Armenia will be among the nominees for World Travel Awards
 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.

Armenia and Iran intend to expand cooperation in a number of economic  areas
 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 .

Ministry of Finance: Three quarters of Armenia`s public debt is in  foreign currency, which creates additional risks in connection with  the management of public debt 
 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.

World Bank`s forecast for GDP growth in Armenia has not changed: 3.4%  in 2021, accelerating to 4.3% in 2022
 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".

CBA initiative to create a centralized register of bank accounts of  individuals was approved by relevant parliamentary committee
 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.

RUSAL`s foil-rolling mills to join AL +
 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.

 Wednesday, June 9 2021,

ArmInfo.

 Tuesday, June 8 2021,

ArmInfo.

 Tuesday, June 8 2021,

ArmInfo.

AraratBank raises USD 14.5 m arranged by Symbiotics
 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.

UAE "Masdar" company to build a solar power plant in Armenia with a  capacity of 200 MW
 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.

EDB is ready to consider integration projects in the region  
 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.

Customer base of Armenian banks increased by 6% per annum by April,  and accounts  - by 4.3%
 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.

Head of Telecom Armenia shared his success story at Reinvent by  Renderforest conference
 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.

In Armenia`s foreign trade turnover Russia and China continue to be  leaders in exports and imports
 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.

Telecommunications sector revenue in Armenia grows
 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).

Cargo transportation in Armenia by May 2021 increased by 17.7%, with  a decline in passenger traffic by 17.4%
 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.

The metallurgical industry of Armenia increased production by 26.9%  per annum by May 2021
 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.

Armenia`s industrial sector slowly recovers from coronavirus crisis
 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).

Armenia`s foreign trade turnover with EU countries increased by 12.4%  per annum by May 2021
 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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