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Economy
13:51 10/04/2019Venezuela removes eight tonnes of gold from central bank – sourcesVenezuela removed eight tonnes of gold from the central bank’s vaults last week, and the cash-strapped socialist state is expected to sell the bullion abroad as it seeks to raise hard currency in the...
20:31 09/04/2019The electricity generation at solar power plants grows by 2.8 times in January-FebruaryA total of 1,186.7million kilowatt-hours of electricity were generated in Armenia in January-February 2019, down by 21% to compare with productions volumes of the same period in 2018, Armenia's...
15:24 09/04/2019Armenian airports see 7% growth in passenger flow in MarchArmenia’s two airports saw an increase in passenger numbers in March 2019 against the same month of 2018.
20:30 08/04/2019NSS: 1.9% price rise recorded in Armenia's consumer market in MarchConsumer prices in Armenia rose 1.9% in March, compared with March 2018, the country's National Statistical Service (NSS) reported, adding the rise is mainly conditioned with the 0.6% price hike of...
15:46 06/04/2019President Sarkissian participated at the opening of the World Economic Forum in JordanPresident Sarkissian participated at the opening of the World Economic Forum in Jordan Armenian President Armen Sarkissian who is on a working visit to the Hashemite Kingdom of Jordan, participated...
13:47 29/03/2019PM: Moody’s assesses Armenia’s economic developments as positive for next few monthsMoody’s has changed the outlook on Armenia’s sovereign rating prospect and banking system prediction from stable to positive, Prime Minister Nikol Pashinyan said in a Facebook post.
20:17 28/03/2019Milk production levels decrease in ArmeniaAccording to data provided by the National Statistics Service (NSS), 1,127.6 tons of cheese was produced in Armenia during January-February 2019 which is 11.4% more compared to the indicated period...
13:45 28/03/2019Pashinyan: Government allocated $300,000 for Amulsar gold mine auditThe Armenian government has paid $300,000 to a leading international company to carry out an environmental audit at Amulsar gold mine in Vayots Dzor Province, Prime Minister Nikol Pashinyan said at a...
19:53 25/03/2019Armenia’s economic activity up 6.5 % in Jan-FebThe economic activity index (EAI) of Armenia grew by 6.5% in January-February 2019 from the same period last year, according to the latest figures released by Armenia’s National Statistical Service...
13:17 25/03/2019France’s Macron, China’s Xi meet after Italy joins Silk Road projectFrench President Emmanuel Macron welcomed China’s Xi Jinping for dinner on March 24 ahead of their official discussions amid the French leader’s efforts to bolster European unity to help counter...
14:26 22/03/2019Garuda Indonesia seeks to cancel order for 49 Boeing Max 8sIndonesia’s flag carrier is seeking the cancellation of a multibillion dollar order for 49 Boeing 737 Max 8 jets, citing a loss of confidence after two crashes in the past six months, AP reports.
20:24 20/03/2019Yerevan to host Global Citizen ForumArmenian President Armen Sarkissian received today the Founder of Global Citizen Forum Armand Arton, the press department at the President’s Office reported.
12:07 20/03/2019Armenia’s economic competition commission studying aviation fuel market with Georgian sideArmenia's State Commission for the Protection of Economic Competition (SCPEC) has launched a study in the aviation fuel market in an attempt to reveal the possible competitive problems in the field...
13:57 19/03/2019PM: Armenia’s mortgage loan portfolio grows by 30%Armenia saw an 100% increase in mortgage loan volume in February 2019 against February 2018, Prime Minister Nikol Pashinyan told a news conference on Tuesday.
18:02 18/03/2019Yerevan-Odessa flights to be operated by SkyUp airlineZvartnots International Airport and Ukrainian SkyUp air carrier have reached an agreement on the launch of new roundtrip flight from Odessa to Yerevan, The airport Facebook page reported on Monday.
20:30 14/03/2019PM Pashinyan, Index Ventures executives discuss prospects for launching activities in ArmeniaPrime Minister Nikol Pashinyan received a delegation of Index Ventures venture foundation, including founder Nina Achadjian, Mike Volpi and Dominique Vidal, who were involved in Cisco, Amazon, Yahoo...
18:10 14/03/2019Three Armenian Banks finance significant investment deal of Armenian companyFor the first time in Armenia a strategic foreign investor acquired an Armenian mining company through joint financing of three Armenian banks, Ameriabank reported in a press statement.
11:11 14/03/2019Armenian Assembly of America urges Congress to provide $100 million in aid to ArmeniaTestifying in person before the House Appropriations Subcommittee on State Foreign Operations and Related Programs (Subcommittee) of the U.S.
13:31 13/03/2019Armenia’s leather production potential presented at int’l exhibitionWith the support of Business Armenia, eight Armenian companies are taking part in the international exhibition MosShoes 2019 in Moscow on March 12-15, with a joint pavilion.
12:59 12/03/2019Ex-Armenian PM included in Russian oil giant’s Board of DirectorsThe Russian government has approved the list of candidates for the members of the Board of Directors of Zarubezhneft, the Russian state-owned oil and gas company, TASS reports.