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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.
Armenia approves construction of defensive wall near Azeri border

Armenia approves construction of defensive wall near Azeri border

July 29, 2016 - 14:41 AMT  10:41 GMT
With a length of some 150 meters and a height of 2.4 meters, the defensive wall will protect the area from the Azerbaijani fire.
Japan unveils more than $266 bn economic stimulus: media

Japan unveils more than $266 bn economic stimulus: media

July 27, 2016 - 10:44 AMT  06:44 GMT
Abe promised a stimulus package after Britain's vote to quit the EU sparked a rally in the yen that threatened profits at Japan Inc.
Iran to triple gas supply to Armenia by 2018

Iran to triple gas supply to Armenia by 2018

July 26, 2016 - 15:44 AMT  11:44 GMT
Iran’s oil minister announced that on the basis of a new agreement, Iranian gas will be transported to Georgia via Armenia.
Armenia ready to boost investment in Iran: envoy

Armenia ready to boost investment in Iran: envoy

July 25, 2016 - 15:39 AMT  11:39 GMT
The central bank of Armenia has developed plans to expand banking and monetary cooperation with Iran, the envoy added.
Karabakh President wants focus on hydro power production

Karabakh President wants focus on hydro power production

July 25, 2016 - 13:33 AMT  09:33 GMT
Karabakh President said utilization of hydro resources is strategically important for the socioeconomic development of the country.
Fitch predicts 3.5% GDP growth in Armenia

Fitch predicts 3.5% GDP growth in Armenia

July 23, 2016 - 14:21 AMT  10:21 GMT
Armenia's economy continues to grow at a healthy rate, and Fitch expects this to remain the case during the forecast period.
First-ever geothermal power station to be built in Armenia

First-ever geothermal power station to be built in Armenia

July 19, 2016 - 18:15 AMT  14:15 GMT
A 30 MW geothermal power station will be built here with an annual production capacity of up to 250 million kilowatts of electricity.
Armenia airline’s maiden flight roars off the runway to Russia

Armenia airline’s maiden flight roars off the runway to Russia

July 19, 2016 - 16:25 AMT  12:25 GMT
Launched just recently, the air company promised diversity in terms of the number of destinations across Europe and Asia.
EDB lifts Armenia GDP growth outlook to 2.6%

EDB lifts Armenia GDP growth outlook to 2.6%

July 15, 2016 - 12:19 AMT  08:19 GMT
The implementation of infrastructure projects are expected to push economic growth up to 4.2% in 2017 and 4.1% in 2018.
Armenia to manufacture, export breathalyzers to Russia, EU

Armenia to manufacture, export breathalyzers to Russia, EU

July 14, 2016 - 15:58 AMT  11:58 GMT
The company intends to produce and export 15,000 devises initially and to build up its output and export to 40,000 in the future.
Armenia to produce, export night vision, thermal imaging cameras

Armenia to produce, export night vision, thermal imaging cameras

July 14, 2016 - 13:38 AMT  09:38 GMT
The project eyes investments worth $31 million, 10 jobs will be created at the beginning, and 35 people will work on the project in five years.
First-ever Radisson Blu hotel opens in Yerevan

First-ever Radisson Blu hotel opens in Yerevan

July 13, 2016 - 13:08 AMT  09:08 GMT
The President toured the premise of Radisson Blu Hotel Yerevan, learnt about the investments, and services offered by the hotel.
Italy faces two decades of stagnant economic growth: IMF

Italy faces two decades of stagnant economic growth: IMF

July 12, 2016 - 10:16 AMT  06:16 GMT
Italy has 11% unemployment and a banking sector in crisis, with government debt second only to that of Greece.
Iran interested in Armenia’s water resources

Iran interested in Armenia’s water resources

July 4, 2016 - 13:40 AMT  09:40 GMT
“They seek to take Armenian waters from Lake Sevan and elsewhere to Lake Urmia,” a top official from the Ministry of Agriculture said.
Iran to increase gas exports to Armenia threefold

Iran to increase gas exports to Armenia threefold

July 2, 2016 - 13:59 AMT  09:59 GMT
“The two sides are currently preparing the required infrastructure for boosting natural gas exchange,” NIGEC chief Alireza Kameli said.
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