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Economy
15:53 09/06/2023Pashinyan: Exports to EAEU countries almost tripledExports from Armenia grew by 77.7% in 2022, while exports to the Eurasian Economic Union (EAEU) countries almost tripled, Armenian Prime Minister Nikol Pashinyan said at the Eurasian Congress in...
13:07 07/06/2023World Bank forecasts 4.4% economic growth for Armenia in 2023Global growth has slowed sharply and the risk of financial stress in emerging market and developing economies (EMDEs) is intensifying amid elevated global interest rates, according to the World...
15:34 05/06/2023Turkish lira slips after appointment of finminTurkey’s lira slid almost 1% on Monday to weaken past 21 per dollar, in a shaky initial reaction to the appointment of highly-regarded Mehmet Simsek as finance minister, Reuters reported.
13:11 02/06/2023US Senate approves debt ceiling dealThe U.S. Senate on Thursday passed bipartisan legislation backed by President Joe Biden that lifts the government's $31.4 trillion debt ceiling, averting what would have been a first-ever default,...
19:52 31/05/2023Team Group of Companies has acquired 30% of Georgian SkyTelTeam Group of Companies has acquired 30% of SkyTel, one of the three leading telecommunications operators in Georgia.
14:36 29/05/2023Pashinyan: Armenia's debt to GDP ratio dropped to 46.7% in 2022Armenia's state debt to GDP ratio dropped to 46.7% last year, Prime Minister Nikol Pashinyan said in the parliament on Monday.
11:15 29/05/2023Biden, McCarthy finalize deal to raise U.S. debt ceilingWith days to spare before a potential first-ever government default, President Joe Biden and House Speaker Kevin McCarthy reached final agreement Sunday on a deal to raise the nation’s debt ceiling...
17:10 23/05/202315 YSU students will receive Byblos Bank Armenia scholarships and tuition reimbursementOn May 19, Byblos Bank Armenia and Yerevan State University signed a memorandum of cooperation to establish a framework for the Bank to provide scholarships and tuition reimbursement to 15...
16:45 22/05/2023U.S. visa fee increases take effect on May 30The U.S. Department of State has increased certain nonimmigrant visa (NIV) application processing fees globally. These fee increases are effective as of May 30, 2023, the U.S. Embassy in Yerevan...
14:35 17/05/2023Border village Berdavan almost completely illuminated – Viva-MTSBerdavan is one of the villages of Tavush region where the infrastructures working with new technologies have been installed since 2016.
16:00 16/05/2023Georgian Airways to resume direct flights to RussiaGeorgia’s flag-carrier Georgian Airways will resume direct flights to Russia from May 20, Reuters reported on Tuesday, citing the Georgian Civil Aviation Agency.
16:36 13/05/2023Sarsang Reservoir water levels dropped by 30 meters – Artsakh HPPAmid the breakdown of the only high-voltage overhead line feeding Artsakh from Armenia in Azerbaijani-held areas, Artsakh has been left relying only on domestically produced electricity since 9...
11:15 13/05/2023Pernod Ricard stops all drinks exports to RussiaFrench spirits group Pernod Ricard (PERP.PA) said on Friday it stopped exports of all its premium international brands to Russia at the end of April and also plans to cease the distribution of its...
15:22 12/05/2023Mesrop Arakelyan: Yerevan Municipality plans to pay $21,000 more for new trolleybusesThe inaction of Armenia’s law enforcement authorities regarding a possible abuse of funds in the purchase of trolleybuses by the Yerevan Municipality has “achieved new progress”, says Mesrop...
12:31 08/05/2023Brussels reportedly plans sanctions on Chinese companiesThe European Union has proposed sanctions on Chinese companies accused of selling equipment that could be used in weapons to support Russia's "war machine", Reuters reported on Sunday, citing the...
15:36 05/05/2023Armenia loses some 1.5 billion drams a month amid Russia's ban on Armenian dairy importsArmenia’s economy has been losing between 1.2 billion and 1.5 billion drams a month after Russia’s decision to ban imports of dairy products from the country.
13:35 04/05/2023Armenian government allocates 382 million drams for road maintenanceThe Armenian government endorsed a decision to allocate 382 million drams for road repairs at a meeting on Thursday.
12:45 02/05/2023Armenia's Central Bank leaves refinancing rate unchangedAt its meeting on Tuesday, the Board of the Central Bank of Armenia decided to leave the refinancing rate unchanged at 10.75%.
16:30 28/04/2023Economist explains sharp decline in taxes paid by ZCMC this yearArmenia's State Revenue Committee (SRC) on Thursday unveiled the amount of taxes paid by the country’s 1000 largest taxpayers in the first quarter of 2023.
15:07 28/04/2023Nasdaq spotlights Armenian tech company Krisp in NY Times SquareNasdaq American stock exchange presented the Armenian Krisp tech company in New York Times Square, Krisp co-founder Artavazd Minasyan said on Facebook.