ArmInfo.The technology developed by the Revalcon startup simplifies the entire irrigation process: the process is controlled by mobile and web applications.

ArmInfo.

ArmInfo. The IMF will continue to promote the development of the Armenian economy through the implementation of programs.  International Monetary Fund (IMF)  mission head in Armenia Iva Petrova stated this during a working  meeting with the Minister of Economy of Armenia Vahan Kerobyan, on  September 30.

ArmInfo.To help smaller businesses in Armenia thrive, IFC is providing a new $15 million loan to Evocabank, that will help support growth and job creation amid the lingering impacts of COVID-19.

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ArmInfo.As a result of the cooperation between Acba bank and European Bank for Reconstruction and Development (EBRD) USD 25 million will be directed at the development of Armenia’s economy  through financing micro, small and medium enterprises, as well as companies led by women. Financing will be provided via Armenian drams or U.S. dollars.

ArmInfo. ACBA Bank is the fourth bank to officially join the government-sponsored 10% cashback programme for pensioners and reliefers, Armenia's Minister of Labor  and Social Affairs Narek Mkrtchyan said a Cabinet meeting on  Thursday. 

ArmInfo.According to the Asian Banking & Finance Wholesale and Retail Banking Awards 2022 annually held by Asian Banking & Finance, an international business publication, Ardshinbank was recognized as the Best Retail Bank of the Year in Armenia for the third consecutive time.

ArmInfo.Orion Worldwide Innovations and BAJ Accelerator, a startup growth and ecosystem acceleration hub, will host the 9th cohort of startup growth  acceleration program on September 18-23, 2022. 94 startups  participated in the previous 8 cohorts, of which 53 were Armenian  (operating in Armenia or other countries). For participation in the  program, startups can apply until September 8 by filling out the  application form. 

ArmInfo. From September 26 to September 30, a professional "Neruzh 3.0" repatriation program will be implemented in Dilijan, in which over 60 representatives of 30  start-up teams from around the world will take part. David Sahakyan,  Deputy Minister of High-Tech Industry, stated this in an interview  with the First TV Channel of Armenia.

ArmInfo.This September the basic pension will be raised 17% in Armenia, with a 7% average pension rise. 

ArmInfo. On August 23, the Board of the Eurasian Economic Commission decided to establish and distribute tariff quotas for a number of types of meat products and  whey for 2023. This was reported by the press service of the EEC.

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ArmInfo.Over 500 Armenian servicemen will benefit from a soft lending programme. Armenia's government has approved a relevant decision. 

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ArmInfo.At the end of 2022, Armenia will ensure the GDP growth rate of 7%, which is included in the state budget. Armenian Finance Minister Tigran Khachatryan made a  similar forecast on June 30 at a government meeting.

ArmInfo. On 23 June, 2022 at 13:00 turbine generator ь4, then at 20:56 turbine generator  of the Armenian NPP Unit 2 were connected to the national grid of Armenia,  the press service of the ANPP reports.

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ArmInfo.AUA Entrepreneurship and Product Innovation Center (EPIC) has announced the start of accepting applications for participation in the Entrepreneurship  World Cup (EWC) 2022.  

ArmInfo.Two years ago, on June 8, the Internet was flooded with the following phrase: "Everything starts from one dram". It was not clear what that meant ․․․ A few hours later, Idram announced the launch of the initiative “The power of one dram”, noting that from that day on, the company would transfer 1 AMD to the initiative for any payment, made through the Idram payment system.