ArmInfo.In Armenia's foreign trade, the UAE pushed China out of the 2nd place in terms of exports, and the USA is trying to overtake China in terms of imports. But Russia continues to lead in foreign trade turnover with Armenia with a coverage of over 35%, and the milestone of 49.6% has already been reached in exports alone, according to the data of the RA Statistical Committee for January-October 2023.
ArmInfo. Armenia's gross international reserves (GIR) since October have fallen from their historical high of $4.2 billion in the previous two months. Thus, the GIR having decreased by 8.5% or $353 million in October 2023 (versus a 3% decline in October 2022), amounted to $3.813 billion. In parallel with this, a y-o-y growth slowed down - from 13.5% to 5% (or by $179.7 million in October 2023 compared to October 2022).
ArmInfo.By the decision of the "Telcell" company’s board of directors, Artyom Ghazaryan was appointed CEO of the company. Prior to this, he held the position of Commercial Director of the company.
ArmInfo.By the decision of the "Telcell" company’s board of directors, Artyom Ghazaryan was appointed CEO of the company. Prior to this, he held the position of Commercial Director of the company.
ArmInfo. Small and medium-sized enterprises led by women in Armenia are set to benefit from greater access to finance as the European Bank for Reconstruction and Development (EBRD) extends fresh funds to Acba Bank, supported by the European Union (EU) and Sweden. This is stated in the EBRD press release.
ArmInfo. Small and medium-sized enterprises led by women in Armenia are set to benefit from greater access to finance as the European Bank for Reconstruction and Development (EBRD) extends fresh funds to Acba Bank, supported by the European Union (EU) and Sweden. This is stated in the EBRD press release.