Armenian News - Tert.am

Found 285 news

  • IRGC commander says Iran will ‘certainly’ launch new attack against Israel
    Armenian News - Tert.am - 05:40 Nov 04, 2024
    A senior Islamic Revolutionary Guard Corps (IRGC) commander said on Sunday Iran will “certainly” launch a new attack against Israel, a day after Iran’s Supreme Leader Ali Khamenei vowed a harsh retaliation. “Details cannot be discussed, but it will certainly be carried out,” Ali Fadavi, the IRGC’s deputy commander in chief, was cited as saying by Iran’s semi-official ISNA news agency. ISNA said the possible attack is expected to be named “Operation Honest Promise 3,” in line with the previous missile strikes on Israel in April and October. On Saturday, Supreme Leader Khamenei said Tehran and its regional allies would deliver a “crushing response” to Israel, as well as its ally US, after Israel’s attack on the Islamic Republic last week. Israeli warplanes carried out deadly strikes on Iranian military facilities on October 26 in what Israel said was retaliation for Tehran’s October 1 missile barrage, which Iran had in turn described as a reprisal for the killing of Iran-backed militant leaders and an IRGC comm...
  • Trump Calls Catholicos Aram I, Voices Support for Artsakh Issue and Regional Peace
    Armenian News - Tert.am - 06:45 Nov 03, 2024
    Republican presidential candidate and former president Donald Trump telephoned His Holiness Aram I, Catholicos of the Great House of Cilicia on Friday and voiced his support for the Artsakh issue and the establishment of peace in the region, the Cilician Catholicosate announced in a statement on Saturday. “President Trump voiced his great appreciation to His Holiness for his leadership and expressed his full support for the issue of Artsakh and the establishment of complete peace within the region. He also warmly welcomed the Armenians of the United States as an organized, active and powerful community,” the Catholicosate said in a statement. In his turn Aram I, according to the statement, expressed his appreciation to Trump for his recent public statement in support of the rights of Artsakh Armenians, while, at the same time, emphasizing the importance of the United States’ global role, especially at this critical juncture amid global crises. According to the statement, the Catholicos voiced his expectations...
  • Ucom launches 5G network across nine Armenian cities
    Armenian News - Tert.am - 07:29 Nov 01, 2024
    Ucom announces the completion of the first phase of its 5G network rollout, now operational in nine Armenian cities: Aparan, Artik, Charentsavan, Dilijan, Gyumri, Spitak, Stepanavan, Vanadzor, and Tsaghkadzor. The 5G launch marks a significant milestone in Ucom's regional infrastructure modernization program, designed to offer faster speeds and a more reliable connection to subscribers. 5G technology enables quicker and more efficient data transmission, improving the digital experience for users. "The launch of the 5G network is a major step toward a new digital reality at the heart of our company’s vision. Our aim is to deliver the best digital experience with even faster internet and increased capacity for handling larger data volumes. We understand that 5G is more than just fast internet – it is a crucial driver that will unlock new opportunities for innovation and economic growth in Armenia," said General Director of Ucom, Ralph Yirikian. The new high-speed network is accessible to all subscribers of prep...
  • Armeconombank and the Dutch Development Bank (FMO) signed a loan agreement worth 30 million dollars
    Armenian News - Tert.am - 11:31 Oct 31, 2024
    Armeconombank, strengthening the long-term cooperation with the Dutch Development Bank (FMO), signed the 4th loan agreement worth 30 million US dollars, bringing the total value of the contracts signed with the above-mentioned partner-institution to about 70 million US dollars. This financing package will be directed to micro, small and medium enterprises, women and young entrepreneurs, as well as to the agricultural sector, contributing to the sustainable development of the country's economy. Armeconombank has been cooperating with the Dutch Development Bank since 2010, which, as a leading investor, supports the sustainable private sector in developing countries and emerging markets by investing in ambitious projects and enterprises. Since the beginning of this year, the bank has signed loan agreements with international financial companies equivalent to 66 million US dollars.  
  • Prayer service for peace in Armenia, St Pierre Cathedral
    Armenian News - Tert.am - 11:09 Oct 30, 2024
    World Council of Churches (WCC) is inviting all people of good will to join a prayer day for Armenia—for peace, for support for refugees, and the release of war hostages—on 10 November, the day before the opening of the COP29 climate talks in Azerbaijan. The WCC will organize a local prayer service in St Pierre Cathedral, Geneva on 10 November at 5pm CET in collaboration with the Armenian community.
