Moscow reacts to gas overtures between Yerevan and Baku 

 Monday, April 29 2024 10:27:00
Moscow reacts to gas overtures between Yerevan and Baku 

ArmInfo.Moscow reacts to gas overtures between Yerevan and Baku, says Doctor of Political Sciences  Vahe Davtyan. 

TVEL JSC, Armenian NPP sign contract for supply of fresh nuclear fuel
 Monday, August 29 2022 16:20

ArmInfo.TVEL JSC and Armenian Nuclear Power Plant CJSC signed contract for the supply of Russian nuclear fuel. The delivery will be completed in the fourth  quarter of 2022, which will fully meet the current needs of the  Armenian NPP in fresh nuclear fuel. The TVEL company reports.

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EADB to allocate $37mln for construction of 11 solar power stations
 Thursday, August 4 2022 18:25

ArmInfo. The Eurasian Development Bank (EADB) will allocate up to $37mln for the  construction of 11 solar power stations with a total capacity of 65  MW in the Gegharkunik and Aragatsotn provinces of Armenia.

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Natural gas supplies to Armenia increased by 22.7%
 Wednesday, July 20 2022 16:18

ArmInfo.Natural gas supplies to Armenia increased by 22.7%.  The Gazprom Armenia company reports.  

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Armenia`s minister of territorial administration participates in 60th  meeting of CIS Electric Energy Council 
 Friday, July 15 2022 13:36

ArmInfo.Armenia's Minister of Territorial Administration Gnel Sanosyan participated in the 60th meeting of the CIS Electric Energy Council. 

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Rosatom Corporation is interested in further effective cooperation with the Armenian government:  Likhachev
 Tuesday, July 12 2022 18:34

ArmInfo.RA Prime Minister Nikol Pashinyan received General Director of Rosatom Corporation Alexey Likhachev, the press service of the Prime Minister reports.

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Armenia, Russia to deepen strategic partnership in both nuclear and  non-nuclear energy
 Thursday, June 30 2022 22:17

ArmInfo. The Ministry of Territorial Administration and Infrastructures of Armenia and the  Rosatom State Atomiб Energy Corporation signed a protocol providing  for the establishment of an Armenian-Russian working group to deepen  strategic partnership in both nuclear and non-nuclear energy. 

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Lawyer in "March 1" Case nominated as Judge of Armenia`s  Constitutional Court
 Thursday, June 30 2022 15:21

ArmInfo. At the meeting on June 30, the Government of Armenia nominated lawyer Seda Safaryan for the position of judge of the Constitutional Court.

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Process of discussing construction project of new power unit in  Armenia begun
 Monday, June 27 2022 18:17

ArmInfo.Within the framework of the Memorandum of Understanding concluded between the HAEK CJSC and Rusatom Overseas JSC, a process of discussing the project for the  construction of a new power unit in the territory of the Republic of  Armenia has commenced.

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Armenian NPP has been connected to country`s national grid
 Friday, June 24 2022 16:11

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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Kazakhstan to supply oil products to Armenia 
 Saturday, June 11 2022 16:37

ArmInfo.Kazakhstan President Kassym-Jomart Tokayev signed the Law of the Republic of Kazakhstan On ratification of the Agreement between the Government of the Republic  of Kazakhstan and the Government of the Republic of Armenia on trade  and economic cooperation in the sphere of petroleum products supplies  to the Republic of Armenia, Kazinform reports.   

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Kazakhstan to supply oil products to Armenia
 Thursday, May 26 2022 15:37

ArmInfo.The MPs of the Kazakh Senate adopted the law "On the ratification of the Agreement between the Government of the Republic of Kazakhstan and the Government of the Republic of Armenia on trade and economic cooperation in the  field of supplies of petroleum products to the Republic of Armenia".

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Gnel Sanosyan discusses new agreement on gas-for-electricity program  with Iranian Petroleum Minister 
 Tuesday, May 17 2022 12:38

ArmInfo.Minister of Territorial Administration and Infrastructures of Armenia (MTAI) Gnel Sanosyan discussed a new agreement on a gas-for-electricity program with  Iranian Petroleum Minister Javad Owji, within the framework of his  working visit to the Islamic Republic of Iran.

