Team Telecom Armenia develops Be Free package

 Tuesday, May 7 2024 11:48:00
Team Telecom Armenia develops Be Free package

ArmInfo. Team Telecom Armenia has developed a new Be Free package, which provides the opportunity to  unlimitedly use major video platforms without consuming Internet traffic.  According to the company's press service, this offer covers applications such as YouTube, Netflix, Snapchat, TikTok and other top platforms.

Hayk Yesayan: Team always has and will have innovative solutions
 Friday, March 10 2023 18:54

ArmInfo.This year, Team Telecom Armenia telecommunications company participated in the DigiTec technology exhibition presenting to the public a group of companies (Team Telecom Armenia, Team Pay, Team Solutions, Team Systems and buy.am), which are developing innovative solutions.

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Team Telecom Armenia is first among Armenia`s telecom operators to  provide access to 5G network
 Friday, March 10 2023 16:34

ArmInfo.Today, Team Telecom Armenia gets the opportunity to deploy the fifth generation 5G network. Hayk Yesayan, CEO of the Team Telecom Armenia telecommunications company, aid in a briefing with journalists on the sidelines of the DigiTec 2023 exhibition.

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Vahan Kerobyan: Armenian companies do not fully exploit opportunities  in innovative terms
 Friday, March 10 2023 15:25

ArmInfo. The field of technology is supposed to be innovative, and when we try to see how much research work is done and implemented in the business sector of Armenia, we understand that it is a very small percentage. Armenian Minister of Economy Vahan Kerobyan stated this during his speech at the DigiTec technological exhibition-forum.

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American SADA to contribute to digitalization of Armenian education  system
 Thursday, March 9 2023 19:53

ArmInfo.The Ministry of Economy, the Ministry of High-Tech Industry and the Ministry of Education, Science, Culture and Sports of Armenia will sign a Memorandum of Cooperation with one of the leading business and technology service providers, the American SADA technology company.

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Hexact, fast-growing Armenian founded startup featured on StartEngine
 Friday, March 3 2023 20:14

ArmInfo. Hexact has recently launched a public offering campaign on StartEngine, becoming the first Armenian founded  company to be featured on this platform. This is a significant milestone for the company, and it presents a unique opportunity for  investors to be part of this fast-growing automation movement.  

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With support of Team Telecom Armenia, Yerevan to host DigiTec  technological exhibition 
 Friday, March 3 2023 15:57

ArmInfo. With the support of Team Telecom Armenia, Yerevan will host DigiTec, the largest technological exhibition in the region, from March 10 to March 12.

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Ralph Yirikian appointed Ucom CEO
 Thursday, March 2 2023 12:21

ArmInfo. On March 1, 2023, the Board of Directors of Ucom CJSC announced a CEO transition. Ara Khachatryan, the current  CEO of Ucom CJSC, and the Board have mutually agreed  upon transition of his executive functions, while continuing to support the Company.  Ralph Yirikian has been appointed new Chief Executive Officer of Ucom CJSC.

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French IT companies get acquainted with possible sectoral areas of  cooperation with Armenia
 Monday, February 27 2023 18:54

ArmInfo.Deputy Minister of High-Tech Industry of Armenia David Sahakyan introduced the French  entrepreneurs, who expressed a desire to invest in the Armenian market, the economic potential of Armenia, the directions and  prospects of the Armenian-French cooperation in the high-tech sector.

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Armenian companies present their achievements at IDEX 2023
 Tuesday, February 21 2023 12:13

ArmInfo. Eighteen Armenian companies have presented their achievements at the 16th international exhibition IDEX 2023 at the Abu Dhabi National Exhibition Centre  (ADNEC). 

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Armenia, Czech Republic to expand high-tech cooperation  
 Thursday, February 9 2023 11:40

ArmInfo. At their meeting, Armenia's Minister of High-Tech Industry Robert Khachatryan and Czech Ambassador to Armenia Petr Piruncik stated the readiness of Armenia and of the Czech Republic to expand the bilateral cooperation in high  technologies. 

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Armenia`s IT sector records growth of over 50% in 2022
 Friday, February 3 2023 13:55

ArmInfo.The development of digital economy has remained one of the top priorities for Armenia, Armenia's Premier Nikol Pashinyan stated at the Digital Almaty:  digital partnership in new reality.  

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60 Armenian IT companies among Armenia`s 1,000 major taxpayers 
 Monday, January 30 2023 12:31

ArmInfo. By the end of 2022, 60 large Armenian IT companies were among Armenia's 1,000 major taxpayers, Armenia's Ministry of High Tech Industry reports. 

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Armenia`s minister of economy meets with BostonGene company reps 
 Monday, January 30 2023 12:30

ArmInfo.Armenia's Minister of Economy Vahan Kerobyan held a meeting with representatives of the BostonGene IT company. 

