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13:33 29/06/2023Gas prices to remain unchanged for Armenian consumersThe retail prices of Russian natural gas will remain unchanged for consumers in Armenia, the head of the Public Services Regulatory Commission (PSRC) said on Thursday.
11:22 29/06/2023Moody’s upgrades Converse Bank's ratingMoody’s upgraded Converse Bank’s BCA to b1 from b2 and affirmed the bank’s long-term deposit ratings at B1.
11:45 23/06/2023Moody's affirms Armenia's Ba3 ratingMoody’s Investors Service has affirmed the Government of Armenia’s Ba3 local and foreign currency long-term issuer ratings, as well as the foreign currency senior unsecured ratings.
13:05 21/06/2023Ararat brandy exports to Russia continue, company saysExports of Armenia’s Ararat brandy to Russia continue for now in line with the contract between the Yerevan Brandy Company (YBC), a subsidiary of the French company Pernod Ricard, and Russia's...
11:15 20/06/2023EU prepares €50 billion Ukraine aid packageThe European Union is ready to propose a financial aid package of around €50 billion ($55 billion) to support Ukraine as the country embarks on a critical counteroffensive to retake territory lost...
16:15 13/06/2023Practical business skills in focus of CaseKey 2023–Byblos Bank Armenia partnershipMore than 200 smart and promising young people selected out of 500 applicants will get to participate in the CaseKey Business Case Competition 2023, whose title sponsor this year is Byblos Bank...
12:30 13/06/2023Armenia's Central Bank reduces refinancing rateAt its meeting on Tuesday, the Board of the Central Bank of Armenia decided to reduce the refinancing rate by 0.25 pp, setting it at 10.5%.
12:04 13/06/2023Artsakh: Numerous companies strive to avoid final closure amid blockadeAzerbaijan's 6+ month blockade of Artsakh (Nagorno-Karabakh) has paralyzed the country’s economy. 11,000 jobs have been cut in Artsakh under the blockade, but it doesn't provide the full picture....
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...