Category: NEWS
Georgian small businesses will get expanded support
As Mayor Kakha Kaladze said during a municipal government meeting, Tbilisi City Hall is expanding its ‘Micro and Small Business Support’ initiative. This pilot project will become a full-fledged program with significantly increased financial backing for local entrepreneurs.
The increase in the maximum co-financing limit, which rises from 20,000 GEL to 50,000 GEL, will be the central change under the updated program. Notably, approximately 50 businesses received support to acquire equipment and grow their operations due to the expansion at the pilot phase.
A tiered co-financing model based on project size is introduced by the program. Projects under 5,000 GEL will get up to 90% funding. Projects between 5,000 and 20,000 GEL – 85%, projects between 20,000 and 30,000 GEL – 80%, and projects between 30,000 and 50,000 GEL – 70%.
City Hall officials will give priority to applicants with operational businesses and clearly defined development plans.
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Read moreKazakhstan’s trade turnover with the UK grew up to $1.6 billion
The United Kingdom and Kazakhstan have signed a new agreement expanding cooperation in energy, trade, and technology, as both sides look to surpass last year’s $1.6 billion trade turnover in 2025. Also, Kazakhstan is set to host branches of British universities.
As Deputy Foreign Minister Arman Issetov said during the April 16 session, Kazakhstan’s Senate (Parliament’s upper chamber) outlined the plans and ratified a strategic partnership and cooperation agreement.
Another issue Kazakhstan is working on is simplifying visa procedures with the UK. Students, academics, business representatives, and official delegations will be the target audience. According to Issetov, there is an imbalance, especially when the UK has tightened migration requirements.
As Isetov said, the presence of British oil majors Shell and BP in Kazakhstan is expanding. He denied previous reports of Shell’s potential withdrawal from the Kazakh market.
The Minister said that the Ministry of Energy and Shell signed a new exploration contract in the Aktobe Region in March, which will run until 2032.
He also mentioned BP’s activity: KazMunayGas and BP recently signed an agreement on geological exploration in the Mangystau Region.
As Isetov highlighted, the bilateral trade between Kazakhstan and the UK attained $1.6 billion last year. It is a great progress compared with $886 million in 2024 and $1.2 billion in 2023.
Raw materials, including oil and rare earth metals are main Kazakhstan’s export items. Meanwhile vehicles, machinery, pharmaceuticals, and construction equipment come from the UK.
Education is another important field of cooperation. The sides signed the agreement that lets UK universities open branches in Kazakhstan. This will help strengthen academic exchange, train specialists, and improve access to international education.
Recent agreements signed in London, such as a memorandum on university cooperation, are the basis of the initiative. They expect it to enhance the country’s human capital development.
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Read moreSerbia gets new law on takeovers – Stricter rules, greater shareholder protection
Illustration (Photo: Unsplash / Romain Dancre)Illustration The Ministry of Finance has launched a public debate on the Draft Law on Takeovers of Joint Stock Companies, which brings significant changes to the way companies are taken over on the domestic capital market. The aim of the new regulations is, as stated, to strengthen transparency, prevent abuses […]
Read moreUkraine to Revise List of Countries Posed a Migration Risk: What Will Change for Foreigners and Businesses
Ukraine plans to revise the list of countries posed a migration risk, which will affect the employment of foreigners. Find out what changes are in the works, who they will affect, and how this will impact businesses and migration procedures Ukraine is preparing to change its approach to compiling the list of so-called “migration risk” […]
Read moreKazakhstan Expands UK Partnership with Visa Talks and Growing $1.6 Billion Trade
Kazakhstan is set to host branches of British universities and expand cooperation in energy, trade, and technology under a new agreement with the United Kingdom, as both sides look to surpass last year’s $1.6 billion trade turnover in 2025. The plans were outlined as Kazakhstan’s Senate (Parliament’s upper chamber) ratified a strategic partnership and cooperation […]
Read moreTbilisi expands support for small businesses
Tbilisi City Hall is expanding its ‘Micro and Small Business Support’ initiative, transforming the pilot project into a full-fledged program with significantly increased financial backing for local entrepreneurs, Mayor Kakha Kaladze said during a municipal government meeting. A central change under the updated program is the increase in the maximum co-financing limit, which rises from […]
Read moreEmployment in the EU: Unemployed Ukrainians Risk Losing Their Status After 2027
Once temporary protection expires in 2027, the rules governing Ukrainians’ stay in the European Union may change significantly. Find out who risks losing their status without formal employment, what alternative grounds for legalization exist, and why it’s worth preparing for these changes now. The question of the future of millions of Ukrainians in Europe after […]
Read moreA job in the IT sector is no longer what it used to be
“Pick one technology and develop to the maximum in it” – that is advice I would no longer dare to give, Miloš Turinski from Infostud told RTS, explaining what employers value today in the IT sector. He also outlined which job positions are in demand and which are not, the impact of artificial intelligence on […]
Read moreKazakhstan’s top employment regions revealed
Kazakhstan’s labor market showed positive dynamics in 2025, with the total employed population rising to 9.32 million people – an increase of 106,000 compared to 2024, Qazinform News Agency reports. Growth was observed among both men (4.81 million, up from 4.76 million) and women (4.51 million, up from 4.45 million). Urban areas accounted for 5.91 […]
Read moreThe average monthly salary in the business sector is 2,608 GEL
In the IV quarter of 2025, the average number of persons employed in business sector equaled 839.2 thousand, which is year-on-year 3.4 percent more. Out of the total number of persons employed, 43.3 percent were female and 56.7 percent were male. The total number of employees amounted to 782.8 thousand (year-on-year 2.4 percent more) and […]
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