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News line / By Category - Business
 

EU removes two Iranian oil companies from its sanctions list

EU removes two Iranian oil companies from its sanctions listThe court at the same time declined to remove two other companies, Petropars Iran Co and Petropars Oilfields Services Co, from the list The European Union has removed two Iranian oil companies from its sanctions list, the first such action since Iran reached a nuclear agreement with world powers earlier this month, a notice from the British finance ministry said on Friday, July 31, according to Energy Voice.
Date Added: Thursday August 06, 2015 19:57:29

Franck Muller CEO to invest $10mln in business projects in Gyumri

Franck Muller CEO to invest $10mln in business projects in GyumriSwiss-Armenian businessman, Franck Muller CEO Vartan Sirmakes offered to invest $10 million in Gyumri, Armenia, to create an organization financing all the small and medium businesses that entrepreneurs of Shirak province will introduce, Armenian Prime Minister Hovik Abrahamyan said.
Date Added: Thursday August 06, 2015 19:56:29

WB approves $40mln loan for rural road improvement in Armenia

WB approves $40mln loan for rural road improvement in ArmeniaThe World Bank Board of Executive Directors approved a $40 million loan for the Additional Financing of the Lifeline Road Network Improvement Project (LRNIP) for Armenia.
Date Added: Tuesday August 04, 2015 15:37:22

Nagorno Karabakh black caviar to hit markets in 5 years

Nagorno Karabakh black caviar to hit markets in 5 yearsWeeks ago, Golden Fish sturgeon farm for black caviar production was launched in Mataghis village of Martakert area of the Nagorno Karabakh (Artsakh) Republic.
Date Added: Tuesday August 04, 2015 15:22:09

Armenia, UN sign Development Assistance Framework 2016-2020

Armenia, UN sign Development Assistance Framework 2016-2020Armenia-UN Development Assistance Framework (2016-2020) with a budget of $119 million was signed by Armenian Prime Minister Hovik Abrahamyan and UN Resident Coordinator and UNDP Resident Representative for Armenia, Bradley Busetto, on Friday, July 31.
Date Added: Tuesday August 04, 2015 15:14:41

EDB loans $150 M to Armenia for North-South Motor Road construction

EDB loans $150 M to Armenia for North-South Motor Road constructionEurasian Development Bank's Anti-crisis Fund will lend $150 million to Armenia for construction of North-South motor road, Dmitry Pankin, chairman of the bank's board, said at an online conference, ARKA reports.
Date Added: Wednesday March 11, 2015 13:47:42

Starbucks makes PR misfire, apologizes to U.S. Armenians

Starbucks makes PR misfire, apologizes to U.S. ArmeniansAn attempt by U.S. coffee giant Starbucks to appeal to Los Angeles' sizable Armenian population has backfired after its coffee shops displayed posters depicting women dressed in traditional Armenian garb under the crescent and star of the Turkish flag, RFE/RL reports.
Date Added: Monday February 23, 2015 07:13:10

IMF cuts forecast for global economic growth

IMF cuts forecast for global economic growthThe International Monetary Fund (IMF) has lowered its forecast for global economic growth for this year and next, BBC News reports.
Date Added: Tuesday January 20, 2015 11:24:17

OPEC cannot protect world oil prices: UAE

OPEC cannot protect world oil prices: UAEOPEC cannot protect world oil prices which have plunged since June, the United Arab Emirates said on Tuesday, Jan 13, arguing that rising North American shale oil output needed to be curbed, AFP reports.
Date Added: Wednesday January 14, 2015 08:57:13

World Bank downsizes global growth forecast

World Bank downsizes global growth forecastThe World Bank has cut its global growth forecast, warning the U.S. alone cannot drive an economic recovery, BBC News reports.
Date Added: Wednesday January 14, 2015 08:54:07

Hungarian trading house opens in Armenian capital

Hungarian trading house opens in Armenian capitalA Hungarian trading house has been opened in Yerevan, the capital of Armenia, the state-owned Hungarian National Trading House Company (MNKH) announced today, Sept 26, according to Budapest Business Journal.
Date Added: Monday September 29, 2014 08:05:30

Air Armenia to resume flights as Russian debt problems settled

Air Armenia to resume flights as Russian debt problems settledAir Armenia’s Russian representation issued necessary payments to the Russian Federal Air Transport Agency (Rosaviation) to continue operating flights.
Date Added: Monday September 22, 2014 10:52:36

Official refuses comment on Eurasian Economic Union accession delay

Official refuses comment on Eurasian Economic Union accession delayArmenia’s Minister of Economy Karen Chshmarityan refused to comment whether Armenia will sign an agreement on accession to the Eurasian Economic Union, Tert.am reported.
Date Added: Friday June 27, 2014 08:20:34

Armenia's Customs Union accession roadmap to be confirmed Dec 19

Armenia's Customs Union accession roadmap to be confirmed Dec 19Armenia will be ready to sign the Customs Union accession roadmap by February 2014, Deputy Foreign Minister said.
Date Added: Tuesday November 19, 2013 11:03:41

Armenia ranked 37th in WB Doing Business 2014 report

Armenia ranked 37th in WB Doing Business 2014 reportA new World Bank Group report was issued, showing that the pace of regulatory reform in Europe and Central Asia remains strong, with 19 economies implementing 65 reforms to improve business regulation in the past year.
Date Added: Tuesday October 29, 2013 20:27:56


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