  • China-EU trade war erupts as Beijing files WTO complaint over EV tariff hikes
    Armenian News - Tert.am - 07:10 Oct 30, 2024
    A trade war between China and the European Union was set to intensify after Beijing said it had lodged a complaint with the World Trade Organization following a move by the European Union to hike tariffs on Chinese-made electric vehicles. China’s commerce ministry on Wednesday said in a statement that it “does not agree with or accept” the EU’s decision to proceed with extra duties on the EVs after the conclusion of an anti-subsidy probe that began last year. A final ruling published by the European Commission on Tuesday stated that a top rate of 35.3 per cent would be applied to EVs from Chinese state-owned company SAIC Motor and its subsidiaries, in addition to a baseline 10 per cent duty that applies to all EV imports.
    Tags: Beijing
  • UN Security Council members urge restraint between Israel and Iran
    Armenian News - Tert.am - 09:45 Oct 29, 2024
    United Nations Security Council members urged Israel and Iran on Monday to end their spiraling cycle of tit-for-tat attacks on one another, following Israel’s retaliatory strikes against Iran. “All sides must exercise restraint. No good can come of pouring more fuel on the flames of this escalating cycle of violence,” said British Ambassador Barbara Woodward. Iran’s foreign minister requested the Security Council meet in an emergency session following an early Saturday wave of airstrikes by Israel that struck missile factories in three Iranian provinces. Council members Algeria, China and Russia supported Tehran’s request. “Now West Jerusalem is trying to involve Iran in confrontation -- Iran, which is showing unprecedented restraint under the circumstances,” Russian ambassador Vassily Nebenzia said, referring to Israel. Russia is a close ally of Iran. “It is very difficult not to have the impression that West Jerusalem is intentionally raising tensions, despite the signals from Tehran that they are ready to ...
  • Georgia: Joint Statement by the High Representative Josep Borrell and the European Commission on the Parliamentary elections
    Armenian News - Tert.am - 08:55 Oct 28, 2024
    On Saturday 26 October, Georgian citizens voted in Parliamentary elections.  The EU has been following the developments leading to the parliamentary elections closely. Over the past months, the people of Georgia have demonstrated their attachment to democratic values and their country’s EU path. According to the preliminary findings and conclusions of the International Election Observation Mission led by the OSCE Office for Democratic Institutions and Human Rights (ODIHR), “election day was generally procedurally well-organised and administered in an orderly manner but marked by a tense environment, with frequent compromises in vote secrecy and several procedural inconsistencies, as well as reports of intimidation and pressure on voters that negatively impacted public trust in the process. Reports of pressure on voters, particularly on public sector employees, remained widespread in the campaign. This, coupled with extensive tracking of voters on election day, raised concerns about the ability of some voters ...
  • Another solar power plant by Ucom and SunChild NGO installed in Vardenis
    Armenian News - Tert.am - 07:23 Oct 24, 2024
    As a result of cooperation between Ucom and the SunChild NGO, another community infrastructure development project has been carried out in Vardenis community of the Gegharkunik region. A solar power plant with a capacity of 11.6 kWh was installed on the roof of a community-owned building in Garnik Karapetyan Park in Vardenis. These solar panels are designed to cover the energy costs of the park’s lighting and other adjacent structures. Additionally, the surplus energy will be redirected to reduce the electricity costs of other community infrastructure. "Using sustainable energy sources not only allow communities to save their budgets and address more issues for their residents. It also promotes a lifestyle focused on environmental protection, care for nature, and care for one another. Ucom, as a responsible company, considers it its duty to take care of communities and the environment, and to set an example in this regard," mentioned Ralph Yirikian, General Director of Ucom. "The installation of this solar pl...
  • Gallant: ‘After we strike in Iran,’ the world will understand all of our training
    Armenian News - Tert.am - 13:01 Oct 23, 2024
    Speaking to pilots and air crews at the Hatzerim Airbase, Defense Minister Yoav Gallant says that “after we strike in Iran, everyone will understand what you did in the preparation and training process.” “Everyone who dreamed a year ago of beating us and attacking us paid a heavy price and is no longer in that dream,” he adds. Israel has said it would respond to Iran’s ballistic missile attack that occurred on October 1.
