Tbilisi's Luxurious Biltmore Hotel Opens in Former Soviet Institute
facebook.com/ georgiatoday Issue no: 866/38 • AUGUST 2 - 4, 2016 • PUBLISHED TWICE WEEKLY PRICE: GEL 2.50 In this week’s issue... NBG Decreases Refi nancing Rate by 25 Points PAGE 2 Construction on Rikoti Pass Highway Begins PAGE 3 FOCUS ON VIEWS OF PROGRESS Foreign We spoke to management of Investment to PriceWaterhouseCoopers Georgia Develop Sports to see what expectations they have for the country this year PAGE 7 Tourism in Georgia Tbilisi’s Luxurious Biltmore Hotel Opens PAGE 5 Electricity Market Watch in Former Soviet Institute Building GALT & TAGGART PAGE 9 US House Committee on BY TAMAR SVANIDZE Foreign Affairs Supports he Soviet era Institute of Marx, Georgia’s Territorial Integrity, Engels and Lenin (IMELI) was offi cially turned into a luxurious We fi nd out Why hotel in the heart of Georgia’s capital city Tbilisi on Sunday. POLITICS PAGE 10 TThe USD 140 million, 214-room Biltmore Hotel Tbilisi offi cially opened to a lavish display of fi reworks and laser shows Sunday night. Dechert OnPoint: The 32-fl oor hotel is the fi rst hotel in Georgia to have a presidential suite, according to the Consumer Protection hotel’s fi nanciers, the UAE-based Arab Invest- ment Company. & the DCFTA Continued on page 2 PAGE 11 Prepared for Georgia Today Business by Markets Asof29ͲJulͲ2016 STOCKS Price w/w m/m BONDS Price w/w m/m BankofGeorgia(BGEOLN) GBP27.31 Ͳ0,2% +9,7% GEOROG04/21 104.13(YTM5.74%) Ͳ0,4% +0,4% GHG(GHGLN) GBP3.06 +1,3% +5,5% GEORG04/21 111.20(YTM4.22%) Ͳ0,2% +0,4% TBCBank(TBCBLI) US$13.20 Ͳ1,5% Ͳ GRAIL07/22 111.69(YTM5.42%) +0,2% +0,8%
[Show full text]