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Rico Didn’t Receive USD 3,000 in Counterfeit Bills

According to Rico founder Lasha Nikolaishvili, the Ministry of Finance’s Investigation Service was immediately notified of the suspicious transaction. He also noted that the banknotes were highly professional forged, and their detection requires high-tech equipment, which is equipped in all branches of the microfinance organization.According to him, attempts to overheat counterfeit banknotes are not uncommon. There are 10-15 cases per month, although in small volumes and often the consumer does not even know that the banknote is counterfeit.

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Bank of Georgia Offers Mastercard Corporate Card

The first premium class business card in the region, which offers business customers exclusive opportunities. Among them are financial privileges: a multi-currency account and a high withdrawal limit.Travel privileges: USD 50,000 travel insurance with special conditions; access to more than 1,200 VIP lounges at international airports; priority boarding at more than 70 airports (6 times free); discounts and cashback at hotels; access to the Crisis24 Horizon platform.10% discount on Hertz Plus car rentals; Hertz Gold Plus Reward status for free; priority access to entertainment events on the Priceless Cities platform.The card is free for 1 year.“The Bank of Georgia is constantly working to offer business customers products that will simplify their operational activities.The Mastercard Corporate Card, along with financial flexibility, implies comfort and exclusive privileges,” said Zurab Kokosadze, Deputy Director General of the Bank of Georgia.

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Georgian Pension Fund Reports 14% Growth for Dynamic Portfolio

The Dynamic Portfolio, which has the highest share of international stocks among the fund’s portfolios, rose 1.7% in October, while the Balanced and Conservative Portfolios increased by 1.43% and 1.15%, respectively.Since the beginning of 2025, the year-to-date returns are significant: Dynamic Portfolio: 13.9% Balanced Portfolio: 11.83% Conservative Portfolio: 10.12% The Dynamic Portfolio continues to lead in annualized performance since its launch on August 6, 2023, with profitability reaching 14.8%, compared to 13.4% for the Balanced Portfolio and 12% for the Conservative Portfolio.The pension scheme now includes 1.686 million participants. As of October 31, 2025, 24,823 people received pensions totaling 112 million GEL. The fund’s total assets have grown to GEL 7.9 billion, generating over GEL 2.1 billion in income.The strong returns highlight the fund’s continued focus on diversified investments and long-term growth for participants.

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Giorgi Sakhokia appointed as Deputy Minister of Internal Affairs

Based on the first paragraph of Article 24 of the Law of Georgia “On the Structure, Powers and Rules of Activity of the Government of Georgia”, Giorgi Sakhokia is hereby appointed as Deputy Minister of Internal Affairs of Georgia”, the order reads.Biography of Giorgi Sakhokia:2001-2007 – Lawyer at Land Software Design LLC, rank of Police Lieutenant;2007-2012 – Various managerial positions at Silkneti JSC;2013-2014 – Head of the Internal Audit Service of the LEPL Service Development Agency of the Ministry of Justice;2014-2015 – Deputy Head of the Administration (Department) of the Ministry of Internal Affairs of Georgia;2015 – Deputy Head of the Public Information Division of the Administration (Department) of the Ministry of Internal Affairs of Georgia;2015-2018 – Head of the Public Information Division of the Administration (Department) of the Ministry of Internal Affairs of Georgia;2018-2019 – Head of the Administration (Department) of the Ministry of Internal Affairs of Georgia;2019-2020 – Head of the Office of the Prime Minister of Georgia;2020-2021 – Deputy Head of the Administration of the Government of Georgia;2021 – State Representative in Lanchkhuti, Ozurgeti and Chokhatauri Municipalities;2021-2025 – LEPL State Care and Assistance Agency for Victims and Sufferers of Trafficking, Advisor to the Director;2025 – Director of LEPL “Defense Volunteer” of the Ministry of Defense of Georgia;2025 – Rector of the LEPL Academy of the Ministry of Internal Affairs of Georgia;From November 10, 2025 – Deputy Minister of Internal Affairs of Georgia.

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Khutsishvili met with EIB’s Regional Representative

The ministry reports that during the introductory meeting, the parties reviewed the ongoing projects financed by the EIB.“The Minister of Finance briefed the guest on the current macroeconomic situation in the country, as well as medium-term forecasts and existing and upcoming investment projects”, - the Ministry of Finance stated.

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TBC Concept hosts the exhibition by David Meskhi and Tony Just

“The works I am showing here at TBC Concept Gallery were painted in Berlin this past year. They are based on drawings, memories and accidents” - Tony Just.“A seeker is someone who is searching and looking. This exhibition provided a context for me to reexamine how I make images. I came to this work seeking change. I was not after a single image but a selection of pictures from several bodies of works which create an atmosphere of uncertainty.  Athletes removed from the mat. Stripped of their original meaning and environment. These images are manipulated physically and digitally. It feels as though I’m moving through shadows towards something which is not yet fully seen. Where both presence and absence can co-exist” - David Meshki.Tony Just is a visual artist, born in the US. For the past 17 years he has lived and worked in Berlin, Germany. His work has been shown internationally. In the fall of 2021 and spring of 2022, he participated in the residency sponsored by Propaganda here in Tbilisi and also taught at VA(A)DS at Free University of Tbilisi. While here in Tbilisi he had a show of his books and a wall mural at Kona Books which was curated by Nina Akhvlediani. His work was included in the group show entitled Sanctuary last year at LC Queisser.Born in 1979 in Tbilisi (Georgia), David Meskhi grew up in a sporting environment: his father was a coach for the national gymnastics team of the former Soviet Union. He studied a joint honors degree in photography and cinema at Shota Rustaveli Theatre and Film University in Tbilisi. In 2015, he co-directed an award-winning documentary «When the Earth Seems to Be Light», a portrait of disenchanted Georgian youth.In 2024, the Musée d'art Moderne et Contemporain de Saint-Étienne Métropole (MAMC+) organized his first solo museum exhibition in France.Address: Marjanishvili 7, TBC Concept FlagshipOpening hours: Monday – Saturday, 10:00 – 20:00

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