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Armenia`s IT sector rapidly developing - reps 
 Wednesday, January 25 2023 15:37

ArmInfo. A great number of experts were involved in Armenia's IT sector last year, which facilitated the sector's development, Alexander Yesayan, President of  the Union of Advanced Technology Enterprises (UATE), told reporters  on Wednesday.

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Robert Khachatryan: receiving station and satellite control center to  be put into operation during 2023
 Thursday, January 5 2023 18:03

ArmInfo.The receiving station and the Satellite Control Center will be commissioned during 2023. Minister of high-tech industry Robert Khachatryan told  journalists about this during a briefing. In this regard, he stressed  that in 2022 it was not possible to complete the installation work.

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First stage of work under "Engineering City" program has been  successfully completed
 Friday, December 23 2022 18:47

ArmInfo.The first stage of work within the framework of the "Engineering City" program has been successfully completed. Stepan Margaryan, director of the Program  Management Office of the Office of the RA Deputy Prime Minister,  stated this.  

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Armenia, Netherlands discuss new opportunities for cooperation in  technological field
 Friday, December 23 2022 15:31

ArmInfo.Armenia and the Netherlands discussed new opportunities for cooperation in the technological field and the implementation of agreements within the  framework of cooperation in this direction. This was reported by the  press service of the Ministry of High- Tech Industry, referring to  the results of the meeting between head of the department Robert  Khachatryan and Ambassador Extraordinary and Plenipotentiary of the  Kingdom of the Netherlands to Armenia Nicholas Schermers.

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Babken Tunyan: IT tax benefits are expenses that fall on the  shoulders of other taxpayers
 Friday, December 16 2022 17:13

ArmInfo.Tax benefits provided to the IT sector are nothing more than expenses that fall on the shoulders of other taxpayers. This was stated from the rostrum of  the Parliament during an extraordinary meeting on December 16 by  Chairman of the Standing Committee on Economic Affairs  Babken Tunyan  during the discussion of the bill on the extension of the tax  benefits for the IT sector.

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Team Telecom Armenia announces special offer ahead of New Year
 Wednesday, December 14 2022 18:25

ArmInfo. On the eve of the New Year holidays, Team Telecom Armenia announced a special offer that will allow you to present a New Year miracle to your loved ones.

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Hakob Arshakyan: Despite advanced growth of high technologies,  level  of their use remains at  low level
 Friday, December 9 2022 16:26

ArmInfo.The high-tech sector continues to confidently occupy a leading position as the  fastest growing sector of the Armenian economy. Vice Speaker of the  Armenian Parliament Hakob Arshakyan stated this during the Silicon  Mountains forum on December 9.

