A huge natural gas field has been found a short distance off Rio de Janeiro's coastline, Petrobras, Brazil's state-controlled oil company says. The company believes the new field, Jupiter,
On 4 July President of the Artsakh Republic Bako Sahakyan received honorable president of American University of Armenia Harutyun Armenyan and program leader of the AUA's Turpanjian rural development
On July 3, the Prime Minister Tigran Sargsyan visited Gegharquniq region. He visited Lchashen community, got acquainted with the process of reconstruction work of the way linking Sevan to
RA President Serzh Sargsyan, who is on official visit to Ukraine, participated with his Ukrainian counterpart Viktor Yanukovich in Armenian-Ukrainian business forum opening at trade-industrial palace. Serzh Sargsyan delivered a
RA President Serzh Sargsyan who visited Gegharquniq region during the discussion of issues of nature protection of the Lake Sevan ordered the cleaning of forests, forming new graphic of
On June 28, during the session of the board of trustees of FREDA headed by the Prime Minister, the head of the board Tigran Sargsyan the financial statements and
The fourth Global Armenian High Tech Business Conference ArmTech Congress’11will be held under the patronage of the Prime Minister of the Republic of Armenia on October 10-11, 2011, at
The delegation of Elgava city of Lithuania headed by the mayor Andris Rovanish will pay a working visit to Armenia. On July 1, in the frames of the visit
The Executive Board of the International Monetary Fund (IMF) selected Christine Lagarde to serve as IMF Managing Director for a five-year term starting on July 5, 2011. Let’s note
On June 24, Artak Shaboyan, the RA Chairman of the State Commission for the Protection of Economic Competition (SCPEC) had a working visit in Nagorno-Karabakh. Artak Shaboyan, together with
On June 16-18, 2011 Mr. Karen Zakaryan, Acting CEO of NASDAQ OMX Armenia, participated in Saint-Petersburg International Economic Forum, being the only speaker from Armenia. During the session moderated by
On June 24, the annual Digitec Business Forum started in Yerevan held under the high patronage of the RA Prime Minister Tigran Sargsyan. The general partner of the forum
On June 24-27, Artur Javadyan, the president of the RA Central Bank and Andranik Grigoryan, the Head of Financial System Regulation Department will take part in the annual general
On June 23, in the extraordinary session the National Assembly ratified three loan agreements signed between RA and the Asian Development Bank. By the financing agreement “Urban
On June 23, the project referring to the Armenian law “On the development and state support to the small and medium enterprise” was approved at the sitting of the
On June 22, RA Deputy Prime Minister, Minister of Territorial Administration Armen Gevorgyan, within the frames of his visit to Tavush region, took part in the opening ceremony of
On June 22 during the Scientific-Technical Council’s third meeting chaired by the head of the council, the Prime Minister Tigran Sargsyan the program of expansion “Ariak” close joint-stock
On June 22, during the session of the CANDLE project coordination council, chaired by the head of the council, the Prime Minister Tigran Sargsyan, the council took note
In the first quarter of this year business environment index has decreased and made 96% and it made 94.2% compared with the same quarter of the last year. According to
From July 1 the fare of Yerevan Metropolitan will become 100 drams instead of 50 drams. Yerevan Mayor Karen Karapetyan announced this today. The municipality also plans to replace
In June 2011, the European Commission released EUR 5 million from the AP 2009 Sector Policy Programme in support of vocational education and training (VET) in Armenia. The expected
Hayastan All-Armenian Fund begins reconstruction of Stepanakert Retirement Home The extensive project is made possible by major donation from fund benefactor Armen Shakhazizyan. The Hayastan All-Armenian Fund has launched extensive renovations
On May in Armenian consumer market 0,04% inflation was registered. The general level of prices of food products (including alcoholic drinks and cigarette) has remained unchanged, the price of
18 Jun 2011 Managing director of the National Iranian Oil Refining and Distribution Company NIORDC) on Friday outlined the outcome of talks with Armenia on exporting oil products and said
On June 17, ARARATBANK announced that next week it would begin the distribution of the 4th edition of its obligation. As the executive director of ARARATBANK informs, this
On June 17, a surprise was in store for the employees of the RA Ministry of Economy and the State Commission for the Protection of Economic Competition as they
Locally produced food is much more secure for consumers compared to the imported one. This is reported at the press conference titled “Food market credibility in the context of
On June 17, the delegation headed by RA Deputy Prime Minister, the Minister of Territorial Administration Armen Gevorgyan will take part in the 15th International economic conference of St.