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Armenia spares no effort for North-South energy corridor program to  be implemented in shorted period - minister 
 Thursday, May 12 2022 10:48

ArmInfo.Armenia is doing its best for the North-South energy corridor program to be implemented as soon as possible. The program is of regional importance and is  important for Armenia's energy sector, Armenia's Minister of Energy  Mher Grigoryan told reporters on Thursday following the 17th meeting  on the Armenian-Iranian Intergovernmental Commission. 

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Turkey never agreed on construction of dams on Aras River with other  countries of basin - Ali Akbar Mehrabian
 Thursday, May 12 2022 10:31

ArmInfo. Turkey did not agree on the construction of dams on the Aras (Arax) River with the other countries of the river basin, Iranian Minister of Energy Ali Akbar  Mehrabian told reporters following the 17th meeting of the  Armenian-Iranian Intergovernmental Commission as he spoke of the  threats posed by the dams Turkey has for recent years been  constructing on the Aras River.  Iran voiced its protest to Turkey  over this, he added. 

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Armenia, Iran to consider to increasing gas supplies from Iran to  Armenia
 Thursday, May 12 2022 10:30

ArmInfo.Armenia and Iran will consider the possibilities of increasing gas supplies from Iran to Armenia, Iranian Minister of Energy Ali Akbar Mehrabian stated at the  17th meeting of the Armenian-Iranian Intergovernmental Commission. 

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EEC completes work on project for formation of common EAEU gas market
 Thursday, April 28 2022 17:02

ArmInfo.On April 20 and April 27, at the platform of the Eurasian Economic Commission, under the chairmanship of  Minister for Energy and Infrastructure of the EEC Temirbek Asanbekov, a meeting of the heads of the authorized bodies of the states of the Eurasian Economic Union was held to discuss the fundamental issues of  forming a common EAEU gas market.

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Within EU4ASEP project, Municipal Forum on Sustainable Energy was  held in Armenia
 Monday, April 25 2022 17:49

ArmInfo. On April 25, the Municipal Sustainable Energy Forum was organised by EU4ASEP project, implemented since 2018, and to be concluded by an awareness week  during April 25-30, 2022, the press service of the EU Delegation to  Armenia reports.

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In Armenia as of March 2022 energy complex and service sector were  drivers of double-digit economic growth
 Tuesday, April 5 2022 19:45

ArmInfo.In Armenia, in January-February 2022, the energy complex and the service sector were the drivers of double-digit growth economic activity - by 12% per  annum.  

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"Masdar" plans to launch  "Ayg-1" solar station until December 2023
 Wednesday, March 30 2022 16:16

ArmInfo.On March 29, Deputy Prime Minister of Armenia Hambardzum Matevosyan met with Mohamed Jameel Al Ramahi, the CEO of the Emirati "Masdar" company in Dubai, United Arab Emirates.

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Iranian Petroleum Minister, Advisor to Armenian PM discuss bilateral  cooperation in energy sector
 Monday, March 28 2022 17:39

ArmInfo. Iranian Minister of Petroleum Javad Owji received the Advisor to the Prime Minister of Armenia for a meeting in Tehran on Monday to discuss cooperation in the field of energy, the Mehr News Agency reports.

