Turkish stocks end Tuesday on positive note
Türkiye’s benchmark stock index, the BIST 100, closed Tuesday at 10,814.11 points, up 0.74% from the previous session....
Georgia has launched its first modern dry port near Tbilisi, aiming to become a vital logistics and trade hub linking the Caucasus and Central Asia.
Georgia has taken a major step toward enhancing its role in regional trade and logistics with the official opening of the Tbilisi Dry Port – the first modern railway container and cargo terminal of its kind in the South Caucasus.
At the opening ceremony, Prime Minister Irakli Kobakhidze highlighted the strategic importance of the new facility, calling it a key addition to Georgia’s infrastructure that will boost trade flows across the Caucasus and Central Asia.
“This is a very important strategic facility that will play a key role in strengthening trade flows in the Caucasus and Central Asia,” Kobakhidze said. “It will further strengthen Georgia’s transit function and help transform our country into a regional hub.”
Key Facts:
• Location: 28.5 hectares near Tbilisi, with direct access to international highways, the national railway, and close proximity to Armenia, Azerbaijan, and Tbilisi International Airport.
• Capacity: 100,000 containers annually in the first phase; up to 200,000 after full completion.
• Investment: $21 million for the first phase.
• Partners: Abu Dhabi Ports Group (UAE), Wilhelmsen Port Services (Norway), and Georgian company Inveko.
The port will not only serve Georgia’s key seaports – Poti, Batumi, and eventually Anaklia – but also function as a container hub for international shipping lines. It’s expected to significantly improve cargo movement, especially for shipments from China and the Far East via the Middle Corridor.
The project is being developed in three phases. With the first phase now complete and operational, the remaining work will continue to expand the port’s capacity and logistical capabilities.
“This dry port will raise Georgia’s position as a key connector in Eurasian trade routes,” Kobakhidze added, thanking all local and international partners involved in the project.
As regional trade grows in importance, Georgia’s investment in strategic infrastructure like the Tbilisi Dry Port signals its ambition to lead as a reliable transit and logistics center in the heart of the South Caucasus.
Video from the USGS (United States Geological Survey) showed on Friday (19 September) the Kilauea volcano in Hawaii erupting and spewing lava.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A powerful 7.4-magnitude earthquake struck off Russia’s Kamchatka Peninsula on 13 September with no tsunami threat, coming just weeks after the region endured a devastating 8.8-magnitude quake — the strongest since 1952.
Authorities in California have identified the dismembered body discovered in a Tesla registered to singer D4vd as 15-year-old Celeste Rivas Hernandez, who had been missing from Lake Elsinore since April 2024.
Fifteen Turkish activists, who were unlawfully detained by Israel aboard the Gaza-bound Global Sumud humanitarian aid flotilla, arrived at Istanbul Airport on Tuesday.
Turkish Foreign Minister Hakan Fidan met on Monday with his Azerbaijani counterpart, Jeyhun Bayramov, the Turkish Foreign Ministry said via the country’s social media platform NSosyal.
Iran says one million undocumented Afghan refugees have returned to their country majority of them voluntarily in the last six and half months criticising the international donors for their less-than-savoury contribution to the refugee programmes.
Leaders of the Organization of Turkic States (OTS) signed the Gabala Declaration at the 12th Summit of the Council of Heads of State, outlining new priorities for political, economic, and cultural cooperation across the Turkic world.
President Ilham Aliyev welcomed the heads of state and government participating in the 12th Summit of the Council of Heads of State of the Organization of Turkic States, held in Gabala on October 7.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment