The FINANCIAL

USA, Sweden and MFO Crystal support Georgia's economic recovery from coronavirus

The FINANCIAL -- The Development Finance Corporation (DFC), the Swedish International Development Cooperation Agency (SIDA), the United States Agency for International Development (USAID), and JSC MFO Crystal (Crystal) jointly announced a loan guarantee program to support Georgia’s private sector to recover from the COVID-19 pandemic. The program, facilitated by USAID, will allow Crystal to ...

EU to generate €10 bln in investment in Africa and the EU Neighbourhood and stimulate global recovery

The FINANCIAL -- On 12 November, the European Commission took a major step forward in boosting investment in Africa and the EU Neighbourhood, helping to stimulate global recovery from the pandemic, ...

ADB and Luxembourg discuss boosting partnership

The FINANCIAL -- Asian Development Bank (ADB) President Masatsugu Asakawa and Luxembourg Minister of Finance and ADB Governor Pierre Gramegna in a call today discussed the ADB–Luxembourg ...

EU and China agree to protect each other’s food and drink specialities

The FINANCIAL -- On Wednesday, European Parliament backed an agreement between the EU and China to protect the names of 200 European and Chinese food specialties from ...

New web platform to support cultural industry in Ukraine during pandemic

The FINANCIAL --The new multifunctional web platform Hypermarket of Culture is now available in Ukraine. This web source will help artists, painters, musicians, hubs, galleries and museums to promote ...

eBay collaborates with Homes For Our Troops for Annual Veterans Day Auction

The FINANCIAL -- In honor of Veterans Day, eBay for Charity and Homes For Our Troops (HFOT) launch their fourth annual charity auction - helping to raise vital funds for injured service members. ...

EIB approves €400 mln for COVAX initiative to ensure global access to COVID-19 vaccine

The FINANCIAL -- The European Investment Bank (EIB) Board of Directors approved the EIB Group Climate Bank Roadmap 2021-2025 that will guide future EIB financing to support €1 trillion of climate ...

PM Gakharia expresses his gratitude to Ambassador of Japan for strengthening relations between two countries

The FINANCIAL -- Giorgi Gakharia, Prime Minister of Georgia spoke on the phone with H.E. Tadaharu Uehara, Extraordinary and Plenipotentiary Ambassador of Japan to Georgia today upon closure of his ...

Amazon announced new state-of-the-art fulfillment center in Mississippi

The FINANCIAL -- Amazon announced plans to launch a new, state-of-the-art fulfillment center in Madison County, creating more than 1,000 new, full-time jobs, with industry-leading pay and ...

Georgia pledges to a low-emission future

The FINANCIAL -- Georgia’s national path to achieving a climate-proof and economically and socially prosperous future was discussed last week at a workshop organised by the European Union (EU) and ...

IFC lends support to UniCredit Leasing to enhance SME and Climate financing in Romania

The FINANCIAL -- IFC, a member of the World Bank Group, is lending its support to UniCredit Leasing Corporation (UCLC), Romania's top leasing company, to increase access to finance for small and ...

IFC and TCX strengthen partnership to support capital flows into world's poorest countries

The FINANCIAL -- IFC, a member of the World Bank Group, and The Currency Exchange Fund (TCX) have bolstered their partnership to promote cross-border investment flows by helping investors manage ...

Georgian external trade down 15% (January - October 2020)

The FINANCIAL -- National Statistics Office of Georgia published express release of the External Merchandise Trade of Georgia in January-October 2020. External Merchandise Trade (excluding ...