At TPG, we paused traveling to help slow the spread of COVID-19. Local and federal governments around the globe are now debating the appropriate levels of isolation and distancing. Before booking that …
Veon drops Armenia business sale talks
In a brief statement, Veon explained only it had backed away from talks commenced in January regarding its Beeline operation in the country. There was little information given at the time or now …
Armenia ‘under pressure’ from UK and US over mining dispute, says EU report
An internal EU report claims that the UK government has pressured the Armenian government in a two-year standoff between protesters, an international mining company and the authorities.
Beeline Armenia launches new business converged packs
The Business 365 tariff plan includes a notebook, fixed broadband at up to 50 Mbps, a mobile data bundle of 1 GB, as well as five mobile numbers and unlimited calls between those numbers. The monthly …
Coronavirus: Three bears kept in cages for tourism rescued after Covid-19 shuts business
Three bears that were being kept in cages as a tourist spectacle at a restaurant have been rescued after coronavirus forced the business to close. The owner of the restaurant, in Armenia, said he no …
Turquoise Hill Resources: Another Twist In The Power Plant Story Increases Uncertainty
Turquoise Hill reports Q1 2020 results and updates delay and capex increase estimates for the new mine design. In a sudden twist, Mongolia wants a state-owned a …
Kuwait police officer detained for breach of duty
The source said that the officer breached his duty by favouring his cousin who is allegedly involved in the illegitimate business of residence visa and. “The m …
An American couple is stuck in Kuwait under 24-hour curfew and isn’t allowed to grocery shop. The US embassy hasn’t been helpful.
When the country’s coronavirus curfew was announced, the couple waited in line for groceries for six hours as people fainted from the heat.
AM Best Affirms Credit Ratings of Kuwait Reinsurance Company K.S.C.P.
AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Kuwait Reinsurance Company K.S.C.P. (Kuwait Re) (Kuwait). The outlook of these …
China confirms US accusations that it destroyed early samples of the novel coronavirus, but says it was done for ‘biosafety reasons’
The Chinese official insisted that it was not done to cover-up or hide early coronavirus samples from other countries.