International Bank Approves $116 Million Funding for Armenia’s Urban Development Program
The International Bank approves $116 million funding for Armenia’s Urban Development Program, aimed at revitalizing cities, improving infrastructure, and promoting socio-economic growth. Implemented by UDRIB, the program receives financing from EIB and GCFF.
“Controversy Erupts at Tavush Board Meeting as Activists Protest Territorial Concessions”
The board meeting in Tavush lasted 2 hours. Despite assurances of confidentiality, anti-government activities occurred. Activists protested outside, expressing displeasure with territorial concessions. Opposition politicians were seen leaving.
“Co-founder of Fix Price Sells 35.2% Shares, Steps Down from Board of Directors”
Artem Khachatryan, co-founder of Fix Price, sells 35.2% of shares and steps down. Dmitry Kirsanov acquires 1%, Sergey Lomakin acquires 34.2%. Fix Price is a prominent discount retail chain with a vast network of low-price stores in Russia and neighboring countries. Revenues and profits of Fix Price show positive growth.