ArmInfo NewsFeed
RA president signs laws nationalizing ENA CJSCRA president signs laws nationalizing ENA CJSC
Responsible innovations instead of offshores - CB Responsible innovations instead of offshores - CB 
Armenia, Uruguay to increase bilateral trade turnover Armenia, Uruguay to increase bilateral trade turnover 
Armenian vice-premier takes part in EEC Council`s meeting Armenian vice-premier takes part in EEC Council`s meeting 
Yerevan to host Black Sea Trade and Development Bank`s Annual Meeting  Yerevan to host Black Sea Trade and Development Bank`s Annual Meeting  
Solid Municipal Waste Management project launched in HrazdanSolid Municipal Waste Management project launched in Hrazdan
Armenian IT sector`s output developed as compared with other regional states - expert Armenian IT sector`s output developed as compared with other regional states - expert 
Lawyer on `legal terror` surrounding ENA Lawyer on `legal terror` surrounding ENA 
AraratBank participated in the WEPs regional experience-sharing workshopAraratBank participated in the WEPs regional experience-sharing workshop
1,507 trucks with apricots leave for Russia since beginning of summer 1,507 trucks with apricots leave for Russia since beginning of summer 
TechWeek transforms Vanadzor into an innovation hubTechWeek transforms Vanadzor into an innovation hub
In Q1 2025, unemployment rate in Armenia decreased to 13.9%In Q1 2025, unemployment rate in Armenia decreased to 13.9%
Moody`s upgrades Converse Bank`s ratingsMoody`s upgrades Converse Bank`s ratings
Armenia`s industrial sector is experiencing a significant  declineArmenia`s industrial sector is experiencing a significant  decline
Power generation in Armenia increased by 3.6% in a yearPower generation in Armenia increased by 3.6% in a year
Armenia`s State Revenue Committee proposes postponing payment of  road, environmental taxes, entry duties Armenia`s State Revenue Committee proposes postponing payment of  road, environmental taxes, entry duties 
46 trucks with Armenian brandy enter Russia 46 trucks with Armenian brandy enter Russia 
Expert: Armenia has every chance to become a key regional  hub for  innovative solutionsExpert: Armenia has every chance to become a key regional  hub for  innovative solutions
IDBank issues the 3rd, 4th and 5th tranches of bonds of 2025IDBank issues the 3rd, 4th and 5th tranches of bonds of 2025
ARMSWISSBANK Launches Mastercard World – A New Premium CardARMSWISSBANK Launches Mastercard World – A New Premium Card
Ministry of Economy: Compared to 2018, job numbers in Armenia  increased by 33.9%Ministry of Economy: Compared to 2018, job numbers in Armenia  increased by 33.9%
Illegal mining in Armenia`s Syunik causes AMD 63mln damage to public Illegal mining in Armenia`s Syunik causes AMD 63mln damage to public 
Rospotrebnadzor requested additional information from competent  authorities in Armenia regarding the reason for the ban of Eskimo ice  cream Rospotrebnadzor requested additional information from competent  authorities in Armenia regarding the reason for the ban of Eskimo ice  cream 
Pashinyan discusses steps for establishing a major AI data center in  ArmeniaPashinyan discusses steps for establishing a major AI data center in  Armenia
In June,  Armenia`s annual inflation rate increased to 3.9%  driven  by higher prices for food  and servicesIn June,  Armenia`s annual inflation rate increased to 3.9%  driven  by higher prices for food  and services
Armenian products to enter Cyprus and US markets: CIBRS announces National Warehouse program strategyArmenian products to enter Cyprus and US markets: CIBRS announces National Warehouse program strategy
European Investment Bank remains Armenia`s key partner in  infrastructure projects - MinisterEuropean Investment Bank remains Armenia`s key partner in  infrastructure projects - Minister
Armenian Parliament gives  Armenian Parliament gives  "green light" to nationalization of ENA
Armenia`s dividends from ZCMC $113mln since 2022Armenia`s dividends from ZCMC $113mln since 2022
Ardshinbank summed up the raffle organized for Mastercard Business cardholdersArdshinbank summed up the raffle organized for Mastercard Business cardholders
Armenia extends ban on export of scrap metal until Feb. 1 2026 Armenia extends ban on export of scrap metal until Feb. 1 2026 
62 trucks with Armenian brandy cross Russian border 62 trucks with Armenian brandy cross Russian border 
