Armenia`s government plans introducing SAFE format 

 Friday, April 26 2024 16:19:00
Armenia`s government plans introducing SAFE format 

ArmInfo.The RA government wants to introduce a new format for concluding an agreement - SAFE (Simple agreement for future equity). At a meeting on April 26, the RA National Assembly Commission on Economic Issues issued a positive  conclusion on the amendments to the law "On Joint-Stock Companies."

Chairman of Urban Development Committee dismissed
 Thursday, January 4 2024 11:39

ArmInfo. Chairman of the Urban  Development Committee Armen Ghularyan has been dismissed.

>>>
Lori governor dismissed
 Thursday, January 4 2024 11:31

ArmInfo. Governor of Lori Province Aram Khachatryan has been dismissed. 

>>>
Armenia`s premier visits Lori, inspects construction programmes
 Thursday, January 4 2024 11:03

ArmInfo. Prime Minister Nikol Pashinyan  visited Lori Province and got acquainted with the progress of the  projects implemented in communities funded by the Government.

>>>
Armenia`s GDP to reach 8% to 8.5% in 2023 - expert
 Thursday, January 4 2024 11:00

ArmInfo. Armenia will close 2023  with GDP growth in the range of 8- 8.5%, instead of the 7% planned by  the state budget and the 7.2% expected by the budget for 2024. At the  same time, the country's GDP generation potential, as before, does  not exceed 5%, Armenia's former minister of finance Vardan Aramyan  told ArmInfo. 

>>>
We collected more than planned: SRC summarizes 2023
 Wednesday, January 3 2024 16:15

ArmInfo. The State Revenue Committee of Armenia (SRC) summed up the results of 2023 with tax revenues in the amount of 2 trillion 221.9 billion drams, exceeding the previous year by 295.9 billion drams or 15.4%.

>>>
Team Telecom Armenia sums up 2023
 Friday, December 29 2023 14:50

ArmInfo. Team Telecom Armenia summed up the results of 2023, which was marked by the company's entry into the capital market, the construction of a new generation network, the re-equipment of mobile stations, the launch of the Team Energy project and a number of other initiatives.

>>>
Vedi reservoir should be operational by spring of 2024 - Sanosyan
 Friday, December 29 2023 14:09

ArmInfo. By the spring of 2024, the Vedi reservoir should be operational and begin to fill with water.  Minister of Territorial Administration and Infrastructures of the Republic of Armenia Gnel Sanosyan stated at a press conference on December 29.

>>>
IT sector`s revenue AMD 536bln by end of October 2023
 Friday, December 29 2023 12:16

ArmInfo. At the end of 10  months of 2023, the revenue of the information technology sector in  Armenia reached AMD 536bln, while for the entire 2022 the volume  amounted to AMD 555bln, Deputy Minister of High-Tech Industry David  Sahakyan stated at the 12th Security Forum of the Armenian Institute  of International Relations and Security, where participants discussed  the problems of development of the high-tech industry.

>>>
Every third passenger arriving in or departing from Armenia client of national airlines - minister
 Friday, December 29 2023 12:07

ArmInfo. Every third  passenger arriving in or departing from Armenia uses the services of  national airlines, Armenia's Minister of Territorial Administration  and Infrastructure Gnel Sanosyan told reporters on December 29.

>>>
Ministry of Territorial Administration and Infrastructure reports 96% budget performance
 Friday, December 29 2023 11:41

ArmInfo. In 2023, the  Ministry of Territorial Administration and Infrastructure of the  Republic of Armenia received 275 billion drams from the state budget  of the country for the implementation of various programs, of which  270 billion drams were spent, Minister Gnel Sanosyan told a press  conference. 

>>>
Chaired by Pashinyan 5th session of Investment Committee held today
 Thursday, December 28 2023 19:16

ArmInfo. Chaired by Prime  Minister Nikol Pashinyan the fifth session of the Investment  Committee was held today.

