ArmInfo. December 16 to 20, 2024, in Armenia's interbank foreign exchange market, three USD and three RUB transactions were effected, with no transactions effected on Thursday and Friday. No EUR transactions have been effected for nearly two months. USD transactions showed a 90% decline against a 10-fold growth the previous week. RUB transactions showed a 4.5-fold growth as against an 87.3% decline. The total amount of USD  transactions and that of RUB transactions thus proved almost equal. 

ArmInfo. Russia has maintained its position as the leader in private money transfers to Armenia,  while ceding the top spot in outflow to the United Arab Emirates (UAE).

ArmInfo.Telecom Armenia's  Sustainability-Linked Bonds (SLB) (Team Telecom Armenia trademark)  were approved at the Armenian Stock Exchange (AMX) on December 20 and will be listed on Armenia stock exchange's main (Abond) list  from December 25. This was reported by AMX.

ArmInfo.The European Bank for Reconstruction and Development (EBRD) as an anchor investor, is  participating in Team Telecom Armenia's (trademarked as Team Telecom Armenia),  $75 million (EUR 71.6 million) sustainability linked bond (SLB) with an investment of US $13.5 million (EUR 12.9 million) .

ArmInfo. once said Lucius Annaeus Seneca, the famous Roman Stoic philosopher, poet and statesman To ensure the safety of our hard-earned money, the modern world has come up with a system of guaranteeing bank deposits.

ArmInfo. Vice Speaker of the National Assembly of the Republic of Armenia Hakob Arshakyan took part in the UN Internet Governance Forum 2024 in Riyadh.

ArmInfo. Armenian Minister of Economy Gevorg Papoyan received Vice President of the pension fund C-Quadrat Ampega Asset Management Armenia Andreas Wimmer and member of the board Carlos Mendez de Vigo. Deputy Minister Sevak Mikaelyan was also present at the meeting, the press service of the RA Ministry of Economy reports.

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ArmInfo. Mutual foreign direct investment (FDI) of Armenia in the countries of the Eurasian region show positive dynamics. In the first half of 2024, the volume of mutual accumulated FDI increased from 37 to 841 million dollars. The number of investment projects of Armenia in the territory of the Eurasian region is 10.

ArmInfo. The Armenian government plans to sell its 21.875% stake (1/5 of the total share)  in the Zangezur Copper and Molybdenum Combine on the stock exchange through an initial public offering ( IPO).

ArmInfo. On December 19, at a regular meeting, the Government of Armenia approved the signing of a  convention with Japan for the avoidance of double taxation of income  and the prevention of fiscal evasion with respect to income and  capital taxes.

ArmInfo. On December 19, at a regular meeting, the Government of Armenia approved a proposal to sign additional agreement No. 1 to the agreement .

ArmInfo. On December 19, at a regular meeting, the Government of Armenia approved a proposal to sign an agreement on economic cooperation with the Government of Hungary.

ArmInfo.A few days ago, the Zangezur Copper and Molybdenum Combine (ZCMC) paid 33 billion 249 million drams to the state budget as dividends to the Armenian government. RA Prime Minister Nikol Pashinyan wrote about this on his Facebook page.

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ArmInfo. Gevorg Meliksetyan, the  Deputy Minister of High- Tech Industry of  Armeniamet with   Natalia Mochu, the Regional Director of the International Telecommunication Union (ITU) for the CIS countries, to discuss the potential for Armenia to participate in future ITU programs.  As reported by the press service of the Ministry, during the discussion the parties discussed upcoming actions to be implemented in Armenia  and reached an agreement on expanding mutual cooperation.  

ArmInfo. The IMF Executive Board completed the forth review under the Stand-By Arrangement (SBA)  with Armenia, providing the country with access to SDR 18.4 million (about US $24.12 million).

ArmInfo. The Upper Lars checkpoint is closed for trucks, Vahan Hakobyan, customs attache of the Armenian Embassy in Russia, told an ArmInfo correspondent.

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