ArmInfo.

ArmInfo. An event marking the official launch of the Capital Market Support Program was held in Yerevan, attended by the Deputy Minister of Economy of Armenia, Sevak Mikaelyan.  As reported by the press service of the Ministry of Economy of Armenia, the program aims to enhance the country's capital market and assist corporate companies in issuing bonds and shares. The program is being implemented by the European Bank for Reconstruction and Development (EBRD) with the support of the Ministry of Economy of the Republic of Armenia. The project is funded by the European Union.  Consulting firms Galt & Taggart and Ameria are also involved in the implementation of the project.  "The project aims to raise awareness of capital markets, improve access to them for specific companies and co-finance the costs of attracting financing from the capital market," the Ministry added.

ArmInfo. Converse Bank and the International Finance Corporation (IFC) are collaborating to enhance access to finance for small and medium-sized enterprises in Armenia. As part of this partnership, IFC will provide an unfunded risk sharing facility that covers 50% of the credit risk on a loan portfolio of US$ 10 million equivalent, enabling Converse Bank to expand its lending capabilities to SMEs.

ArmInfo.

ArmInfo.

ArmInfo. 4,479,792 AMD: this is the amount accumulated through "The Power of One Dram" initiative during the month of November, which has been transferred to the Armenia Tree Project (ATP) charitable foundation for its "Backyard Nurseries" program.  This program supports 113 village residents, helping them establish nurseries on their own land. The funds raised through "The Power of One Dram" will be used to purchase the planting material grown in these nurseries, which will then be planted for afforestation efforts.

ArmInfo. The EventHub.am platform, developed by  Dinno,  a subsidiary of Ameriabank's, is broadening its offerings.  From now on, EventHub.am provides a simpler and more convenient  solution for purchasing tickets to various events. This is noted in a  message fromAmeriabank, stating that next year, Eventhub will also be  accessible in Ameriabank's MyAmeria app, providing enhanced solutions  and various benefits to the bank's clients.  Currently, the  EventHub.am platform features over 300 events across more than 10  categories, including concerts, theater, children's events, stand-up  comedy, sports, etc. Does EventHub.am provide numerous discounts to  Ameriabank cardholders? Currently, when paying with Ameriabank cards,  a 5% cashback is available for all events on the platform, and for  some events, a 15-25% discount is provided with a promo code.

ArmInfo. Solving problems  in the South Caucasus region requires a comprehensive approach, and  in this sense, economic cooperation is an important tool for  maintaining international peace and security. Alen Simonyan, the  Chairman of the National Assembly of the Republic of Armenia, made  this statement while addressing the General Assembly of the  Parliamentary Assembly of the Black Sea Economic Cooperation.

ArmInfo. In January-November 2024, 2.08 million tourists visited Armenia, which is 5.4% lower than the same period last year.

ArmInfo. The rescue service  of the Ministry of Internal Affairs reports that as of the morning of  December 11, there is a closed road on the territory of the Republic  of Armenia.

ArmInfo.

ArmInfo. A natural process  of development is currently underway in Armenia's capital market, as  stated by Martin Galstyan, the head of the Central Bank, during a  press conference on December 10. He expressed hope that it will be  better in 2025.  In this vein, he spoke about a separate project with  the European Bank for Reconstruction and Development involving the  overnight rate. Additionally, he mentioned the draft law on the bond  market, which is currently under discussion in the National Assembly.  At the same time, the head of the Central Bank noted that there are  currently no transactions and negotiations at the level that he would  like to highlight in the capital market of Armenia.

ArmInfo. Graham Cook, the  World Travel Awards founder, has praised Armenia's achievements in  tourism. He made this statement during a meeting with Economy  Minister Gevorg Papoyan and Chairperson of the Tourism Committee of  Armenia Lusine Gevorgyan.

ArmInfo.  Prime Minister Nikol  Pashinyan  chaired a meeting to discuss the draft Strategic  Employment Program for 2025-2031. According to the press service of  the RA Cabinet of Ministers, the draft has been revised and finalized  several times in working discussions organized by both the parliament  and the executive body following the Prime Minister's instructions  from a previous meeting. The meeting covered the strategy's  objectives, principles, concept and expected results.

ArmInfo.

ArmInfo. According to the  calculations of the Central Bank of Armenia, the increase in public  transport prices may have an impact of almost 0.5% on inflation. This  was stated by  Martin Galstyan, the Chairman of the Central Bank of  Armenia, during a press conference on December 10. He also noted that  this is the maximum estimate.

ArmInfo.

ArmInfo. IDBank has exciting news for businesses! The bank is now offering its corporate clients a new IDMerch business loan/overdraft, designed to meet their financial needs.

ArmInfo.

ArmInfo. From January 2025, the process of providing urban planning documentation in all regions of Armenia and in Yerevan will be carried out exclusively  electronically through the Urban.e-gov.am platform. This was recalled  in a statement by the Urban Development Committee of the Republic.