ArmInfo.A delegation of heads of a number of Armenian commercial banks visited the Data Processing  Center (DPC) of OVIO, the largest one in Armenia. The visit took place at the initiative of the Union of Banks of Armenia and OVIO.

ArmInfo.After 2020, domestic tourism in Armenia is growing annually by an average of 20%. Anahit  Mkrtchyan, head of the tourism policy department of the RA Committee on Tourism, stated this in an interview with Public Television.

ArmInfo.In a significant move to enhance economic resilience and business growth in Armenia, the European Fund for Southeast Europe (EFSE) has extended a USD 10 million loan facility to AraratBank. This investment aims to empower women entrepreneurs by facilitating access to finance.

ArmInfo. The deadline for filing an online income declaration for individuals - citizens of Armenia who  are residents of the Republic of Armenia, for 2023 expires on July 22 of this year, recalls the State Revenue Committee (SRC) of Armenia.

ArmInfo.Chairman of the Commission for the Protection of Competition of the Republic of  Armenia Gegham Gevorgyan spoke at a meeting of the intergovernmental group on legislation and policy in the field of consumer protection of the United Nations Conference on Trade and Development (UNCTAD) in  Geneva.

ArmInfo. CJSC "Viva Armenia" announced rebranding - henceforth the company will continue to  operate in the Armenian market under the trademark (brand) Viva instead of Viva-MTS.

ArmInfo.The implementation of the project to operate the port of Chabahar, which is intended to  become a transit hub within the framework of the International North-South Transport Corridor , is a fairly promising project being implemented with Indian funding. Alexandr Zaboev, Head of the Center  for Integration Studies of the Eurasian Development Bank (EDB) stated in a conversation with ArmInfo on the sidelines of the Eurasian Development Bank's (EDB)  Annual Meeting and Business Forum in  Almaty. 

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ArmInfo.According to preliminary estimates, the construction of the Ajapnyak metro (subway) station  will be completed by 2030-2032. This was reported to Yerevan Mayor Tigran Avinyan during a working meeting of the capital's mayor's office on July 1.

ArmInfo.On July 1, Secretary General of the Organization of the Black Sea Economic Cooperation  (BSEC) Lazar Comanescu will arrive in Yerevan. This was reported by the press service of the Armenian Foreign Ministry.

ArmInfo. Outage-2024 continues at the Armenian Nuclear Power Plant (ANPP) CJSC. This was stated in a  statement by the CJSC.

ArmInfo.The World Bank's Board of Executive Directors approved a loan in the amount of $110 million  equivalent (EUR 102 million) to support the Enabling Universal Health Coverage Program for Armenia, the Banks press service reports.  According to the source,  the operation aims to improve the quality of primary health care, ensure accessible health care services across the country and increase the efficiency of the government's spending on healthcare.

ArmInfo.From 1 July 2024 Wizz Air started operating flights on the route Budapest-Yerevan- Budapest, International Airports of Armenia CJSC reports.

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ArmInfo. On June 28, Deputy MInister of Foreign Affairs of Armenia Vahan Kostanyan participated  and delivered remarks at the 48th online meeting of the Council of Ministers of Foreign Affairs of the Organization of the Black Sea Economic Cooperation (BSEC).

ArmInfo. The new owner of the Golden Palace Hotel in Tsakhkadzor, Narek Nalbandyan, was allowed to  re-mortgage the hotel, Hetq.am reported with reference to the Cadastre Committee.

ArmInfo.For the first time, based on the results of May 2024, the share of internal debt in the structure of Armenia's public debt exceeded 50%. This has its positive and negative sides, and primarily to ensure the 7% GDP growth promised by the authorities. A similar assessment was made by Associate Professor of the Armenian State University of Economics, economist Agasi Tavadyan.

ArmInfo. The bonds of "Farm Credit Armenia" UCO CC (Universal Credit Organization Commercial Cooperative) have been listed at the Armenia Securities Exchange, and resident and non-resident individuals and legal entities have the opportunity to acquire the company's bonds. This is noted in the message of the Armenia Securities Exchange.

ArmInfo.AraratBank OJSC will begin paying dividends to shareholders from June 28, allocating 2.5  billion drams ($6.4 million) for this from the net profit received for 2023 of 10.8 billion drams ($27.9 million). The remaining 8.3 billion drams ($21.5 million) remain at the disposal of the bank and will be used for its development. This decision was made at the General Annual Meeting of AraratBank shareholders held on June 26.

ArmInfo.Armenian winemakers took part in the Vinexpo New- York 2024 international exhibition in  the USA for the first time.