- UATE, an Armenia-based organization representing more than 150 tech companies, warned law enforcement’s raid on the taxi company GG is fueling concern for foreign investors.
- The Armenian government set a new deadline for plans to take a 12.5% stake in the long-stalled Amulsar gold mine project, which was initially set to be finalized by the end of March, but has now been pushed back to September 1 due to “technical problems.”
- The government is in talks with Masdar, the Emirati state-owned renewable energy company, in an effort to salvage a major solar power plant deal. The project’s fate was thrown into doubt last month when the state investment fund ANIF was dissolved.
The post Government takeover of stake in Amulsar gold mine delayed: THIS WEEK IN BUSINESS appeared first on CIVILNET.