Armenia`s energy transformation rating remains unchanged for the past 9 years - Luys Foundation Monday, July 14 2025
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 ArmInfo. Armenia's energy transformation rating has remained unchanged for the past nine years, according to a study by the Luys Foundation. The analysis is based on the World Economic Forum's report "Fostering Effective Energy Transition-2025." |
ArmInfo. Armenia recognizes the importance of establishing direct flights with the Netherlands, as stated by the RA Minister of Territorial Administration and Infrastructure, David Khudatyan, during a meeting with the Ambassador of the Netherlands to Armenia Marieke Harriet Monroe-Winter, while discussing air transport matters.
ArmInfo. From July 11 to 13, 99 trucks with liquefied gas entered Armenia. Armenian Minister of Economy Gevorg Papoyan shared this information on his Facebook page. It was previously reported in Armenian media that more than 50 trucks with liquefied gas were unable to pass through the Stepantsminda checkpoint (Upper Lars checkpoint) into Armenia due to new restrictions imposed by the Georgian customs service. As the drivers reported at the time, the authorized bodies of Georgia did not provide specific reasons and official explanations for this decision.
ArmInfo. Ardshinbank, a leading Armenian bank, has submitted a bid for HSBC Malta, according to international media outlets. The bank itself does not comment on its participation in the purchase of HSBC's Maltese subsidiary.
ArmInfo. In the Armenian interbank foreign exchange market, there was a decrease in dollar transactions and a significant increase in ruble transactions from July 7 to July 11, 2025. Euro transactions have not been conducted for over a month. Specifically, the weekly trend for ruble transactions shifted from a 48% decline to a 2-fold increase, while dollar transactions went from a 3.5-fold increase to a 40-% decline. As a result, ruble transactions began to surpass dollar transactions again, but only slightly - by 1.1 times. Just a week prior, dollar transactions had exceeded ruble transactions by 3.2 times.
ArmInfo. In the Armenian insurance market, the loss ratio for OSAGO began to decrease in 2025, amounting to 73.3% at the end of the first half of the year (compared to 79.1% a year earlier), as evidenced by data from the Bureau of Motor Insurers of Armenia. The decline in the loss ratio during the reporting period was observed alongside improvements in the annual dynamics of several active contracts from a 1.5% decline to 7.6% growth, with an acceleration in the growth of insurance premiums from 4% to 16.8%, and a decrease in the growth of compensation from 22.9% to 6.1%. The Bureau, reported a slight year-on-year increase of 3.5% in the number of vehicles with MTPL insurance policies, compared to 5.6% growth previous year. In quantitative terms, by July 2025, there were 682,083 thousand vehicles with MTPL insurance policies in the country, but the number of active policies stood at 661,197 (excluding terminated policies - 605,408).
ArmInfo. In the Armenian insurance market, the loss ratio for OSAGO has begun to decrease since 2025, amounting to 73.2% in January-May compared to 79.7% the previous year. as evidenced by data from the Bureau of Motor Insurers of Armenia.
ArmInfo. During an extraordinary session on July 3, the National Assembly of Armenia approved, in the second and final reading, the draft amendments to the laws "On the Public Services Regulatory Authority" and "On Energy" proposed by the ruling "Civil Contract" faction.
ArmInfo."We met with the Minister of Territorial Administration and Infrastructure of Armenia David Khudatyan in Istanbul," Turkish Minister of Energy and Natural Resources Alparslan Bayraktar wrote on his social media account.
ArmInfo. The state will allocate significant funds to the spheres of cyber defense and information security. This was stated by the Minister of High-Tech Industry of the Republic of Armenia Mkhitar Hayrapetyan, speaking during the opening ceremony of the Cyber Security Hackathon, which is being held in Tsaghkadzor from July 9 to 11.
ArmInfo. Many in Armenia believe that the IT sector is in excellent condition, and there is no cause or councern, but this is far from true. This opinion was shared by co- founder and director of Layerswap Aram Kocharyan, during a conversation with an ArmInfo correspondent at Tech Week Vanadzor-2025.
ArmInfo. The average market price of apartments in the regions of Armenia increased by 12.9% per annum in the first quarter of 2025, reaching 162.3 thousand drams / 1 sq.m.
ArmInfo. In the first quarter of 2025, the average market price of real estate in apartment buildings in Yerevan increased by 1.5%, reaching an average of 464.3 thousand drams / 1 sq. m.
ArmInfo. In Armenia's foreign trade, transactions involving precious metals and stones have seen to decline since 2025, amounting to 25% ($1.97 billion) in total from January- May, compared to 65% ($9.99 billion) a year ago. This category of goods has played a decisive role in the deterioration of the annual dynamics of the country's foreign trade turnover, which has dropped from a 2.2- fold increase to a 49% decline. According to data from the RA Statistical Committee, in January-May 2025, the share of imports and exports of precious metals and stones in the total trade turnover fell to 19% and 35%, respectively. In the same period last year these figures were 57% and 73%.
ArmInfo. The net flow of total foreign investment in the real sector of the Armenian economy decreased in January-March 2025 by 14.3% year-on-year, to positive $98.1 million (38.4 billion drams) from positive $114 million (44.8 billion drams). At the same time, the net flow of foreign direct investment (FDI) went from negative $73.3 million (28.8 billion drams) to positive $14.6 million (5.7 billion drams), increasing 2.2 times year-on-year. This is evidenced by the data of the RA Statistical Committee, indicated as a net flow, meaning the difference between attracted and repaid foreign investments.
ArmInfo. In Q1 2025, the unemployment rate in Armenia decreased to 13.9% from 15.5% in the same period of 2024, as evidenced by the data of the RA Statistical Committee.
ArmInfo. From January to May 2025, Armenia's industrial sector experienced a significant decline of 14.1% (compared to a 22% growth for the same period the previous year), resulting in a total volume of more than 1 trillion drams (over $2.6 billion). In May alone, industrial production grew by 2.9% to 218.6 billion drams ($565.4 million), as evidenced by data from the Statistical Committee of the Republic of Armenia.
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