ArmInfo.

ArmInfo.In Europe and in the developed countries of the world, one out of 40 small businesses  becomes large, while in Armenia, out of 500 small companies, only onegrows. Minister of Economy of Armenia Vahan Kerobyan announced  to  journalists on July 20.

ArmInfo.ACRA Rating agency affirmed the credit ratings of the Eurasian Development Bank (EDB) on the international scale at A-, to a outlook, and under the national scale at  AAA(RU), to a outlook; note rating - A-; bond ratings - AAA(RU).

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo. On July 19, the 21st session of the Small and Medium Business Development Council of the  Republic of Armenia was held under the leadership of Deputy Prime Minister Tigran Khachatryan.

ArmInfo.

ArmInfo.

ArmInfo.On July 19, Prime Minister of the Republic of Armenia Nikol Pashinyan chaired a meeting  during which issues related to the process of implementing the program for the formation of a digital society and digital economy were discussed. This was reported by the press service of the RA  government.

ArmInfo.Sepuh-1 will assemble SsangYong crossovers (South Korea). General Director of the National  Body for Standards and Metrology Albert Babayan told ArmInfo correspondent.  , he stressed.

ArmInfo. "Mets Masrik" LLC will receive a license for electricity production at "Arev" solar power  plant. The decision to issue a license was made at the July 19 session of the Public Services Regulatory Commission (PSRC).

ArmInfo.Amundi-Acba made an investment from the assets of Balanced and Conservative pension funds in the first EU-Armenia SME private equity fund that invests in the equity capital of companies operating in various sectors of the RA economy.

ArmInfo.  Exports of cars from Armenia to Russia have soared since last year. This is reported by  the Financial Times.

ArmInfo.  All sectors positively influence the dynamics of economic growth in Armenia, but the services sector still plays the main role. However, monthly data since the beginning of the year show that services growth is gradually slowing down - this is largely due to last year's strong performance and demand adjustment.  This is stated in the regular Macroeconomic Review published today, prepared by analysts of the Eurasian Development Bank (EDB).

ArmInfo.

ArmInfo.Iranian Energy Minister Ali Akbar Mehrabian says that Iran and Russia will exchange  electricity through the Republic of Azerbaijan, Mehr reports. 

ArmInfo. July 10 to 15, 2023, saw  a manifold increase in USD transactions, with a decline in RUB  transactions and no EUR transactions effected for the third week  running. Almost daily USD transactions were effected, with two RUB  transactions effected. No transactions were effected on Tuesday. USD  transactions showed a 9.8-fold increase against a 95.7% decline, with  RUB transactions showing a 59.5% decline against a 26.7% decline. As  a result, the total amount of USD transactions exceeded the total  amount of RUB transactions 6-fold, whereas RUB transactions exceeded  USD transactions 4-fold the previous week.