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News
Double increase in turnover tax rate will stimulate transition to  common taxation system: Deputy MinisterDouble increase in turnover tax rate will stimulate transition to  common taxation system: Deputy Minister
Rocket Line - now for 60 months: Idram and IDBankRocket Line - now for 60 months: Idram and IDBank
Rising prices for services, going into shadows and closing businesses  - incomplete list of Rising prices for services, going into shadows and closing businesses  - incomplete list of "expectations" from revision of turnover tax  rate from SME Cooperation Association President
Liability for misrepresented information is proposed in ArmeniaLiability for misrepresented information is proposed in Armenia
Government proposes to make changes to car trade system within  Government proposes to make changes to car trade system within  "Trade-in" program
Armswissbank attracts us$ 10 million loan package from EBRD to support competitiveness and green transitionArmswissbank attracts us$ 10 million loan package from EBRD to support competitiveness and green transition
Armenian lawyers unwilling to pay taxes on universal basisArmenian lawyers unwilling to pay taxes on universal basis
EU Commissioner: EU will continue to contribute to economic  development of ArmeniaEU Commissioner: EU will continue to contribute to economic  development of Armenia
PM discusses opportunities for diversifying Armenian economy with WB,  IFC management PM discusses opportunities for diversifying Armenian economy with WB,  IFC management 
EBRD President considers programs implemented by Bank useful for  development of private sector in ArmeniaEBRD President considers programs implemented by Bank useful for  development of private sector in Armenia
EBRD lends up to US$ 10 million to Armeconombank for MSME on-lendingEBRD lends up to US$ 10 million to Armeconombank for MSME on-lending
Armenia benefits greatly from influx of capital and IT specialists -  EBRD chief economistArmenia benefits greatly from influx of capital and IT specialists -  EBRD chief economist
Finance Ministry, French Development Agency sign cooperation  agreement for 2024-2027Finance Ministry, French Development Agency sign cooperation  agreement for 2024-2027
Idram Junior and Koreez signed a memorandum of cooperationIdram Junior and Koreez signed a memorandum of cooperation
During the 33rd EBRD Business Forum, Ardshinbank hosted a panel discussion on economic and trade sanctions.During the 33rd EBRD Business Forum, Ardshinbank hosted a panel discussion on economic and trade sanctions.
Government to allocate additional AMD 3 billion to finance state  order for healthcareGovernment to allocate additional AMD 3 billion to finance state  order for healthcare
EBRD provides $10 million loan to ArmSwissBan to support  competitiveness and green transition of MSMEsEBRD provides $10 million loan to ArmSwissBan to support  competitiveness and green transition of MSMEs
Pankin: Armenia`s suspension of CSTO funding isn`t tragedyPankin: Armenia`s suspension of CSTO funding isn`t tragedy
Armenian government approves program for providing housing to  families from Artsakh; expenses estimated at  AMD 10-12 billion Armenian government approves program for providing housing to  families from Artsakh; expenses estimated at  AMD 10-12 billion 
EBRD Governors re-elect President Odile Renaud-Basso for second termEBRD Governors re-elect President Odile Renaud-Basso for second term
EBRD, USAID to develop transport infrastructure of Armenia,  Azerbaijan, Georgia EBRD, USAID to develop transport infrastructure of Armenia,  Azerbaijan, Georgia 
No specific dates for the entry into force of the law on compulsory  life insurance for tourists visiting Georgia - RA MFANo specific dates for the entry into force of the law on compulsory  life insurance for tourists visiting Georgia - RA MFA
Pashinyan: all those who have the necessary skills, abilities and  desire can make a profit in ArmeniaPashinyan: all those who have the necessary skills, abilities and  desire can make a profit in Armenia
Odile Renaud-Basso: Armenian economy continues to grow despite  numerous negative factorsOdile Renaud-Basso: Armenian economy continues to grow despite  numerous negative factors
Minister of Territorial Administration and Infrastructures refrains  from specifying North-South Road Corridor Investment Program`s  implementation costs and deadlines Minister of Territorial Administration and Infrastructures refrains  from specifying North-South Road Corridor Investment Program`s  implementation costs and deadlines 
EBRD improves Armenia`s GDP growth forecast for 2024 from previous  4.5% to updated 6.2%EBRD improves Armenia`s GDP growth forecast for 2024 from previous  4.5% to updated 6.2%
EBRD promises unprecedented investments in Armenian economyEBRD promises unprecedented investments in Armenian economy
FMO provided Ardshinbank with a guarantee for a credit portfolio of 20 million US dollarsFMO provided Ardshinbank with a guarantee for a credit portfolio of 20 million US dollars
Lending for construction of southern section of Sisian-Kajaran road  will be largest program ever implemented by EBRD in Armenia - Bank  President Lending for construction of southern section of Sisian-Kajaran road  will be largest program ever implemented by EBRD in Armenia - Bank  President 