>>>
In 2024, Armenia to allow duty-free import of 7,400 electric vehicles
 Thursday, December 28 2023 19:02

ArmInfo. In 2024, it will be  possible to import 7,400 electric vehicles into Armenia with zero  customs duty. The decision to apply tariff benefits to electric  vehicles imported into the territory of the Republic of Armenia was  made on December 28 at a government meeting.  The rationale for the  decision states that during the Eurasian Intergovernmental Council,  an agreement was reached to extend the exemption for the import of  electric vehicles for another two years. In Armenia in 2024-2025, a  tariff quota will be established for 8,000 vehicles with an electric  motor during the year. The remaining 600 units of electric vehicles  are planned to be kept in reserve.

>>>
AraratBank named the Best CSR Bank in Armenia 2023
 Thursday, December 28 2023 16:29

ArmInfo. AraratBank has been awarded the Best CSR Bank Armenia 2023 in the Global Banking & Finance Review awards 2023. This reputable award underscores the Bank's responsibility and commitment to the values of corporate social responsibility.

>>>
Team Telecom Armenia`s shares listed on Armenia Securities Exchange
 Thursday, December 28 2023 16:15

ArmInfo. The shares of Team  Telecom Armenia telecommunications company,  after placement through  an initial public offering, were listed on the Armenia Securities  Exchange and will be quoted on the secondary securities market. This  is noted in the message of Team Telecom Armenia.

>>>
Several banks did not want to join: Pashinyan instructs to expand coverage of participants in 10% cashback program
 Thursday, December 28 2023 15:48

ArmInfo. Since the introduction  of the 10% cashback program for pensioners and people receiving  benefits when paying with bank cards, from July 2022 to November  2023, Armenian pensioners have made non-cash purchases totaling 62  billion drams. Cashback amounted to 5.2 billion drams. Prime Minister  Nikol Pashinyan announced today at a meeting of the Cabinet of  Ministers.

>>>
Upper Lars checkpoint is again closed to all types of vehicles
 Thursday, December 28 2023 15:42

ArmInfo. The Upper Lars  checkpoint is again closed to all types of vehicles. This is stated  in the message of the Russian Ministry of Emergency Situations for  North Ossetia.

>>>
IT sector needs highly skilled personnel - Siemens Industry Softwear CEO
 Thursday, December 28 2023 13:20

ArmInfo. The IT sector  faces a problem of hiring highly skilled personnel, Irina Dumanyan,  Chief Executive Officer, Siemens Industry Softwear, said at her  meeting with Armenia's Minister of High-Tech Industry Robert  Khachatryan, who visited the company. 

>>>
Armenia`s Minister of Economy, AmCham reps discuss 2024 projects
 Thursday, December 28 2023 12:15

ArmInfo. Armenia's Minister of Economy Vahan Kerobyan held a meeting with member of the American Chamber of Commerce in Armenia (AmCham) and of Armenia's business community to sum up the year 2023 and discuss programmes of next year.

>>>
President of Ukraine`s Chamber of Commerce and Industry, Armenia`s Ambassador to Ukraine discuss bilateral business contacts
 Thursday, December 28 2023 09:43

ArmInfo. At their meeting, Gennadiy Chyzhykov, President of the Ukrainian Chamber of Commerce and Industry, and Armenia's Ambassador to Ukraine Vladimir Karapetyan discussed bilateral business contracts.

>>>
Electricity tariff to remain unchanged in Armenia in 2024
 Wednesday, December 27 2023 13:29

ArmInfo. As of February 1, 2024, the electricity tariff will remain unchanged in Armenia. The decision was made on December 27 at a meeting of the RA Public Services Regulatory Commission (PSRC).

