ArmInfo.

ArmInfo.

ArmInfo. Four of our compatriots have been included in the list of the 125 richest Russian billionaires, according to the Russian edition of Forbes.  Chairman of the Board of Directors of the Management Company <Elga> Albert Avdolyan is in 47th spot, with  $2900 million.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo. The closure of the United States Agency for International Development (USAID) will directly benefit Armenia's energy policy, according to political scientist Vahe Davtyan.  "It is obvious that the closure of USAID  will inevitably lead to a decrease in the dynamics of liberalization of Armenia's energy policy. And I believe this is a positive development," the expert noted.

ArmInfo. Armenian banks have started to decrease the rate of lending to the economy, while increasing consumer lending at a faster rate.

ArmInfo.A delegation, led by Deputy Prime Minister Tigran Khachatryan, met with the Minister of Economy, Finance, Industry and Digital Sovereignty of France, Eric Lombard, as part of a working visit to the French Republic.

ArmInfo.

ArmInfo.The Eurasian Development Bank will provide technical assistance to the Ministry of Finance of Armenia in implementing a comprehensive program to improve the qualifications of the department's employees. The RA Government approved the implementation of this project at a meeting on March 6.

ArmInfo. Armenia won the Adventure Tourism category of the PATWA (Asia Pacific Travel  Association) international award. The award ceremony was held within  the framework of one of the largest international tourism exhibitions  ITB Berlin 2025.

ArmInfo.The amendments to the Tax Code and the package of related laws proposed in the second reading by Hayk Sargsyan, a member of the National Assembly of  Armenia from the ruling Civil Contract faction, have undergone  radical changes. The previous amendments concerned the application of  an additional 10% turnover tax on the gambling business.

ArmInfo. Armenian-Iranian economic cooperation was discussed at a meeting on March 5 between Armenian Ambassador to Iran Grigor Hakobyan and Mr Seyyed Rasoul  Mohajer, Deputy Minister for Economic Diplomacy, Ministry of Foreign  Affairs of Iran. 

ArmInfo.

ArmInfo. Economic activity in Armenia has increased by 7.1% in January 2025 compared to January  2024 (down from 10.7% growth the previous year), with growth in all areas except the industrial sector.

ArmInfo.Armenian Ambassador to Iran Grigor Hakobyan met with Iranian Deputy Oil Minister and Director General of the National Iranian Gas Company, Saeid Tavakoli.

ArmInfo.In Armenia, the annual inflation rate in February 2025 reached 2.5% (compared to deflation  of 1.7% the previous year) due to the rise in prices of food products such as vegetables, fruits, butter, meat, chocolate, coffee, tea, fish and seafood.