Saturday, March 1 2025,

ArmInfo.On February 28, 2025, IDBank placed registered coupon bonds under the abbreviation AMANLBB2SER3 through a public offering on the following terms:

The US Embassy in Armenia welcomes the agreement between Lydian and  the Government of Armenia to restart a large-scale Amulsar mining  project
 Friday, February 28 2025,

ArmInfo.As reported by the press service of the Embassy, this program involves  investments of millions USD into the country's economy, could amount to millions of dollars, that  will create new jobs and prosperity  for the Unite  States and Armenia.  "Armenia is open for U.S. businesses, and the U.S. Embassy is proud to support as we work toward a more prosperous future," the statement reads.

Armenia`s Minister of Finance, ADB Resident Mission Country Director  signed a loan agreement  to improve healthcare quality
 Friday, February 28 2025,

ArmInfo.The Minister of Finance of Armenia, Vahe Hovhannisyan, and the Director of the Asian  Development Bank (ADB) Resident Mission in Armenia, Don Lambert, have signed a loan agreement for a program aimed at improving the quality of healthcare in the country.

Non-cash card transactions in Armenia  surpass cash ones
 Friday, February 28 2025,

ArmInfo. In the plastic card market of Armenia, cashless transactions established themselves as the dominant force in 2024, accounting for 52.3% of the total volume (compared to 51% in 2023 and 40% in 2022), totaling 3.6 trillion drams ($9.1 billion) in absolute terms. This is evidenced by data from the Central Bank of the Republic of Armenia.

Yerevan  hosts the 49th meeting of the Joint Board of Customs  Services of  EAEU  member states 
 Friday, February 28 2025,

ArmInfo.From February 26 to 28, the 49th meeting of the member states of the Joint Board of  Customs Services of the Eurasian Economic Union was held in Yerevan. Delegations from Armenia, Russia, Belarus, Kazakhstan and Kyrgyzstan participated in the meeting.

Turnover of Armenia`s IT, high-tech sector exceeds AMD 1,000bln 
 Friday, February 28 2025,

ArmInfo.The technology sector of Armenia, in terms of IT alone (software development,  computer programs, data processing, etc.), closed 2024 with a turnover of 915 billion drams. This was stated by the Minister of High-Tech Industry of Armenia Mkhitar Hayrapetyan, citing data from the State Revenue Committee, during an event dedicated to the creation of the second Formula VC venture fund.

Possible lifting of western sanctions from Russian to have negative  impact on Armenia - expert 
 Friday, February 28 2025,

ArmInfo. The growth rate of the Armenian economy in 2025 will be lower than the indicator planned  by the country's government. Economist Aghasi Tavadyan said this in an interview with an ArmInfo correspondent. 

94.4% of quotas for duty-free imports of electric cars used up 
 Friday, February 28 2025,

ArmInfo. From January 1 to February 27 inclusive, 2025, 4,718 electric vehicles were imported to  Armenia without the participation of official distributors (about 94.4% of the annual duty-free quota). This was reported by the State Revenue Committee of the Republic.

French Defense Innovation Agency interested in cooperating with  Armenia`s military industry 
 Friday, February 28 2025,

ArmInfo.The Defense Innovation Agency, subordinate to the French Ministry of Defense, is  interested in cooperation with the Military-Industrial Committee of Armenia and the Ministry of High-Tech Industry. This was stated during a meeting between Deputy Minister of High-Tech Industry of the Republic of Armenia Gevorg Mantashyan, Chairman of the Military Industry Committee Aram Jivanyan and a delegation led by Director of the French Defense Innovation Agency General Patrick Aufort.

Armenian startup ecosystem venture fund established in Armenia 
 Friday, February 28 2025,

ArmInfo.A ceremonial event was held in Yerevan yesterday to mark the creation of the second  venture fund, Formula VC. The fund's portfolio is $30 million, which will be invested in 40 startups over the next 5 years, not only in Armenia, but also in the Diaspora.

Upper Lars checkpoint open for all vehicles 
 Friday, February 28 2025,

ArmInfo. The movement of vehicles with trailers and semi-trailers has been restored on the Gudauri-Kobi section of the Mtskheta-Stepantsminda-Lars international  road. This was reported to an ArmInfo correspondent by the customs  attache of the RA Embassy in the Russian Federation Vahan Hakobyan.

Gross result of high-tech industry companies in GDP more than tripled  - Hakob Arshakyan 
 Friday, February 28 2025,

ArmInfo. On February 27, the RA NA Vice President Hakob Arshakyan participated in the official opening ceremony of the Formula VC  II  fund and gave a welcome  speech.

Upper Lars checkpoint remains closed for trucks 
 Friday, February 28 2025,

ArmInfo. The Upper Lars checkpoint has opened for passenger cars, but remains closed for heavy vehicles.

Samvel Karapetyan placed second in the top 10 Forbes rentier rating  for
 Friday, February 28 2025,

ArmInfo. Samvel Karapetyan, President of the Tashir group of companies took second place in the  Forbes rating .  According to Forbes, Tashir's rental incomer in 2024 was $685 million (in 2023 - $640 million, in 2022 - $600 million). The company has a presence in cities such as Moscow, St. Petersburg, Sochi, Yaroslavl, etc. 

New Banking, Even More Convenient: Idram&IDBank
 Thursday, February 27 2025,

ArmInfo.The Idram&IDBank app has introduced long-awaited updates designed to make online transactions and payments even more convenient. In a world where cashless payments have become essential, managing your finances is now easier than ever.

 Thursday, February 27 2025,

ArmInfo.

 Thursday, February 27 2025,

ArmInfo.

Armenia starts regulating crypto asset sector
 Thursday, February 27 2025,

ArmInfo."We are making the first attempt to regulate the crypto currency  sector. It will not be  ideal, but it is an important step," Prime Minister Nikol Pashinyan said on February 27 at a regular Cabinet meeting of the Government, after Finance Minister Vahe Hovhannisyan presented a package of bills  on amendments and additions to the law "On Crypto Assets" and a number of related laws.

Armenia`s government to provide $150mln budget guarantees to Lydian  Armenia
 Thursday, February 27 2025,

ArmInfo. The government will provide Lydian Armenia with budget guarantees of up to $150 million.  The decision was made on February 27 at a regular meeting of the Cabinet of Ministers.

Armenia planning to develop mutually beneficial economic cooperation  with Hungary 
 Thursday, February 27 2025,

ArmInfo.On February 27, the Government of Armenia approved the draft decree of the President of  the Republic of Armenia on approving the Agreement on Economic Cooperation between the Government of the Republic of Armenia and the Government of the Republic of Hungary.

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