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News
Double increase in turnover tax rate will stimulate transition to  common taxation system: Deputy MinisterDouble increase in turnover tax rate will stimulate transition to  common taxation system: Deputy Minister
Rocket Line - now for 60 months: Idram and IDBankRocket Line - now for 60 months: Idram and IDBank
Rising prices for services, going into shadows and closing businesses  - incomplete list of Rising prices for services, going into shadows and closing businesses  - incomplete list of "expectations" from revision of turnover tax  rate from SME Cooperation Association President
Liability for misrepresented information is proposed in ArmeniaLiability for misrepresented information is proposed in Armenia
Government proposes to make changes to car trade system within  Government proposes to make changes to car trade system within  "Trade-in" program
Armswissbank attracts us$ 10 million loan package from EBRD to support competitiveness and green transitionArmswissbank attracts us$ 10 million loan package from EBRD to support competitiveness and green transition
Armenian lawyers unwilling to pay taxes on universal basisArmenian lawyers unwilling to pay taxes on universal basis
EU Commissioner: EU will continue to contribute to economic  development of ArmeniaEU Commissioner: EU will continue to contribute to economic  development of Armenia
PM discusses opportunities for diversifying Armenian economy with WB,  IFC management PM discusses opportunities for diversifying Armenian economy with WB,  IFC management 
EBRD President considers programs implemented by Bank useful for  development of private sector in ArmeniaEBRD President considers programs implemented by Bank useful for  development of private sector in Armenia
EBRD lends up to US$ 10 million to Armeconombank for MSME on-lendingEBRD lends up to US$ 10 million to Armeconombank for MSME on-lending
Armenia benefits greatly from influx of capital and IT specialists -  EBRD chief economistArmenia benefits greatly from influx of capital and IT specialists -  EBRD chief economist
Finance Ministry, French Development Agency sign cooperation  agreement for 2024-2027Finance Ministry, French Development Agency sign cooperation  agreement for 2024-2027
Idram Junior and Koreez signed a memorandum of cooperationIdram Junior and Koreez signed a memorandum of cooperation
During the 33rd EBRD Business Forum, Ardshinbank hosted a panel discussion on economic and trade sanctions.During the 33rd EBRD Business Forum, Ardshinbank hosted a panel discussion on economic and trade sanctions.
Government to allocate additional AMD 3 billion to finance state  order for healthcareGovernment to allocate additional AMD 3 billion to finance state  order for healthcare
EBRD provides $10 million loan to ArmSwissBan to support  competitiveness and green transition of MSMEsEBRD provides $10 million loan to ArmSwissBan to support  competitiveness and green transition of MSMEs
Pankin: Armenia`s suspension of CSTO funding isn`t tragedyPankin: Armenia`s suspension of CSTO funding isn`t tragedy
Armenian government approves program for providing housing to  families from Artsakh; expenses estimated at  AMD 10-12 billion Armenian government approves program for providing housing to  families from Artsakh; expenses estimated at  AMD 10-12 billion 
EBRD Governors re-elect President Odile Renaud-Basso for second termEBRD Governors re-elect President Odile Renaud-Basso for second term
EBRD, USAID to develop transport infrastructure of Armenia,  Azerbaijan, Georgia EBRD, USAID to develop transport infrastructure of Armenia,  Azerbaijan, Georgia 
No specific dates for the entry into force of the law on compulsory  life insurance for tourists visiting Georgia - RA MFANo specific dates for the entry into force of the law on compulsory  life insurance for tourists visiting Georgia - RA MFA
Pashinyan: all those who have the necessary skills, abilities and  desire can make a profit in ArmeniaPashinyan: all those who have the necessary skills, abilities and  desire can make a profit in Armenia
Odile Renaud-Basso: Armenian economy continues to grow despite  numerous negative factorsOdile Renaud-Basso: Armenian economy continues to grow despite  numerous negative factors
Minister of Territorial Administration and Infrastructures refrains  from specifying North-South Road Corridor Investment Program`s  implementation costs and deadlines Minister of Territorial Administration and Infrastructures refrains  from specifying North-South Road Corridor Investment Program`s  implementation costs and deadlines 
EBRD improves Armenia`s GDP growth forecast for 2024 from previous  4.5% to updated 6.2%EBRD improves Armenia`s GDP growth forecast for 2024 from previous  4.5% to updated 6.2%
EBRD promises unprecedented investments in Armenian economyEBRD promises unprecedented investments in Armenian economy
FMO provided Ardshinbank with a guarantee for a credit portfolio of 20 million US dollarsFMO provided Ardshinbank with a guarantee for a credit portfolio of 20 million US dollars
Lending for construction of southern section of Sisian-Kajaran road  will be largest program ever implemented by EBRD in Armenia - Bank  President Lending for construction of southern section of Sisian-Kajaran road  will be largest program ever implemented by EBRD in Armenia - Bank  President 
French Development Agency, Armenian government to expand cooperation  areas and programs` scope French Development Agency, Armenian government to expand cooperation  areas and programs` scope 
The Power of One Dram Sums up the Two-Year Program with Teach for ArmeniaThe Power of One Dram Sums up the Two-Year Program with Teach for Armenia
Noubar Afeyan willing to use his potential to strengthen Armenia Noubar Afeyan willing to use his potential to strengthen Armenia 
Ministry of Economy of Armenia denies that growth in agricultural  exports is due to re-exportsMinistry of Economy of Armenia denies that growth in agricultural  exports is due to re-exports
Finance Minister: Armenia`s GDP generation growth potential increased  from 4-4.5% to 5.5-6%Finance Minister: Armenia`s GDP generation growth potential increased  from 4-4.5% to 5.5-6%
EBRD funds customs and logistics centre in SyunikEBRD funds customs and logistics centre in Syunik
Grigori Zakaryan: “Capital markets have a crucial for economic development.”Grigori Zakaryan: “Capital markets have a crucial for economic development.”
Ambassador of Kazakhstan: priorities for development of Eurasian integration proposed by Armenia will allow us to intensify mutually  beneficial cooperation within EAEUAmbassador of Kazakhstan: priorities for development of Eurasian integration proposed by Armenia will allow us to intensify mutually  beneficial cooperation within EAEU
EBRD and the European Union are joining forces with Acba bank to boost the availability of funding for Armenian MSMEsEBRD and the European Union are joining forces with Acba bank to boost the availability of funding for Armenian MSMEs
Thanos Arvanitis: The time has come for Armenia to accelerate reformsThanos Arvanitis: The time has come for Armenia to accelerate reforms
Armenia to host 33rd EBRD Business Forum with flagship sponsorship of ArdshinbankArmenia to host 33rd EBRD Business Forum with flagship sponsorship of Ardshinbank
EAEU economic operators will become more recognizable when carrying  out foreign economic activitiesEAEU economic operators will become more recognizable when carrying  out foreign economic activities
Martin Galstyan: If background is favorable, reduction in key rate  will result in lending rates decreaseMartin Galstyan: If background is favorable, reduction in key rate  will result in lending rates decrease
About 75% of Armenia`s exports are precious metals and stones, which  speaks of vulnerability of Armenia`s economyAbout 75% of Armenia`s exports are precious metals and stones, which  speaks of vulnerability of Armenia`s economy
92% tax revenues recorded in Armenia in 1st quarter of 2024 92% tax revenues recorded in Armenia in 1st quarter of 2024 
IDBank issues the 2nd tranche of dollar bonds of 2024IDBank issues the 2nd tranche of dollar bonds of 2024
Armenia to be next country to host ACE programArmenia to be next country to host ACE program
Armenia agrees to EBRD expansion Armenia agrees to EBRD expansion 
Alkis  Drakinos : It is necessary to first pick the low hanging fruit  to ensure developmentAlkis  Drakinos : It is necessary to first pick the low hanging fruit  to ensure development
CBA Governor: Overheating of prices in Armenian real estate market  may have ranged from 20-30%CBA Governor: Overheating of prices in Armenian real estate market  may have ranged from 20-30%
Government writes off 469 financial obligations of Artsakh citizens  on loans secured by goldGovernment writes off 469 financial obligations of Artsakh citizens  on loans secured by gold
Food products, services cause of 0.8% inflation in Jan-Apr 2024 Food products, services cause of 0.8% inflation in Jan-Apr 2024 
Armenia`s Deputy Premier receives IMF delegationArmenia`s Deputy Premier receives IMF delegation
Armenian Economy Minister travels to USA on week-long working visitArmenian Economy Minister travels to USA on week-long working visit
Armenia is trapped in Armenia is trapped in "Dutch disease" - economist
“By Your Side”: IDBank`s new support program for displaced Artsakh citizens“By Your Side”: IDBank`s new support program for displaced Artsakh citizens
Team Telecom Armenia develops Be Free packageTeam Telecom Armenia develops Be Free package
Armenia scares with its high prices: Economist sounds alarm due to  reduction in exports of servicesArmenia scares with its high prices: Economist sounds alarm due to  reduction in exports of services
Large crayfish farming complex to be built in Shirak: volume of  investments totals AMD 300 millionLarge crayfish farming complex to be built in Shirak: volume of  investments totals AMD 300 million
Eurowings launches Berlin-Yerevan-Berlin flightsEurowings launches Berlin-Yerevan-Berlin flights
Russia bans sugar exports; 28 thousand tons allowed to be exported to  ArmeniaRussia bans sugar exports; 28 thousand tons allowed to be exported to  Armenia
Read more


