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."

Deputy Prime Minister of Armenia gets acquainted with Russian-made  electric vehicles
 Saturday, November 25 2023 14:24

ArmInfo. Yesterday, Deputy Prime Minister of Armenia Mher Grigoryan, together with the partners  of the Eurasian Economic Union countries, visited an exhibition of electric vehicles in Moscow, presented within the framework of the "Russia Forum" international exhibition. The press service of the RA government reports.

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Black Friday: FLYONE ARMENIA airline announces 50% discount on air  tickets
 Friday, November 24 2023 16:28

ArmInfo. In connection with the international Black Friday day, FLYONE ARMENIA airline announces a  50% discount on air tickets purchased from November 24 to 26. 

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Armenia, Iraq are working on launching direct flights and simplify  visa regime
 Friday, November 24 2023 13:42

ArmInfo. Armenia and Iraq are working on launching direct flights and simplify the visa regime.  This was stated by Armenian Minister of Economy Vahan Kerobyan on the sidelines of the conference on  Connecting Innovations Armenian-Iraqi Tech Initiative, which took place yesterday in Gyumri.

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In Oct 2023, number of income-generating jobs increased by  approximately 5% compared to Oct 2022
 Friday, November 24 2023 11:53

ArmInfo.In Armenia, the number of income-generating jobs in October 2023 was 730.255.

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Armenia, Switzerland discuss tourism, agriculture and vocational  education cooperation issues 
 Thursday, November 23 2023 18:37

ArmInfo.On November 23, Deputy Ministers of Economy of Armenia Arman Khojoyan and Rafael  Gevorgyan received the delegation led by Barbara Boeni Slaats, Regional Head of Cooperation South Caucasus at Swiss Agency for Development and Cooperation.

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Russian businesswoman Svetlana Ershova becomes owner of 47.6% of  shares of ZCMC, Armenia`s largest copper-molybdenum combine
 Thursday, November 23 2023 17:13

ArmInfo. Russian businesswoman Svetlana Ershova became the owner of 47.6% of the shares of Zangezur Copper Molybdenum Combine  (ZCMC), the largest copper-molybdenum combine in Armenia. 

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Car importers holding protest against tax amendments 
 Thursday, November 23 2023 13:56

ArmInfo.Armenian car importers are holding a protest in front of the government building.  The latter are dissatisfied with the adopted amendments to the Tax Code, which oblige them to pay tax on 20% of net income from the sale of a car. Whereas over the past, at least 10 years, none of the  importers have had a similar level of income, and such changes force  the latter to raise prices for selling cars. 

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Armenia`s premier announces new record number of jobs  
 Thursday, November 23 2023 12:21

ArmInfo.Prime Minister of Armenia Nikol Pashinyan announced a new record for the number of  registered jobs.

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Assistance programme for 100,00 forcibly displaced Nagorno-Kabarakh  Armenians completed
 Thursday, November 23 2023 12:20

ArmInfo.The program of one-time assistance for urgent needs in the amount of AMD 100,000 for  forcibly displaced persons from Nagorno-Karabakh is closed - the amount was paid to 108 thousand 360 citizens, Armenia's Minister of Labor and Social Affairs Narek Mkrtchyan stated at a Cabinet meeting on November 23. 

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Preparations for EBRD conference discussed in Armenia  
 Thursday, November 23 2023 10:21

ArmInfo. Chief of Staff of the Prime Minister Arayik Harutyunyan received Oleksandr Pavlyuk,  Senior Political Adviser at the European Bank for Reconstruction and Development (EBRD).

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RA President: Iraq is Armenia`s important and reliable partner of  Middle East; Yerevan is interested in developing bilateral agenda  with Baghdad
 Wednesday, November 22 2023 18:05

ArmInfo.There is a special dynamic in Armenian-Iraqi relations today. The bilateral agenda is quite extensive and includes many areas of cooperation - from trade and economic relations to the educational, cultural, humanitarian, and information technology sectors. RA President Vahagn Khachaturyan stated at a joint briefing with Iraqi President Abdul Latif Rashid.

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Road from Georgia to Russia through Upper Lars checkpoint is closed  for trucks
 Tuesday, November 21 2023 20:10

ArmInfo. The road through the Upper Lars international checkpoint (Georgian-Russian border) is open  only to passenger cars.  Customs attache of the RA Embassy in Russia Vahan Hakobyan told ArmInfo correspondent.

