HSBC has agreed to sell its Armenian operation to Ardshinbank as it continues to dispose of non-core businesses and tighten its global footprint, the British bank said on Tuesday (Feb 6). Read more at …
Armenian government cancels privatization of Stepanavan airport near Georgian border
An emergency situations airport, located near the town of Stepanavan in Lori province, has been removed by the Armenian government from the list of state property subject to privatization in 2017-2020 …
Fremont Announces Soil Geochemistry Results from Urasar Mineral District, Armenia
Fremont Gold Ltd. (TSXV: FRE) (OTCQB: FRERF) (FSE: FR20) (“Fremont” or the “Company”) is pleased to announce the results of the geochemical soil sample survey undertaken at its Urasar property in …
Financial system ready for sustainable development, economy financing, quality service: Central Bank Deputy Chairman
Mr. Khachatryan, what factors primarily influenced the financial system of Armenia in 2023, both positively and negatively? To what extent were the challenges addressed? Which problems do you rule out …
Azerbaijan Ilham Aliyev strongman buoyed by war victory
Azerbaijani strongman Ilham Aliyev, who will likely sail to a fifth presidential term in the 2024 presidential election, is cementing his hardline rule after securing a historic victory over Armenian …
Pashinyan Attends Reopening of Hotel That Once Housed Coronavirus Patients
Armenian PM Nikol Pashinyan today traveled to the Armenian resort town of Tzaghkadzor to attend the reopening of a hotel and spa that once served as a quarantine site for coronavirus patients.
Business as usual for EU and Azerbaijan amid Nagorno-Karabakh ‘ethnic cleansing’
EU’s ‘concern’ for ethnic Armenians comes after it signed multi-billion-euro deal with country that persecuted them …
As Podcastle raises $13.5M, its founder credits AI-driven growth in Armenia’s ‘Mini-Silicon Valley’
Podcastle, a podcasting platform that has boosted its product with various generative AI-driven features, has raised $13.5 million in a Series A funding …
Armenian government develops new law on procurement
ARMENPRESS. The Armenian government is developing a new law on procurement, Finance Minister Vahe Hovhannisyan said Thursday.
Armenia can no longer rely on Russia in military and defense issues, says PM Pashinyan
Armenia can no longer rely on Russia as its main defense and military partner, as Moscow has repeatedly failed Yerevan, Armenian PM Nikol Pashinyan said on Feb. 2, according to Reuters.