Luiza Petrosyan, Member of the Board, Secretary, spoke about placements of shares, their attractiveness, effective internal control mechanisms, and stronger corporate governance principles. Armeconombank has been issuing shares regularly over the past years. Are there any pending new issues and what is the principle of issue of shares in general? You are right about the recent issues. In 2016, the Bank adopted a policy aimed at increasing the capital also by regular placements of shares. Since then, on the account of such placements only, Armeconombank’s capital has increased about 13 times. L ..read more

Environmental problems can be solved through the adoption of green technologies. Since 2019, Viva-MTS and the Foundation for the Preservation of Wildlife and Cultural Assets (FPWC) have been actively engaged in targeted projects in this area. In biodiversity-rich habitats, unexpected encounters with wild animals can occur. To assist farmers in such communities, the partner organizations have been leveraging green technologies, such as electric fences. In a recent initiative, a new set of electric fences was provided to communities in Vayots Dzor, aiming to facilitate the peaceful coexistence ..read more

Secretary of State Antony J. Blinken met with Turkish Foreign Minister Hakan Fidan in Prague, Czechia on the sidelines of an informal meeting of NATO Foreign Ministers. Secretary Blinken and Foreign Minister Fidan discussed opportunities to support peace and prosperity in the Caucasus region. They also efforts to reach a ceasefire agreement in Gaza that secures the release of hostages, as well as the importance of increasing humanitarian aid to Gaza and preventing regional instability.  ..read more

Ralph Yirikian, General Director of Ucom, participated and gave a speech at the 2023-2024 leadership development course graduation ceremony of the Leadership School. The students attending in the leadership development course gained important leadership knowledge and experience, including leadership fundamentals, effective career and business relationships, innovative business development, teamwork, communication, and negotiation.   Esteemed businessmen and high-ranking officials, ambassadors and public figures from Armenia and other countries gave lectures and shared their experience wit ..read more

On the occasion of June 1, Children’s rights protection day, the Pediatric intensive care unit of the «National Center for Burns» of the RA Ministry of Health, has been equipped with modern European and American medical equipment. Thanks to the financial support of benefactor Karen Vardanyan, the Center already has new operating tables and instrument trolleys, 2 anesthesia workstations, defibrillator, bronchoscope, video laryngoscope, ultrasound system, microsurgical microscope, automated immunoassay analyzer and other equipment. Benefactor Karen Vardanyan donated 118 million drams for the pur ..read more

Egyptian president Abdel Fattah al-Sisi urged the international community to ensure Palestinians in the Gaza Strip are not displaced from their war-ravaged territory, reports Agence France-Presse. “I … call on the international community to immediately provide for long term humanitarian assistance to the Gaza Strip and to end the Israeli siege,” Sisi said. According to AFP, he also called for the international community to “stop any attempt at forcing Palestinians to forcibly flee their land”. Sisi’s comments come after the Israeli army said on Wednesday it h ..read more

 North Korea has sent more than 150 balloons carrying trash across the inter-Korean border, Seoul's military said Wednesday, after the North warned of "tit-for-tat action" against anti-Pyongyang leaflets flown by the South's activists. Since Tuesday night, the balloons have crossed the border to fall in various locations across the country, reaching as far as the southeastern province of South Gyeongsang, and scatter waste as they fell to the ground, according to the Joint Chiefs of Staff (JCS). The fallen balloons appeared to have carried various pieces of trash, such as plastic bottles ..read more

The 12th Sunchild International Environmental Conference promises to be more impactful and enlightening than ever. With Ucom’s support, the Youth Corner continues to thrive, offering young people a four-day opportunity expo and various workshops within the festival's framework. While this year marks the inaugural organization of the Youth Corner, the overwhelming interest from participating organizations and visitors suggests that it will become a regular feature of the event. During a visit to the Youth Corner, the General Director of Ucom, Ralph Yirikian engaged with participants, toured the ..read more

The 12th "Sunchild" International Environmental Festival kicked off with the support of Ucom. Dedicated to biodiversity conservation, this year's festival promises a rich lineup of over 30 environmental films, set to screen at the Union of Cinematographers of Armenia from May 24th to 28th, with free admission. Alongside captivating film screenings, the festival will host a Youth Corner, offering an expo and diverse workshops over four days. These engaging sessions provide young individuals with insights into leading environmental and educational programs, fostering participation in workshops a ..read more

Strategic business cases, invaluable experience, innovative approaches and more than 25 events are in store for the participants of CaseKey Business Case Competition 2024, whose title sponsor for the second year in a row is Byblos Bank Armenia. The competition officially opened on May 21. Over the next six months, participants will solve four business cases, spend active training days with their coaches, compete in an intellectual game, and have informal meetings with leading experts from various fields. This year, 263 talented young people and coaches have been given the opportunity to pa ..read more