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Economy
11:24 22/10/2024World Bank reports 5.5% contraction in mining in ArmeniaIn August, growth in Armenia’s economic activity slowed to 5.6 percent (yoy), down from 6.2 percent (yoy) in July, the World Bank said in its monthly economic update.
14:04 21/10/2024Ruben Vardanyan no longer Kamaz co-ownerBusinessman and philanthropist Ruben Vardanyan, who is illegally imprisoned in Azerbaijan, is no longer listed among the co-owners of Avtoinvest LLC, a shareholder of Russia's largest truckmaker,...
11:34 17/10/2024Armenian deputy PM off to MoscowArmenia's Deputy Prime Minister Mher Grigoryan has travelled to Moscow to attend a session of the Eurasian Economic Commission Council on October 17-19.
14:05 16/10/2024Women in Armenia earn around 30% less than men for same work, report revealsLess than half of working age women in Armenia participate in the labor force mainly due to caregiving responsibilities for children and disabled family members.
13:04 10/10/2024Armenian government allocates 1.4 billion drams for subvention schemesThe Armenian government on Thursday approved a decision to allocate around 1.4 billion drams for the implementation of subvention schemes.
14:30 09/10/2024Ameriabank’s new offer: draw of investment portfolios for AMD 2MAmeriabank launches a new offer: all clients, who open a brokerage account online through MyInvest by December 24, will enter a draw for one investment portfolio of AMD 1,000,000 and two portfolios...
14:20 09/10/2024International conference celebrates 90th anniversary of YSU Faculty of Economics and ManagementOn October 8, one of the most significant scientific conferences in the history of the Faculty of Economics and Management was solemnly inaugurated at Yerevan State University.
13:16 07/10/2024FAO raises forecasts for global rice output and tradeThe benchmark for world food commodity prices saw its fastest increase in 18 months in September, with quotations up for all covered commodity groups, led by sugar, the Food and Agriculture...
17:06 03/10/2024Armenian government OKs purchase of 22 pickup trucks for eco-patrol serviceThe Armenian government on Thursday approved the purchase of 22 pickup trucks worth 509.5 million drams for the new eco-patrol service.
15:11 03/10/2024Trip to Dubai: Exciting new campaign for Byblos Bank Armenia premium cardholdersByblos Bank Armenia World Elite Mastercard cardholders have a chance to win a trip to Dubai. Premium cardholders can enter the promotion implemented in cooperation with Mastercard for a chance to win...
20:00 02/10/2024Ameriabank’s Special Offer for New Mastercard Holders. 1% Cashback and Lots of GiftsAmeriabank has launched a new campaign jointly with Mastercard payment system. Clients who order a new Mastercard from Ameriabank and make payments on international online platforms by December 31,...
16:10 30/09/2024Byblos Bank Armenia named General Sponsor of YSU Faculty of Economics and Management's 90th anniversary eventsByblos Bank Armenia is the General Sponsor of the jubilee celebrations marking the 90th anniversary of the Faculty of Economics and Management of Yerevan State University.
17:15 26/09/2024Wheat production in Armenia unprofitable, economy minister saysWheat production in Armenia is economically unprofitable, Minister of Economy Gevorg Papoyan told reporters outside the Armenian government building on Thursday.
14:25 25/09/2024Armenian pro-government MP backs gas imports from AzerbaijanArmenia could consider importing natural gas from Azerbaijan in the future to enhance its energy diversification and security, Babken Tunyan, an MP from the ruling Civil Contract party, told...
14:33 18/09/2024Pashinyan doesn't rule out natural gas imports from AzerbaijanPrime Minister Nikol Pashinyan says Armenia could consider importing natural gas from Azerbaijan after the possible conclusion of a bilateral peace agreement.
16:36 16/09/2024Ingo Armenia's phenomenon: Central Bank fails to oversee insurance providersInsurance companies operating in Armenia are factually out of control despite a body tasked with overseeing them, Pastinfo reports.
12:13 13/09/20245 more YSU students awarded AMD 1 million scholarship each: Byblos Bank Armenia continues to motivate young mindsFive more students from the Yerevan State University have been awarded nominal scholarships from Byblos Bank Armenia, each receiving 1 million drams.
12:03 11/09/2024U.S. government doubles funding ceiling for ArmeniaThe U.S. government has doubled its funding ceiling for Armenia to promote the development of democracy and the economy in the country. The United States and the Republic of Armenia marked an...
14:30 10/09/2024External demand for services continues to slow, CBA saysAt its meeting on Tuesday, the Board of the Central Bank of Armenia (CBA) decided to decrease the key policy rate (refinancing rate) by 0.25 percentage points, setting it at 7.50 percent.
12:54 10/09/2024Armenia's Central Bank lowers refinancing rateAt its meeting on Tuesday, the Board of the Central Bank of Armenia decided to reduce the refinancing rate by 0.25 percentage points, setting it at 7.50%.