ArmInfo.Amundi-Acba Asset Management CJSC made a major investment from the assets of the Balanced and Conservative Pension Funds under its management in the equities of Telecom Armenia OJSC by participating in the initial public offering.

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ArmInfo. Armenia's Deputy Minister of Economy Narek Teryan had a meeting in Mumbai with  Minister of Ports, Shipping and Waterways of India Shantanu Thakur. Attending the meeting was Iranian Commercial Attache in Armenia Vardan Kostanyan.   

ArmInfo. Within the EU, Armenia is one of the developed centers in the field of IT, pharmaceuticals and logistics, just as during the Soviet era the state was the most developed in these areas.

ArmInfo.On 19 October , the 61st Meeting of the Parliamentary Assembly of the Black Sea Economic  Cooperation (PABSEC) Economic, Commercial and Financial Affairs Committee was held in Yerevan, the press service of the Armenian Parliament reports.

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ArmInfo.A regular Cabinet meeting took place today, chaired by Prime Minister Nikol Pashinyan,  the press service of the RA Government reports.

ArmInfo.The award ceremony was organized as part of Collaborate for Impact program, funded by the European Union in Armenia and implemented by the European Venture Philanthropy Association (EVPA) in partnership with Impact Hub Yerevan.

ArmInfo. Armenia's Minister of Economy Vahan Kerobyan, who is on a visit to China, has held a  meeting with a business delegation from the Jiangsu province. 

ArmInfo.Armenia's Minister of High-Tech Industry Robert Khachatryan hosted a delegation Siemens  EDA  led by Mr Adrian Buckley, Vice-President, Europe, and Ms Irina Dumanyan, Strategic Business Director at Siemens EDA (Siemens Digital Industries Software). 

ArmInfo.The information found in a number of Telegram channels that the Yerevan aluminum plant "Armenal" is on the verge of closure is not true, the press service of the enterprise told ArmInfo. It was noted here that the plant continues to operate normally.

ArmInfo. Armenia and India discussed the possibilities of transit cargo transportation through  the Indian port of Mumbai. This was reported by the press service of the Ministry of Economy of Armenia, referring to the results of a meeting in Mumbai between Deputy Minister of Economy of the Republic  of Armenia Narek Teryan and Rajiv Jalota, Chairman of the Mumbai Port Authority (MbPA) and Indian Ports Association

ArmInfo.The Government of Armenia plans to develop and implement programs with a smart  component, in particular, in the fields of energy, road construction, environmental protection, water resources management, citizen safety, education, etc. Minister of Economy of Armenia Vahan Kerobyan stated  in his speech  during the forum "Smart City and Urban Management", held within the framework of the 3rd Belt and  Road Forum for International Cooperation.

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ArmInfo. Armenian banks are reviving their credit policy after "resting on immigrants' laurels".  This must be done quickly and competently in order to maintain profit growth and avoid its serious decline.

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ArmInfo. In the insurance market of Armenia, the loss ratio for Compulsory Motor Third Party Liability (CMPTL) continues to grow, up to 66% as of October 1, 2023, from last year's 64%, according to the data from the Motor Insurers' Bureau of Armenia.  

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ArmInfo. The Eurasian Development Bank (EDB) has released the latest Macroeconomic Review for its six member states. This regular publication provides a roundup of the macroeconomic situation and projects near-term developments in the member countries. The review also contains detailed statistics on key macroeconomic indicators.