Exchange rates
17.05.2024
RUB4.26-0.01
USD387.60-0.49
EUR420.12-1.81
GBP490.31-1.36
CAD284.16-0.61
JPY24.87-0.22
CNY53.63-0.14
CHF426.22-3.84


Experts
Expert: When there is no trust between private and public sectors,  unfortunately, there is no need to talk about right decisionsExpert: When there is no trust between private and public sectors,  unfortunately, there is no need to talk about right decisions
Expert on Armenia`s international trade growth against Expert on Armenia`s international trade growth against "miserable  trade pattern"  
Expert: Armenia should use Georgian, Turkish transit opportunitiesExpert: Armenia should use Georgian, Turkish transit opportunities
Read more

Commented
Yerevan is trying to demonstrate to its Anglo-Saxon `bosses` its  readiness to reduce economic cooperation with Iran - political  scientistYerevan is trying to demonstrate to its Anglo-Saxon `bosses` its  readiness to reduce economic cooperation with Iran - political  scientist
Gevorg Mantashyan: High-Tech Ministry makes consistent efforts for  emergence and progress of startups in ArmeniaGevorg Mantashyan: High-Tech Ministry makes consistent efforts for  emergence and progress of startups in Armenia
Bank of Georgia announces proposed acquisition of Ameriabank for  $303.6 millionBank of Georgia announces proposed acquisition of Ameriabank for  $303.6 million

Company bonds
UCO CJSC "GLOBAL CREDIT"1
UCO CJSC "GLOBAL CREDIT"3
UCO CJSC "GLOBAL CREDIT"4
UCO CJSC "GLOBAL CREDIT"5
UCO CJSC "GLOBAL CREDIT"7
"National Mortgage Company"2A
"National Mortgage Company"2B
UCO CJSC “FINCA” 1
UCO CJSC “FINCA” 2