middle East tour with stops in Israel, Saudi Arabia, and Egypt, the White House said on May 13.

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Powerful new earthquake hits China's Sichuan province
13/05/2008 12:50  (19:53 minutes ago)

The FINANCIAL -- A powerful aftershock from May 12th earthquake in the southwest Chinese province of Sichuan hit the regional capital Chengdu on May 13, official news agency Xinhua reported.

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Death toll in Chinese earthquake rises to nearly 10,000
13/05/2008 11:21  (21:22 minutes ago)

The FINANCIAL -- BEIJING, Almost 10,000 people are now believed to have died as a result of the powerful earthquake that struck China on May 12, the country's Xinhua news agency has reported.

Read more...
750 foreign journalists to cover Queen Elizabeth’s Turkey visit
13/05/2008 11:12  (21:31 minutes ago)

The FINANCIAL -- According to Today's Zaman, queen Elizabeth II will arrive in Turkey on May 13 for a four-day official visit, accompanied by her husband, Prince Philip, the Duke of Edinburgh.

Read more...
Economic Opportunity Replaces Conflict in Iraq
13/05/2008 10:39  (22:04 minutes ago)

The FINANCIAL -- The U.S. Agency for International Development's (USAID) Agribusiness Program, 'Inma,' is leading the way to economic recovery in the city of Balad, 50 miles north of Baghdad.

Read more...
  Medvedev, Bush agree to prepare for Japan talks
  Russia offers help to China after earthquake claims 8,500 lives
  IAEA holding talks in Tehran
Interviews
Israeli Investment Volume to be increased by 500%

The FINANCIAL -- The FINANCIAL interviewed Itsik Moshe, President of the Israel-Georgia Chamber of Business (IGCOB), regarding the major highlights in Georgian-Israeli business-economic relations within the 10 years of IGCOB activities and the strategy Israeli investors might have set in different sectors of Georgia’s economy.

Read more...
Israeli Marenico Group Investments in Georgia Exceeded USD 100 Million

The FINANCIAL -- The FINANCIAL interviewed Zeev Frenkiev, General Director of Tsavkisi Valley, a company by Marenico Group in Georgia, regarding the Tsavkisi projects initiated by the group in the country.  

Read more...
Real Estate prices in Georgia Higher than in Eastern Europe

shalva-chxaidze.jpgThe FINANCIAL --  Shalva Chkhaidze, Sales and Marketing Director of Sarke Research Ltd., explains why real estate in Georgia is more expansive than in Eastern Europe.

Read more...
  iPhone Coming Soon to Georgia
  “Yes, we have excellent success stories in Georgia”
  DLA Piper Finds Success in Georgia
OP-ED
Dynamics of the New Creative Economy: Hanging Out in Tbilisi’s Hangar Bar and Grill
Read more...
  There Are No Rose Bushes Without Thorns: On the Business of Revolutions and Pipeline Politics
  Customer Service in Georgia: The Good, the Bad, and the Ugly
  Georgia - New Old World
TRAVEL BIZ »
   London top city destination in 2007
   Courtyard Marriott Tbilisi - Diamond Hotel of the Year 2007
   IATA: Global Traffic Continues to Slow
PRESS RELEASES »
   SME Support Project to Help Develop a Strong Primary Mortgage Market in Georgia
   More leading business organizations join ICC-Georgia
   STANDARD BANK new unit in Didi Digomi
FINANCIAL »
   UPS Freight Accelerates Shipping for Customers in 11 States
   New UPS Facility in Arkansas to Accomodate Future Growth
   News Corporation Names Tom Mockridge Chief Executive, European Television
UKRAINE »
   Tymoshenko says she endured humiliation for four months
   Yushchenko calls on government to form transparent prices policy
   Tymoshenko lays down conditions for unblocking parliament
GEORGIA »
   Opposition Politicians Trade Barbs
   Moscow Slams U.S. Official for ‘Incorrect Statements’
   Canada Concerned over Abkhaz Tensions
WORLD »
   NATO Focus on BTC Security
   Moody's assigns Baa1/Ba2 ratings to Republic of Montenegro
   Moscow becomes world's billionaire capital-Forbes
BANKS »
   SG Consumer Finance acquires Ikar Bank in Ukraine
   HSBC opens new North American Headquarters
   VTB and Standard & Poor’s hold joint conference
BUSINESS »
   A.M. Best Affirms Ratings of Arab Orient Insurance Company
   Allianz Group in the first quarter 2008
   Swiss Re ratings affirmed at 'AA-'; outlook stable - Fitch
TECH »
   HP Announces Preliminary Second Quarter Results; Raises Full Year Earnings, Revenue Outlook
   Gulf Oil Selects Oracle Applications to Support Corporate Growth Strategy
   Oracle Introduces Oracle’s JD Edwards EnterpriseOne Financial Management and Compliance Console
MARKETS »
   CA, Inc. to Join the NASDAQ-100 Index Beginning May 19, 2008
   Semi-Annual Changes to the NASDAQ Biotechnology Index
   The Spanish Exchange trades 36 new warrants by Société Générale
B SCHOOLS »
   Julia Belluz wins second Bernard Levin Award
   Lynda Gratton shares insights in Singapore
   2008 Financial Times Executive Education rankings
SPECIAL REPORTS »
   NATO: Kyiv, Tbilisi Face More NATO Obstacles Than Simply Russian Resistance
   EBRD publishes report on economic impact of remittances on Azerbaijan, Georgia and Moldova
   President Bush Meets with President Saakashvili of Georgia
Banks
Eurasian Bank looks to invest in Russia-China electricity exports
13/05/2008 17:29  (15:14 minutes ago)

