Issue #860 Business

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facebook.com/ georgiatoday

Issue no: 860/35

• JULY 12 - 14, 2016

• PUBLISHED TWICE WEEKLY

PRICE: GEL 2.50

In this week’s issue... Spanish ‘Relais of Termal Group’ to Invest in Medical Tourism in Georgia

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Overworked and Underpaid ISET PAGE 4

BGCC Opens Tbilisi Office, Looks Forward to Boosting Relations between GeorgiaBritain

FOCUS ON DEVELOPMENT

How Tbilisi Mall came back to good

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Georgian Government Launches Cybersecurity Campaign BY EKA KARSAULIDZE

C

ybercrime causes USD 100 billion worth of damage to the world economy each year, with around 550 million people falling victim to it. “Cybercrime has no borders or ethnicity. Georgia is facing cybercrime challenges when choosing the way of technological upgrading, modernizing institutions and integration into the Euro-Atlantic space. Our citizens use Internet technology and electronic services daily and their safety is important to us,” said Giorgi Mgebrishvili, Minister of Internal Affairs.

To that end, the Ministry of Internal Affairs (MIA) of Georgia has initiated an information campaign ‘Protect your Electronic Space,’ the purpose of which is to prevent cybercrimes and to increase public awareness about safety in the global network. In the framework of the campaign Cybercrime

Prevention Week will be held, at which experts on cyber security will meet with the general public. In addition, MIA has launched a special informative section about cybercrime on its website. Those with concerns or queries are also welcome to call the MIA hotline, enabling citizens to contact a specialist if they think they have become victims of cybercrime. “Cybercriminals adapt on a daily basis,” Minister Mgebrishvili said. “We must be one step ahead. To prevent crimes, we need to have the right information and technological tools. Various structures will participate in the campaign, including those from the public and private sector. This action will allow us to work together to identify key priorities and decide how to better meet the challenges.”

Georgian Products Enter Arab Market PAGE 10

Cartu Fund Supports “King Erekle in the British Press" Project PAGE 12

PACE President Commends Georgia’s True European Aspirations POLITICS PAGE 13 Prepared for Georgia Today Business by

Markets As of 08ͲJulͲ2016

STOCKS Bank of Georgia (BGEO LN) GHG (GHG LN) TBC Bank (TBCB LI)

COMMODITIES Crude Oil, Brent (US$/bbl) Gold Spot (US$/OZ)

INDICES

Price

w/w

GBP 26.28

+0,2%

+3,9%

GBP 3.11

+6,9%

+16,5%

m/m

US$ 12.90

Ͳ2,3%

+2,4%

Price

w/w

m/m

46,76

Ͳ7,1%

Ͳ11,0%

1 366,33

+1,9%

+8,2%

Price

w/w

m/m

GEOROG 05/17

101.94 (YTM 4.50%)

+0,1%

+0,2%

GEORG 04/21

BONDS

110.95 (YTM 4.30%)

+0,3%

Ͳ0,1%

GRAIL 07/22

111.25 (YTM 5.52%)

+0,2%

Ͳ0,1%

GEBGG 07/17

104.06 (YTM 3.49%)

Ͳ0,4%

+0,1%

w/w

m/m

GEL / USD

2,3450

+1,8%

+10,4%

GEL / EUR

CURRENCIES

2,5912

Price

+1,0%

+6,8%

Price

w/w

m/m

GEL / GBP

3,0380

Ͳ0,9%

FTSE 100

6 590,64

+0,2%

+4,6%

GEL / CHF

2,3800

+0,4%

+7,4%

FTSE 250

16 177,75

Ͳ1,7%

Ͳ5,8%

GEL / RUB

0,0369

+1,9%

+10,5%

DAX DOW JONES NASDAQ

Ͳ1,4%

9 629,66

Ͳ1,5%

Ͳ5,7%

GEL / TRY

0,8108

+2,1%

18 146,74

+1,1%

+0,8%

GEL / AZN

1,5077

+4,4%

+7,1%

4 956,76

+1,9%

Ͳ0,4%

GEL / AMD

0,0049

+2,1%

+11,4%

Ͳ6,0%

GEL / UAH

0,0944

+1,7%

828,84

Ͳ1,2%

Ͳ1,6%

EUR / USD

0,9050

+0,8%

+3,1%

SP 500

2 129,90

+1,3%

+0,5%

GBP / USD

0,7721

+2,5%

+12,0%

MICEX

1 894,35

Ͳ0,1%

Ͳ2,9%

CHF / USD

0,9833

+1,0%

+2,5%

MSCI FM

MSCI EM EE MSCI EM

122,32

Ͳ0,6%

+10,2%

+10,7%

2 518,96

Ͳ0,5%

Ͳ3,6%

RUB / USD

63,8615

+0,1%

GT Index (GEL)

864,70

+5,5%

+8,4%

TRY / USD

2,8922

Ͳ0,3%

Ͳ0,0%

GT Index (USD)

732,89

+5,0%

Ͳ1,0%

AZN / USD

1,5600

Ͳ1,1%

+4,3%

+0,4%


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