On June 15, RA Prime Minister Tigran Sargsyan arrived in the United Kingdom of Great Britain and Northern Ireland on a working visit. Earlier today, Tigran Sargsyan met the
VivaCell-MTS, a subsidiary of “Mobile TeleSystems” OJSC, informs that AMD 25 million was allocated for supporting Armenian farmers in Armavir region, which suffered the most from hails and rainfalls.
The tragic events at NPP "Fukushima-1" in Japan cannot lead to a refusal of Armenia from the project of building new nuclear power in Armenian NPP, declared Armen
According to the data of 5 months of this year the Armenian banking system has improved its several indices. President of the Central Bank Artur Javadyan, declaring about
During the last two months, RA government undertook such called program of peasant crediting. It took the currency risks of the banks and the compensation of 4-6 percentage point
“Armenian-German Foundation” was formed in 1999-2001, by the support of Germanic KfW bank and RA Central Bank. Nowadays, the foundation carries out 6 programs, which are financed by different
The Economist online- Which countries have had most, and least, GDP growth per person since 2001? FOR all its faults, GDP per person is still the measure that gives the
WASHINGTON, June 7, 2011 – As they put the financial crisis behind them, developing countries need to focus on tackling country-specific challenges such as achieving balanced growth through structural
The Hayastan All-Armenian Fund is building a natural-gas system in Artsni, a village in Armenia’s Lori Region. The project is sponsored by the fund’s German affiliate. “Our goal is to
The imported vaccines against 10 diseases for agricultural animals have already been divided among all the regions of the country were the inoculation activities have already begun and will
IFC Helps Armenia Simplify Export and Import Procedures, Improving Investment Climate Yerevan, Armenia, June 7, 2011—IFC, a member of the World Bank Group, is providing advice to Armenia on how
The main goal of the World Economic Forum on Europe and Central Asia is to view the global developments in the pre-context of the existing regional issues and also
The Prime Minister is in Vienna for participation in the World Economic Forum on Europe and Central Asia. In the agenda of RA Prime Minister Tigran Sargsyan bilateral meetings
On June 7, the governmental delegation headed RA Prime Minister Tigran Sargsyan will leave for Wien to participate in the meeting of World Economic Summit on the issues of
June 6, 2011 -Cascade Insurance 13 Staff members joined Fuller Center for Housing Armenia beneficiary family of Davtyans at the building site in the village of Ashnak, Aragatsotn region. Cascade
On March 22 of the current year the World Bank Board of Executive Directors approved the 16 million USD loan for “The project of the management and competitiveness of
An international group of experts for the security of nuclear devices, OSART mission, led by the International Agency for Atomic Energy (IAAE), implemented checkups in Metsamor Nuclear Power
On June 2, Ambassador Marie L. Yovanovitch and Minister of Energy and Natural Resources Armen Movsisian signed a Memorandum of Understanding on conventional and unconventional energy resources. This
The opening ceremony of “Tigran Mets” branch of Inecobank is another step to be more available for costumers On June 1, 2011 the official opening of Inecobank’s new “Tigran Mets”
Within the scopes of the loan agreements signed with EBRD (London) and BlueOrchard Finance SA (Geneva), in the year 2011 ProCredit Bank will allocate USD 10 million more for the development
On June 1, the Prime Minister Tigran Sargsyan received WB Regional Director for the South Caucasus Asad Alam. During the meeting the sides discussed a number of issues referring
On June 1, the opening ceremony of “Pepsi Cola Botler Armenia” fabric of “Jermuk International” took place in Yerevan and RA President Serzh Sargsyan were present there. As