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Ameriabank unveils Drops app for automated payments

Ameriabank unveils Drops app for automated payments

March 28, 2017 - 16:52 AMT  12:52 GMT
Drops commercial director Ashot Mesropyan said that the number organizations represented in the app will grow.
Global Finance names Ameriabank best Armenian bank in 2017

Global Finance names Ameriabank best Armenian bank in 2017

March 27, 2017 - 18:15 AMT  14:15 GMT
Global Finance editors used a number of criteria to pick the winners, including market share, number and volume of transactions.
New sewing factory to provide 700-800 jobs in Armenia's Gyumri

New sewing factory to provide 700-800 jobs in Armenia's Gyumri

March 27, 2017 - 16:44 AMT  12:44 GMT
The government has made a decision to allocate to Sastex the building of the former regional hospital and the adjacent areas.
Second Armenian air carrier to fly to/from Gyumri

Second Armenian air carrier to fly to/from Gyumri

March 23, 2017 - 17:45 AMT  13:45 GMT
Taron-Avia will launch activity, set to create new jobs and contribute to the development of economy and tourism in the region.
PM Karapetyan wants development program for Sevan

PM Karapetyan wants development program for Sevan

March 23, 2017 - 13:13 AMT  09:13 GMT
“We should especially emphasize the ecological significance of Lake Sevan,” prime minister Karen Karapetyan said.
Armenia, 12 other countries join China-led AIIB

Armenia, 12 other countries join China-led AIIB

March 23, 2017 - 11:30 AMT  07:30 GMT
This is the first time AIIB has welcomed new members to the bank since it inception, the multilateral financial institution said.
UAE's Ocean Holding to invest $100 mln in Armenia's energy sector

UAE's Ocean Holding to invest $100 mln in Armenia's energy sector

March 22, 2017 - 15:07 AMT  11:07 GMT
The ministry, in turns, aims to create favorable conditions for Ocean Holding. The investments will be carried out in several phases.
Armenia budget revenues up by 7.2%: finance minister

Armenia budget revenues up by 7.2%: finance minister

March 22, 2017 - 14:46 AMT  10:46 GMT
On the other hand, budget expenditures rose by just 1.6% in January-February, resulting in an AMD 0.6 billion surplus, he said.
Armenia exports up by 10% in February

Armenia exports up by 10% in February

March 20, 2017 - 16:46 AMT  12:46 GMT
As the National Statistical Service reports, imports to Armenia totaled $267.7 million, registering a 12.4% increase year-on-year.
Tatra truck production to launch in Armenia

Tatra truck production to launch in Armenia

March 18, 2017 - 21:53 AMT  17:53 GMT
Andranik Harutyunyan said the deal is the result of an agreement reached between PM Karen Karapetyan and Russia-based business people.
Armenians invested $40 million in Georgia in five years

Armenians invested $40 million in Georgia in five years

March 15, 2017 - 13:56 AMT  09:56 GMT
As Georgia’s national statistical service reports, the volume of Armenian investments culminated in 2014 when $12.6 million were spent overall.
Russian ruble shows resilience in the face of crude fluctuations

Russian ruble shows resilience in the face of crude fluctuations

March 14, 2017 - 14:05 AMT  10:05 GMT
The Russian currency has come under strong pressure in recent days with Brent crude futures losing 8.1 percent since March 7.
Armenia election campaign: RPA eyes $1 billion trade turnover with Iran

Armenia election campaign: RPA eyes $1 billion trade turnover with Iran

March 13, 2017 - 13:05 AMT  09:05 GMT
“The level of trade turnover with Iran is too low, amounting to $50-75 million without the energy sector,” the premier said.
Yerevan-Brussels-Yerevan regular flights launching April 1

Yerevan-Brussels-Yerevan regular flights launching April 1

March 10, 2017 - 12:05 AMT  08:05 GMT
Some other companies - Air France, Fly Dubai, Air Arabia and LOT Polish Airlines - will fly more frequently during the summer season.
VivaCell-MTS invested over AMD28 bn in Armenia's development

VivaCell-MTS invested over AMD28 bn in Armenia's development

March 9, 2017 - 18:35 AMT  14:35 GMT
The engagement of VivaCell-MTS employees in various projects has considerably boosted the culture of volunteering in Armenia.
Armenia eyes sustainable economic growth from 2018: PM

Armenia eyes sustainable economic growth from 2018: PM

March 9, 2017 - 16:27 AMT  12:27 GMT
He said that his government would also focus on fighting corruption and "eliminating all barriers that impede business from developing".
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