Issue no: 1372
• NOVEMBER 4 - 10 2022 • PUBLISHED WEEKLY
PRICE: GEL 2.50
In this week’s issue... Georgian Gov’t Offers New Support Scheme to Investors for 1,500 MW HPPs Construction NEWS PAGE 2
Belarus, Abkhazia and the Separatist Regions POLITICS PAGE 4
Parliament Starts Consideration of Draft Law on Deoligarchization POLITICS PAGE 5
A Circular Economy For Georgia BUSINESS PAGE 7
FOCUS
ON REAL ESTATE INVESTMENT OPPORTUNITIES
Hebashi Holding Group and Georgia's Oti Real Estate Company present VIRTU, a leap in the real estate investment world
PAGE 6
Chateau Mukhrani: Grand Opening of a Georgian National Treasure BY MICHAEL GODWIN
S
teeped in history, the homestead for the descendants of Georgia's Bagrationi family has opened after years of renovation. Chateau Mukhrani, known for its popular brand of wines, opened its doors for hospitality and events in a ribbon-cutting ceremony that showcased the site’s decor. With both a dining and event space, the interior is decorated to elicit the former grandeur of this palatial estate. Designed in 1873 for Ivane Mukhranbatoni, one of the biggest Georgian landowners of that time and a modernizer of the winemaking industry, its construction took over 12 years. Much of its design and inspiration came from the Chateau of Versailles in France. This vision is reinvigorated by the renowned designer Juan Pablo Molyneux. Continued on page 8 The entrance to the Chateau’s event space. Photo by Mike Godwin
+1% — Terabank Has Launched a Campaign on Term Deposits BUSINESS PAGE 8
World Program of Eco-Schools in the Public Schools of Adjara SOCIETY PAGE 10
UK and UNDP Bring Georgian and Ossetian Scholars Together to Celebrate Caucasian Culture through the Ages CULTURE PAGE 11 Prepared for Georgia Today Business by
Markets As of 31ͲOctͲ2022
Price
w/w
m/m
STOCKS
w/w
m/m
GRAIL 07/28
77.65 (YTM 9.17%)
+1,2%
Ͳ1,4%
Bank of Georgia (BGEO LN)
GBP 21.25
+1,0%
+6,9%
GEBGG 07/23
BONDS
100.61 (YTM 5.13%)
Ͳ0,0%
Ͳ0,3%
Georgia Capital (CGEO LN)
GBP 6.25
+2,5%
+1,0%
GEOCAP 03/24
93.70 (YTM 11.26%)
+0,0%
Ͳ0,8%
TBC Bank Group (TBCG LN)
GBP 18.84
+2,3%
+12,9%
SILNET 01/27
92.59 (YTM 10.58%)
Ͳ0,1%
Ͳ3,7%
98.08 (YTM 7.01%)
+0,3%
Ͳ0,5%
TBC 06/24
COMMODITIES Crude Oil, Brent (US$/bbl) Gold Spot (US$/OZ)
INDICES
CURRENCIES
Price
Price
w/w
m/m
GEL / USD
2,7725
+0,6%
Ͳ1,7%
GEL / EUR
2,7400
+0,7%
Ͳ0,9%
+2,2%
+0,9%
Price
w/w
m/m
GEL / GBP
3,1775
94,83
+1,7%
+7,8%
GEL / CHF
2,7650
+0,5%
1 633,56
Ͳ1,0%
Ͳ1,6%
GEL / RUB
0,0448
+0,4%
Ͳ4,5%
GEL / TRY
0,1489
+0,5%
Ͳ2,2%
Ͳ3,1%
Price
w/w
m/m
GEL / AZN
1,6353
+0,3%
Ͳ1,8%
FTSE 100
7 094,53
+1,1%
+2,9%
GEL / AMD
0,0070
+2,2%
+0,9%
FTSE 250
17 889,93
+3,2%
+4,2%
GEL / UAH
0,0753
+0,9%
Ͳ1,6%
DAX
13 253,74
+2,5%
+9,4%
EUR / USD
1,0120
Ͳ0,1%
Ͳ0,8%
DOW JONES
32 732,95
+3,9%
+14,0%
GBP / USD
0,8719
Ͳ1,7%
Ͳ2,6%
NASDAQ
10 988,15
+0,3%
+3,9%
CHF / USD
1,0013
+0,0%
+1,4%
25,79
+6,6%
+13,1%
RUB / USD
61,9275
+0,0%
MSCI EM EE
+3,0%
848,16
+0,6%
Ͳ3,2%
TRY / USD
18,6134
+0,2%
+0,5%
SP 500
3 871,98
+2,0%
+8,0%
AZN / USD
1,6955
Ͳ0,0%
+0,0%
MSCI FM
1 972,37
+2,8%
+2,1%
AMD / USD
395,3900
Ͳ1,5%
Ͳ2,5%
MSCI EM