Global economic growth to slow -EDB
 Friday, February 16 2024, 13:14

ArmInfo. Global economic growth will slow, according to the Macroeconomic Outlook 2024-2026 by  the Eurasian Development Bank (EDB). 

EDB expects fiscal policy to stimulate Armenian economy in 2024 
 Friday, February 16 2024, 13:10

ArmInfo.The baseline scenario projects Armenian GDP growth at 5.7% in 2024 and 5.3% in 2025. Inflation could accelerate to  3.6% in  2024 amid continued elevated domestic demand, a moderate weakening of the national currency, and the ongoing cycle of refinancing rate reductions, according to the Macroerconomic Outlook by the Eurasian Development Bank (EDB). 

Armenian Card: arca.am application to stop operating from Apr 15,  2024
 Friday, February 16 2024, 13:05

ArmInfo.The Armenian Card CJSC has announced its plans to stop operating the arca.am  application. 

Bank of Georgia Group PLC announces possible transaction to acquire  Ameriabank CJSC
 Thursday, February 15 2024, 19:44

ArmInfo.Bank of Georgia Group PLC ( or ) clarifies recent media rumors regarding a potential transaction involving Ameriabank CJSC (), a leading bank in Armenia, and confirms that "it is in "advanced discussions" regarding its potential acquisition of Ameriabank CJSC."

Armenian insurance sector profit decreased by 33% in 2023
 Thursday, February 15 2024, 17:53

ArmInfo. The net profit of the insurance sector of Armenia dropped by 33% in 2023, after a 4.5-fold  increase in 2022. "This resulted from higher reimbursement growth of 30% with a modest 17% increase in premiums.

With HSBC`s withdrawal, Armenia loses last transnational  institutional investor - analysts
 Thursday, February 15 2024, 17:45

ArmInfo. The likelihood of attracting a new international brand to the Armenian financial market  is quite low. Economist Haykaz Fanyan expressed a similar opinion on his Facebook page, commenting on the HSBC's withdrawal from Armenian market.

 Thursday, February 15 2024, 17:38

ArmInfo.

Armenia amends Gyumri Urban Roads Project agreement with EBRD
 Thursday, February 15 2024, 13:04

ArmInfo. On February 15, the Government of Armenia approved the proposal to sign Agreement No. 2  on amending the loan agreement Gyumri Urban Roads Project signed between the Republic of Armenia and the European Bank for Reconstruction and Development (EBRD) on May 11, 2016. 

 Thursday, February 15 2024, 11:37

ArmInfo.

Food Safety Inspection Authority of Armenia responds to  Rospotrebnadzor`s decision to suspended sale of Jermuk mineral water
 Wednesday, February 14 2024, 15:01

ArmInfo.Jermuk mineral water has been exported to Russia since 2001, gradually increasing the volume from 350,000 liters to 15,273,000 liters per year, and each imported batch complies with the technical regulations of the Eurasian Economic Union, reads an official statement by the Food Safety Inspection Authority of Armenia. 

 Wednesday, February 14 2024, 11:20

ArmInfo.

Within year, TUMO Center for Creative Technologies to open in Los  Angeles
 Tuesday, February 13 2024, 19:31

ArmInfo. "4146 Lankershim Blvd, North Hollywood is the new home of TUMO Los Angeles". This  information is posted on the Facebook page of TUMO Center for Creative Technologies.

S&P Global Ratings upgrades Ardshinbank to `BB-`; outlook "Stable"
 Monday, February 12 2024, 20:43

ArmInfo. S&P Global Ratings upgraded its long-term issuer credit rating on Ardshinbank CJSC to  'BB-' from 'B+' and revised the outlook on the rating to "stable". At the same time, we affirmed our 'B' short-term issuer credit rating on the bank. This is noted in a message from S&P Global Ratings.

 Monday, February 12 2024, 19:19

ArmInfo.

Ministry of Economy: Armenia almost doubled industrial and natural  diamonds` export in 2023
 Monday, February 12 2024, 19:04

ArmInfo. At the end of 2023, 4.4 million technical (synthetic) and natural, rough and processed diamonds were  exported from Armenia, almost twice as much as a year ago. Arevik Margaryan, Head of the Department of Strategic Sector of the Ministry of Economy, informs.

Armenian official, ADB reps discuss construction, management projects  
 Monday, February 12 2024, 12:34

ArmInfo. Armenia's Deputy Minister of Territorial Administration Vache Terteryan held a meeting  with a delegation of the Asian Development Bank (ADB) led by Mr Don Lambert, Country Director for ADB's Armenia Resident Mission.

Emphasis in export strategy must be placed on markets not yet open to  us - Armenia`s economy minister 
 Monday, February 12 2024, 12:33

ArmInfo. "The emphasis in the export strategy must be placed on markets that are not yet open  to us," Armenian Minister of Economy Vahan Kerobyan stated during a working discussion of the results of the analytical report on the export strategy for 2025-2030, developed with the support of the US Agency for International Development (USAID).

Fitch upgrades ACBA Bank to `BB-`; Outlook stable
 Saturday, February 10 2024, 01:31

ArmInfo.Fitch Ratings has upgraded ACBA Bank Open Joint-Stock Company's (ACBA) Long-Term Issuer  Default Rating (IDR) to 'BB-' from 'B+', and the bank's Viability Rating (VR) to 'bb-' from 'b+'. The Outlook is Stable. The Fitch Ratings press release received by ArmInfo reads.

EEC: it is necessary to develop the initiative to establish EAEU  trading houses in Iran
 Friday, February 9 2024, 15:20

ArmInfo.It is necessary to develop the initiative to establish EAEU trading houses in Iran and  in the territories of other promising partner countries.

 Friday, February 9 2024, 15:12

ArmInfo.



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