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Converse Bank joins The KYC Registry

Converse Bank joins The KYC Registry

August 25, 2016 - 16:33 AMT  12:33 GMT
The KYC Registry maintains and stores a standardized set of information about correspondent banks required for KYC compliance.
Armenia arranges free trade area with Iran, Economy Minister says

Armenia arranges free trade area with Iran, Economy Minister says

August 25, 2016 - 15:41 AMT  11:41 GMT
Weighing in on the deal, Minasyan said that both Armenia and Iran should be engaged, with Armenia, according to him, already making efforts.
Special New York forum to boost foreign investments in Armenia

Special New York forum to boost foreign investments in Armenia

August 24, 2016 - 12:27 AMT  08:27 GMT
The event will feature speeches by President Serzh Sargsyan, as well as top executives of the World Bank and the Asian Development Bank.
Starwood Hotels & Resorts to debut first hotel in Armenia

Starwood Hotels & Resorts to debut first hotel in Armenia

August 22, 2016 - 14:27 AMT  10:27 GMT
The Alexander hotel, will be located in one of the most prestigious addresses in the capital city, close to the Republic Square.
EU helps Armenian, Georgian businesses improve communication

EU helps Armenian, Georgian businesses improve communication

August 22, 2016 - 12:03 AMT  08:03 GMT
The project aims to improve living conditions of the bordering communities and strengthen their cross-border potential.
Lydian Armenia begins construction of new Amulsar gold mine

Lydian Armenia begins construction of new Amulsar gold mine

August 20, 2016 - 11:03 AMT  07:03 GMT
In ten years Lydian Armenia, the subsidiary of the British Lydian International, will provide 700 permanent jobs.
Oil surges above $50 for first time since July

Oil surges above $50 for first time since July

August 18, 2016 - 15:06 AMT  11:06 GMT
The North Sea benchmark Brent was hovering around $50 per barrel, while US West Texas Intermediate was trading above $47.
Mining giant BHP Billiton posts record loss for past year

Mining giant BHP Billiton posts record loss for past year

August 16, 2016 - 14:33 AMT  10:33 GMT
The global mining sector has seen years of weak demand attributed largely to slowing growth in China.
Govt. to allocate extra AMD 101 mln for Independence Day events

Govt. to allocate extra AMD 101 mln for Independence Day events

August 11, 2016 - 15:53 AMT  11:53 GMT
The means will be provided to Classical Music Support NGO. The resolution was approved at the August 11 governmental sitting.
Deputy FM: EU-Armenia common air zone to help decrease tariffs

Deputy FM: EU-Armenia common air zone to help decrease tariffs

August 11, 2016 - 15:45 AMT  11:45 GMT
The official said that the EU countries have already issued a mandate for negotiating a corresponding document.
Armenia’s agricultural export on the rise

Armenia’s agricultural export on the rise

August 9, 2016 - 18:44 AMT  14:44 GMT
“The export of raw vegetables and fruits tops last year’s total results; we are now planning to increase it to 120 tons,” Robert Makaryan said.
Armenian government to create Iranian gas import company

Armenian government to create Iranian gas import company

August 4, 2016 - 18:05 AMT  14:05 GMT
Iran plans to increase natural gas exports to Armenia from 1 million cubic meters per day to 3 million cubic meters in the next few years.
PM: Armenia posts 4.8% economic growth in 1st halfyear of 2016

PM: Armenia posts 4.8% economic growth in 1st halfyear of 2016

August 4, 2016 - 13:54 AMT  09:54 GMT
The premier attributed the deficit in the foreign trade balance to the increasing exports (vs lower imports).
Recent events to affect Armenia’s tourist sector: economist

Recent events to affect Armenia’s tourist sector: economist

August 2, 2016 - 15:56 AMT  11:56 GMT
Armenia’s rankings were recently increased due to the Pope’s visit and recognition of the Genocide.
Armenia airline launches regular Yerevan-Moscow flights

Armenia airline launches regular Yerevan-Moscow flights

August 1, 2016 - 12:52 AMT  08:52 GMT
The price for Moscow-Yerevan-Moscow flight ticket, booked a month in advance stands at 138 euro including taxes.
Armenia accounts for 40% of imports of brandy to Russia

Armenia accounts for 40% of imports of brandy to Russia

July 29, 2016 - 16:06 AMT  12:06 GMT
“In the first half of 2016, Armenia shipped 3 million liters of brandy to Russia, making up some 40% of import volumes,” a survey said.
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