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Electricity prices for consumers in Armenia to remain unchanged in 2025
Electricity prices for consumers in Armenia will remain unchanged in 2025, according to a decision made on Monday by the Public Services Regulatory Commission (PSRC). YEREVAN, 30 December. /ARKA/. Electricity prices for consumers in Armenia will remain unchanged in 2025, according ...
12/30/2024Armenian Prime Minister: Armenian border guards start serving at Agarak checkpoint on the border with Iran
From today, only Armenian Border Troops will carry out border control at the Agarak checkpoint of the Armenian-Iranian state border, Prime Minister Nikol Pashinyan said on Monday. YEREVAN, 30 December. /ARKA/. From today, only Armenian Border Troops will carry out ...
12/30/2024National Weather Center plans to purchase two modern weather radars in 2026
In 2026, the Hydrometeorology and Monitoring Center of Armenia plans to purchase two new weather radars, the center's director, Levon Azizyan, announced at a press conference. YEREVAN, December 30. /ARKA/.In 2026, the Hydrometeorology and Monitoring Center of Armenia plans to purchase two new weather ...
12/30/2024“Gazprom Armenia” CJSC's license extended until January 1, 2026
At a meeting on Monday, the Public Services Regulatory Commission of Armenia extended the license of “Gazprom Armenia” CJSC to import gas into Armenia for one year, until January 1, 2026. YEREVAN, December 30. /ARKA/. At a meeting on Monday, the Public Services Regulatory Commission of Armenia extended the license ...
12/30/2024Mostly dry weather expected in Armenia during the first ten days of January – Surenyan
In the first ten days of January 2025, mostly dry weather is expected in Armenia, said Gagik Surenyan, Deputy Director of the Hydrometeorology and Monitoring Center. YEREVAN, December 30. /ARKA/. In the first ten days of January 2025, mostly dry weather is expected in Armenia, said Gagik Surenyan, Deputy Director of the ...
12/30/2024Armenia does not plan to restrict flights to Russia
The authorities of Armenia do not plan to limit the operation of civil aviation flights to Russia following the crash of an Azerbaijani plane near Aktau, said Sona Arutyunyan, the press secretary of the Ministry of Territorial Administration and Infrastructure of Armenia,...
12/30/2024EDB names reason behind Armenia's economic slowdown in November
Analysts from the Eurasian Development Bank (EDB) have analyzed the reasons behind the slowdown in economic activity in Armenia in November this year. YEREVAN, December 30. /ARKA/. Analysts from the Eurasian Development Bank (EDB) have analyzed the reasons behind the slowdown in economic activity in Armenia in November this year. "Economic activity in Armenia ...
12/30/2024Lydian Armenia donates 12.5 per cent of its shares to Armenian government
Lydian Armenia, a company that has been granted license to develop the Amulsar gold mine in the country’s Vayots Dzor region, has donated 12.5 per cent of its shares to the government. YEREVAN, 28 December. /ARKA/. Lydian Armenia, a company that has ...
12/28/2024Armenian Prosecutor General's Office recovers $30 million worth of illegally alienated property
Armenian Prosecutor General Anna Vardapetyan said today that within the framework of new powers delegated to her agency, law enforcement bodies managed to recover 8 real estate properties during 2023-2024 worth $30 million, which were alienated illegally....
12/27/2024Armenia to receive €12.9m grant from European Commission to ensure nuclear safety
The Armenian government on Friday approved a draft presidential decree on approval of the financial agreement with the European Commission on strengthening nuclear safety and improving radiation protection and radioactive waste management . YEREVAN, ...
12/27/2024Armenian government amends loan agreement with EDB on allocation of $200 million from ESDF for construction of Kajaran tunnel
On Friday, the Armenian government approved the proposal to sign an additional agreement No. 1 to the agreement between the Republic of Armenia and the Eurasian Development Bank (EDB) on the provision of an investment loan in the amount of $200 million to finance the ...
12/27/2024Benefits for highly qualified specialists to be reduced in Armenia
At a meeting on Friday, the Armenian government approved a decision to extend the program for subsidizing leasing contracts and loans for industry until December 31, 2025. This program, which was in effect from March 26, 2020, to December 1, 2024, includes a component for compensating ...
12/27/2024Armenian government imposes six-month ban on whitefish caviar exports
Armenia has imposed a 6-month ban on the export of whitefish caviar. The decision was made at a government meeting on Friday. YEREVAN, December 27. /ARKA/. Armenia has imposed a 6-month ban on the export of whitefish caviar. The decision was made ...
