Tax exemption on private bond earnings may be extended

Tax exemption on private bond earnings may be extended

February 26, 2025 - 17:30 AMT  13:30 GMT
Armenia may extend the income tax exemption on private bond earnings for another three years. The government and lawmakers support the measure to boost investments.
Gyumri's 'Dry Port' project seeks international investors

Gyumri's 'Dry Port' project seeks international investors

February 25, 2025 - 19:03 AMT  15:03 GMT
Armenia is in discussions with global investors to develop a 'Dry Port' in Gyumri, aiming to enhance regional logistics and industrial infrastructure.
Economic activity in Armenia grows 7.1% in January

Economic activity in Armenia grows 7.1% in January

February 25, 2025 - 18:45 AMT  14:45 GMT
Despite year-on-year growth, Armenia's economic activity dropped significantly in January compared to December, with declines in industrial output and foreign trade.
Yerevan Brandy Company presents new limited series

Yerevan Brandy Company presents new limited series

February 25, 2025 - 13:43 AMT  09:43 GMT
ARARAT Bourbon Cask will be presented to consumers in vibrant packaging adorned with the ARARAT brand symbol – the Phoenix.
Air company Fly Arna declared bankrupt

Air company Fly Arna declared bankrupt

February 25, 2025 - 12:09 AMT  08:09 GMT
The airline, launched in 2022, ceased operations in January 2024. The court has now declared it bankrupt after a lawsuit by its founder’s subsidiary.
Cascade upper section construction to be completed in 5 years

Cascade upper section construction to be completed in 5 years

February 24, 2025 - 17:59 AMT  13:59 GMT
Facilities to be created include a concert hall for approximately 1,000 people, a new contemporary art museum, studios, and leisure and recreation areas.
Veolia Armenia to invest AMD 5 billion in Yerevan infrastructure

Veolia Armenia to invest AMD 5 billion in Yerevan infrastructure

February 24, 2025 - 15:59 AMT  11:59 GMT
“Specifically, significant work will be carried out by the company in Nubarashen," Hovhannisyan said.
Armenia, Iran discuss creation of joint industrial zones

Armenia, Iran discuss creation of joint industrial zones

February 22, 2025 - 13:44 AMT  09:44 GMT
Armenian and Iranian officials explore opportunities for expanding trade and investment cooperation, including the establishment of joint industrial zones in Armenia.
EDB plans $200-250 million investment in Armenia by 2026

EDB plans $200-250 million investment in Armenia by 2026

February 21, 2025 - 18:49 AMT  14:49 GMT
Eurasian Development Bank intends to invest up to $250 million in Armenia by 2026, continuing its focus on the real sector of the economy.
Armenian Vice PM joins EEC session in Moscow

Armenian Vice PM joins EEC session in Moscow

February 21, 2025 - 18:44 AMT  14:44 GMT
Mher Grigoryan, participates in the EEC Council meeting in Moscow, addressing key economic issues within the Eurasian Economic Union.
Armenia's GDP grows 5.9% in 2024

Armenia's GDP grows 5.9% in 2024

February 21, 2025 - 13:37 AMT  09:37 GMT
Armenia's economy expands by 5.9% in 2024, driven by trade and services sectors.
Armenian government approves amendments to transport law

Armenian government approves amendments to transport law

February 20, 2025 - 18:43 AMT  14:43 GMT
The government will have broader powers to support the development of passenger and freight transport, facilitating fleet renewal and improving service quality.
Ameriabank named Armenia’s Best Investment Bank for 2025 by Global Finance

Ameriabank named Armenia’s Best Investment Bank for 2025 by Global Finance

February 20, 2025 - 14:16 AMT  10:16 GMT
Ameriabank continues its leadership in the market in 2025 with the launch of the placement of USD 80 million bonds issued by Viva Armenia.
IDBank introduces new Visa Signature Business Card

IDBank introduces new Visa Signature Business Card

February 20, 2025 - 13:53 AMT  09:53 GMT
The Visa Signature Business card covers nearly all travel insurance points and expenses, eliminating the need to worry about insurance while traveling.
Tax revenues in January 2025 exceed previous year’s by 31.1%

Tax revenues in January 2025 exceed previous year’s by 31.1%

February 20, 2025 - 14:12 AMT  10:12 GMT
Armenia’s State Revenue Committee collected 232.8 billion drams in tax revenues and duties in January 2025, marking a 31.1% increase from the previous year.
Armenia sees 140,000 tourist arrivals in January 2025

Armenia sees 140,000 tourist arrivals in January 2025

February 19, 2025 - 16:28 AMT  12:28 GMT
In January 2025, Armenia welcomed nearly 140,000 tourists, with Russia as the top source country.
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