Armenian airport operator announces $500M expansion: THIS WEEK IN BUSINESS
Civilnet- Armenia International Airports, which operates the Zvartnots airport, announced plans to invest $500 million over the next 10 years for a major expansion plan.
- The company that owns the right to operate Starbucks coffeeshops in the Middle East is considering opening stores in Armenia.
- Armenia’s largest bank agreed to a $135 million refinancing package for the owners of the country’s largest hydroelectric power plant.
- Armenia may in effect abandon new mandatory income declaration rules amid persistently low uptake.
