Prime Minister of Georgia, Irakli Kobakhidze, announced that relations between his country and the United Arab Emirates, especially in terms of economic cooperation, are significantly developing.

Abu Dhabi-based Eagle Hills real estate development company has announced the signing of a memorandum of understanding with the government of Georgia to invest over $5.5 billion in transforming the country’s urban landscape.

Eagle Hills has announced the launch of its new project called "Riga Waterfront" on the Daugava River in Riga, the capital of Latvia.