By Eva Sahakyan YEREVAN, August 3–The first Youth Summer Olympic Games will be held in Singapore on August 14-26. It will host more than 3,500 young athletes, aged between 14 and 18, who will compete in 184 events in 26 sports. Fourteen young athletes from Armenia will also take part in the Olympic games and [...]

By Eva Sahakyan YEREVAN, July 23–Ameriabank announced that the arrangements of the merger with Cascade Bank are complete, Artak Anesian, the director general of Ameriabank CJSC, said on Thursday during a press conference. According to Anesian the merger of the two banks was planned to be implemented by the end of November. Due to the [...]

BY HMAYAK OHANYAN YEREVAN (News.am), June 17–The emergence of new players in the Armenian ISP market shattered the positions of the traditional operators. And in light of recent events, the consolidation can become а life raft keeping the sinking companies afloat. It is interesting that some of the providers were discussing the possibility of selling [...]

YEREVAN (Public Radio of Armenia), June 14–The Minister of Urban Development of Armenia, Vartan Vartanyan, predicts 12-15 percent growth in the construction sector in 2010. Last year, a 36.4 percent decline was registered in Armenia’s construction sector, the largest decline in the Armenian economy, followed by a 8.8 percent growth in January-April. Minister Vartanyan pointed [...]

YEREVAN (Novosti-Armenia), June 8–On Monday during the meeting with the head of the Milan council Bruno Dapei, Prime Minister Tigran Sarkisian welcomed the increase of Italian investment capital in the republic, the press service of the Armenian government informs. “Sarkisian stressed the importance of constructing a financial center in Dilijan and also the participation of [...]

YEREVAN (RFE/RL), June 1–Armenia will intensify its efforts to integrate into Europe after President Serge Sarkisian’s latest visit to the European Union headquarters in Brussels, a senior pro-government parliamentarian said on Sunday. Sarkisian described his country as “an integral part of Europe” during talks with the EU’s top policy-makers last week. He reaffirmed Yerevan’s commitment [...]

YEREVAN (Novosti-Armenia), May 25– Today the world-famous rock band Deep Purple is opening an unprecedented festival called World Music Festival-2010 in Yerevan. “The band will present a mixture of such genres as big bang, rock and roll and swing,” said group leader Ian Gillan at a press conference on Monday. He added that a gradual [...]