Invest In Armenia and get taxes back in three years. According to a new project that the government of Armenia will unveil soon those investors who invest 2.6 million or more dollars in the real estate and construction industries in Armenia will receive their taxes back in three years. The deputy finance minister of Armenia Mr. unveiled some details of this investment stimulus after the today's government meeting in Yerevan.

The expression Open Source Software has been widely used in the IT-industry recently. Full-scale programs of Open Source, from operation systems and server solutions up to office applications and graphics editors, do not need a payment for legal use, and any specialist can create modified and improved versions of such software.

E-commerce is a novelty in Armenia but it is gradually gaining momentum. In the past two years Armeia has launched two e-payment systems both oriented to Armenian Dram.

National Mortgage Company of Armenia will start provide housing loans at substantially lower mortgage rates as it gets the backing of the government. Now the company will provide long term loans and lower it's current mortgage rates to boost the market. The culture of taking a mortgage to finance a house is relatively young in Armenia. However, amazingly, Armenia has developed a strong banking system and now became a leader in the region providing long term mortgages of 10 and 15 years.

Armenia sets an example for Kazakhstan in banking and financial systems, says the Prime Minister of Kazakhstan.

Bridge Artsakh economic forum titled "State and Business. Through discussion to cooperation" will be held on June 19-21 in the capital of the Nagorno Karabakh Republic Stepanakert with the support of the government of Nagorno Karabakh, Investment Fund of Artsakh, The Union of Armenian manufacturers and businessmen as well as Support Center “Master” of International Integration.

Armenia, who is always being underestimated by it's oil rich neighbor Azerbaijan is slowly growing it's market share in supplying electricity to Iran, Georgia and now Turkey, with which a rapprochement policy has been in process.

The government of Armenia made a decision which forbids the tax authorities to conduct tax inspections in small businesses aiming to relieve the small business owners from unnecessary difficulties with tax authorities.

Yerevan, Armenia. "Nairit", one of the leading chemical enterprises of the region is on fire after several explosions. Armenian Radio reports that two people are killed due to this explosion.

Armeconombank is the first Bank in Armenia, the shares of which have been listed at B stand of “NASDAQ OMX ARMENIA” since 2002.

The Prime Minister of Armenia, Tigran Sargsyan, received the representatives of Gazprombank OJSC, one of the largest banks in Russia, headed by Executive Vice-President Alexander Kaznacheev. The President of the Board of Areksimbank Karen Karapetyan and Executive Director Armen Khandikyan were present at the meeting.

President of Armenia Serzh Sargsyan received the delegation of the Ernst and Young, one of the leaders in the sphere of auditing services, headed by the President of the Board of Directors and Executive Director James Turley.