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<title>Caucasus Investment Group · Research</title>
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<description>Caucasus Investment Group is an independent investment research platform focused on Georgia, Armenia and Azerbaijan.</description>
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<title>Georgia&#39;s Middle Corridor: Who Captures the Value?</title>
<link>https://caucasusinvestmentgroup.com/research/georgia-middle-corridor/</link>
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<pubDate>Thu, 15 Oct 2026 08:00:00 +0000</pubDate>
<category>CIG Flagship</category>
<description>Testing the investment case behind Georgia&#39;s emergence as a trade and logistics gateway between Europe and Asia.</description>
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<title>Armenia&#39;s Technology Economy After the Boom: What Stayed</title>
<link>https://caucasusinvestmentgroup.com/research/armenia-technology-economy/</link>
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<pubDate>Wed, 07 Oct 2026 08:00:00 +0000</pubDate>
<category>CIG Research</category>
<description>The 2022 surge in Armenian growth was mostly re-exports and Russian money, and most of that has gone; the technology sector is the part that kept growing.</description>
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<title>Azerbaijan After Peak Oil: What the Non-Oil Economy Can Carry</title>
<link>https://caucasusinvestmentgroup.com/research/azerbaijan-after-peak-oil/</link>
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<pubDate>Wed, 07 Oct 2026 08:00:00 +0000</pubDate>
<category>CIG Research</category>
<description>Azerbaijan&#39;s balance sheet is among the strongest in emerging markets, but oil output is falling, the oil fund now pays out more than it receives from oil and gas, and the non-oil economy has slowed just as it is asked to carry more.</description>
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<title>Georgia&#39;s Capital Markets: A Banking System with a Stock Exchange Attached</title>
<link>https://caucasusinvestmentgroup.com/research/georgia-capital-markets/</link>
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<pubDate>Wed, 07 Oct 2026 08:00:00 +0000</pubDate>
<category>CIG Research</category>
<description>Georgian finance is two very profitable banks, a local bond market that has started to work, and an equity market that exists mainly in London.</description>
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