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September 26, 2024
Economy
Electricity production in Armenia increased by 0.6% in 8 months
The volume of electricity production in Armenia in January-August 2024 increased by 0.6% compared to the same period in 2023, the National Statistical Committee reports.
26.09.2024, 18:03
Economy
ADB Improves Armenia's economic growth forecast for 2024 to 6%, 2025 forecast unchanged
The Asian Development Bank (ADB) expects Armenia's economy to grow by 6% in 2024, with a forecast of 6% for 2025, according to the ADB's ‘’Asian Development Outlook’’ (September 2024) report.
26.09.2024, 17:57
Economy
Armenia's foreign trade turnover in January-August soars by 70.9% to $22.6 bln.
Armenia's foreign trade turnover soared to $22,581.5 million in January-August 2024, which is 70.9% more than in January-August 2023, the National Statistical Committee reports.
26.09.2024, 17:42
Technology
Vorotan Cascade owner to invest more than $14 million in 2024-2026.
Contour Global Hydro Cascade Company will invest more than AMD 5.5 billion (excluding VAT) in Vorotan HPP cascade owned by it, located in southern Armenia.
26.09.2024, 17:27
Economy
Armenia denies rumors of 700 Armenian trucks on Georgian border
Armenian Economy Minister Gevorg Papoyan denied reports that about 500-700 heavy trucks are waiting in line on the border with Georgia to enter Armenia due to the ineffective work of Armenian customs officers.
26.09.2024, 17:06
Economy
EBRD keeps Armenia's economic growth forecast for 2024 at 6.5%, but points to risks
Armenian economy expanded at the rate of 6.5 per cent year on year in the first half of 2024, showing signs of moderation after very rapid growth in previous years, the European Bank for Reconstruction and Development (EBRD) says in its ‘’Regional Economic Prospects September 2024’’ report.
26.09.2024, 16:01
Society
Armenian authorities allocate more than $2.5 million to pay for utilities of residents of border villages in 2025
At a meeting on Thursday, the Armenian government allocated 988.9 million drams to support residents of border villages in Armenia, which provides for partial compensation of their utility costs and property taxes in 2025.
26.09.2024, 15:49
Economy
Armenian government approves draft state budget for 2025, economic growth is planned at 5.6%
Armenian government approves draft state budget for 2025, economic growth is planned at 5.6%
26.09.2024, 14:32
Politics
U.S. Government announces $20,600,000 support to Armenia to bolster cyber, border, and energy security and strengthen resilience
U.S. Secretary of State Blinken and USAID Administrator Power spotlight democratic progress in Armenia and announce $20,600,000 from the United States to bolster progress.
26.09.2024, 14:24
Technology
ENA plans to rule out power cuts in the centre of Yerevan
Modernisation of the power network in the centre of Yerevan was discussed at the meeting of Mayor Tigran Avinian with Karen Darbinyan, Chairman of the Board of Directors of Electrical Networks of Armenia (ENA) and Karen Harutyunyan, General Director of the company.
26.09.2024, 11:33
Business
UBPay joins IAMTN Payments Network
Armenian payment and settlement system for money transfers UBPay has become a member of the International Association of Money Transfer Networks (IAMTN), Unibank said in a press release.
26.09.2024, 10:34
Business
Armenian Airlines to start flights between Yerevan and Russian Volgograd
Armenian Airlines will launch a new route Yerevan-Volgograd-Yerevan from 1 December 2024.
26.09.2024, 10:28
Politics
Armenia invites Azerbaijan to sign agreed peace treaty points before COP29 summit - PM
Armenian Prime Minister Nikol Pashinyan has proposed Azerbaijan to sign the agreed peace treaty clauses before the COP29 climate summit to be held in Baku in November.
26.09.2024, 09:49
Society
Armenian National Assembly sets up commission to study problems of refugees from Artsakh
A temporary commission was set up in the National Assembly of Armenia to study the living conditions of Artsakh (Nagorno-Karabakh) residents forcibly displaced to Armenia.
26.09.2024, 09:23
Society
Armenia represented for the first time at the Future Green City global conference in Utrecht
The global conference ‘Future Green City’, which brings together construction, landscape design, infrastructure and water resources specialists, is taking place in Utrecht, the Netherlands, from 23 to 26 September.
26.09.2024, 09:07
Economy
Armenian Prime Minister and Kuwaiti Crown Prince discussed prospects of cooperation
Prime Minister Nikol Pashinyan had a meeting on Wednesday with His Highness Sheikh Sabah Khaled Al-Hamad Al-Mubarak Al-Sabah, Crown Prince of the State of Kuwait, within the framework of the 79th session of the UN General Assembly.
26.09.2024, 08:55
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Popular
A court in Yerevan has ruled in favor of a request to arrest Archbishop Mikael Ajapahyan, head of the Shirak Diocese of the Armenian Apostolic Church, for two months, his lawyer Ara Zohrabyan said.
Yerevan court rules to arrest Archbishop Mikael Ajapahyan for two monthsc
