Lion Finance Group (BGEO LN) shares closed at GBP 117.50/share (+8.10% w/w and +9.92% m/m). More than 375k shares traded in the range of GBP 108.50 - 117.60/share. Average daily traded volume was 89k in the last 4 weeks. The volume of BGEO shares traded was at 0.87% of its capitalization.TBC Bank Group (TBCG LN) closed the week at GBP 46.08/share (+3.13% w/w and +5.69% m/m). More than 445k shares changed hands in the range of GBP 43.80 - 46.92/share. Average daily traded volume was 66k in the last 4 weeks. The volume of TBCG shares traded was at 0.80% of its capitalization.Georgia Capital (CGEO LN) shares closed at GBP 45.10/share (+16.09% w/w and +12.33% m/m). More than 245k shares traded in the range of GBP 38.25 - 45.70/share. Average daily traded volume was 45k in the last 4 weeks. The volume of CGEO shares traded was at 0.71% of its capitalization.
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The Company hereby confirms that the National Bank of Georgia Georgian Lari/British Pounds Sterling average exchange rate for the period of 22 June to 26 June 2026 was 3.4967 and it shall be used to pay dividends to ordinary shareholders of the Company on 10 July 2026. Accordingly, the cash dividend payable will be approximately GBP 0.81505419 per ordinary share. Those shareholders who have not provided the appropriate bank account details to Computershare Investor Services PLC for payment of the dividend will be paid the dividend by cheque in British Pound Sterling.
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According to the Ministry of Environmental Protection and Agriculture, a corresponding amendment was made to the Government Resolution No. 304 of June 8, 2022, “On Technical Regulations - Plastic Materials and Products (Objects) Intended for Contact with Food”.According to the adopted amendment, new deadlines have been set for the imposed restrictions. In particular, the new date for the entry into force of the ban on single-use plastic food containers was set as January 1, 2027, while the ban on single-use cups will come into force from July 1, 2027.
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According to the minister, the mentioned amount was necessary to implement a new component, which involves the arrangement of fundamental port infrastructure, including berths, communications and other related infrastructure. The total investment volume of the project remains unchanged and amounts to $1.1 billion, although the proportion of financing is changing. Under the previous concept, the state's obligation was limited to the current infrastructure (breakwater and dredging), as well as the railway and access road, while the new model also includes the construction of berths.According to Mariam Kvrivishvili, $50-52 million has been optimized within the framework of the current construction works. Accordingly, instead of $250 million, the state will need to find an additional $200 million, which will be financed from budget funds and in cooperation with international financial institutions (IFIs). According to the minister, negotiations with international donors have already begun and there is great interest in the project. Private international operators will have to invest in fully equipping the berths.As for cooperation with the Chinese-Singaporean consortium, the minister noted that the parties will continue to work actively. “We remain in a very friendly and partnership mode with the Chinese side. We are confident that, given the importance of this project, we will see the involvement of the Chinese side in the updated model of the Anaklia port,” said Kvrivishvili. He also added that who specifically will be the representative of the Chinese side in the new model will become more clear in the ongoing work process.Ultimately, the state will invest in the Anaklia port in three directions: dredging and breakwater works, construction of a railway and a connecting road, and a new component - the construction of the main port infrastructure and berths.According to the original project of the Anaklia deep-water port, the port was supposed to receive its first ship in 2020. However, that same year, the Georgian government canceled the investment agreement signed in 2016 with the Anaklia Development Consortium, which delayed the implementation of the project for years.Later, on May 29, 2024, the government announced that a 49 percent stake in the port would be acquired by the Chinese-Singaporean consortium China Communications Construction Company. The company is a key player in China’s ambitious global project, the Belt and Road Initiative, but has been blacklisted by the United States for its destructive actions in the South China Sea.Despite the Chinese presence, Western partners are also interested in the project. In March 2026, the Anaklia Port plan was presented to Peter Andreoli, a representative of the Bureau of European and Eurasian Affairs of the US State Department, who was visiting Tbilisi. At this time, an official investment agreement has not yet been signed between the parties and work on detailed agreements is ongoing.According to Prime Minister Irakli Kobakhidze, at this stage, the first phase of the port is expected to be completed by 2029. In parallel with the construction of the port, work is also underway to arrange an access road and railway.
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The agency explains that with the new mechanism, companies carrying out international freight transportation between the two countries will have the opportunity to use permit documents in a fully digital format. This change will significantly simplify administrative procedures, reduce the need for processing physical (paper) documents, speed up the process of issuing permits and control, and increase the efficiency of the sector, the agency believes.According to Bakur Mikadze, Director of the Land Transport Agency, the digital permit system is based on a two-way principle, which means that both countries use a single electronic platform. This ensures fast and secure data exchange, reduces technical and administrative delays and creates a more transparent mechanism for the administration of shipments. According to him, a working group has been created at this stage and the agency plans to gradually convert the systems operating with other partner countries to a digital format.The agency believes that the launch of the ECMT (European Conference of Ministers of Transport Multilateral Permit) electronic system and the digital permit mechanism with Turkey are an important stage in the development of the sector. This reform will contribute to the development of the transport and logistics sector, the simplification of international trade and the further strengthening of Georgia's role as a regional transit hub.
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According to the mentioned model, the state will remain the owner of the main maritime and port infrastructure and will ensure its development and management. According to the minister, the Landlord model will give the country the opportunity to develop the Anaklia Port in partnership with several states and companies at the same time, which will create the best conditions for attracting cargo.Along with the creation of the port infrastructure, the state will provide for the arrangement of the road and railway to Anaklia with its own funds. As for the container and bulk cargo terminals, the necessary investments in this direction will be made by international investors and private operators.According to Mariam Kvrivishvili, the Georgian government particularly welcomes the investments made in the Anaklia port from the countries participating in the “Middle Corridor” - China, Central Asian states and Azerbaijan.“The decision is based on the main goal, with the participation of partner countries and taking into account their interests, the Anaklia port will become a center for the convergence of international interests, capital and cargo flows. This decision will further strengthen Georgia’s national interests, create new economic opportunities and make our country a key participant in the Middle Corridor project,” the Minister of Economy noted.According to the original design of the Anaklia Deepwater Port, the port was supposed to receive its first ship in 2020. However, that same year, the Georgian government canceled the investment agreement signed in 2016 with the Anaklia Development Consortium, which delayed the implementation of the project for years.Later, on May 29, 2024, the government announced that a 49 percent stake in the port would be acquired by the Chinese-Singaporean consortium China Communications Construction Company. This firm is one of the main players in China’s ambitious global project, the Belt and Road Initiative, but at the same time, it has been blacklisted by the United States due to its destructive actions in the South China Sea.Despite the appearance of the Chinese side, Western partners are also interested in the project. In March 2026, the Anaklia Port plan was presented to Peter Andreoli, a representative of the Bureau of European and Eurasian Affairs of the US State Department, who was visiting Tbilisi. At this time, an official investment agreement has not yet been signed between the parties and work on detailed agreements is ongoing.According to Prime Minister Irakli Kobakhidze, at this stage, the first phase of the port is expected to be completed by 2029. In parallel with the construction of the port, work is also underway to arrange an access road and railway.
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Tbilisi to host Uzbekistan-Georgia business forum on July 1
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EBRD To Fund ProCredit bank With 25 MLN EUAR
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Commercial Banks’ Net Profit Up By 20%
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Parliament initiates new licensing framework and 5% tax for foreign on...
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NBG made record net foreign exchange purchases
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