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Private investment to finish Yerevan’s Cascade to top $50M: THIS WEEK IN BUSINESS

  • GTB Holdings, an Armenian construction and metal company, pledged to invest nearly $52 million after winning a bid to complete the unfinished Cascade complex in Yerevan.
  • Senior Armenian and Russian officials signaled progress in potentially loosening the requirements that Armenian citizens face when entering Russia, as Armenian truck drivers say the current setup is threatening their livelihoods.

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