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Armenia to extend VAT exemption for imported electric vehicles for  one year   
 Tuesday, November 21 2023 14:26

ArmInfo.Armenia will extend the VAT exemption for imported electric vehicles for a year.  Armenia's parliament is considering a bill on introducing amendments to the Tax Code.

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As of Nov 20, 2023, Armenia`s tax revenues 17.2% more as against same  period 2022 
 Tuesday, November 21 2023 11:35

ArmInfo. As of November 20, 2023, the consolidated budget of the Republic of Armenia received AMD  1,919.5bln in tax revenue, which is 86.8% of the adjusted annual figure of AMD 2,211.4bln. 

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Construction of southern section of North-South transport corridor  discussed in Armenia 
 Tuesday, November 21 2023 11:31

ArmInfo.Representatives of Armenia and Iran at a meeting on November 21 discussed details of  the construction of the fourth section of the North-South transport corridor, reported the press service of the Ministry of Territorial Administration and Infrastructures of the Republic of Armenia.

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Armenia`s minister of economy, Finnish diplomats discuss  establishment of business ties between Armenia and NB8
 Tuesday, November 21 2023 11:22

ArmInfo. Armenia's Minister of Economy Vahan Kerobyan hosted Ambassador of Finland to Amenia  Kirsti Narinen and Finland's Honorary Consul in Armenia Timothy Straight.

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Armenia`s ministry of finance, EBRD to combine efforts to hold EBRD`s  Annual Meeting in Yerebvan at high level 
 Tuesday, November 21 2023 11:20

ArmInfo. Armenia's Minister of Finance Vahe Hovhannisyan hosted a delegation led by Mr Kazuhiko  Koguchi, Secretary General of the European Bank for Reconstruction and Development (EBRD). Attending the meeting were also Ms Stefania Galbiati Ball, Head, Annual Meetings, Protocol and Event Management  Unit at EBRD, and Mr George Akhalkatsi, Head of EBRD Yerevan Resident Office. 

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Vahan Kerobyan: number of labor migrants from India does not exceed  30 thousand people in Armenia
 Monday, November 20 2023 17:49

ArmInfo. In Armenia, the number of labor migrants from India does not exceed 30 thousand  people. Armenian Minister of Economy Vahan Kerobyan told reporters during a briefing on November 20, citing official sources.

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Minister of Economy: Tourism will focus on quality rather than  quantity
 Monday, November 20 2023 13:17

ArmInfo. Tourism in Armenia will be focused on quality rather than quantity. Armenian Minister of  Economy Vahan Kerobyan told reporters during a briefing on November 20 after a meeting of the Standing Parliamentary Committee.

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Open borders are always better than closed ones - SRC head on  possibility of opening Armenian-Turkish border
 Friday, November 17 2023 13:35

ArmInfo.Open borders are always better than closed ones.  Chairman of the State Revenue  Committee of the Republic of Armenia Rustam Badasyan told reporters on November 17, commenting on the possibility of opening the Armenian-Turkish border.

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News
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Over 10 cases initiated against biometric personal data processorsOver 10 cases initiated against biometric personal data processors
IT companies increased tax payments to state budget by 3.5%IT companies increased tax payments to state budget by 3.5%
High-Tech Minister visits Digitain,  one of leading Armenian  companies in iGaming High-Tech Minister visits Digitain,  one of leading Armenian  companies in iGaming 
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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
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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
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Up to 10% cashback from GetTransfer with IDBank cardsUp to 10% cashback from GetTransfer with IDBank cards
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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
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Cooperation with German Fichtner company discussed Cooperation with German Fichtner company discussed 
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U.S. capital important for Armenia`s mining industryU.S. capital important for Armenia`s mining industry
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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 
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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 
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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
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Armenia, Australia to strengthen cooperation in high-tech field Armenia, Australia to strengthen cooperation in high-tech field 
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Exchange rates
30.04.2024
RUB4.16-0.01
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CAD283.50-0.55
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Experts
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
Expert on Armenia`s international trade growth against Expert on Armenia`s international trade growth against "miserable  trade pattern"  
Expert: Armenia should use Georgian, Turkish transit opportunitiesExpert: Armenia should use Georgian, Turkish transit opportunities
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Commented
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
Gevorg Mantashyan: High-Tech Ministry makes consistent efforts for  emergence and progress of startups in ArmeniaGevorg Mantashyan: High-Tech Ministry makes consistent efforts for  emergence and progress of startups in Armenia
Bank of Georgia announces proposed acquisition of Ameriabank for  $303.6 millionBank of Georgia announces proposed acquisition of Ameriabank for  $303.6 million

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