12/27/2024Armenia recovers 5 billion AMD of illegally acquired property
Illegally acquired property worth 5 billion drams has been returned to Armenia in a short period of time, said Srbuhi Galyan, Minister of Justice of the country. YEREVAN, December 27. /ARKA/. Illegally acquired property worth 5 billion drams has been returned to Armenia in a short period of time, said Srbuhi Galyan, ...
12/27/2024Armenia to extend subsidy program for industry leasing and loans
At a meeting on Thursday, the Armenian government approved a decision to extend the program of subsidizing leasing contracts and loans for industry until December 31, 2025. The program had previously been in effect from March 26, 2020, to December 1, 2024. YEREVAN, December 27....
12/27/2024Armenia to revamp benefits system placing focus on employment
The Armenian authorities are planning to change their approach to providing benefits to the working-age population. YEREVAN, December 27. /ARKA/. The Armenian authorities are planning to change their approach to providing benefits to the working-age ...
12/27/2024Armenia approves Employment Strategy for 2025-2031
On Thursday, the Armenian government approved the Employment Strategy for 2025-2031, with the main goal of combating unemployment. YEREVAN, December 27. /ARKA/. On Thursday, the Armenian government approved the Employment Strategy for 2025-2031, with the main goal ...
12/27/2024Biometric system to operate in Armenia from second half of 2026 – Minister of Internal Affairs
A new biometric system, including new biometric passports and ID cards, is planned to be introduced in Armenia, according to Armenian Minister of Internal Affairs Arpine Sargsyan. YEREVAN, December 27. /ARKA/. A new biometric system, including new biometric passports and ID cards, is planned to be introduced in Armenia, according to Armenian Minister ...
12/27/2024Armenia and Japan sign convention on avoidance of double taxation
Armenian Finance Minister Vahe Hovhannisyan and the Ambassador Extraordinary and Plenipotentiary of Japan to Armenia, Aoki Yutaka, signed the Convention on the Avoidance of Double Taxation of Income between the Republic of Armenia and Japan, as well as ...
12/27/2024Armenian Minister of Internal Affairs reports 2.2% reduction in crime rate over 11 months
According to statistics for the first 11 months of the current year, the number of crimes in Armenia has decreased by 2.2% compared to last year, said Arpine Sargsyan, head of the Ministry of Internal Affairs. YEREVAN, December 27. /ARKA/. According to statistics for the first 11 months of the current year, the number of crimes in Armenia ...
12/27/2024Former head of Armenian Water Committee charged, placed under house arrest
Ex-chairman of Armenia's Water Committee Vahagn Gevorgyan has been charged as part of a criminal case initiated by the Anti-Corruption Committee. YEREVAN, 26 December. /ARKA/. Ex-chairman of Armenia's Water Committee Vahagn Gevorgyan has been charged as part of ...
12/26/2024Former Artsakh State Minister: Yerevan and Baku will not sign peace agreement
There will be no peace document between Armenia and Azerbaijan, former Artsakh state minister and ex-ombudsman Artak Beglaryan said on Thursday. YEREVAN, December 26. /ARKA/. There will be no peace document between Armenia and Azerbaijan, former Artsakh state minister and ex-ombudsman Artak ...
12/26/2024Pashinyan names key priorities of Armenia's chairmanship of EAEU
Speaking online at a meeting of the Supreme Economic Council of the EAEU, Armenian Prime Minister Nikol Pashinyan summarized the country’s chairmanship of the Union's bodies and outlined key priorities. YEREVAN, December 26. /ARКА/. Speaking online at a meeting of the Supreme Economic Council of the EAEU, Armenian Prime ...
12/26/2024Former Artsakh state minister calls Baku's offer on prisoners "bait"
The offer from the Prosecutor General’s Office of Azerbaijan to Armenia to cooperate on the issue of Armenian prisoners is nothing more than another bait or political demand. YEREVAN, December 26. /ARKA/. The offer from the Prosecutor General’s Office of Azerbaijan to Armenia to cooperate on the issue of Armenian ...
12/26/2024Ardshinbank once again recognized as Private Bank of the Year and Retail Bank of the Year by Global Banking and Finance Awards magazine
Ardshinbank has been awarded the title of Best Private Bank Armenia for the fourth time and The Next 100 Global Awards 2024 – Retail Banking for the second time by the well-known international financial magazine Global Banking & Finance Review. A special jury of industry analysts and experts annually selects ...
12/26/2024Gas supply to Armenia from Russia interrupted for 6 hours due to emergency restoration work
Gas supply to Armenia was interrupted for 6 hours on December 26, according to the press service of “Gazprom Armenia”. YEREVAN, December 26. /ARKA/. Gas supply to Armenia was interrupted for 6 hours on December 26, according to the press service of “Gazprom ...
