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Oil, Precious Metals, and Stock Indices Rise on November 22
Oil Markets On November 22, oil prices experienced growth: WTI (NYMEX): Up 1.22% to $71.18 per barrel. Brent (ICE): Up 1.02% to $75.17 per barrel. The price increase reflects recovering global demand and supply constraints. Precious Metals: Precious metals also…
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First Images Captured by Armenia’s ArmSat-1 Satellite Released
The release of the first images captured by Armenia’s ArmSat-1 satellite marks a significant milestone in the country’s technological and space exploration progress. The photos, shared by the Minister of High-Tech Industry, demonstrate Armenia’s potential in space technology and international…
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New Rules for Duty-Free Shop Ownership in Armenia: will there be transparency?
The Armenian government introduced a new regulatory framework on November 21 to revamp the process for registering and operating duty-free shops. The decision outlines a prequalification system that requires entities aspiring to own and operate duty-free shops to meet strict…
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Import of Live Pigs to Armenia to Be Restricted for Six Months
The Armenian government, during its November 21 session, approved a temporary quantitative restriction on the import of live pigs to Armenia and established new import procedures. According to the decision, a six-month limit will be imposed on the import of…
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Regulated and Controlled Trading System Introduced for Agricultural Animal Markets
The Armenian government, during its November 21 session, approved new requirements for agricultural animal markets to establish a regulated and controlled trading process. Key Details Current Issues Until now, the sale of agricultural animals has been conducted without legal regulation.…
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Armenia to Launch New Export Promotion Program via Customs Duty Reimbursement
The Armenian government has introduced a new customs duty reimbursement program aimed at promoting exports. This initiative seeks to boost the export volume of Armenian products and strengthen their presence in international markets. Mechanism of Customs Duty Reimbursement Exporting companies…
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Best Business Ideas for 2025
The year 2025 promises to be an era of innovation, sustainable development, and growth in the digital economy. Here are some of the best business ideas you can start from scratch, with details on the minimum and maximum investment required…
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Selector Revolutionizes IT Operations with AI-Driven Solutions
Selector, a company founded in 2019 by former Juniper Networks executives Kannan Kothandaraman and Nitin Kumar, is redefining IT operations by leveraging artificial intelligence (AI) to identify and resolve IT issues. Aimed at simplifying the increasingly complex IT environments, Selector’s…
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Google Lens Introduces In-Store Shopping Insights with AI
Google is revolutionizing in-store shopping with a new update to Google Lens, making it easier to check prices, compare inventory, and gain product insights in physical stores. The update is part of a broader enhancement to Google Shopping and Maps,…
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Microsoft and Atom Computing Announce Commercial Quantum Computer for 2025
Quantum computing is poised to make a leap forward as Microsoft and Atom Computing announced the launch of a commercial quantum computer in 2025. At the Microsoft Ignite 2024 conference, the two companies revealed that they successfully entangled 24 logical…
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ServiceTitan Flags Microsoft and OpenAI’s Large Language Models as Risk Factors in IPO Filing
ServiceTitan, a cloud service startup, has highlighted the risks associated with large language models (LLMs) developed by Microsoft and OpenAI in its initial public offering (IPO) filing with the SEC. While most IPO filings include general warnings about financial risks,…
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SKY Express Launches New Route Between Athens and Yerevan
Greek airline SKY Express has launched a new route connecting Athens and Yerevan, strengthening ties between Greece and Armenia. Flights from Athens International Airport to Zvartnots International Airport will operate three times a week, on Wednesdays, Fridays, and Sundays. Sergey…
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Icy Patches on Aghvani-Tatev Road, Lars Open
The Rescue Service of Armenia has announced that most roads in the country are passable; however, icy patches have been reported on the Aghvani-Tatev road. Drivers are urged to exercise caution and drive carefully, especially in areas with icy conditions.…
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Currency Exchange Rates as of November 17
As of November 17 the latest currency exchange rates for cash transactions in Armenia. US Dollar (USD): Maximum buying rate: 388 AMD Minimum selling rate: 390 AMD Euro (EUR): Maximum buying rate: 409 AMD Minimum selling rate: 414 AMD Russian…
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Bluesky Promises Not to Use User Content for AI Training
Bluesky, a social network gaining traction as users leave X, has confirmed that it has “no intention” of using user content to train generative AI tools. The announcement coincides with X’s new terms of service, allowing the platform to use…
