ArmInfo. In Q1 2022, 1,046 real estate purchase and sale transactions were made in Armenia by foreigners, which is 31.6% higher than a year ago. At the same time,  foreigners accounted for 8.6% of the total number of transactions  (instead of 7.2% a year earlier).

ArmInfo.

ArmInfo. The average market price of apartments in the regions of Armenia in Q1 2022 compared to the same period in 2021 increased by 15.5%, with an increase of 5%  over the quarter, amounting to an average of 107.8 thousand drams / 1  sq.m. At the same time, transactions for the sale and purchase of  apartments in the regions increased by 31.1% y-o-y, 1453 transactions, demonstrating a decline of 5.9% over the quarter.

ArmInfo.

ArmInfo.

ArmInfo.Food and energy price shocks due to war in  Ukraine could last for years. Shift to more costly trade patterns has  begun; transition to cleaner energy could be delayed. The war in  Ukraine has dealt a major shock to commodity markets, altering global  patterns of trade, production, and consumption in ways that will keep  prices at historically high levels through the end of 2024, according  to the World Bank's latest Commodity Markets Outlook report.

ArmInfo.

ArmInfo.GeoProMining announces the completion of the co-financing of the second subvention community development program in the Vardenis region of the Gegharkunik region of Armenia. This was noted during the meeting of the General Director of GPM Gold Anatoly Gogotin with the Governor of the Gegharkunik region Karen Sargsyan.

ArmInfo. Even with high economic growth rates in January- February 2022, poverty is rapidly spreading in Armenia, and the government needs tremendous efforts to  prevent a social disaster, Armenia's Minister of Economy Vahan  Kerobyan stated at the panel meeting Central Asia: Area of  Technological Breakthrough in Tashkent, Uzbekistan. 

ArmInfo.If earlier about 98% of applications for business relocation to Armenia came from the business sector operating in the IT field, today the industry segment  has expanded, covering manufacturing, logistics services, etc.  Founder of the BWB (Business Without Borders) initiative Mher  Ghazaryan said this in an interview with ArmInfo.

ArmInfo.

ArmInfo.The Central Bank of Armenia, in order to avoid the accumulation of risks on mortgage loans, from April 1, 2022 introduced the LTV (loan-to-value,  loan/collateral value) standards (5/1 and 5/2) with the maximum  threshold for the maximum loan/collateral value ratio at a rate of  90% for loans in AMD and 70% for loans in foreign currency.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo. Telecom Armenia is completing its rebranding process, which started with the purchase of Veon Armenia (Beeline brand). 

ArmInfo.

ArmInfo.

ArmInfo.The Central Bank of the Republic of Armenia, having studied numerous applications and received alarms, revealed that "One Card" LLC which operates in Armenia, publicly attracts citizens' funds, proposing to double and return them with a  certain "surcharge".

ArmInfo.