ArmInfo.Converse Bank has been awarded with the “Best Trade Finance Provider in Armenia” for 2024 award by the prestigious Global Finance magazine.

ArmInfo. According to TasteAtlas, a guide to national dishes of the world, which contains authentic recipes, reviews from critics and research articles about popular ingredients and food, Armenia took 69th place among 100 countries of the world. Armenian pomegranate, apricot, cheeses of "Chechil", "Lori", matsun, etc. were identified as the highest rated products.

ArmInfo. In 2023, Russians registered 3,400 companies in Armenia. According to the results of  research conducted by the Finion company experts calculated for Forbes.  

ArmInfo. On January 17, the 31st "Convergence India" Expo, India's largest Tech event kicked off  in the "Pragati Maidan" exhibition complex of New Delhi, the capital of India, the press service of the Ministry of High- Tech Industry reports.  

ArmInfo.At its meeting on January 18, the Government of Armenia approved the ratification of  the loan agreement of the   Seismic Safety Improvement Program (additional financing) between the Republic of Armenia and the Asian Development Bank (ADB) worth 66.1 million euros.

ArmInfo.Armenia will attract EUR 25,000,000 for the Yerevan Energy Efficiency Phase II project.  Armenia's Cabinet approved a relevant decision on January 18. 

ArmInfo.On January 18, Armenia's Cabinet approved a decision on the RA government accepting  12.5% of the Lydian Armenia shares as a gift.  

ArmInfo. Armenia's Minister of Ecponomy Vahan Kerobyan has left for Germany to participate in the  Global Forum for Food and Agriculture 2024 (GFFA).

ArmInfo.Armenia's Cabinet has approved the ratification of the EUR 60mln financial agreement  Yerevan Urban Development Investment Project with the Asian Development Bank (ADB) of November 27, 2023. 

ArmInfo.Converse Bank announces on the completion of Euroterm CJSC corporate bonds allocation ahead of schedule. From 28.11.2023 to 12.01.2024, Converse Bank allocated bonds with total volume of AMD 500 million with a coupon rate of 12.5% and a maturity of 36 months.

ArmInfo. Since January 1 of this year, subsidies to local self- government bodies of Armenia have  increased significantly. Prime Minister of the Republic of Armenia Nikol Pashinyan stated on January 17 during government hour in the National Assembly of the Republic of Armenia, answering a question  from MP David Arushanyan.

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ArmInfo. The European Bank for Reconstruction and Development (EBRD) and Amundi-ACBA Asset  Management are joining forces to facilitate access to local currency financing and strengthen the local capital market in Armenia. This was reported by the press service of the Amundi-Acba Asset Management  pension fund.

ArmInfo. In case of fulfillment of certain conditions by drivers in Armenia, the amount of fines for the absence of an insurance contract will be reduced 4-fold. At the plenary session on January 16, the National Assembly  of the Republic of Armenia introduced amendments to the Code of Administrative Offenses in the second and final reading.

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ArmInfo. The feasibility of building a new nuclear power unit in Armenia was presented to Prime  Minister Nikol Pashinyan at the Nuclear Safety Regulatory Committee. 

ArmInfo. The application of MTS Armenia CJSC (Viva-MTS brand, a subsidiary operator of the Russian  MTS PJSC) to complete a transaction for the sale of company shares may be rejected. This is stated in the draft decision of the Public Services Regulatory Commission (PSRC) of the Republic of Armenia,  which will be considered on January 17.

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ArmInfo. The GTB Steel company, which was forced to move the metallurgical plant project from Yeraskh  to the city of Ararat, will receive a loan of 3.5 billion drams from the RA government. The resolution was adopted on January 11 at a meeting of the Cabinet of Ministers.

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