The FINANCIAL -- According to RIA Novosti, the Eurasian Development Bank (EADB) has expressed interest in a project by Russian electricity export-import operator Inter RAO UES for electricity deliveries to China, a bank spokesman said on May 13.

Read more...
  Bank of Georgia Buys Belarus Bank
  Wachovia Announces Jane Sherburne To Become New General Counsel
  Morgan Stanley Closes $4.0 Billion Global Infrastructure Fund
Markets
CA, Inc. to Join the NASDAQ-100 Index Beginning May 19, 2008
13/05/2008 13:50  (18:53 minutes ago)

The FINANCIAL -- CA, Inc. (Nasdaq:CA) of Islandia, New York, will become a component of the NASDAQ-100 Index(r) (Nasdaq:IXNDX), the NASDAQ-100 Equal Weighted Index (Nasdaq:NDXE), and the NASDAQ-100 Technology Sector Index (Nasdaq:NDXT) prior to market open on Monday, May 19, 2008.

Read more...
  Semi-Annual Changes to the NASDAQ Biotechnology Index
  The Spanish Exchange trades 36 new warrants by Société Générale
  NASDAQ OMX Announces First Combined Quarterly Results
Airlines Schedule
TRAVEL BIZ
Kaua'i Welcomes The Westin Princeville Ocean Resort Villas
13/05/2008 11:00  (21:43 minutes ago)

The FINANCIAL -- Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) recently welcomed its first guests and owners to its third vacation ownership resort in Hawai'i, The Westin Princeville Ocean Resort Villas.

Read more...
IHG signs agreement to develop its first property in Syria
12/05/2008 17:42  (1 Day 15:01 minutes ago)

The FINANCIAL -- InterContinental Hotels Group (IHG) has signed an exclusive agreement with MAK Hotel Holdings, a member of the M.A. Kharafi Group of Kuwait, to develop an InterContinental Hotel in the Syrian capital.

Read more...
  Iberia and IE Business School Sign Cooperation Agreement
  Oman Air posts 50% increase in passengers
  David Elsewhere is Everywhere in the New TownePlace Suites by Marriott
Oil&Auto
Nissan Net Income Up 7.4% At 482.3 Billion Yen In FY2007
13/05/2008 11:50  (20:53 minutes ago)

The FINANCIAL -- Nissan Motor Co., Ltd., on May 13 announced financial results for the fiscal year 2007, ending March 31, 2008, and filed the following results with the Tokyo Stock Exchange:

Read more...
  Ford's Teen Safe Driving Efforts Lauded As Illinois Teen Fatalities Reduced
  Can History Be Repeated?Select Global University Students Compete To Create 21st Century Model T
  Chicago To Get More Than $1 Million From Ford
CityLife
For Bush wedding, a veil of privacy
10/05/2008 13:14  (3 Day 19:29 minutes ago)

The FINANCIAL -- According to chicagotribune.com, so, there's a wedding here on May 10 night. Maybe you've heard?

