ArmInfo. The new owner of the Golden Palace Hotel in Tsakhkadzor, Narek Nalbandyan, was allowed to  re-mortgage the hotel, Hetq.am reported with reference to the Cadastre Committee.

ArmInfo.For the first time, based on the results of May 2024, the share of internal debt in the structure of Armenia's public debt exceeded 50%. This has its positive and negative sides, and primarily to ensure the 7% GDP growth promised by the authorities. A similar assessment was made by Associate Professor of the Armenian State University of Economics, economist Agasi Tavadyan.

ArmInfo. The bonds of "Farm Credit Armenia" UCO CC (Universal Credit Organization Commercial Cooperative) have been listed at the Armenia Securities Exchange, and resident and non-resident individuals and legal entities have the opportunity to acquire the company's bonds. This is noted in the message of the Armenia Securities Exchange.

ArmInfo.AraratBank OJSC will begin paying dividends to shareholders from June 28, allocating 2.5  billion drams ($6.4 million) for this from the net profit received for 2023 of 10.8 billion drams ($27.9 million). The remaining 8.3 billion drams ($21.5 million) remain at the disposal of the bank and will be used for its development. This decision was made at the General Annual Meeting of AraratBank shareholders held on June 26.

ArmInfo.Armenian winemakers took part in the Vinexpo New- York 2024 international exhibition in  the USA for the first time.

ArmInfo. The creation of the North-South road corridor for will be of double importance for  Armenia, Alexander Zaboev, head of the Center for Integration Studies of the Eurasian Development Bank (EDB), said this on the sidelines of the EDB Annual Meeting and Business Forum in Almaty in an interview  with ArmInfo.

ArmInfo.There is no progress in the project to build a new Yerevan metro station. Senior Managing  Director of the Eurasian Development Bank (EDB) Denis Ilyin stated this on the sidelines of the annual meeting and business forum of the EDB in a conversation with correspondents of ArmInfo and Sputnik-Armenia. According to him, the EDB has provided everything it can give to this project in terms of a grant mechanism and loans. 

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ArmInfo.The Eurasian Development Bank (EDB) could and would like to invest projects in Armenia totaling $500 million over the next three years, from 2024 to 2026.  Senior Managing Director of the Eurasian Development Bank Denis Ilyin stated this on the sidelines of the EDB Annual Meeting and Business Forum in a conversation with ArmInfo and Sputnik-Armenia correspondents on June 27, touching on the prospects for revising the  Bank's country strategy for Armenia.

ArmInfo.Moody's Ratings has today upgraded ID Bank CJSC's (IDBank) long-term local and foreign currency bank deposit ratings to Ba3 from B1 and maintained the stable outlook.

ArmInfo.The growth of economic activity in Armenia has slowed sharply. Experts from the Luys  Foundation came to this conclusion after analyzing the socio-economic development of the RA economy in January-May 2024.

ArmInfo. Development of the Amulsar gold mine in Armenia may begin in the spring of 2025 if all  remaining issues are agreed upon. Senior Managing Director of the Eurasian Development Bank Denis Ilyin stated this on the sidelines of the EDB Annual Meeting and Business Forum in a conversation with  ArmInfo and Sputnik-Armenia correspondents on June 27, noting the corresponding question.

ArmInfo. The Eurasian Development Bank (EDB) is open and will be happy to work to attract  new shareholders, including Turkey. Chairman of the Board of the Eurasian Development Bank (EDB) Nikolai Podguzov stated this on June 27 in Almaty within the framework of the EDB Annual Meeting and  Business Forum in a conversation with journalists to clarify how things stand in the matter of cooperation with Turkiye.

ArmInfo.The Eurasian Development Bank (EDB) presented a report on the Eurasian Transport Framework. The  presentation took place as part of the bank's annual meeting and business forum taking place in Almaty.

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ArmInfo.If Azerbaijan expresses a desire to join the Eurasian Development Bank (EDB), the Bank is  ready to consider this application. Chairman of the Board of the Eurasian Development Bank (EDB) Nikolai Podguzov stated this on June 27 in Almaty, within the framework of the Annual Meeting and Business  Forum of the EDB, in a conversation with journalists to clarify how the cooperation of the Bank and the bank's member countries with Azerbaijan is progressing and what are the prospects for joining Azerbaijan to this bank.

ArmInfo.Over the past two years, the EDB's portfolio in Armenia has grown several times, increasing by $150-200 million. Chairman of the Board of the Eurasian Development Bank (EDB) Nikolai Podguzov stated this on June 27 in Almaty within the framework of the Annual Meeting and Business Forum of the EDB in a conversation with journalists, touching on the Bank's new projects in Armenia and the prospects for the Republic's  participation in the Eurasian Transport Framework project.