Over 10 cases initiated against biometric personal data processors

 Monday, April 29 2024 17:22:00
Over 10 cases initiated against biometric personal data processors

ArmInfo. In the first quarter of 2024, more than 10 cases of administrative offenses were initiated against processors of biometric personal data and special category personal data. As a result, an administrative penalty in the form of  a fine was applied to 8 organizations. The RA Ministry of Justice  reports.

By accepting 20% stake in MTS Armenia as gift, government sends  message to other companies:  Pashinyan
 Thursday, February 29 2024 14:34

ArmInfo.The Government of Armenia accepted a 20% stake in the MTS Armenia company as a gift and  transferred the authority to manage it to the office of the Prime Minister of the Republic of Armenia. The decision was approved on February 29 at a meeting of the Cabinet.

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14 Armenian tech companies participate in Mobile World Congress in Barcelona
 Tuesday, February 27 2024 18:56

ArmInfo. The international exhibition "Mobile World Congress 2024" started on February 26 in  Barcelona, Spain, reported by the press service of the Ministry of High-tech Industry.  

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Founder of ABBYY Group, David Yang, to Speak at Armenia`s First  Investment and Financial Forum
 Monday, February 26 2024 15:45

ArmInfo. The inaugural investment and financial forum in Armenia is scheduled to take place  on March 5, 2024, at Dvin Music Hall. 

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Gevorg Mantashyan: High-Tech Ministry makes consistent efforts for  emergence and progress of startups in Armenia
 Monday, February 26 2024 15:41

ArmInfo.First Deputy Minister of High-Tech Industry of the RA Gevorg Mantashyan participated in the "Seaside Startup Summit UAE 2024" educational business conference in the emirate of Ras Al Khaimah, United Arab Emirates.

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Armenia`s government to establish G Solution organization using  facilities of Ministry of Finance, State Revenue Committee
 Friday, February 23 2024 13:28

ArmInfo. The Government of Armenia is creating a state non-profit organization (SNCO) G  Solution, responsible for managing information technologies and related systems of the Ministry of Finance and the State Revenue Committee, exchanging data with other departments, performing technical maintenance, as well as performing other functions. The project was approved at a cabinet meeting on February 23.

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Russia ready to develop technological cooperation with Armenia -  ambassador 
 Thursday, February 22 2024 12:51

ArmInfo.Russia is ready to develop and expand cooperation with Armenia in the technological  sphere, both in the already planned and in new areas, Russian Ambassador to Armenia Sergey Kopyrkin stated during a meeting with Minister of High-Tech Industry Mkhitar Hayrapetyan. He noted that there is great potential for mutually beneficial and effective cooperation.

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Team Telecom Armenia announces sale of eSIM cards 
 Thursday, February 22 2024 11:17

ArmInfo. The online service of Telecom Armenia OJSC provides an opportunity for users to purchase  a SIM card in eSIM format through the My Team mobile application, without visiting the service office; remote identification, subscriber registration, and activation of the service occur using a mobile application. The operator provides an opportunity to securely download the application for the eSIM card to the subscriber's  device. 

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Within year, TUMO Center for Creative Technologies to open in Los  Angeles
 Tuesday, February 13 2024 19:31

ArmInfo. "4146 Lankershim Blvd, North Hollywood is the new home of TUMO Los Angeles". This  information is posted on the Facebook page of TUMO Center for Creative Technologies.

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Armenia has great potential for the development of robotics and  artificial intelligence - Paolo Pirjanian
 Wednesday, February 7 2024 19:24

ArmInfo. Prime Minister Nikol Pashinyan received Paolo Pirjanian, founder of Embodied, Inc.  Company operating in the field of robotics and artificial intelligence.  The company created the Moxie AI robot.

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Vahan Kerobyan: Our companies should be the first, not the last,  adopters of AI
 Friday, February 2 2024 22:49

ArmInfo. Our companies should be the first,  not the last adopters of  Artificial Intelligence(AI) , Armenian Minister of Economy Vahan Kerobyan stated during the opening of the "AI for Business" forum.

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Artificial intelligence agenda needed involving government, business,  academic circles, and public - CBA chairman 
 Friday, February 2 2024 18:19

ArmInfo. In order to keep up with the "train that moves at the speed of light," we have the only recipe - guided by political and economic priority, the formation of an all- Armenian broad agenda in the field of artificial intelligence, Martyn Galstyan, Chairman of the Central Bank of Armenia (CBA), stated at the forum Artificial Intelligence for  Business, organized by the Ministry of Economy.  

