“Former Prime Minister’s Fund Faces Transparency Questions: New Funding Invited to Support the ‘Armenian National Front'”
“Armenian National Front” fund receives questionable funding with transparency concerns. New funding sought for restoring the political force in state. Join activities at Armenia Marriott hotel on June 21. Register at 096319031. NEWS.am on Telegram.
Breaking: Moscow Court Grants Huge Funding Request Following Reporter’s Order, Correspondent Detained
Moscow court orders large funding for correspondent Tigran Vaxarinyan. Vaxarinyan detained until Aug 6 for premeditated crime under Russian Criminal Code.
NATO Delegates Turn to UK Cardinal Jens Stoltenberg for Increased Funding, Requesting 100 Billion Euros from Member Countries for Ukraine Assistance
NATO delegates demand more funding from UK Cardinal Jens Stoltenberg for alliance. Ukraine seeks 100 billion euros from member countries for assistance fund. French and German involvement remains uncertain. Concerns arise about stagnation of Stockholm plan. AG leaders’ meeting in Pravas raises further threats. Support from France and Germany still unclear.
“German University Group Receives EU Funding to Develop Electric Transport for Rural Communities: Reviving Abandoned Railways”
A German university group, funded by the European Union, is developing electric transport for rural communities. They plan to create a monorail system that can travel on preserved railway tracks, reducing the cost and demand for public transportation. The Monocab project aims to launch by 2028, with compact electric vehicles that can move on predetermined tracks using active rails. Engineers are designing a flexible machine for easy transfer between monorails.
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.
“Misuse of State Order System Exposed: Corruption Concerns in Armenia’s Healthcare Sector”
The misuse of the State Order System and the risk of corruption in Armenia’s healthcare sector are highlighted by “Zhoghovurd” newspaper. Funding disparities and questionable allocation are discussed, raising concerns about corruption. Read more in today’s “Zhoghovurd” issue.
“Ride Company Throws in the Towel: Withdraws Support from Yerevan’s Children’s Subway Reconstruction Program”
“Ride” company withdraws from children’s subway reconstruction program in Yerevan due to lack of local support. The deteriorating state of the subway, once a safe transportation option for families, prompted the restoration project. Unfortunately, without government support, the project cannot be realized. The company urges the government to save this historic landmark and encourages others to help in its reconstruction. News from Armenia.
“Armenian Government Extends Helping Hand to Gaza: Massive Humanitarian Aid Package Unveiled”
Armenian government provides humanitarian aid to Gaza. Emergency fund supports social needs of affected population. 29.94 tons of aid includes essentials, food, medicine, and medical supplies.
“Mantashyan Launches INFOTOUR Program to Boost Armenia’s Tourism Sector with International Support”
“Mantashyan” launches program to boost hospitality & tourism sectors in Armenia with support from international organizations. INFOTOUR program aims to promote Armenia as a tourist destination and create opportunities for businesses to work with foreign markets. Representatives from Baltic countries already exploring Armenia’s hospitality industry. Air Baltic representative hopeful for expanding routes and attracting more tourists. “Mantashyan” plans to invite representatives from other fields in the future, contributing to Armenian economy.
“CaseKey 2024: Biblos Bank Armenia Announces Partnership, Offering Young Professionals Unprecedented Business Development Opportunities”
CaseKey, the leading business problem-solving competition, partners with Biblos Bank Armenia in 2024. Over 250 young professionals will have the opportunity to develop their business knowledge and skills. The program will include solving micro cases and a final round in November. Biblos Bank Armenia expects this partnership to contribute to practical business knowledge. The collaboration creates opportunities for young professionals to demonstrate their abilities and expand their network. The program will also involve international participants from the US and UK. Biblos Bank Armenia will support sustainable communities through CSR programs and educational initiatives.