live President of European Commission arrives in Azerbaijan
On 1 July, President of the European Commission Ursula von der Leyen arrived in Azerbaijan on a working visit....
Georgia’s real gross domestic product (GDP) grew by 6.4% year-on-year in the third quarter of 2025, reaching GEL 27.9 billion, according to preliminary data released by the National Statistics Office (Geostat).
Geostat reported that the fastest-growing sector was information and communication, which surged by 21.1%, closely followed by education, up 20.7%. Financial and insurance activities also saw strong growth at 14.7%, while arts, entertainment, and recreation expanded by 13%. Public administration and defence, including compulsory social security, rose by 9.7%, and transportation and storage increased by 8.1%. Wholesale and retail trade, including the repair of motor vehicles and motorcycles, grew by 3.0%.
However, not all sectors saw growth during the quarter. Mining and quarrying declined by 8.7%, while agriculture, forestry, and fishing fell by 5.4%. The supply of electricity, gas, steam, and air conditioning also dipped by 3.3%.
Looking at GDP share, trade remains the largest sector at 15%, followed by manufacturing at 9.4%, real estate activities at 8.8%, and construction at 8.4%. Information and communication accounts for 7.4%, agriculture, forestry, and fishing 7.3%, public administration 6%, and education 5.4%.
Overall, the data underscores a continued shift in Georgia’s economy towards knowledge-based and service sectors, even as traditional industries such as agriculture and mining face mounting challenges.
Iranian and U.S. negotiating teams were due in Doha this week, but Iran said on Monday no meeting had been scheduled as weekend missile fire from both sides tested the interim ceasefire to end the four-month-old war.
The U.S. and Iran have agreed to 'stand down' and resume technical talks, allowing vessels allowed to move freely under the interim peace deal, a U.S. official said.
Iran has ruled out direct talks with senior U.S. envoys in the Gulf, saying any contact will take place through Qatari mediators. Meanwhile, Steve Witkoff and Jared Kushner have met in Doha with Qatar's PM Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani.
The wife and children of Argentine footballer Lucas Trejo were among around 1,700 people who died when two earthquakes struck northern Venezuela last week.
Mexico ended their 40-year wait for a World Cup knockout win, while Erling Haaland sent Norway through and Kylian Mbappé fired France into the last 16.
South African police arrested more than 900 people during nationwide anti-migrant protests on Tuesday (30 June), as demonstrations across the country turned violent in some areas, although most remained peaceful.
German prosecutors have arrested a German-Rwandan national on suspicion of aiding genocide and 25 counts of murder during the 1994 Rwandan genocide, authorities said on Wednesday (1 July).
At least five people have died after a fire swept through a 10-storey apartment building in the Belgian city of Antwerp, authorities said on Wednesday.
Eight Kenyan schoolgirls have pleaded not guilty to murder charges over a dormitory fire that killed 16 fellow students and injured dozens more at a boarding school in the country's Rift Valley region.
Trump travelled to North Dakota on Wednesday to dedicate the new Theodore Roosevelt Presidential Library, using the occasion to promote a message of American greatness as Independence Day celebrations got under way ahead of the nation's 250th anniversary.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment