A U.S. company linked to businessman Konstantin Sokolov acquired Armenia’s Teghut mine from Russia’s VTB bank. Sokolov is also involved in U.S.-backed efforts to develop a new transit route across the South Caucasus.
Armenia’s government advanced efforts to seize AraratCement, one of the country’s largest cement companies. It’s owned by prominent businessman Gagik Tsarukyan, who has been detained on money laundering charges, which he denies.
Hundreds of people from Armenia’s fish farming industry held a protest in Yerevan, calling for government support amid Russian restrictions on trade with Armenia.

Court rejects Alen Simonyan’s defamation lawsuit against opposition MP Edgar Ghazaryan

‘Brotherly’ Turkey becomes a historical betrayer in Azerbaijani media narrative

Sokolov’s Armenia holdings create conflict of interest in TRIPP-linked U.S. fund, experts tell Reuters

Government paves the way for takeover of Electric Networks of Armenia: THIS WEEK IN BUSINESS

Armenia’s public pay reform would deliver biggest raises to senior officials, study finds

EU tariff relief gives Armenian exporters an opening, but major hurdles remain