ArmInfo.

ArmInfo.The profit of the insurance sector of Armenia decreased by 79.2% in 2021 - to 849.4 million drams ($1.8 million), while for  Q4 alone it decreased by  60.1%.  

ArmInfo.Armenia's Premier Nikol Pashinyan hosted Japanese Ambassador to Armenia, Mr. Masanori Fukushima. 

ArmInfo. Expo-2020 is the world's largest-scale exhibition, with over 10 million visitors reported. And over 300,000 people have visited the Armenian pavilion,  stated RA Deputy Minister of Economy Narek Teryan.     

ArmInfo. Since today, compulsory motor vehicle  insurance policies (CMTPL) in Armenia have risen in price by 3.000  drams ($6.5).

ArmInfo. A number of Italian companies are interested in investing in Armenia's agricultural and energy sectors, RA Minister of Economy Vahan Kerobyan wrote in a  Facebook message. 

ArmInfo.Yerevan and Vienna announced an Armenian- Austrian business forum with the participation of representatives of 20 Austrian companies.

ArmInfo.The "National Day of Armenia" started at the "Expo 2020 Dubai. This is stated in the official statement of the Ministry of Economy of Armenia.  

ArmInfo. Fly Arna, Armenia's national airline and a joint venture company between the Armenian National Interests Fund (ANIF) and Air Arabia Group, has announced  the appointment of Mr. Antony Price as Chief Executive Officer.

ArmInfo.

ArmInfo. Last year, Armenia's insurance sector paid taxes totaling AMD 2.6bln - up by a 36.8% as compared with 2020. Direct taxes totaled AMD 2.2bln or 87.7% of the  total amount. 

ArmInfo.The construction of the Yeraskh-Julfa-Ordubad- Meghri-Goradis railway is not a heavy burden for Armenia from a financial point of view. Prime Minister of  Armenia Nikol Pashinyan stated this live.

ArmInfo.The European Bank for Reconstruction and Development (EBRD), as well as donors, have provided a US $25mln to support to Ameriabank in Armenia for  on-lending to private businesses in the country, reports the EU  Delegation to Armenia. 

ArmInfo.Fly Arna, Armenia's national airline and a joint venture company between the Armenian National Interests Fund (ANIF) and Air Arabia Group, announces the  appointment of its Board of Directors.

ArmInfo. At the end of December 2021, a Memorandum of Cooperation was signed between the National Depository of Ukraine (NDU) and the Central Depository of Armenia (CDA), in particular, the Memorandum provides for cooperation on the issues of the new application of Armenian Depository - CDA Online, as well as electronic voting.

ArmInfo.

ArmInfo. In Armenia, the number of vehicles with CMTPL policy is gradually recovering its growth rates, allowing the increase in fees to gain momentum. Thus,  according to the Bureau of Motor Insurers of Armenia, their number  increased by 9.6% per annum in 2021, with an exit from the 12.4%  decline in 2020, but so far is much inferior to the pre-Covid  ascending 18.5% in 2019.

ArmInfo.The Ministry of Economy announced the launch of a program to assist the textile industry in Armenia. According to the press service of the Ministry,  the program is being implemented in Armenia with the financing of the  "Good Governance Fund" of the United Kingdom government, with the  support of the European Bank for Reconstruction and Development  (EBRD), in cooperation with the Business Assistance Office. The  program is aimed at the sustainable, inclusive development of the  textile industry in Armenia.

ArmInfo.RA President Armen Sarkissian, who is on a working visit to the United Arab Emirates, at a meeting with Managing Director and Group Chief Executive Officer of  Mubadala, Khaldoon Khalifa Al Mubarak, once again expressed his  gratitude for the readiness of the Masdar Company, which is a branch  of the Mubadala Investment Company, to implement projects in the  field of renewable energy in Armenia, a total of 400 MW.

ArmInfo. Armenian President Armen Satrkissian, who is on a working visit to the United Arab Emirates, held a meeting Abu Dhabi with Mr Mohamed Jameel Al Ramahi,  Chief Executive Officer of Abu Dhabi Future Energy Company (Masdar),  the RA presidential press office reports.