>>>

News
Abgar Budaghyan: In 2040-2050, Armenia will be able to independently  meet its energy demand through NPP and renewable energy sourcesAbgar Budaghyan: In 2040-2050, Armenia will be able to independently  meet its energy demand through NPP and renewable energy sources
Expert: Armenia`s energy independence level  is about 27%Expert: Armenia`s energy independence level  is about 27%
Converse Bank bonds were bought in primary market within daysConverse Bank bonds were bought in primary market within days
ACBA Bank tops list of large taxpayers among Armenian banks in Q1  2024ACBA Bank tops list of large taxpayers among Armenian banks in Q1  2024
Armenia`s government plans introducing SAFE format Armenia`s government plans introducing SAFE format 
Armenia`s Civil Aviation Committee to render paid servicesArmenia`s Civil Aviation Committee to render paid services
New regulations for fulfillment of tax obligations of organizers  engaged in gaming activitiesNew regulations for fulfillment of tax obligations of organizers  engaged in gaming activities
New tax reporting mechanism to be introduced in Armenia New tax reporting mechanism to be introduced in Armenia 
RA government to return to initial route of laying Armenia-Georgia  power line with construction of electrical substation near Ddmashen  village RA government to return to initial route of laying Armenia-Georgia  power line with construction of electrical substation near Ddmashen  village 
Yerevan ready to discuss purchase of Azerbaijani gas with Baku -  SimonyanYerevan ready to discuss purchase of Azerbaijani gas with Baku -  Simonyan
Taxable jobs 5% up in Armenia Taxable jobs 5% up in Armenia 
Binance and Binance Academy announce large-scale online educational  project Binance and Binance Academy announce large-scale online educational  project "Crypto School"
ArmSwissBank Brings Apple Pay to CustomersArmSwissBank Brings Apple Pay to Customers
Armenia participates in 80th session of UNESCAPArmenia participates in 80th session of UNESCAP
34th session of FAO Regional Conference will take place on May 14-17,  202434th session of FAO Regional Conference will take place on May 14-17,  2024
Armenian Economy Minister offers Japanese side to expand cooperation  in agriculture and water resources managementArmenian Economy Minister offers Japanese side to expand cooperation  in agriculture and water resources management
Vassilis Maragos assures: All efforts to be made for further EU  assistance to Armenian NPP Vassilis Maragos assures: All efforts to be made for further EU  assistance to Armenian NPP 
Armenia to study Lithuania`s experience in energy sectorArmenia to study Lithuania`s experience in energy sector
Armenian banks` profit increased by 18.8% per annum in Q1 2024 thanks  to similar growth in loan portfolioArmenian banks` profit increased by 18.8% per annum in Q1 2024 thanks  to similar growth in loan portfolio
Caring for nature, we have started with ourselves - Team Telecom ArmeniaCaring for nature, we have started with ourselves - Team Telecom Armenia
Delegation of Armenia`s Ministry of Finance hold important meetings  in Washington Delegation of Armenia`s Ministry of Finance hold important meetings  in Washington 
Monitoring of effectiveness of budget programmes to be conducted in  Armenia Monitoring of effectiveness of budget programmes to be conducted in  Armenia 
Up to 10% cashback from GetTransfer with IDBank cardsUp to 10% cashback from GetTransfer with IDBank cards
South Africa expresses interest in developing cooperation with  Armenia in jewelry and cutting industry South Africa expresses interest in developing cooperation with  Armenia in jewelry and cutting industry 
Armenia, UAE discuss possibilities of increasing mutual trade volumesArmenia, UAE discuss possibilities of increasing mutual trade volumes
Yerevan is trying to demonstrate to its Anglo-Saxon `bosses` its  readiness to reduce economic cooperation with Iran - political  scientistYerevan is trying to demonstrate to its Anglo-Saxon `bosses` its  readiness to reduce economic cooperation with Iran - political  scientist
KfW stands ready to support Armenian government  in implementation of  new projectsKfW stands ready to support Armenian government  in implementation of  new projects
Cooperation with German Fichtner company discussed Cooperation with German Fichtner company discussed 
Armenia, China can record much greater results both in economic and  political dialogue and cultural cooperation - MPArmenia, China can record much greater results both in economic and  political dialogue and cultural cooperation - MP
U.S. capital important for Armenia`s mining industryU.S. capital important for Armenia`s mining industry
