ArmInfo. In addition to the main bank, which has expressed a desire to finance the exploitation  of the Amulsar gold mine, several other banks have also shown interest in providing additional financing for the launch of the project. Daniel Azatyan, the Chairman of the Union of Banks of Armenia (UBA), told journalists  during a press conference on February 25.

ArmInfo.The State Revenue Committee (SRC) of Armenia has released information  regarding  the  process for  reimbursing social expenses.

ArmInfo. According to the 2024 results, the loan portfolio of Armenian banks grew by 24%, reaching almost 6.4 trillion drams, an increase of  1.2 trillion drams, as stated by Daniel Azatyan, the Chairman of the Union of Banks of Armenia, during a press conference on February 25.

ArmInfo. The state is failing to address that allow large businesses to take advantage  of the preferential turnover tax system, and all this of small businesses, as stated by Arman Petrosyan, Vice President  of the SME Association, during a discussion on February 25  regarding the proposed double increase in the turnover tax rate 

ArmInfo. Unfortunately, small and medium businesses have failed to convey their concerns to the  authorities. This was stated by the President of the SME Cooperation Association Hakob Avagyan on February 25 during a discussion on the double increase in the turnover tax rate.

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ArmInfo.The rescue service of the Ministry of Internal Affairs reports that there are closed and difficult-to-pass roads in Armenia.

ArmInfo. Armenian Ambassador to Iran, Grigor Hakobyan, and Iranian Vice President for  Strategic Affairs, Mohammad Javad Zarif, discussed strategic areas of cooperation between the Republic of Armenia and the Islamic Republic of Iran during their meeting on February 24.

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ArmInfo.AMD 20.046bln will be allocated for the reconstruction of the Cascade complex by the  famous French architect Jean-Michel Wilmotte, the founder of WILMOTTE & ASSOCIES ARCHITECTES. As was announced at the working meeting of the Yerevan Municipality on February 24, the project is planned to be  completed in 5 years.

ArmInfo. The number of registered jobs in Armenia has increased by almost 6% in a year, the press service of the State Revenue Committee of Armenia reports.

ArmInfo. The rescue service of the Ministry of Internal Affairs reports that as of the morning of February 24, there are closed and impassable roads in the territory of Armenia.

ArmInfo. The EAEU may well qualify for participation in the G20, as stated by Russian Foreign Minister Sergey Lavrov during a press conference following a meeting of the G20 foreign ministers in South Africa.

ArmInfo. There are closed and difficult to pass roads in Armenia as reported by the Rescue Service of the Ministry of Internal Affairs of Armenia.

ArmInfo. Deputy Minister of  Economy of Armenia Edgar Zakaryan met with Dehghan Dehnavi, Deputy Minister of Industry, Mining and Trade of Iran and Head of the Trade Promotion Organization.  The meeting took place as part of Zakaryan's working visit to Iran to participate in the third international  exhibition "Eurasia".

ArmInfo. February 17-21, 2025, in Armenia's interbank foreign exchange market daily USD and two RUB transactions were effected, with no EUR transactions effected.  However, despite the rare appearance of ruble transactions during the week, their total volume was only slightly lower than dollar transactions. USD transactions showed a  decline from 46% to 26%,  while the RUB transactions showed a growth from 64% to 67%. The total  amount of USD transactions over RUB transactions narrowed even more  from 3 to 1.2 times.

ArmInfo.Due to an impact from an earthmoving machine, a medium-pressure underground gas pipeline  was damaged, as reported by the press service of Gazprom Armenia.

ArmInfo. In the next 3-4 years, the Armenian Stock Exchange (AMX) is expected to reach a level  comparable with European exchanges, and within 5-10 years, it will be on par  with the American markets.