Read more...
  Canadian Native Jayde Nicole Is Playboy's 2008 Playmate of the Year
  Mariah Carey marries actor Nick Cannon
  Kate Hudson Tops List of Most Beautiful People
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INSURANCE
A.M. Best Affirms Ratings of Arab Orient Insurance Company
13/05/2008 10:48  (21:55 minutes ago)

The FINANCIAL -- A.M. Best Co. has affirmed the financial strength rating of B+ (Good) and issuer credit rating of "bbb-" of Arab Orient Insurance Company (Arab Orient) (Jordan). The outlook for both ratings is stable.

Read more...
Allianz Group in the first quarter 2008
09/05/2008 12:20  (4 Day 20:23 minutes ago)

The FINANCIAL -- Allianz Group weathered difficult market conditions in the first quarter of 2008, which were due to the continuing credit crisis and weak equity markets worldwide.

Read more...
  Swiss Re ratings affirmed at 'AA-'; outlook stable - Fitch
  A.M. Best Downgrades Ratings of AequiCap Insurance Company
  Energy Risk Names Swiss Re transaction “Deal of the Year”
Politics
Moscow Slams U.S. Official for ‘Incorrect Statements’
13/05/2008 13:47  (18:56 minutes ago)

The FINANCIAL -- According to Civil Georgia, the Russian Foreign Ministry has slammed Mathew Bryza, the U.S. Deputy Assistant Secretary of State for European and Eurasian Affairs, for his statements concerning MOSCOW ’s “provocative moves” and accused him of bias in favor of Tbilisi .

Read more...
  Canada Concerned over Abkhaz Tensions
  Russian, U.S. Presidents Discuss Georgia
  Georgia’s UN Envoy Visits Sokhumi
PR Releases
SME Support Project to Help Develop a Strong Primary Mortgage Market in Georgia
21/04/2008 20:58  (22 Day 11:45 minutes ago)

Tbilisi – On April 22, 2008 from 10:00 a.m. to 2:00 p.m. the USAID-supported Small and Medium Enterprises (SME) Support Project is hosting the workshop Minimum Quality Standards for Mortgage Lending (MQS) to take place in the Courtyard by Marriott Ballroom.

Read more...
More leading business organizations join ICC-Georgia
21/04/2008 11:56  (22 Day 20:47 minutes ago)

The FINANCIAL -- More businesses and business organizations are joining ICC-Georgia, the country’s most representative business organization.

Read more...
  STANDARD BANK new unit in Didi Digomi
  ICC-Georgia’s first business luncheon a success for SMEs
  ICC-Georgia and SME Support Project host first business luncheon
Pharmacy
Lilly Completes Final Phase of Its Indianapolis Biotechnology Complex
13/05/2008 13:29  (19:14 minutes ago)

The FINANCIAL -- Eli Lilly and Company (NYSE: LLY) announced on May 12 completion of the final phase of its $1 billion effort to further strengthen the company's biotechnology research and development capabilities.

Read more...
  Lapatinib (Tykerb/Tyverb) to be investigated in landmark early breast cancer trial
  EFPIA: Zero tolerance for counterfeit medicines
  FDA Approves Strattera for Maintenance of ADHD in Children and Adolescents
Jobs
Chairman and CEO of United Techonologies Corporation to Join BP Board
11/02/2008 20:43  (92 Day 11:00 minutes ago)

The board of BP announced today that it has appointed Mr George David as a non-executive director of BP p.l.c. with immediate effect.

Read more...
  Caucasus Online Creates Vacancies for Students
  The LAS started selection of interns
  Caucasus Online to recruit 300 students

Links
  Basis Bank
  Bank Republic
  TBC Bank
  Investbank
  Independent Association of Georgian Journalists
  Business Travel
  BestGeorgianBanks
  Finchannelmail
  Cartu Bank
  People's Bank
  Lukoil Georgia
  Standard Bank
  VTB Georgia
  Wissol
  Sarke Consulting


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