Lebanese companies interested in making investments in insurance sphere in Armenia

YEREVAN, August 5. /ARKA/. Some Lebanese companies are interested in making investments and rendering services in insurance sphere in Armenia, said Ambassador of Lebanon in Armenia Gebrael Geara during the meeting with the Armenian Premier Tigran Sargsyan.

Geara said that the government of Lebanon aims to make efforts in the development of Armenian-Lebanese relations.

Sargsyan thanked the Ambassador for his eight-year work in Armenia. The parties mentioned that Armenia and Lebanon having many common historical traditions and they will continue effective cooperation.

Now there are about 100 companies in Armenia with participation of Lebanese capital, mainly in the sphere of small and medium businesses. Lebanese companies working in Armenia in recent years have made investments in the banking, insurance, real estate sectors and provision of other types of services.–0–

spot_img

POPULAR

$284.4 million for housing for refugees from Artsakh and mortgage market development: Armenian parliament ratifies agreement with IBRD

The National Assembly of Armenia, at an extraordinary session on Monday, ratified loan and grant agreements totaling $284.4 million with the International Bank for Reconstruction and Development (IBRD, part of the World Bank Group).

Armenia’s public debt to remain below 50% of GDP in the medium term – Finance Ministry

Armenia’s public debt will remain below 50% of GDP in the medium term, stated the Republic’s Minister of Finance, Vahe Hovhannisyan.

US dollar and ruble exchange rates against the Armenian dram rose, while the euro rate fell – Central Bank of Armenia data

The average market exchange rate of the US dollar against the Armenian dram in Armenia's currency market rose by 0.18 points on October 7 compared to October 6, reaching 362.32 drams.

The “Physmath Friends” Charitable Foundation is the October beneficiary of “The Power of One Dram”

Within the framework of "The Power of One Dram" initiative, AMD 4,648,503 accumulated during September was directed to organizing the "Climate Change and Women" award ceremony, which aims to highlight women's contributions to combating climate change and preserving biodiversity.

Net inflow of remittances to Armenia from abroad doubled over 8 months

The net inflow of cross-border remittances to individuals in Armenia, received from abroad via the banking system of the Republic of Armenia, totaled $1.8 billion in January–August 2026, compared to $889.3 million in January–August 2025, according to a report by the republic's Central Bank.

LATEST NEWS

spot_imgspot_imgspot_img