ArmInfo.

ArmInfo. On May 27, 2022, the Swiss Agency for Development and Cooperation SDC approved a grant worth CHF 12'000'000 for an economic development intervention in  Armenia and launched an international tender process to identify an  implementing partner.

ArmInfo. The development of a new community is planned in Yerevan. The community, with the necessary infrastructure and a forest park, will neighbor Pavlo  Tychyna street and the North-South motorway, the RA Premier's press  office reports. 

ArmInfo.Huawei, one of the largest Chinese companies in the field of telecommunications, has launched the " Seeds for the Future-2022 scholarship programme  in Armenia to support talented youth and train them in information and  communication technologies (ICT). This was reported by the press  service of the RA Ministry of Economy.

ArmInfo. The Ministry of Transport of the Russian Federation is working at a faster pace to increase the throughput of checkpoints, including the Upper Lars  checkpoint on the Russian-Georgian border. TASS reports, with  reference to the press service of the state department of the Russian  Federation.

ArmInfo.

ArmInfo.IT is one of the bases of Armenia's economic progress, Armenia's Premier Nikol Pashinyan stated at a video-conference Eurasian forum. 

ArmInfo.The Armenian government has approved a loan program for housing renovation, which will be implemented with state support. As Prime Minister Nikol Pashinyan noted during a government meeting on May 26, loans will be issued to  citizens for a period of 7 years, with an interest rate of 14%. 

ArmInfo.The MPs of the Kazakh Senate adopted the law "On the ratification of the Agreement between the Government of the Republic of Kazakhstan and the Government of the Republic of Armenia on trade and economic cooperation in the  field of supplies of petroleum products to the Republic of Armenia".

ArmInfo.On May 25, at 10:35pm Yerevan time, Armenia's first satellite was launched into the Earth's orbit  on a SpaceX rocket from the Cape Canaveral Space Force Station  (Florida, USA). Prime Minister of Armenia Nikol Pashinyan announced  this on May 26 during a government meeting.

ArmInfo.

ArmInfo.Global Finance Magazine has announced its selections for the second annual Sustainable Finance Awards where Ameriabank has been named the Best Bank in Sustainable Finance in Armenia for 2022. The Bank is the first in the region to receive this award.  

ArmInfo.

ArmInfo.In Armenia, economic activity in January-April 2022 increased by 9.4% per annum, against the backdrop of growth in exports and imports by 25.2% and 39.1%,  respectively, which was observed at a relatively restrained pace in  the same period a year ago - the growth of economic activity by 2.6%  was accompanied by the growth of exports and imports by 16.7% and  2.2%, respectively.

ArmInfo.From 7 June 2022 Red Wings will start operating flights on the route Volgograd - Yerevan- Volgograd . Flights will be operated once a week every Tuesday.

ArmInfo.According to EDB analysts, the volume of mutual trade between the EAEU countries amounted to $5.2 billion in March 2022, having decreased by 10.3% compared to March 2021.  The main contribution to this dynamics was made by the decrease in trade between Russia and Belarus and Kazakhstan.

ArmInfo.A total of AMD 554mln has been disbursed for the construction design of the metro station in Ajapnyak administrative district. The Council of Elders approved  of the draft decision during its regular meeting, the official  website of the Yerevan Municipality reports. 

ArmInfo. This October, for the first time in Armenia, an event in meta-reality (virtual reality) will be held - the Metaverse Expo-Festival (meta + universe), which  will open up new opportunities for Armenian manufacturers and the  tourism industry to present their products and services to business  representatives and visitors from all over the world, excluding any  kind of restriction.

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ArmInfo. Within the framework of the World Economic Forum held in Davos, on May 24, CEO of the Warsaw Stock Exchange Marek Dietl and CEO of the Armenian Stock Exchange Hayk Yeganian, in the presence of President of the Republic of  Armenia Vahagn Khachaturian and President of the Republic of Poland  Andrzej Duda, signed a Letter of intent on the acquisition of 65.03%  of the shares of the Armenian Stock Exchange by the Warsaw Stock  Exchange, the Central Bank of the Republic of Armenia reports.