Armenia to fix tariff quota on individual types of goods imported  from Iran Armenia to fix tariff quota on individual types of goods imported  from Iran 
Narek Karapetyan: Almost all infrastructure companies, except for  ENA, have increased their tariffs for servicesNarek Karapetyan: Almost all infrastructure companies, except for  ENA, have increased their tariffs for services
EIB: Education is one of key areas of partnership between EU-Armenia EIB: Education is one of key areas of partnership between EU-Armenia 
Armenian Deputy Foreign Minister participates in  4th International  Conference on Financing for Development in SevilleArmenian Deputy Foreign Minister participates in  4th International  Conference on Financing for Development in Seville
Armenian Prime Minister, President of  Trafigura Group discuss  potential  cooperation  in mining sector  Armenian Prime Minister, President of  Trafigura Group discuss  potential  cooperation  in mining sector  
ADB to provide Armenia with EUR236 million for construction of  Sisian-Kajaran roadADB to provide Armenia with EUR236 million for construction of  Sisian-Kajaran road
Vassilis Maragos: EU willing to strengthen technological cooperation with Armenia through concrete stepsVassilis Maragos: EU willing to strengthen technological cooperation with Armenia through concrete steps
Ardshinbank at the Forefront of Digital Security: Sponsor and Participant of BugBounty 2025 EventArdshinbank at the Forefront of Digital Security: Sponsor and Participant of BugBounty 2025 Event
Armenia`s regulator  approved the sale of 100% of GNC-ALFA s shares  to Viva Armenia CJSCArmenia`s regulator  approved the sale of 100% of GNC-ALFA s shares  to Viva Armenia CJSC
 International Chamber of Commerce ready to assist Armenia in hosting COP-17 International Chamber of Commerce ready to assist Armenia in hosting COP-17
Armenia to extend ban on ferrous metal exportsArmenia to extend ban on ferrous metal exports
IDBank Opens a New Branch at Homplex MallIDBank Opens a New Branch at Homplex Mall
MONEYVAL experts to visit Armenia in September to assess work on money laundering control MONEYVAL experts to visit Armenia in September to assess work on money laundering control 
Goods traceability to be improved in Armenia Goods traceability to be improved in Armenia 
Vaharshapan and Khoi communities to be merged Vaharshapan and Khoi communities to be merged 
Armenian NA OKs ENA nationalization Armenian NA OKs ENA nationalization 
Viva celebrates 20th anniversary: Armenia`s high-tech industry  minister on reforms in Armenia`s telecommunication industry Viva celebrates 20th anniversary: Armenia`s high-tech industry  minister on reforms in Armenia`s telecommunication industry 
Economic diversification meets Armenia`s interests - Kaja Kallas Economic diversification meets Armenia`s interests - Kaja Kallas 
5.1% increase in number of jobs in Armenia 5.1% increase in number of jobs in Armenia 
AraratBank: Special Rate for SWIFT Transfers up to EUR 20,000AraratBank: Special Rate for SWIFT Transfers up to EUR 20,000
Team Telecom Armenia, Team Systems under one roof: new Team Place  smart solutions center  openedTeam Telecom Armenia, Team Systems under one roof: new Team Place  smart solutions center  opened
Armenian Parliament discussing  nationalization of Electric Networks  of Armenia CJSCArmenian Parliament discussing  nationalization of Electric Networks  of Armenia CJSC
Armenia values development of  cooperation with Denmark in  high  technology and renewable energyArmenia values development of  cooperation with Denmark in  high  technology and renewable energy
ArmSwissBank: First in Armenia to Publish a Climate Transition PlanArmSwissBank: First in Armenia to Publish a Climate Transition Plan
Ucom Launches 5G Network in Abovyan and EjmiatsinUcom Launches 5G Network in Abovyan and Ejmiatsin
Armenia`s government to be entitled to approve new vehicle purchase support programmesArmenia`s government to be entitled to approve new vehicle purchase support programmes
WB appoints Fabrizio Zarcone as its new Country Manager for ArmeniaWB appoints Fabrizio Zarcone as its new Country Manager for Armenia
Armenia`s government violating Constitution and laws by trying to expropriate ENA - lawyer Armenia`s government violating Constitution and laws by trying to expropriate ENA - lawyer 
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Lawyer on `legal terror` surrounding ENA 

