ArmInfo. Starting from July 2, 2023, Armenian Airlines started operating Yerevan-Istanbul-Yerevan flights. This was reported by "Armenia International Airports" CJSC.

ArmInfo. Visa has announced the  launch of the She's Next digital community platform for female  entrepreneurs from Eastern and Southeastern Europe, Central Asia and  the Caucasus, created in partnership with Emerging Europe, a  prominent growth hub with thorough expertise in the region -  https://shesnext.emergingeurope.org/. 

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ArmInfo.As early as July 1, in the frames of the IDsalary package from IDBank, customers will have an opportunity to cash out free of charge not only at IDBank ATMs, but also at ArCa system banks.

ArmInfo. Today, the minimum  pensions in Armenia will rise to 36 thousand drams (instead of the  previously established AMD 31.6 thousand), which is 99.5% of the  minimum food basket. Armenian Prime Minister Nikol Pashinyan wrote on  his Facebook page.

ArmInfo. The first  Armenian-Japanese business forum was held in Japan, which was  attended by about 100 leading Japanese companies, including  Mitsubishi Heavy Industries, Japan Tobacco Inc., Toyota Caucasus LLC,  a number of banks and representatives of the public sector.

ArmInfo. The opening ceremony of  the InnoIjevan innovation hub took place in Tavush region, which  contains educational and business components.

ArmInfo. On June 26-30, 2023,  transactions in dollars and rubles increased sharply in the interbank  foreign exchange market of Armenia, while transactions in euros  ceased again. Moreover, during the reporting period, four dollars and  the same amount of rubles were transacted. In particular, the weekly  trend of dollar transactions increased 4.1-fold from a 40.6% decline,  the same trend was observed in ruble transactions, the dynamics of  which also increased 2.4-fold from a fall of 16.7%. As a result, the  total weekly volume of transactions in dollars began to dominate even  more than the total volume of transactions in rubles: 4-fold (against  2.3-fold per week).

ArmInfo. Prime Minister Nikol Pashinyan received a delegation led by Joanna Kuenssberg, Deputy Director for the CIS and the Middle East countries of the British-Dutch Shell company.

ArmInfo. Corporate governance is extremely important, especially during crises as, to render assistance, the government must know where the institutional economic bases are concentrated, Armenia's Deputy Minister of Finance Avag Avanesyan stated at an annual conference organized by the Corporate Governance Center, on June 30.

ArmInfo. By June 2023, Armenia's gross international reserves (GIR) accelerated y-o-y growth from 4.7% to 19%, increasing in absolute terms by $597.4 million and reaching $3.749 billion, thereby approaching the historical maximum of $4.112 billion recorded at the end of 2022.  About this evidenced by the data of the Central Bank of the Republic of Armenia, according to which in May of this year alone, GIR increased by 3.1% (or by $112 million), while in Jan-May it decreased by 8.8% (or by $363.1 million).

ArmInfo. On June 30, the Public Services Regulatory Commission (PSRC) of Armenia decided to fine the Electric Networks of Armenia CJSC  to the tune of 20 mln drams (about $51,000 at the current exchange rate).

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ArmInfo. All retirement pensions  will be raised in Armenia from July 1, Anahit Galstyan, Head of the  Pension Department, Ministry of Labor and Social Affairs, told  reporters.  

ArmInfo. In the present-day  geopolitical conditions proper transparency needs to be maintained to  prevent Russia and Belarus from breaking the sanctions, Grzegorz  Piechowiak, Secretary of State in the Ministry of Economic  Development and Technology of Poland, stated at the 7th meeting of  the Armenian-Polish Commission for Economic Cooperation.  

ArmInfo. On June 29, the opening of  the first filling station of the British-Dutch transnational oil and  gas company Shell took place in Yerevan.

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ArmInfo. Since the conclusion  of the deal with the Warsaw Stock Exchange (on the acquisition of a  part of the shares of the Armenia Securities Exchange -AMX), the  Ministry of Economy has been working on a program that will activate  the capital market of Armenia.  Deputy Minister of Economy of Armenia  Rafael Gevorgyan stated at a meeting of the Armenian- Polish  intergovernmental commission on economic cooperation.