Weapons manufacturer Arsenal LTD will invest AMD3.26 billion ($6.7 million) in Armenia and create 200 new jobs. The government on Thursday, February 21 decided to provide customs privileges to the company for the import of technological equipment, their components and raw materials. The annual output will amount to AMD 44.4 billion (more than $91 million).
Hovhannes Khachatryan, head of Assets, Liabilities and Capital Management Division at Ameriabank, has in a recent interview spoken about what makes Armenia’s banking sector different from that of Russia, what kind of technologies help it move forward and what are Ameriabank’s market consolidation plans.
French Armenian filmmaker Arnaud Khayadjanian won the AAFCCJ Award For The Best Diaspora Director in Armenian Panorama program of the 15th Golden Apricot Film Festival this summer. The director received the honor for his take on Artsakh (Nagorno Karabakh) with the movie “We Are Our Mountains”