#ARMENIA
Pilot project for development of Kumairi to be prepared before June 10
Armenian Prime Minister Karen Karapetyan ordered the State Committee for Construction today to work out a pilot project for the development of Kumairi, a historical quarter in Armenia’s second largest town of Gyumri.Armenian insurance companies collected 17.8 billion drams in 2016 as premiums for mandatory insurance of vehicles
Six Armenia-based insurance companies collected a total of 17.8 billion drams in 2016 as premiums for mandatory insurance of vehicles and paid 8.8 billion drams in damage compensation claims, according to ARKA news agency’s bulletin "Insurance companies of Armenia" for the fourth quarter of 2016.VTB Bank (Armenia) provides consumer loans to clients via MasterCard Instant Issue
To save its clients’ time and improve the quality of its services VTB Bank (Armenia) has made loan-formalizing procedures faster – it will transfer consumer loans – a sum equal to the borrower’s eight-fold salary and up to AMD 4 million - to MasterCard Instant issue card, the bank’s press office reported on Thursday.Creation of 100,000 jobs could half poverty level in Armenia
Creation of 100 thousand jobs can help halve the poverty in Armenia, Gagik Makaryan, the head of the National Union of Employers, told a news conference today. He said in order to reduce poverty the government should take drastic measures.Russian retailers intend to sign cooperation agreement with Armenian clothing brand
Large Russian retailers intend to sign a cooperation agreement with an Armenian clothing brand "5900BC", the press service of the Armenian ministry of economic development and investment said today.Special vineyard in Armenia cultivates more than 250 varieties of grape
A special vineyard established in Armenia cultivates more than 250 varieties of grape, Avetik Nersisyan, an expert at the regional office of the UN Food and Agriculture Organization (FAO), said to ARKA news agency.Ekra Kavkaz to invest $1 million in production of protective relay equipment
Armenia’s Minister of Economic Development and Investment Suren Karayan and director of EKRA Kavkaz company Arman Yesayan signed today a memorandum of cooperation, whereby the company will establish production of protective relay equipment.World Bank revises upward metal prices. Why is it important for Armenia?
In its 2017 January report titled "Commodity Markets Outlook" the World Bank revised upwards its outlook for metal prices up to 11% from 4%, predicted in October against the background of a drop in supply and continuously high demand from China and industrialized countries.News 16101 - 16120 of 18469
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