“On behalf of the Government of Georgia, I congratulate you on your election as the Supreme Leader of the Islamic Republic of Iran. Georgia attaches great importance to the partnership between our two countries and peoples, founded on mutual respect. I wish the Iranian people peace and prosperity,” states the Prime Minister of Georgia in his congratulatory message.Other regional leaders also congratulated Mojtaba Khamenei on his election. On March 9, Armenian Prime Minister Nikol Pashinyan and Azerbaijani President Ilham Aliyev sent him official congratulatory letters. The latter also ordered the sending of humanitarian aid to Iran.Russian President Vladimir Putin also congratulated the new Iranian leader.Iran's Assembly of Experts held the elections in the context of an ongoing war against Iran.Tbilisi (GBC) - Irakli Kobakhidze, Prime Minister of Georgia has sent an official message of congratulations to Mojtaba Khamenei on his election as the Supreme Leader of the Islamic Republic of Iran.The situation in the region remains extremely tense, and the election of the son of the previous leader is perceived by Iran as a signal of continuity and continuation of its tough political line.

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According to Samkharadze, the agreements reached need to be put into action, which will ultimately lead to the improvement and “reset” of relations between the two countries.At the same time, the Committee Chairman also discussed the details of the meeting with the OSCE Parliamentary Assembly delegation. He emphasized that the visit is regular and has no connection with the “Moscow mechanism.” According to Samkharadze, the OSCE President’s visit was planned last year and its main purpose is to discuss security issues and the situation in the occupied territories.According to the MP, the main topic of the meeting was the threats arising from the occupation and support for Georgia’s territorial integrity. As for internal political processes, Nikoloz Samkharadze noted that the conversation touched on the developments after the 2024 elections, although issues related to protests and re-elections were not on the agenda at all. According to him, any other interpretation of this visit is unfounded speculation.The 23 OSCE participating States launched the Moscow Mechanism on Georgia on 29 January “to assess Georgia’s implementation of its OSCE commitments, with a particular focus on developments since autumn 2024.”The OSCE Moscow Mechanism expert mission began its work in Georgia on 11 February.

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Lion Finance Group (BGEO LN) shares closed at GBP 106.10/share (-8.77% w/w and +6.15% m/m). More than 320k shares traded in the range of GBP 104.20 - 118.20/share. Average daily traded volume was 59k in the last 4 weeks. The volume of BGEO shares traded was at 0.74% of its capitalization.TBC Bank Group (TBCG LN) closed the week at GBP 43.15/share (-10.29% w/w and +1.17% m/m). More than 351k shares changed hands in the range of GBP 43.00 - 48.05/share. Average daily traded volume was 70k in the last 4 weeks. The volume of TBCG shares traded was at 0.63% of its capitalization.Georgia Capital (CGEO LN) shares closed at GBP 35.75/share (-4.03% w/w and +9.83% m/m). More than 318k shares traded in the range of GBP 35.00 - 37.40/share. Average daily traded volume was 64k in the last 4 weeks. The volume of CGEO shares traded was at 0.91% of its capitalization. 

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In detail:• The residential segment index decreased by 4.8 percent compared to the previous month and increased by 3.5 percent compared to the same month of the previous year;• The non-residential segment index decreased by 1.9 percent compared to the previous month and increased by 17.7 percent compared to the same month of the previous year;• The civil segment index decreased by 4.1 percent compared to the previous month and increased by 0.9 percent compared to the same month of the previous year.In January 2026 the Construction Cost Index (CCI) decreased by 4.0 percent compared to the previous month. The change was mainly due to a 24.5 percent decrease in average monthly nominal wages of employees in the construction sector, which contributed -4.38 percentage points to the total index change.Compared to January 2025 the CCI increased by 4.3 percent. The latter was largely caused by the 18.8 percent increase in average monthly nominal wages of employees in the construction sector and by the 4.8 percent increase in the category of other costs, which contributed 4.82 and 0.31 percentage points to the total index change, respectively. Along with this, the Construction Cost Index posted a 24.0 percent increase compared to February 2022.The following table presents the CCI in January 2026, compared to the previous month and the same month of the previous year, as well as the contributions of cost categories and segments to the total index.

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According to him, the tariff set in December last year was temporary, as some parameters required additional study. These parameters are currently being refined."The regulatory agency set a temporary tariff for electricity in December last year, as certain parameters needed to be refined. These parameters are currently being refined," Narmania said.He said that the decision on the tariff change will be announced by the end of the month, although it is not yet known whether the tariff will increase for consumers.“As soon as it is clarified, we will make a relevant decision by the end of this month. It will be difficult for me to answer specifically what will happen to the tariff and how much it will increase, since the relevant work is still underway,” he explained.When asked whether the tariff will indeed be revised at the end of the month, Narmania confirmed that the commission will make a decision within this period.In December 2025, instead of the price increase announced for months, the Energy Commission of Georgia maintained the existing tariffs for three months (until March 31, 2026) in order to have time to clarify the energy balance, generation forecasts, company costs and investments.The regulator has not yet specified the scale or direction of the increase.

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During the meeting, the parties discussed priorities for the bilateral partnership, including economic development and improving the quality of life for the population. Masato Kanda congratulated the Prime Minister on the country’s “strong macroeconomic parameters” and the completion of the Rikoti Pass highway.“This is an amazing project that supports regional connectivity,” the ADB President said, speaking about the Rikoti section.A key topic of the discussions was the Bank’s participation in the development of the “Middle Corridor.” The parties also addressed airport modernization and support for the tourism sector.Kanda emphasized that ADB is ready to assist Georgia in achieving its strategic ambitions related to the growth of the country’s transit and logistics potential in the Eurasian region, through innovative projects and financial instruments.

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