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Economy

Erdogan to attend Kazan BRICS Summit
21:42, Wednesday, 04 September, 2024
Turkish President Recep Tayyip Erdogan will attend the BRICS Summit in Kazan, the Haberturk TV channel reported citing sources in the Turkish ...
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Key Insights from the Latest Public Financial Management Assessment Report
12:18, Thursday, 29 August, 2024
Recently, Armenia underwent its third Public Expenditure and Financial Accountability (PEFA) assessment, marking a decade since the last evaluation ...
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US sanctions nearly 400 entities in Russia, outside
20:42, Friday, 23 August, 2024
The US Treasury Department and the State Department targeted Friday nearly 400 individuals and entities both in Russia and outside its borders whose ...
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IDBank continues the "By Your Side" Program
15:54, Monday, 22 July, 2024
It has been 3 months since IDBank's "By Your Side" program was launched, especially for our compatriots forcibly displaced from Artsakh. IDBank ...
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Russia’s war of aggression against Ukraine: Council renews economic sanctions for a further 6 months
14:36, Monday, 22 July, 2024
The Council today renewed the EU restrictive measures in view of the Russian Federation's continuing actions destabilising the situation in Ukraine ...
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More than 21,000 points of sale accept payment via Idram 
15:18, Wednesday, 10 July, 2024
Not only making payments, but also accepting payments via Idram has long been a must-have. Contactless, secure, fast and with a number of ...
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Letter to US attorney general Merrick Garland
11:54, Tuesday, 09 July, 2024
Letter to US Attorney General Merrick Garland, California Governor Gavin Newsom, California Attorney General Rob Bonta, and Los Angeles Attorney ...
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"Bonds". new section in AVAND.am
16:54, Monday, 08 July, 2024
From now on, a new section “Bonds” is available on the financial and banking website AVAND.am. In this section, site visitors can get ...
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Konstantin Tserazov: Armenia: Laying the Ground for the Fintech Leap Forward
17:48, Monday, 01 July, 2024
Armenia is making significant strides in implementing cloud technology. On June 14, the Armenian government approved a project to develop and deploy ...
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EU adopts 14th package of sanctions against Russia
12:30, Monday, 24 June, 2024
The Commission welcomes the Council's adoption of a 14th package of sanctions against Russia. The new package responds to the needs and findings on ...
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Russia overtook US as gas supplier to Europe in May
01:06, Monday, 17 June, 2024
In May, gas imports from Russia to Europe exceeded supplies from the US for the first time in almost two years, despite attempts by European ...
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Armenia FinTech Can Unlock the Truly Potential of Economy and Finance
14:18, Thursday, 13 June, 2024
The key issue for foreign investors is the opportunity to invest capital and repatriate profits. The free flow of capital is equally important when ...
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Moscow stock exchange stops trading in dollars and euros
10:30, Thursday, 13 June, 2024
The Moscow stock exchange announced on Wednesday that it will stop trading dollars and euros from Thursday, June 13. The announcement came on the ...
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U.S., EU impose sanctions on Iran
09:48, Tuesday, 04 June, 2024
The United States and the EU have imposed sanctions on four Iranian entities and one individual connected to the development, manufacture, and ...
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Konstantin Tserazov: Fintech in the CIS Countries - The Competition for Talents
18:31, Monday, 03 June, 2024
Are the CIS countries on the brink of a fintech revolution or struggling to keep up with global trends? Konstantin Tserazov, a seasoned economist ...
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#FinancialTimes: Russia-China gas pipeline deal stalls over Beijing's price demands
17:24, Monday, 03 June, 2024
Russia's attempts to conclude a major gas pipeline deal with China have run aground over what Moscow sees as Beijing's unreasonable demands on price ...
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Carpisa gift card worth AMD 50.000 from IDBank
12:18, Saturday, 01 June, 2024
Do you want to receive a digital gift card from IDBank for the payments you will make during the summer? Let's see what you need to do for ...
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US will announce $275 million more in artillery and ammunition for Ukraine
20:18, Thursday, 23 May, 2024
The United States is expected to announce an additional $275 million in military aid for Ukraine on Friday as Kyiv struggles to hold off advances by ...
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Collector coin dedicated to the 100th anniversary of Charles Aznavour’s birth
10:36, Monday, 20 May, 2024
On May 20, 2024, the Central Bank of Armenia puts into circulation «100th Anniversary of Charles Aznavour’s Birth» gold collector ...
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Turkey Halts All Trade With Israel Over War in Gaza
21:48, Thursday, 02 May, 2024
Turkey stopped all trade with Israel as of Thursday, according to two Turkish officials familiar with the matter, adding to already high-running ...
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Trump advisers discuss penalties for nations that move away from the dollar. #Bloomberg
09:36, Friday, 26 April, 2024
Former President Donald Trump’s economic advisers are considering ways to actively stop nations from shifting away from using the dollar ...
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Up to 1% cashback when shopping on Wildberries with IDBank cards
09:24, Thursday, 18 April, 2024
IDBank is launching an exclusive campaign on the Wildberries for online shopping enthusiasts. Starting from April 15th of this year, shop online on ...
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Turkey imposes export restrictions on Israel until Gaza ceasefire
19:18, Tuesday, 09 April, 2024
Turkey restricted exports of a wide range of products to Israel on Tuesday until a ceasefire is declared in Gaza, in Ankara's first significant ...
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Forbes has released its list of the world's billionaires. There are more than ever before – and they're wealthier.
21:12, Tuesday, 02 April, 2024
Forbes has released its annual list of the world's billionaires and in 2024, there are more people on the list than ever – and they're richer ...
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Media: Türkiye may reduce purchases of F-16s from United States
18:48, Saturday, 30 March, 2024
Türkiye may reduce its purchase of American F-16 fighter jets due to the development of its own national combat aircraft KAAN project, Report ...
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#FoxNews: Ukraine aid surpasses $113 billion
11:30, Friday, 29 March, 2024
The United States government has spent at least $113 million on the war in Ukraine, but that total could be considered much greater due to the cost ...
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Baltimore bridge's $81 billion trade crisis
14:36, Wednesday, 27 March, 2024
Baltimore's collapsed bridge has brought the country's ninth-biggest foreign trading port to a standstill with 10 ships trapped inside. The ...
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Termination of service of MIR cards. IDBank
12:18, Tuesday, 19 March, 2024
Please be informed that due to the restrictions applied to the operator of the MIR card system, it will not be possible to ensure the full operation ...
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Global Finance Recognizes Ameriabank's Leadership in Sustainable Finance in Armenia
14:54, Monday, 11 March, 2024
Ameriabank has been named the Best Bank in Armenia in sustainable finance for 2024. This achievement marks the fourth consecutive win for Ameriabank ...
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Privileged conditions with the Business Prime package
11:36, Friday, 23 February, 2024
Business challenges are always many and diverse, regardless of the size of your business, whether it is a company with a large number of employees ...
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