News

The Ministry of Regional Development received a delegation from the European Bank for Reconstruction and Development.
The Central Bank of Armenia: Further expansion of external demand creates risks of excess supply, leading to weakening consumer and investor confidence
The UAE is ready to deepen cooperation with Armenia in the energy sector.
IDBank and Idram Hold Financial Literacy Session for Young Chess Players
Effective Partnerships for Nature: Team Organizes Panel Discussion at COP17
Martyn Galstyan: Sensitivity analysis showed that if gas prices rise by 10%, inflation will increase by 0.8%, but it is unclear whether there will be a linear relationship.
The Armenian Parliament will receive 7.6 billion drams in 2027.
The EAEU Council approved the agenda for the upcoming meeting of the Eurasian Intergovernmental Council
The Central Bank of Armenia raised the refinancing rate by another 0.25% - from 6.75% to 7%
Minister: Work on implementing an electronic notary services system will begin in 2027
In 2027, 24 billion 250 million drams will be allocated from the state budget to support the office of the Prime Minister of the Republic of Armenia
The State Revenue Committee recalled the ban on the import of cash currency from the Russian Federation in excess of 1 million rubles into Armenia and other EAEU countries
REC launched a business mission in Armenia for aluminum cookware manufacturers.
Head of the Central Bank of Armenia: In the context of geopolitical and economic uncertainty in the world, external and internal risks remain
Oppositionist: Armenia`s debt burden is twice that of Georgia and three times that of Azerbaijan
Eduard Akopyan: The State Revenue Committee is working on developing an electronic platform that will be integrated with the TRIPP project.
Finance Minister: There is currently no official information about increasing gas prices for Armenia
Yerevan to host Silicon Mountains 2026, an international technology summit and exhibition
The budget of the Ministry of Labor and Welfare of Armenia in 2027 will be the largest in the structure of the entire state budget of the country.
Experts at the EFSD conference assessed the growth potential of Eurasian economies.
EU-backed reforms to Armenia`s energy market are being discussed in Yerevan
Stagnation in premiums has slowed net profit growth in the Armenian insurance market.
IDBank has issued perpetual coupon bonds for the first time
Head of the Ministry of Finance of the Republic of Armenia: The current structure of the state debt will be maintained in 2027
In 2027, it is planned to improve the GDP-to-taxes ratio by 0.6 percentage points
RA Prime Minister: State budget revenues are never high
Armenia`s gross international reserves approach $7 billion, setting a new record by October 2026
Possibilities of expanding cooperation between Armenia and Latvia in the field of high technology were discussed
On the Armenian interbank currency market, dollar transactions decreased from October 26 to 30, while ruble transactions began to grow.
IDBank Supports the Reconstruction of the Spandaryan Canal: Commemorative Plaque Dedicated to the Project Signed
IDBank and Idram Presented Several Environmental Initiatives at COP17
The Central Bank of Armenia is working on creating a mechanism to insure clients affected by cybercrime.
The Ministry of Economy considered the possibility of implementing an extended producer responsibility system with the support of UNIDO.
The retention of a significant portion of non-resident funds in Armenia can be seen as indirect evidence of the quality of services provided by banks, says the head of the Central Bank.
Cognacs from Armenia and Georgia have been included in the Belarusian register of hazardous products.
Economist: Armenia`s withdrawal from the EAEU could lead to the cessation of financial intermediation, and such a scenario would deal a much stronger blow to the country`s economy
Armenia and India discussed prospects for developing trade, economic, and investment cooperation
Martin Galstyan: The Central Bank of Armenia raised the budgetary liquidity ratio to 2.25%, estimating the amount of additional capital to absorb unexpected losses under an expected shock of 250 billion drams
The Minister of Economy listened to proposals from the Armenian business community.
Sevak Mikaelyan became a member of the Board of the Central Bank of Armenia
Yerevan became the cheapest foreign holiday destination for Russians in November.
Armenia and Iran intend to intensify cooperation in the field of high technologies
«Here’s the screenshot, the money has been transferred»: IDBank warns of fake payment scams
The Chairman of the State Revenue Committee of Armenia took part in the global event of the Smart Customs project, which was held at the WTO headquarters in Brussels
The RA Ambassador to the United States presented Armenia`s investment potential
Digital Architecture for a Sustainable Future: IDBank`s Article in Regional Post Magazine
First Steps in Your Career with IDBank: 16th Cycle of IDream Launched
Rate.Trading. New Digital Culture of Currency Exchange
Armenia notes the importance of creating conditions that will enable the effective and responsible use of AI tools for the benefit of the public and private sectors.
The Armenian Minister of Finance discussed education development and business support with the head of AGFUND.
Sevak Mikaelyan: The country`s banking system`s loan portfolio has already approached 9 trillion drams.
Participants of the EFSD conference in Astana discussed economic policy priorities in the new cycle
EFSD: Increased economic activity will help Armenia respond to demographic challenges
Armenia and Norway expressed interest in expanding economic cooperation
Candidate for Member of the Central Bank Council: Possible Changes in Energy Prices Could Seriously Affect Armenia’s Macroeconomic Stability
In Armenia, confectionery, semi-finished products, and frozen foods will be included in the list of goods subject to labeling.
As of January 1, 2027, Armenia`s universal health insurance system will expand to cover more than 350,000 citizens
Developing a green bond market requires not only cooperation between all players, but also direct government participation
Deputy Prime Minister: The railway under the TRIPP project will be built along the same route it used during Soviet times
Ministry of Finance: It is too early to say what impact the implementation of the TRIPP project will have on Armenia`s state budget.
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Currency Market

Indicators

Tuesday, November 3 2026 19:27

Alina Hovhannisyan

The UAE is ready to deepen cooperation with Armenia in the energy sector.

ArmInfo. On the sidelines of the ADIPEC 2026 international energy conference in Abu Dhabi, Armenian Minister of Territorial Administration and Infrastructure David Khudatyan met with UAE Minister of Energy and Infrastructure Suhail Mohamed Al Mazrouei.

The parties discussed opportunities to expand bilateral energy cooperation, in particular the UAE's participation in energy storage system projects in Armenia.

During the meeting, Khudatyan emphasized the importance of sharing experiences with the UAE and attracting Emirati investment to Armenia's energy sector. He invited his Emirati counterpart to visit Armenia to review industry projects firsthand and discuss next steps.

Minister Al Mazrouei, in turn, expressed his readiness to deepen cooperation with Armenia.