12/26/2024“Gazprom-Armenia” to invest about 143 billion drams in 2025-2029
The Public Services Regulatory Commission (PSRC) of Armenia has approved the investment program of “Gazprom-Armenia” CJSC for 2025-2029. YEREVAN, December 26. /ARKA/. The Public Services Regulatory Commission (PSRC) of Armenia has approved the investment program of “Gazprom-Armenia” CJSC for ...
12/26/2024Dilijan to be transformed into a major tourist hub
An attractive tourism environment should be created in Dilijan, said Armenian Economy Minister Gevorg Papoyan. YEREVAN, December 26. /ARKA/. An attractive tourism environment should be created in Dilijan, said Armenian Economy Minister Gevorg Papoyan. “Dilijan has historically developed as a tourism cluster, but ...
12/26/2024First President of Armenia: Artsakh lost due to Pashinyan's adventurism
Armenia's first president Levon Ter-Petrosian published a statement addressed to Prime Minister Nikol Pashinyan on his Facebook page. YEREVAN, 26 December. /ARKA/. Armenia's first president Levon Ter-Petrosian published a statement addressed to Prime ...
12/26/2024Russia allocates $68m to fund school meals programme in Armenia
Russia has allocated more than $68 million for 2024-2028 to finance the Armenian schoolchildren's nutrition programme, operating since 2010, Russian Foreign Ministry spokeswoman Maria Zakharova said. YEREVAN, 26 December. /ARKA/. Russia has allocated more than $68 million for 2024-2028 to finance the Armenian schoolchildren's ...
12/26/2024Mandate of OSCE Minsk Group co-chairs on Karabakh settlement no longer relevant: Zakharova
... of Baku and Yerevan to liquidate the relevant institutions.’ Zakharova said that the US and French co-chairs of the Minsk Group ceased communication with their Russian colleague in February 2022, and did so proactively. ‘Communication ceased with Armenia's recognition of Nagorno-Karabakh as an integral part of Azerbaijan following the outcome of the Armenia-Azerbaijan-EU-France summit on 6 October 2022 in Prague and the drastic change of the situation on the ground in September 2023,’ Zakharova ...
12/25/2024VTB (Armenia) supports the concert of jazzman Levon Malkhasyan
With the support of VTB (Armenia), a concert was held in honor of the 80th anniversary of Levon Malkhasyan, an Honored Artist of the country. YEREVAN, December 25. /ARKA/. With the support of VTB (Armenia), a concert was held in honor of the 80th anniversary of Levon Malkhasyan,...
12/25/2024Armenia's work in the CIS benefits both sides: Peskov
Armenia's involvement in the CIS is mutually beneficial, bringing advantages both to the country and to the union. YEREVAN, December 25. /ARKA/. Armenia's involvement in the CIS is mutually beneficial, bringing advantages both to the country and to ...
12/25/2024Armenia short of 200 billion drams in tax revenues in 2024 - Finance Ministry head
During a press conference on the results of 2024, Armenian Finance Minister Vahe Hovhannisyan stated that the inability to implement capital expenditures was due to a shortfall of 200 billion drams in tax revenues. YEREVAN, December 25. /ARKA/. During a press conference on the results of 2024, ...
12/25/2024Armenia's foreign trade turnover jumps 54% to $28.2 billion
According to current statistics, Armenia's foreign trade turnover in January-November 2024 amounted to $28,179.6 million, which is 54% higher than the figure for the same period in 2023, the National Statistical Committee of Armenia reports. YEREVAN, December 25. /ARKA/. According ...
12/25/2024Ardshinbank Finances the Construction of an Innovative Greenhouse Facility
A new greenhouse complex has been launched with the financing of Ardshinbank and the subsidy of the Government of Armenia. YEREVAN, December 25. /ARKA/. A new greenhouse complex has been launched with the financing of Ardshinbank and the subsidy of the Government of Armenia. The opening of the first phase of the Nouveau Village project took place on December ...
12/25/2024Electricity generation in Armenia increases by 4.5% in 11 months
According to operational statistics, electricity production in Armenia increased by 4.5% in January-November 2024 compared to the same period in 2023, as reported by the National Statistical Committee of Armenia. YEREVAN, December 25. /ARKA/. According to operational statistics, electricity production in Armenia ...
12/25/2024Consumer prices in Armenia increase by 0.2% in 11 months
According to preliminary data, consumer prices in Armenia increased by 0.2% in January-November 2024 compared to the same period last year, according to a report from the National Statistical Committee (NSC) of Armenia. YEREVAN, December 25. /ARKA/. According to preliminary data, consumer prices ...
