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Economy
14:45 17/01/2022Wealth of world's 10 richest men doubled in pandemic – OxfamThe pandemic has made the world's wealthiest far richer but has led to more people living in poverty, BBC News reports, citing the charity Oxfam.
12:33 15/01/2022Yerevan ensures economic growth for Vahan KerobyanYou may well remember that Armenia’s Minister of Economy Vahan Kerobyan assessed traffic jams in Yerevan as an indicator of economic activity.
19:45 14/01/2022Pashinyan signs decision to set up a working group on railway restoration from Yeraskh to Azerbaijani border and Meghri sectionsNikol Pashinyan signed on Friday a decision on setting up a working group for the effective implementation of the reconstruction program of Yersakh – Azerbaijani border and Merghri sections of the...
13:21 13/01/2022Flyone Armenia to launch non-scheduled commercial flights to Istanbul from Feb. 2Flyone Armenia air company will launch non-scheduled, commercial flights from Yerevan to Istanbul starting February 2, Spokesperson to Khachatur Sukiasyan Anna Mkrtchyan informed.
16:18 12/01/2022World Bank forecasts 4.8% economic growth for Armenia in 2022The economic growth in Armenia will amount to 4.8% in 2022, and will reach 5.4% in 2021-2022, according to the World Bank’s latest Global Economic Prospects report.
16:51 08/01/2022Armenia sees decline in chocolate and sugar pastry productionThe chocolate production volumes have dropped in Armenia in January-October 2021, the country's Statistical Committee reported in its updated data.
18:02 07/01/2022Lydian Armenia again applies for water use permit for the exploitation of Amulsar mineThe draft permission for Lydian Armenia CJSC to use water for Amulsar gold mine operation in excess of 41.3l/s from Arpa River is currently being developed at the Water Resources Management Agency of...
18:00 06/01/2022Global food prices dip in December – FAOWorld food prices fell slightly in December as international prices for vegetable oils and sugar fell significantly from lofty levels, the Food and Agriculture Organization of the United Nations...
19:03 05/01/2022Andranik Grigoryan appointed CEO of Converse Bank, Chairman of Executive ManagementAndranik Grigoryan has been appointed as the CEO of Converse Bank, Chairman of Executive Management, the Bank said in a statement on Wednesday.
14:19 05/01/2022Armenian government hands over 15% of ZCMC shares to trust management of ANIFThe Armenian government has transferred 15% of the shares of the Zangezur Copper Molybdenum Combine (ZCMC) to the trust management of the Armenian National Interests Fund (ANIF).
16:30 04/01/2022Apple becomes first company to hit $3tn market valueUS technology giant Apple has become the first company to hit a stock market valuation of $3tn (£2.2tn), BBC News reports.
14:45 04/01/2022Pegasus Airlines applied to Armenia's aviation authorities for permission to operate Yerevan-Istanbul flightsTurkish Pegasus Airlines has applied to Armenia's Civil Aviation Committee for permission for charter flights between Istanbul and Yerevan, Sona Harutyunyan, Spokesperson of the Ministry of...
13:48 04/01/2022Tobacco production volumes continuously drop in ArmeniaIn January-October 2021, the tobacco production volumes dropped by 14.1% in Armenia compared to the same period of 2020, according to the data released by the National Statistical Service (NSS).
11:47 04/01/2022Elon Musk’s fortune passes $300 billion as Tesla stock soarsTesla Inc. reported it had smashed its previous record for vehicle deliveries, spurring a rally in the electric car-maker’s shares and creating one of the biggest one-day jumps in wealth. Musk’s...
18:49 03/01/2022Iran Airtour started operating flights on the route Tehran - Yerevan - TehranIran Airtour started operating flights on the route Tehran - Yerevan - Tehran staring from January 1, 2022, “Armenia” International Airports” CJSC reported.
16:23 03/01/2022European gas futures hit new all-time high above $800 per 1,000 cubic metersGas futures on the European market hit on Monday $750 per 1,000 cubic meters, The GlobalTimes reported.
13:37 03/01/2022Turkey's inflation surges 36% amid lira crisisTurkey's annual inflation jumped far more than expected to 36.08% year-on-year in December, the highest since September 2002, data showed on Monday reflecting a plummet in value of the lira late last...
20:12 30/12/2021Flyone Armenia allowed to operate Yerevan-Istanbul charter flightsThe Armenian civil aviation authorities have granted a permit to Flyone Armenia to operate charter flights on the Yerevan-Istanbul-Yerevan route, Flyone Armenia Board Chairman Aram Ananyan told TASS...
19:14 30/12/2021Armenian authorities have no idea how to rebuild country, economist saysArmenia lacks not only a vision of economic development, but also of the country in general, Doctor of Economics, Professor Tatul Manaseryan told Panorama.am in an interview on Thursday, summing up...
18:19 29/12/2021Converse Bank named the best Trade Finance Provider 2022 in Armenia according to Global FinanceOnce again Converse Bank has been presented with an honorable award by the prestigious international magazine- Global Finance, the Bank said in a statement.