- Armenia’s gross domestic product expanded by 9.2% in the first quarter of the year.
- India said it is ready to consider offers from Armenia on joining a key port project in Iran, just days after New Delhi and Tehran reached a new agreement to develop the project further – and after the United States warned fresh sanctions are possible.
- Armenia said the 20% internal rate of return granted to the conglomerate that runs the country’s main airport remains a key sticking point in talks over a major expansion plan.
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Bad news is piling up for Gazprom: Petrostrategies
The article was originally published in World Energy Weekly (June 16 issue), a weekly of Petrostrategies, a French think-tank specializing in energy issues. Gazprom is expecting a difficult decade despite the fact that its gas exports to the EU may possibly continue Bad news is piling up for Gazprom. Already hit hard by a historic loss in 2023, the Russian company is also facing Chinese intransigence: talks between Moscow and Beijing about the Power of Siberia 2 gas pipeline project are moving forward only with great difficulty, and a firm and final agreement this year looks unlikely at this stage. […]
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How Armenia is joining the space race
In this interview, Babken Der Grigoryan, founder and CEO of Kartes Analytica discusses Armenia’s ambitious plans to develop an advanced national space program, examining its recent landmark participation in the Artemis Accords. He analyzes the strategic and economic importance of the burgeoning Armenian space sector, as well as its implications for national security.
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HSBC Armenia sale passes key regulatory hurdle
By Mark Dovich Armenia’s antimonopoly watchdog Wednesday greenlit the sale of HSBC’s local subsidiary to the country’s largest lender, moving the deal forward. If approved, it will leave Armenia with no Western commercial banks. Ardshinbank’s acquisition of HSBC Armenia “does not lead to the restriction of competition or damage the interests of consumers,” the Competition Protection Commission said in a press release. All eyes now turn to Armenia’s Central Bank, which must also give its approval before the sale can be finalized. A timeline for that was not made immediately available. What’s the background? HSBC announced in February it would […]
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Digital transformation: How IT talent can thrive with Ameriabank
Davit Hovhannisyan, chief information officer at Ameriabank, sits down with CivilNet’s Mark Dovich to talk about his decision to repatriate to Armenia and continue his career at one of Armenia’s leading financial institutions after nearly 30 years overseas. They also discuss Ameriabank’s digital transformation and the need to improve human resource processes in Armenia’s burgeoning IT sector.
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The big fights at Armenia’s parliament
In this week’s episode of Insights, host Eric Hacopian covers the violence in the ongoing “Tavush for the homeland” movement, touches up on the ongoing case against former economy minister Vahan Kerobyan, and finally, examines Aliyev’s most recent frivolous demands toward Armenia.
