ArmInfo.

ArmInfo.According to different estimates, Russia could see a 6% to 10% economic decline this year, which cannot but affect Armenia as Russia is Armenia's major trade  partner, Meri Hovsepyan, an expert at the Amberd research center told  reporters. 

ArmInfo.

ArmInfo. The situation in the international energy markets resultant from the war in Ukraine will not have any effect on the price of the Russian gas supplied to  Armenia, primarily due to the fact that Armenia is purchasing gas on  a contract basis rather than as spot purchase.

ArmInfo.

ArmInfo.IDBank and Idram have summed up the next program of “The Power of One Dram" initiative․ The entire amount of "one drams" gathered during January and February - AMD 9,808,684 was transferred to the "City of Smiles" charitable foundation.

ArmInfo.Ardshinbank has improved the conditions for granting loans secured by real estate. The loan can be obtained on the following conditions:

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo. Qatari business circles are interested in importing agricultural products,  particularly dried fruits, as well as mutton from Armenia, RA  Minister of Economy Vahan Kerobyan wrote in a Facebook post following  his meeting with Mr Khalifa Bin Jassim Al-Thani, Chairman of the  Qatar Chamber in Doha. 

ArmInfo.

ArmInfo.Winemaking advances to the mountains: at an altitude of 2080 meters above the sea level, next to Smbataberd and Tsaghats Kar, is the organic vineyard of Maran company. The Company has founded the highest vineyard in the organic world with the philosophy of preserving and balancing biodiversity.

ArmInfo. In January 2022, Armenia`s services sector recorded a 21.2% year-on-year growth against a 10.3% decline in the previous period - up to AMD 156.7bln  (over $325mln). 

ArmInfo.

ArmInfo.In January 2022, the turnover of Armenia's trade sector totaled AMD 230.8bln ($479mln) - an 11.5% increase against a 15.1% decrease last January. 

ArmInfo. At March 9 extraordinary sitting, the National Assembly debated the draft law on ratifying the Letter-Agreement on the use of Stand-by Arrangement signed on 11 January and on 18 January, 2022 between the Republic of Armenia and the International Monetary Fund (IMF).

ArmInfo. This January, the proceeds of Armenia`s communication sector totaled AMD 11.9bln - a year-on-year increase of 8.6% (against a 5.6% decline last January). 

ArmInfo.This January, the cargo traffic totaled 1.110 thousand tons - a 17.5% increase against an 0.7% decline last year.