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Vahan Kerobyan: IT sector`s progressive development had major impact  on economic activity growth rate 
 Thursday, February 1 2024 18:12

ArmInfo. The progressive development of the IT sector has had a significant impact on the  growth rate of economic activity. Minister of Economy of Armenia Vahan Kerobyan stated, speaking during the 23rd annual congress of the Union of Advanced Technology Enterprises (UATE).

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There is bad situation in Armenia`s public multiplex caused by TV  companies` large debts - Tigran Hakobyan
 Tuesday, January 30 2024 13:43

ArmInfo. The situation in the public multiplex in Armenia is very bad, caused by the large debts that the country's television companies have accumulated. Chairman of Armenia's National Commission on TV and Radio (NCTR)   Tigran Hakobyan stated  at a press conference on January 30.

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High-tech sector could offer serious prospects for Armenian-British  cooperation - minister 
 Tuesday, January 30 2024 12:35

ArmInfo.The high-tech sector could offer serious prospects for Armenian-British cooperation, Armenia's Minister of High-Tech Industry Mkhitar Hayrapetyan stated at his meeting with British Ambassador to Armenia  John Gallagher. 

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Expert: Artificial intelligence can be "black box" for companies  providing data
 Monday, January 29 2024 23:38

ArmInfo. Artificial intelligence can help companies process and analyze large amounts of  data to make critical decisions and be very beneficial for financial sustainability, but it also comes with a number of challenges. This was stated by Marie Briere, Head of Investor Intelligence and Academic Partnership, Amundi Investment Institute, while presenting a report on "A AI and ESG Talk " at the Acba Economic Forum 2024.

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Expert: 95% of Armenian IT sector services are exported
 Monday, January 29 2024 17:24

ArmInfo. 95% of Armenian IT sector services are exported.  Chairman of the Republican Union of  Employers of Armenia, economist Gagik Makaryan announced during a press conference on January 29, organized by the Club of Economic Journalists.

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New owner of MTS Armenia to transfer 20% of shares to Armenia`s  government 
 Thursday, January 25 2024 13:46

ArmInfo.  The Cyprus-based Fedilco Group Limited company, which has acquired MTS Armenia, intends to transfer 20% of MTS Armenia shares to Armenia. 

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MTS closes sale deal with Fedilco Group Limited
 Wednesday, January 24 2024 14:59

ArmInfo. The MTS PJSC announces the closing of the transaction for the sale of 100% of the shares of  its subsidiary in the Republic of Armenia, MTS Armenia CJSC (trademark Viva-MTS) - to Fedilco Group Limited (Republic of Cyprus).

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8 Armenian sectorial companies participate in Convergence India 2024
 Thursday, January 18 2024 16:52

ArmInfo. On January 17, the 31st "Convergence India" Expo, India's largest Tech event kicked off  in the "Pragati Maidan" exhibition complex of New Delhi, the capital of India, the press service of the Ministry of High- Tech Industry reports.  

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Armenia`s regulator is likely to reject MTS Armenia`s bid to sell  shares again
 Monday, January 15 2024 17:06

ArmInfo. The application of MTS Armenia CJSC (Viva-MTS brand, a subsidiary operator of the Russian  MTS PJSC) to complete a transaction for the sale of company shares may be rejected. This is stated in the draft decision of the Public Services Regulatory Commission (PSRC) of the Republic of Armenia,  which will be considered on January 17.

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News
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Exchange rates
30.04.2024
RUB4.16-0.01
USD388.000.19
EUR416.210.59
GBP486.550.66
CAD283.50-0.55
JPY24.73-0.15
CNY53.580.02
CHF425.720.26


Experts
Expert: When there is no trust between private and public sectors,  unfortunately, there is no need to talk about right decisionsExpert: When there is no trust between private and public sectors,  unfortunately, there is no need to talk about right decisions
Expert on Armenia`s international trade growth against Expert on Armenia`s international trade growth against "miserable  trade pattern"  
Expert: Armenia should use Georgian, Turkish transit opportunitiesExpert: Armenia should use Georgian, Turkish transit opportunities
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Commented
Yerevan is trying to demonstrate to its Anglo-Saxon `bosses` its  readiness to reduce economic cooperation with Iran - political  scientistYerevan is trying to demonstrate to its Anglo-Saxon `bosses` its  readiness to reduce economic cooperation with Iran - political  scientist
Gevorg Mantashyan: High-Tech Ministry makes consistent efforts for  emergence and progress of startups in ArmeniaGevorg Mantashyan: High-Tech Ministry makes consistent efforts for  emergence and progress of startups in Armenia
Bank of Georgia announces proposed acquisition of Ameriabank for  $303.6 millionBank of Georgia announces proposed acquisition of Ameriabank for  $303.6 million

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"National Mortgage Company"2A
"National Mortgage Company"2B
UCO CJSC “FINCA” 1
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