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Ambassadori Island Batumi Showcased Visionary Development and Georgia’s Strategic Potential at the Monaco International Investment Forum 2026

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Within the prestigious setting of the Yacht Club de Monaco, the “Ambassadori Island Batumi” team presented a project of historic regional significance at the Monaco International Investment Forum (MIIF). This ambitious undertaking envisions the creation of a premier coastal destination comprising two artificial peninsulas and an artificial island within the Black Sea.

The development is rooted in the principles of sustainability and a "smart city" vision, aiming to establish a new paradigm for urban excellence in the region. Progress is advancing rapidly, with over 50% of the land reclamation already finalized - successfully forming 48 hectares of the project’s total 84-hectare footprint.

“Our project is destined to be a transformative force, redefining the international profile of country and the region. Participating in this elite forum is a cornerstone of our global strategy to introduce discerning international investors to the unparalleled opportunities found within both Ambassadori Island and Georgia’s robust economic landscape,” stated the CEO of “Ambassadori Island Batumi.”

Throughout the two-day forum, company representatives participated in an intensive business program designed for high-net-worth individuals and family offices. The event featured a direct platform for institutional investors and industry leaders to engage with the project’s leadership and explore the strategic potential of this landmark development.

The “Ambassadori Group” is bringing this visionary project to life in collaboration with a consortium of world-renowned firms. Key partners include the global engineering leaders Arup, recognized for their excellence in urban planning; the premier architectural and engineering firm Yüksel Proje; and the award-winning American architectural firm SHoP Architects.

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image USD 60 Million: Ameriabank Joins Financing of Firebird’s AI Data Center Construction in Armenia

30.03.2026.17:18

Ameriabank has provided USD 60 million in financing for the construction of an AI data center by Firebird AI, marking the launch of the financing process for a project of key importance to Armenia’s economy.

The data center being built through the collaboration of Firebird, NVIDIA and Dell Technologies, as well as the Government of Armenia will become the most powerful in the region. It will enable research institutions, technology companies, and enterprises to deploy modern AI technologies at scale, strengthening Armenia’s leading position on the global technology map.

Ameriabank maintains its position as the largest corporate lender in Armenia, offering tailored financial solutions to local and international companies based in Armenia. The bank’s corporate portfolio, including finance lease and factoring, has surpassed AMD 1 trillion, an unprecedented achievement for the Armenian banking sector.

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