 Tuesday, July 8 2025
Lawyer on `legal terror` surrounding ENA 

ArmInfo. Another large-scale parade of searches has begun in Armenia. This was announced to journalists on July 8 by lawyer Aram Vardevanyan.

Economy

RA president signs laws nationalizing ENA CJSC

ArmInfo. RA President Vahagn Khachaturyan signed a package of laws aimed at nationalizing Electric Networks of Armenia CJSC.

Responsible innovations instead of offshores - CB 

ArmInfo.  In a global sense, it is not obvious how risk management will be carried out in crypto transfers. This was stated by Deputy Chairman of the Central Bank of Armenia Armen Nurbekyan during a panel discussion on the topic "The  financial future of Armenia: banks, fintech and web3 - to fight or to combine?", which was held as part of Tech Week Vanadzor-2025.

Armenia, Uruguay to increase bilateral trade turnover 
Armenian vice-premier takes part in EEC Council`s meeting 

Finance and banks

Yerevan to host Black Sea Trade and Development Bank`s Annual Meeting  

ArmInfo.  On July 8, RA Prime Minister Nikol Pashinyan received the visiting delegation of the Black Sea Trade and Development Bank  Board of Governors, led by the  Bank's President Serhat Koksal.

AraratBank participated in the WEPs regional experience-sharing workshop

ArmInfo. AraratBank participated in the UN Women regional workshop titled “Workshop – WEPs Exchange: Developing the capacity of private sector to implement WEPs."

Moody`s upgrades Converse Bank`s ratings
IDBank issues the 3rd, 4th and 5th tranches of bonds of 2025

Insurance

In  Armenia`s insurance market, the loss ratio for OSAGO  decreased  to 73.2% by June 2025

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.

Hail damages 8,700 hectares of agricultural land - official

ArmInfo.As of today, hail has damaged 8.7 thousand hectares of agricultural land. This was reported  in Parliament on June 11 by Deputy Minister of Economy of Armenia in charge of agriculture Arman Khojoyan.

 Zinapah Foundation beneficiaries  to acquire necessary knowledge and  skills for doing business
Armenian insurance market started to reduce compensation
Energy

Armenian Parliament gives  "green light" to nationalization of ENA

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.  

Armenia, Turkey discuss opportunities for energy cooperation

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.  

Armenia to receive loan and grant funds from KfW for expansion of renewables and energy efficiency
Armenian premier on management of nuclear capacities 

Technology

Armenian IT sector`s output developed as compared with other regional states - expert 

ArmInfo.  Compared to neighboring countries in the region, the production segment of Armenian IT is quite developed. This was stated by Aram Kocharyan, co-founder and director of Layerswap, in an interview with an ArmInfo correspondent  on the sidelines of Tech Week Vanadzor-2025.

TechWeek transforms Vanadzor into an innovation hub

ArmInfo. For the past three days, Vanadzor has brought together the Armenian high-tech community on one platform, thereby securing its place in the country's technological agenda. From July 4 to 6, the largest IT event, TechWeek 2025, took place in the heart of the Lori region traditionally outside the capital.

Expert: Armenia has every chance to become a key regional  hub for  innovative solutions
Pashinyan discusses steps for establishing a major AI data center in  Armenia

Real estate

Majority of transactions in Armenian regions involve land sales

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.

Apartment prices in Yerevan rose by 1.5% in a year, with a  corresponding 8.7%  increase in transactions 

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.

Order of cadastral evaluation of municipal lands discussed in Armenia 
Armenia`s parliamentary opposition calls for refraining from further property tax rise, government rejects proposal

Statistics

In Q1 2025, unemployment rate in Armenia decreased to 13.9%

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.

Armenia`s industrial sector is experiencing a significant  decline

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.

Power generation in Armenia increased by 3.6% in a year

ArmInfo.  In Armenia, power generation in January-May 2025 accelerated in annual growth from 3% to 3.6%, amounting to 3,992.9 million kWh. However, in May alone, power generation decreased by 7% - to 659.3 million kWh, as evidenced by data from the RA Statistical Committee.

Reduction in Armenia`s industry, index of prices for industrial  products shows slower rise 

ArmInfo. In Armenia, the industrial price index decreased in January- May 2025 compared to the same period in 2024 from 102.2% to 102.1%. This was observed against the background of a deterioration in the annual dynamics of the industrial sector from 22% growth to 14.1% decline, with a volume of 1.03 trillion drams ($2.6 billion). This is evidenced by the preliminary data of the RA Statistics Committee. At the same time, in  May 2025, compared to May 2024, the industrial price index decreased much more noticeably - from 108% to 102.2%. During this period under review, the dynamics of the industrial sector also worsened to a 5.9% decline (from 6.9% growth a year ago). It is noteworthy that inflation was recorded in the consumer market of Armenia during these periods under review. 

Russia`s share in money transfers to Armenia 65% 
Lower population growth in Armenia
Zhanna Andreasyan: Compared to 2018, funding for science in Armenia  increased by 280%
Armenia`s industry in decline 
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