Thursday, June 10 2021,
ArmInfo.Armenia will be among the nominees for the World Travel Awards, established by World Media & Events. According to the press service of the Armenian Tourism and
Urbanism Charitable Foundation (TUF), this was achieved thanks to the
signing of a cooperation agreement between TUF and World Media &
Events.
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Thursday, June 10 2021,
ArmInfo.Armenia and Iran intend to expand cooperation in a number of economic areas. It became known about the achievement of such an agreement following the
meeting of Minister of Economy of Armenia Vahan Kerobyan
andAmbassador Extraordinary and Plenipotentiary of the Islamic
Republic of Iran (IRI) to the RA Abbas Badakhshan Zohouri .
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Wednesday, June 9 2021,
ArmInfo. The increase in the public debt is the price that not only Armenia, but the whole world paid, in order to mitigate the negative impact of the crisis in 2020 in some
way. This was announced on June 9 by RA acting Minister of Finance
Atom Janjughazyan at the sitting of the Standing Committee of the
National Assembly of the Republic of Armenia on Budgetary and
Financial- Credit Issues.
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Wednesday, June 9 2021,
ArmInfo.The World Bank's forecast for GDP growth in Armenia has not changed: - 3.4% in 2021, with an acceleration to 4.3% in 2022 and 5.3% in 2023 (against an actual decline of 7.4% in 2020). This is stated in the new June report of the World Bank "Global Economic Prospects".
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Wednesday, June 9 2021,
ArmInfo.The legislative initiative of the Central Bank of Armenia on the formationof a Centralized Register of Bank Accounts of Individuals will allow to reduce
operating costs when the competent (authorized) bodies apply for
data. On June 9, Deputy Head of the Central Bank of Armenia Nerses
Yeritsyan stated this at the sitting of the Standing Committee of the
National Assembly of the Republic of Armenia on Budgetary and
Financial-Credit Issues, during which the amendments to the law "On
the Central Bank of the Republic of Armenia" were approved.
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Wednesday, June 9 2021,
ArmInfo.RUSAL, one of the world's largest aluminum
producers, has announced a strategic transformation that will spin
off assets that require costly upgrades to reduce emissions into a
separate entity. This was stated by the CEO of RUSAL Evgeny Nikitin
at the St. Petersburg International Economic Forum.
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Tuesday, June 8 2021,
ArmInfo. Symbiotics arranges a Sustainability Bond in Armenia with AraratBank for USD 14.5 million․ Symbiotics, the leading market access platform for impact investing, has arranged a USD 14.5 million Sustainability Bond for AraratBank.
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Tuesday, June 8 2021,
ArmInfo.The UAE company "Masdar" will build a 200 MW solar power plant in Armenia. The project cost will amount to USD 175 million. Yesterday, Acting Deputy Prime Minister of the Republic of Armenia Tigran Avinyan received representatives of the Masdar company, represented by the bid head of the company Mohammed Al Shehhi, whom he congratulated on the fact that the company was recognized as the winner of the project competition for the construction of a photovoltaic industrial station "AYG-1" near Talin town.
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Tuesday, June 8 2021,
ArmInfo. Integration programs like financing the renewal of the rolling stock of the South Caucasus Railway are a priority for the Eurasian Development Bank (EDB). EDB Director for the Republic of Armenia Armen Melkikyan stated this in an interview with ArmInfo correspondent.
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Tuesday, June 8 2021,
ArmInfo.The customer base of banks in Armenia totaled 3,162,200 individuals and 106,395 legal entities by April 2021.
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Tuesday, June 8 2021,
ArmInfo. Chairman of the Board of Directors of Telecom Armenia (TM Beeline) and President of UATE (Union of Advanced Technologies Enterprises) Alexandr Yesayan took part in the Reinvent by Renderforest 2021 digital conference as the
keynote speaker.
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Tuesday, June 8 2021,
ArmInfo. In Armenia's foreign trade turnover, the leadership is held by Russia with a volume of $ 656.9 million in January-April 2021, with an acceleration of y-o-y growth
from 2% to 2.4%. Russia retains leadership not only in this
indicator, but also in exports and imports - $ 220.9 million and $
436 million, respectively, with the change of the y-o-y export
dynamics from 11.3% decline to 20.9% growth with a change of the
import trend from 8.1% growth for 4.9% decline. This is evidenced by
the final data of the RA Statistical Committee.
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Monday, June 7 2021,
ArmInfo. Revenue in the telecommunications sector of Armenia in January-April 2021 amounted to 45.2 billion drams ($ 86.2 million), having increased in annual
terms by 0.2% (against 2.8% decline a year earlier).
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Monday, June 7 2021,
ArmInfo. Passenger traffic in Armenia in January-April 2021 slowed down the y-o-y decline from 38.3% to 17.4%, amounting to 31,596.2 thousand people. This is
evidenced by the data of the RA Statistical Committee.
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Monday, June 7 2021,
ArmInfo.The metallurgical industry of Armenia increased production volumes in January-April 2021 by 26.9% per annum (against a 28% decline a year earlier). This
is evidenced by the data of the RA Statistical Committee.
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Monday, June 7 2021,
ArmInfo. In January-April 2021, the industrial sector of Armenia showed insignificant growth due to the continuing decline in the manufacturing industry since the
outbreak of the pandemic. According to the data of the Statistical
Committee, during the reporting period, the industrial sector of
Armenia increased its volumes by 0.9% (against 4.2% growth in the
previous year), providing the volume of 650.8 billion drams (over $
1.2 billion). In April alone, the industrial sector showed an
increase of 2.1% - up to 180.4 billion drams ($ 343.2 million).
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Monday, June 7 2021,
ArmInfo. Armenia's foreign trade turnover with the EU countries in January-April 2021 reached 12.4% growth (from a 13.4% decline a year earlier), exceeding $ 449.6
million.
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