    Tags: Iran
  • Converse Bank and Kapitalbank signed a cooperation agreement at Sibos 2024
    Armenian News - Tert.am - 09:00 Oct 22, 2024
    Converse Bank "PJSC" has signed a framework agreement with the Uzbek JSCB Kapitalbank during the Sibos 2024 international conference, held in Beijing. This is an important step for both Converse Bank and its partners, representing a significant document aimed at expanding international cooperation in key areas: Financing of foreign trade transactions, and support for clients in export and import matters; Cooperation in financial markets, including joint operations in currency and money markets. With this partnership, the Bank expands its international network of partnerships, providing its clients with new opportunities for business growth and success. "Thanks to reforms, Uzbekistan’s economy is demonstrating impressive growth, attracting foreign investment and advancing key sectors. Kapitalbank is a driving force of transformation in the country and one of its market leaders. With this new collaboration, Kapitalbank becomes a strategic partner of Converse Bank, not only in Uzbekistan but across Central Asia,...
  • Armenia Hosted the Consulting Event of the Year: International CMC Conference was held with Participants from 30 Countries
    Armenian News - Tert.am - 07:47 Oct 18, 2024
    From October 7-11, for the first time the prestigious International CMC Conference was held in Armenia marking one of the most significant events for the Armenian Consulting and Business Community. More than 150 participants and consultants from 30 countries came to Armenia to discuss innovations and priorities in the Consulting. Over 30 representatives, along with 35 guests and speakers from leading Consulting firms from different countries, arrived in Armenia to become part of the international event. "The success of the Conference is obvious, and I especially emphasize the importance of holding such a prestigious event as the International CMC Conference in Armenia. The Conference initiated several significant partnership agreements that will have a substantial impact on the Consulting and Business communities’ future development. More than 45 delegates arrived in Armenia to participate in the annual IMC Armenia conference, further highlighting Armenia's important role in the consulting market. I would als...
  • Boycott COP climate summit if Putin shows, Ukraine tells West
    Armenian News - Tert.am - 09:29 Oct 17, 2024
    The international community should shun the COP29 climate summit in Azerbaijan if Russian President Vladimir Putin attends, a top Ukrainian diplomat told POLITICO. "We need to exert this pressure and our partners need to make it clear to Azerbaijan that, if Putin is there, they aren’t coming," said Ukraine's EU ambassador, Vsevolod Chentsov, in an interview. Chentsov's call comes after the Kremlin said Tuesday that Putin was considering attending the annual U.N.-backed climate gathering, which begins Nov. 11 in Baku, Azerbaijan's capital. "A decision has not yet been made," Kremlin spokesperson Dmitry Peskov told Russian state-run news outlet RIA Novosti. Chentsov noted that Azerbaijan was increasingly “quite dependent” on the EU, given the bloc's pivot to the oil and gas-rich South Caucasus nation to help replace Russian fossil fuels. "They want to foster cooperation with the EU, and they should be really careful in that regard," the Ukrainian diplomat said, arguing that gave Brussels key leverage over Baku....
    Tags: Putin
  • Ucom, in cooperation with SunChild NGO, increases the access to drinking water in Lchavan community
    Armenian News - Tert.am - 10:54 Oct 16, 2024
    Ucom and SunChild NGO implemented another infrastructure development project in Vardenis community of Gegharkunik region. As part of this project, a 9.28 kWh solar power plant was installed at the Lchavan pumping station, which will help significantly reduce expenses on electricity consumption of the pumping station and provide residents with longer daily access to drinking water. Previously, due to the high costs of operating the pumping station, residents had access to drinking water for only two hours a day. Now, thanks to the installed solar plant, access to drinking water will increase by 50%, significantly easing the daily lives of residents. "As part of our cooperation with SunChild, we have installed multiple solar power plants, solving the electricity problem for communities. This time, it turns out we are solving the drinking water problem at the same time. I believe this is one of the best ways to show our commitment to corporate social responsibility—when companies with significant technological r...
  • Europa Clipper to blast off on mission to find out if Jupiter moon may hold life
    Armenian News - Tert.am - 08:41 Oct 14, 2024
    Nasa is poised to send a spacecraft to a frosty moon of Jupiter where extraterrestrial life may eke out an existence in an enormous ocean hidden beneath its ice-covered surface. The Europa Clipper mission is due to blast off from Kennedy Space Center in Florida at 12.06pm local time on Monday after the original plan to launch on Thursday was scrapped due to the battering winds brought by Hurricane Milton. Barring any further snags, the six-ton spacecraft – the largest Nasa has ever built for a planetary mission – will fly past Mars and swing back around Earth before slingshotting out to Jupiter, covering nearly 2bn miles before reaching its destination in 2030. While the $5bn (£3.8bn) mission will not look for life itself on the frigid Jovian moon, the probe’s suite of instruments will scour Europa’s surface for fingerprints of organic compounds and sniff for gases released from the moon to assess whether it is habitable.   “It’s a chance for us to explore not a world that might have been habitable billions o...
