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South Caucasus News

ERBD Provides €236 Million Road Construction Loan to Armenia


The European Bank for Reconstruction and Development (EBRD) will provide a €236 million loan to Armenia to finance the construction of the twenty-four kilometer southern section of the Sisian-Kajaran road, a part of the North-South Corridor.

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South Caucasus News

Yerevan Mayor to Paris for Talks


A delegation led by Yerevan Mayor Tigran Avinyan leaves for Paris today on a four-day visit and is scheduled to meet with Paris Mayor Anne Hidalgo and Valérie Pécresse, President of the Regional Council of Île-de-France.

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South Caucasus News

Deputy minister: Azerbaijan planning to introduce modern irrigation systems on 150,000 hectares


It is necessary to apply innovative technologies for saving water resources in Azerbaijan’s agriculture, Deputy Minister of Agriculture Sarvan Jafarov said at the opening ceremony of Azerbaijan International Agriculture Caspian Agro and 29th Azerbaijan In


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South Caucasus News

Russian general: Decision to withdraw peacekeepers followed Armenia’s official recognition of Azerbaijan’s territorial integrity


After Armenia officially recognized the territorial integrity of Azerbaijan, Moscow and Baku made a joint decision to start the process of withdrawing the Russian peacekeeping contingent as the peacekeeping activity reached its goal, the commander of the


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South Caucasus News

Azerbaijan hails Russian peacekeepers’ efforts to ensure peace in Karabakh – News.Az


Azerbaijan hails Russian peacekeepers’ efforts to ensure peace in Karabakh  News.Az

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South Caucasus News

Head of Presidential Administration of Azerbaijan Samir Nuriyev meets with Belarusian Deputy PM Igor Petrishenko … – AzerNews.Az


Head of Presidential Administration of Azerbaijan Samir Nuriyev meets with Belarusian Deputy PM Igor Petrishenko …  AzerNews.Az

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South Caucasus News

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South Caucasus News

People gather outside church in central Yerevan for rally



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Audio Review - South Caucasus News

Georgian Companies’ Shares Drop on London Stock Exchange After Adoption of Agents Law


After the adoption of the Russian-style foreign agents law in its third and final reading, the prices of shares of Georgian companies listed on the London Stock Exchange fell significantly. While prices of large companies often fluctuate, today’s sharp drop was seen by some experts as a direct result of the adoption of the highly controversial Foreign Agents Law, which triggers sanctions from the West.

Within hours of today’s trading, as of 15:00 Tbilisi time, Bank of Georgia shares plunged about 15 percent.

Source: londonstockexchange.com

Shares of Georgia Capital fell by around 9 percent.

Shares of TBC Bank saw an 12 percent drop

Also Read:


Categories
South Caucasus News

Georgian Companies’ Shares Drop on London Stock Exchange After Adoption of Agents Law


After the adoption of the Russian-style foreign agents law in its third and final reading, the prices of shares of Georgian companies listed on the London Stock Exchange fell significantly. While prices of large companies often fluctuate, today’s sharp drop was seen by some experts as a direct result of the adoption of the highly controversial Foreign Agents Law, which triggers sanctions from the West.

Within hours of today’s trading, as of 15:00 Tbilisi time, Bank of Georgia shares plunged about 15 percent.

Source: londonstockexchange.com

Shares of Georgia Capital fell by around 9 percent.

Shares of TBC Bank saw an 12 percent drop

Also Read: