South Africa expresses interest in developing cooperation with  Armenia in jewelry and cutting industry 

 Friday, April 19 2024 17:36:00
South Africa expresses interest in developing cooperation with  Armenia in jewelry and cutting industry 

ArmInfo. Minister of Economy of Armenia Gevorg Papoyan met with Ambassador of the Republic of South Africa to Armenia Shoayb Casoo.

Minister of Economy: It is necessary to diversify export  destinations, rather than trying to find ways in one direction
 Monday, January 8 2024 17:43

ArmInfo. In 2 months, the Ministry of Economy of Armenia will present a new export strategy,  the main goal of which is the export of high-standard products that are in demand in numerous countries. Armenian Minister of Economy Vahan Kerobyan stated during a press conference on Monday.

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Tehran: development of trade and transit cooperation cannot become  basis for geopolitical changes in region
 Monday, January 8 2024 16:01

ArmInfo. The development of trade and transit cooperation cannot become a basis for geopolitical  changes in the region. This was stated by Spokesperson of the Iranian Foreign Ministry Nasser Kanani, commenting on the statement of the Turkish Minister of Transport regarding the establishment of a  corridor through the Syunik region of the Republic of Armenia.

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Yerevan mayor announces bill to effectively combat illegal  construction
 Monday, January 8 2024 14:17

ArmInfo. Yerevan is preparing a bill to effectively combat illegal construction and seizure of land, Yerevan Mayor Tigran Avinyan stated at a working meeting of the Council of Elders on January 8.

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French Development Agency to allocate EUR 1mln to health system in  Armenia`s Syunik
 Monday, January 8 2024 14:07

ArmInfo.France, through the Agence Francaise de l'AFD - Agence Francaise de D‚veloppement, supports the AGBU (Armenian General Benevolent Union) for the improvement of the health system in Syunik. Thanks to an AFD grant of 1 million euros, AGBU, via the intervention of Sante Armenia, is aiming for three objectives:

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Changes in ANIF management 
 Monday, January 8 2024 12:37

ArmInfo.The Armenian National Interests Fund (ANIF) has announced changes in its management staff. On the initiative of the Ministry of Economy, changes were made to the management staff, including the board of  directors of ANIF. Previously the Board of ANIF was chaired by Dominique de Villepin, former PM of and Minister of the Interior of France. 

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Authorized capital of national air carrier of Armenia has been replenished, Ministry of Economy reports
 Friday, January 5 2024 18:01

ArmInfo. The authorized  capital of National Airlines of Armenia CJSC (Fly Arna) has been  increased by 2,011,050,000 drams. This was reported by the press  service of the Ministry of Economy.  According to the source, the  decision was made on December 25 last year at the general meeting of  shareholders of the company.

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From January 1, 2024, people with disabilities in Armenia may use service of personal assistant
 Thursday, January 4 2024 17:58

ArmInfo. From January 1, 2024,  persons with disabilities will be provided with the service of a  personal assistant. The decision was made on January 4 at a meeting  of the Cabinet of Ministers.

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Government of Armenia determines conditions for providing additional payment for academic degree
 Thursday, January 4 2024 14:56

ArmInfo. Scientific workers with  an academic degree involved in budgetary basic programs and working  full time from January 1, 2024 will receive an additional payment.  The decision was made at a meeting of the Armenian Cabinet of  Ministers on January 4.

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Electronic income declaration system of RA citizens to start functioning no earlier than March 2024- SRC head
 Thursday, January 4 2024 14:13

ArmInfo.In Armenia, those  persons who are subject to the mandatory declaration of their  incomes, when entering the electronic system, will notice that some  parts of the application will be pre-filled. Chairman of the State  Revenue Committee of the Republic of Armenia Rustam Badasyan told  reporters on January 4.

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Based on last year`s results, significant improvement in ratio of taxes to GDP in Armenia to be recorded - SRC chief
 Thursday, January 4 2024 12:49

ArmInfo. According to the  forecasts of the State Revenue Committee of the Republic of Armenia,  according to the results of last year, a significant improvement in  the ratio of taxes to GDP in Armenia will be recorded. The head of  the department, Rustam Badasyan, stated on January 4 in a  conversation with reporters.

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Armenia extends ban on export of raw leather
 Thursday, January 4 2024 11:53

ArmInfo. Armenia's Cabinet has  extended the ban on the export of raw leather once again.   As noted in the explanation to the document, currently local  industrial companies engaged in leather processing in Armenia have a  demand for leather raw materials, and the capabilities of the raw  material base are still not fully used.

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

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

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Lori governor dismissed
 Thursday, January 4 2024 11:31

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

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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.

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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. 

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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%.

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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.

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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.

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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.

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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.

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News
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
ADB intends to expand its areas of activity in ArmeniaADB intends to expand its areas of activity in Armenia
ADB forecasts 5.7% economic growth for Armenia in 2024ADB forecasts 5.7% economic growth for Armenia in 2024
Conversebank to present its Converse Leasing product at annual  Leasing ExpoConversebank to present its Converse Leasing product at annual  Leasing Expo
By rebranding, INGO Armenia IC begins new stage of developmentBy rebranding, INGO Armenia IC begins new stage of development
Some countries refusal to service Russian Mir bank cards against  common interests - Elvira NabiullinaSome countries refusal to service Russian Mir bank cards against  common interests - Elvira Nabiullina
USAID to invest additional $33mln in Armenia`s economy USAID to invest additional $33mln in Armenia`s economy 
Idplus Bonuses in Idram&IDBank ApplicationIdplus Bonuses in Idram&IDBank Application
Deputy PM: we are ready for any assistance to contribute cargo  aviation establishmentDeputy PM: we are ready for any assistance to contribute cargo  aviation establishment
Mkhitar Hayrapetyan on TV broadcasting agreement with RF: If our  proposals are not taken into account, we do not rule out possibility  of terminating agreement unilaterallyMkhitar Hayrapetyan on TV broadcasting agreement with RF: If our  proposals are not taken into account, we do not rule out possibility  of terminating agreement unilaterally
Armenia, Iran discuss organization of joint production in various  branches of economy Armenia, Iran discuss organization of joint production in various  branches of economy 
ADB ready to fund northern section of Sisian-Kajaran highway of  North-South transport corridor  ADB ready to fund northern section of Sisian-Kajaran highway of  North-South transport corridor  
Armenia`s Ministry of High-Tech Industry developing sectoral strategy Armenia`s Ministry of High-Tech Industry developing sectoral strategy 
Armenia`s footwear exports to Russia 11 times up Armenia`s footwear exports to Russia 11 times up 
EDB sets course for digital future of transportation at joint EEC and  ESCAP eventEDB sets course for digital future of transportation at joint EEC and  ESCAP event
Team`s Next Generation Networ is already available in AshtarakTeam`s Next Generation Networ is already available in Ashtarak
Kazakhstan`s potential exports to Armenia total $350mln - minister Kazakhstan`s potential exports to Armenia total $350mln - minister 
Armenia`s economy to face crisis if Moscow severs economic ties with  Yerevan - ex-premier Armenia`s economy to face crisis if Moscow severs economic ties with  Yerevan - ex-premier 
Acquisition of Ameriabank by BOGG PLC int`l financial group completedAcquisition of Ameriabank by BOGG PLC int`l financial group completed
Armenian service sector generated revenue of $1.2 billion in first  two monthsArmenian service sector generated revenue of $1.2 billion in first  two months
EEC: EAEU common electricity market is at high level of readinessEEC: EAEU common electricity market is at high level of readiness
Armenia`s metallurgical industry increased production volumes by 37%  in first 2 monthsArmenia`s metallurgical industry increased production volumes by 37%  in first 2 months
Idram and IDBank participated in the signing ceremony of the Declaration of Women`s Empowerment PrinciplesIdram and IDBank participated in the signing ceremony of the Declaration of Women`s Empowerment Principles
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