    Tags: Jupiter
  • ARMECONOMBANK attracted a USD 10 million from OPEC Fund
    Armenian News - Tert.am - 13:53 Oct 11, 2024
    ARMECONOMBANK, expanding its cooperation with international partners, has attracted USD 10 million from the OPEC International Development Fund aimed at financing micro, small and medium-sized enterprises, particularly green projects, energy efficiency programs, as well as women entrepreneurs, giving them the opportunity to receive the necessary funds for business development, new jobs to create and expand operations. To date, the Bank has signed 124 loan agreements worth USD 680 million with international and other development financial institutions, contributing to the development of SMEs. OPEC Fund is a development finance agency established in 1976 by OPEC (Organization of the Petroleum Exporting Countries) member countries to assist non-OPEC countries.
  • The delegation of the State Department and the US Embassy met with the members of the European Union Mission in Armenia
    Armenian News - Tert.am - 08:46 Oct 11, 2024
    The delegation of the US State Department and the United States Embassy in Armenia met with the members of the European Union's observation mission in Armenia in Martuni. The mission announced this on its X page. "Pleased to host a delegation from US Embassy Armenia and State Department in Martuni today! EUMA monitors provided valuable insights on the latest developments and our ongoing work on the ground", wrote mission.
  • Businessman and benefactor Mikayel Vardanyan was awarded the title of Honorary citizen of Masis community
    Armenian News - Tert.am - 07:03 Oct 10, 2024
    Taking into consideration the significant contribution to the development of Masis community, activities aimed for the welfare and development of the community, as well as respect and high reputation among the population, by the unanimous decision of Ararat Marz's Masis community Council of Elders, the owner of "Grand Holding", businessman and benefactor Mikael Vardanyan was awarded the title of "Honorary Citizen of Masis community". Mikael Vardanyan implemented a number of patriotic and vitally important charitable programs in Masis, that have great exclusivity in the development of the community. In particular, with the participation of the benefactor, the St. Thaddeus church was built in Masis, and now Mikael Vardanyan is financing the construction of the rectory building. With the financial support of the benefactor the Masis municipality neighborhood park was totally renovated, the Hrant Vardanyan street was fully reconstructed and the lighting network was installed. Thanks to the benefactor's financing,...
    Tags: Masis
  • Profit Plus salary package from Armeconombank offers many benefits
    Armenian News - Tert.am - 14:15 Oct 08, 2024
    Armeconombank introduces the new Profit Plus salary package. When applying for any of Guru cards, customers will receive Visa Classic, Mastercard Standard, or ArCa Classic salary cards for free. Additionally, Guru cards are available at a discounted annual fee: AMD 1,000 for Guru cards and AMD 12,000 for Guru Travel cards. Moreover, customers can withdraw their salaries without any fees. By transferring funds to Guru cards, they will enjoy the following benefits: 5-1% cashback on all non-cash payments 4% interest on AMD accounts credit line with up to 51 days of grace period And many more Moreover, many other benefits await customers: salary credit line up to ten times your income depending on your employment sector, starting from 13.5% loans secured by immovable property at reduced interest rate of up to 1% free bank account mobile app-based service accessible 24/7 wide network of ATMs and branches This offer is valid until 31st December. This promotional offer does not apply to cards ordered through AEB Mob...
  • The International CMC Conference kicked off for the first time in Armenia, bringing together management consultants and the business community
    Armenian News - Tert.am - 13:07 Oct 08, 2024
    The prestigious International CMC Conference, one of the most significant events for Armenian consulting and business communities, kicked off on October 7. Representatives of leading global consulting companies and esteemed speakers from various countries have arrived in Armenia for the conference. The CMC Conference has become a platform for the exchange of expertise, fostering global collaboration, and promoting professional development, featuring masterclasses and panel discussions with top consultants. Ucom is the technological partner of the prominent International CMC Conference. Within the scope of the cooperation, the General Director of Ucom Ralph Yirikian joined the event as a speaker sharing his expertise on "The Intersection of Technology and Sustainability." "As a telecommunication company, Ucom interacts with innovative technologies every day. Today, technological development is an essential part of our lives, and telecommunications is the field that makes technology accessible to everyone. Howe...
    Tags: Armenia

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