12/25/2024Armenia's economic activity growth slowed to 7.4% in first 11 months of 2024
According to preliminary data, Armenia's economic activity indicator for January-November 2024 registered a 7.4% increase compared to the same period in 2023, as reported by the National Statistical Committee of Armenia. YEREVAN, December 25. /ARKA/. According to preliminary ...
12/25/2024Several petrol stations in Armenia fined 220 million drams for selling low-quality fuel
The Commission for the Protection of Competition (CPC) of Armenia has imposed a fine of 220.4 million drams on five companies and one individual entrepreneur for selling gasoline that does not meet required standards. YEREVAN, December 25. /ARKA/. The Commission for the Protection of Competition (CPC) of ...
12/25/2024State department responds to Aliyev's claims of U.S. arming Yerevan
Official Washington has responded to the Azerbaijani president’s accusations regarding the arming of Armenia. YEREVAN, December 25. /ARKA/. Official Washington has responded to the Azerbaijani president’s accusations regarding the arming of Armenia. The State Department told Radio “Azatutyun” that U.S. security assistance to both Armenia and ...
12/25/2024New system for assessing insecurity being developed in Armenia
A new system for assessing insecurity is being developed in Armenia, which is one of the key institutional reforms of the Ministry of Labor and Social Affairs, said the head of the department, Narek Mkrtchyan. YEREVAN, December 25. /ARKA/. A new system for assessing insecurity is being developed in Armenia,...
12/25/2024Deputy Mayor: raising the price of parking on ‘red lines’ in Yerevan helped avoid ‘shameful situation’
... are marked by red lines. The city is divided into zones. For example, zone A covers the downtown- in total about 40 streets and avenues, where parking is more expensive. Grigor Iskandaryan, a member of the Council of Elders from the opposition Mother Armenia faction, recalled today that recently the Administrative Court had invalidated the increase of parking prices, but the Municipality continues to charge for car parking. He also noted that contrary to the position of the city authorities, the increase ...
12/24/2024Armenian Ministry of Internal Affairs withdraws mass video surveillance installation project
Armenian Ministry of Internal Affairs has withdrawn the draft law on the installation of video surveillance systems by business entities on their premises. YEREVAN, December 24. /ARKA/. Armenian Ministry of Internal Affairs has withdrawn the draft ...
12/24/2024Armenian banking system profit in 2024 to exceed 300 billion drams
The profit of Armenia's banking system in 2024 will exceed 300 billion drams, said Martin Galstyan, Chairman of the Central Bank of Armenia. YEREVAN, December 24. /ARKA/. The profit of Armenia's banking system in 2024 will exceed 300 billion drams, said Martin ...
12/24/2024Armenia and US discuss direct flights and “Crossroads of Peace” project
The new Minister of Territorial Administration and Infrastructure, David Khudatyan, and the US Ambassador to Armenia, Kristina Kvien discussed the implementation of joint Armenian-American programs. YEREVAN, December 24. /ARKA/. The new Minister of Territorial Administration and Infrastructure, David Khudatyan, and the US Ambassador to Armenia, Kristina ...
12/24/2024Iran ratifies free trade agreement with EAEU
... well as authorization for the exchange of documents. Iran and EAEU reached a preferential trade agreement in 2018, which came into effect on October 27, 2019. The union previously signed an interim agreement on free trade with Iran on March 14, 2022. Armenian parliament ratified the agreement earlier this year. The volume of trade between Iran and the EAEU increased by 11% in the first nine months of 2024 compared to the same period last year. The EAEU is an intergovernmental economic association ...
12/24/2024More than 4 thousand foreigners granted temporary residence right in Armenia in 2024
Some 5,410 foreigners applied for temporary residence status in Armenia in 2024 and 4,280 of them received it, Aram Melkonyan, a a senior official from the Migration and Citizenship Service, told a press conference today. YEREVAN, 23 December. /ARKA/. Some 5,410 foreigners applied for temporary residence status ...
12/23/2024More than 20 thousand people applied for Armenian citizenship in 2024
Some 20,703 people have applied for Armenian citizenship in 2024, while another 4,034 people have applied for its termination, Migration and Citizenship Service reported. YEREVAN, 23 December. /ARKA/. Some 20,703 people have applied for Armenian citizenship in 2024, while another 4,...
12/23/2024From a small family dream to a large business: Danielyan sweets (video)
... brands produces various cakes and pastries, high quality bakery products and sweets. Danielyan's production and sales outlets are located in Spitak, Vanadzor, Artik and Yerevan. The production partner of the company is Acba Leasing, the leader of the Armenian leasing market. With its support the company was enriched with equipment for automation of baking processes of bread, bakery and confectionery products, as well as refrigeration equipment, production cookers and ovens. ‘The base of all our ...
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