ArmInfo.Ardshinbank has been awarded the title of Best Private Bank Armenia for the fourth time and The Next 100 Global Awards 2024 – Retail Banking for the second time by the well-known international financial magazine Global Banking & Finance Review. A special jury of industry analysts and experts annually selects financial organizations worldwide based on several key indicators: market share, investment opportunities, innovative solutions, international market reputation, and the volume and quality of services provided to clients.

ArmInfo. Russia values mutually beneficial multifaceted cooperation with its partners in the Eurasian Economic Union and is interested in stepping up work to strengthen the union. This was stated by Russian President Vladimir  Putin at a narrow-format meeting of the Supreme Eurasian Economic  Council on December 26.

ArmInfo. Natural gas supplies to Armenia will be temporarily suspended due to the need to carry out repair and restoration work on the territory of Georgia.  This was reported by Gazprom Armenia CJSC.

ArmInfo. The legislative initiative of the Ministry of Labor and Social Affairs of Armenia to reduce the working day to 7 hours a day (currently 8 hours) and, accordingly, from 40 to 35 hours a week, while maintaining wages, is not supported by sufficient research and scientific argumentation. At the same time, it contains many risks for the development of the economy and human capital. This is the position of the Mantashyants business club. 

ArmInfo. As of December 1 of this year, the portfolio of the program for modernization of the economy aimed at stimulating production amounted to 341 billion drams. According to the press service of the Ministry of Economy, the portfolio demonstrated a 75.7% growth over the year and a 3.3% growth over the month. 

ArmInfo. The British publication Express UK has named Armenia one of the fastest growing cultural tourism destinations.

ArmInfo.Amundi-Acba continues to make investments in various sectors of the Armenian economy.

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ArmInfo.  During his working visit to Catalonia, the Ambassador of Armenia to Spain Sos Avetisyan also met with the Director of International Cooperation of the Fomento del Trabajo Nacional trade union, Killian Garcia, and the Director of Institutional Relations and Trade Issues, Bennett Maimi.

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ArmInfo. Armenia's financial sector has the potential to play a key role in addressing the issue of food insecurity in the country. As part of this effort, Idram took part in a panel discussion titled "Improving Food Security through Financial Solutions," organized by the UN World Food Program (WFP).

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ArmInfo. In the first half of 2024, the annual growth rate of Armenian wine exports slowed down  from 17.6% to 3.6%, with a volume of 2.1 million liters. At the same time, the customs value increased by 10.1% - to $ 8.3 million. This is evidenced by the data of the Customs Service of the Republic of Armenia. 

ArmInfo. In Armenia, economic activity growth in January- November 2024 slowed to 7.4% per annum (from 14.4% in the same period of 2023). This is evidenced by preliminary data from the RA Statistical Committee, according to  which the dynamics of exports and imports also began to deteriorate.