Expert: When there is no trust between private and public sectors,  unfortunately, there is no need to talk about right decisionsExpert: When there is no trust between private and public sectors,  unfortunately, there is no need to talk about right decisions
Armenia introduces new rules for labeling carbonated, non-carbonated  watersArmenia introduces new rules for labeling carbonated, non-carbonated  waters
Arsen Bazikyan: Armenia`s agriculture is transforming into  agribusinessArsen Bazikyan: Armenia`s agriculture is transforming into  agribusiness
Armenia to join e-CMR protocolArmenia to join e-CMR protocol
Armenia`s government changes Kaps reservoir project funding Armenia`s government changes Kaps reservoir project funding 
Armenian FM, minister of economy of Saudi Arabia discuss development  of economic ties Armenian FM, minister of economy of Saudi Arabia discuss development  of economic ties 
IMF upgrades Armenia`s GDP growth forecast for 2024 from 5% to 6%,  expecting inflation at 3.1% and unemployment at 13%IMF upgrades Armenia`s GDP growth forecast for 2024 from 5% to 6%,  expecting inflation at 3.1% and unemployment at 13%
Armenia`s Deputy PM, Veolia Vice President discuss problems with  water supply to consumers Armenia`s Deputy PM, Veolia Vice President discuss problems with  water supply to consumers 
EEC Board decided to liberalize certain categories of precious  metals` import/exportEEC Board decided to liberalize certain categories of precious  metals` import/export
Earthquakes, drought could affect Armenia`s debt sustainability -  EFSDEarthquakes, drought could affect Armenia`s debt sustainability -  EFSD
Converse Bank starts initial placement of next AMD, USD bonds in  amount of AMD 5 billion, $10 millionConverse Bank starts initial placement of next AMD, USD bonds in  amount of AMD 5 billion, $10 million
USAID releases fact sheet following Joint EU-US-Armenia High Level  Meeting in Support of Armenia USAID releases fact sheet following Joint EU-US-Armenia High Level  Meeting in Support of Armenia 
Expert: Armenia has the potential to get high-quality and abundant  harvest of apricots this yearExpert: Armenia has the potential to get high-quality and abundant  harvest of apricots this year
EFSD presents assessment of potential impact of natural disasters on  debt sustainability of Armenia, Kyrgyzstan and TajikistanEFSD presents assessment of potential impact of natural disasters on  debt sustainability of Armenia, Kyrgyzstan and Tajikistan
Armenia is considering appointing attache in Silicon ValleyArmenia is considering appointing attache in Silicon Valley
Astana proposes joint investment programmes in Yerevan Astana proposes joint investment programmes in Yerevan 
Armenia, Kazakhstan have unrealized economic potential - premier Armenia, Kazakhstan have unrealized economic potential - premier 
Armenia, EU discuss expansion of economic cooperation Armenia, EU discuss expansion of economic cooperation 
Transavia airline starts operating route Lyon-Yerevan-LyonTransavia airline starts operating route Lyon-Yerevan-Lyon
EAEU and its economic principles should not be mixed with political  ambitions - Nikol PashinyanEAEU and its economic principles should not be mixed with political  ambitions - Nikol Pashinyan
Armenia, Australia to strengthen cooperation in high-tech field Armenia, Australia to strengthen cooperation in high-tech field 
Leasing EXPO -2024 officially opened in YerevanLeasing EXPO -2024 officially opened in Yerevan
Araratbank to double leasing portfolio by end of 2024Araratbank to double leasing portfolio by end of 2024
Armenian, Kazakh passenger and cargo carriers to be exempted from  road and environmental taxes on reciprocal basis Armenian, Kazakh passenger and cargo carriers to be exempted from  road and environmental taxes on reciprocal basis 
Economy Ministry jointly with Armenal, develop schemes to diversify  sales markets for enterprise`s productsEconomy Ministry jointly with Armenal, develop schemes to diversify  sales markets for enterprise`s products
Info about IT specialists leaving Armenia en masse has nothing to do  with reality - premierInfo about IT specialists leaving Armenia en masse has nothing to do  with reality - premier
WB improves Armenia`s   economic growth forecast for 2024 from 4.7%  to 5.5% WB improves Armenia`s   economic growth forecast for 2024 from 4.7%  to 5.5% 
Government is ready to share risks with agricultural insurersGovernment is ready to share risks with agricultural insurers
EIB to issue loan under energy efficiency programme to Armenia EIB to issue loan under energy efficiency programme to Armenia 
Deadline for filing personal income declarations in Armenia may be  extendedDeadline for filing personal income declarations in Armenia may be  extended
Read more


Exchange rates
26.04.2024
RUB4.220.00
USD388.08-0.52
EUR416.29-0.44
GBP485.57-0.41
CAD284.160.14
JPY24.75-0.24
CNY53.55-0.08
CHF425.34-0.20