French Development Agency, Armenian government to expand cooperation  areas and programs` scope French Development Agency, Armenian government to expand cooperation  areas and programs` scope 
The Power of One Dram Sums up the Two-Year Program with Teach for ArmeniaThe Power of One Dram Sums up the Two-Year Program with Teach for Armenia
Noubar Afeyan willing to use his potential to strengthen Armenia Noubar Afeyan willing to use his potential to strengthen Armenia 
Ministry of Economy of Armenia denies that growth in agricultural  exports is due to re-exportsMinistry of Economy of Armenia denies that growth in agricultural  exports is due to re-exports
Finance Minister: Armenia`s GDP generation growth potential increased  from 4-4.5% to 5.5-6%Finance Minister: Armenia`s GDP generation growth potential increased  from 4-4.5% to 5.5-6%
EBRD funds customs and logistics centre in SyunikEBRD funds customs and logistics centre in Syunik
Grigori Zakaryan: “Capital markets have a crucial for economic development.”Grigori Zakaryan: “Capital markets have a crucial for economic development.”
Ambassador of Kazakhstan: priorities for development of Eurasian integration proposed by Armenia will allow us to intensify mutually  beneficial cooperation within EAEUAmbassador of Kazakhstan: priorities for development of Eurasian integration proposed by Armenia will allow us to intensify mutually  beneficial cooperation within EAEU
EBRD and the European Union are joining forces with Acba bank to boost the availability of funding for Armenian MSMEsEBRD and the European Union are joining forces with Acba bank to boost the availability of funding for Armenian MSMEs
Thanos Arvanitis: The time has come for Armenia to accelerate reformsThanos Arvanitis: The time has come for Armenia to accelerate reforms
Armenia to host 33rd EBRD Business Forum with flagship sponsorship of ArdshinbankArmenia to host 33rd EBRD Business Forum with flagship sponsorship of Ardshinbank
EAEU economic operators will become more recognizable when carrying  out foreign economic activitiesEAEU economic operators will become more recognizable when carrying  out foreign economic activities
Martin Galstyan: If background is favorable, reduction in key rate  will result in lending rates decreaseMartin Galstyan: If background is favorable, reduction in key rate  will result in lending rates decrease
About 75% of Armenia`s exports are precious metals and stones, which  speaks of vulnerability of Armenia`s economyAbout 75% of Armenia`s exports are precious metals and stones, which  speaks of vulnerability of Armenia`s economy
92% tax revenues recorded in Armenia in 1st quarter of 2024 92% tax revenues recorded in Armenia in 1st quarter of 2024 
IDBank issues the 2nd tranche of dollar bonds of 2024IDBank issues the 2nd tranche of dollar bonds of 2024
Armenia to be next country to host ACE programArmenia to be next country to host ACE program
Armenia agrees to EBRD expansion Armenia agrees to EBRD expansion 
Alkis  Drakinos : It is necessary to first pick the low hanging fruit  to ensure developmentAlkis  Drakinos : It is necessary to first pick the low hanging fruit  to ensure development
CBA Governor: Overheating of prices in Armenian real estate market  may have ranged from 20-30%CBA Governor: Overheating of prices in Armenian real estate market  may have ranged from 20-30%
Government writes off 469 financial obligations of Artsakh citizens  on loans secured by goldGovernment writes off 469 financial obligations of Artsakh citizens  on loans secured by gold
Food products, services cause of 0.8% inflation in Jan-Apr 2024 Food products, services cause of 0.8% inflation in Jan-Apr 2024 
Armenia`s Deputy Premier receives IMF delegationArmenia`s Deputy Premier receives IMF delegation
Armenian Economy Minister travels to USA on week-long working visitArmenian Economy Minister travels to USA on week-long working visit
Armenia is trapped in Armenia is trapped in "Dutch disease" - economist
“By Your Side”: IDBank`s new support program for displaced Artsakh citizens“By Your Side”: IDBank`s new support program for displaced Artsakh citizens
Team Telecom Armenia develops Be Free packageTeam Telecom Armenia develops Be Free package
Armenia scares with its high prices: Economist sounds alarm due to  reduction in exports of servicesArmenia scares with its high prices: Economist sounds alarm due to  reduction in exports of services
Large crayfish farming complex to be built in Shirak: volume of  investments totals AMD 300 millionLarge crayfish farming complex to be built in Shirak: volume of  investments totals AMD 300 million
Eurowings launches Berlin-Yerevan-Berlin flightsEurowings launches Berlin-Yerevan-Berlin flights
Russia bans sugar exports; 28 thousand tons allowed to be exported to  ArmeniaRussia bans sugar exports; 28 thousand tons allowed to be exported to  Armenia
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Exchange rates
17.05.2024
RUB4.26-0.01
USD387.60-0.49
EUR420.12-1.81
GBP490.31-1.36
CAD284.16-0.61
JPY24.87-0.22
CNY53.63-0.14
CHF426.22-3.84


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
Read more

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

Company bonds
UCO CJSC "GLOBAL CREDIT"1
UCO CJSC "GLOBAL CREDIT"3
UCO CJSC "GLOBAL CREDIT"4
UCO CJSC "GLOBAL CREDIT"5
UCO CJSC "GLOBAL CREDIT"7
"National Mortgage Company"2A
"National Mortgage Company"2B
UCO CJSC “FINCA” 1
UCO CJSC “FINCA” 2