ArmInfo NewsFeed
In Armenian interbank foreign exchange market, dollar transactions decreased while ruble transactions increased from July 7-11, 2025In Armenian interbank foreign exchange market, dollar transactions decreased while ruble transactions increased from July 7-11, 2025
Seven organizations from Armenia to resume flower supplies to RussiaSeven organizations from Armenia to resume flower supplies to Russia
14,757 applications submitted under bad loan program 14,757 applications submitted under bad loan program 
Idram and Alipay+ Facilitate Cross-Border QR Payments in Armenia, Opening the Caucasus to Global Digital Wallet UsersIdram and Alipay+ Facilitate Cross-Border QR Payments in Armenia, Opening the Caucasus to Global Digital Wallet Users
Solid waste management program should be implemented throughout  Armenia - Vardan Kostanyan Solid waste management program should be implemented throughout  Armenia - Vardan Kostanyan 
Rossotrudnichestvo and South Caucasus Railways sign memorandum of  cooperationRossotrudnichestvo and South Caucasus Railways sign memorandum of  cooperation
Ardshinbank Participated in Tech Week Vanadzor 2025Ardshinbank Participated in Tech Week Vanadzor 2025
Armenia, WIPO discussed ways to enhance collaborationArmenia, WIPO discussed ways to enhance collaboration
Gevorg Papoyan: Effective protection of intellectual property is  crucial for sustainable economic growthGevorg Papoyan: Effective protection of intellectual property is  crucial for sustainable economic growth
Daily regulation reservoirs in Hovnanadzor to serve 9 villagesDaily regulation reservoirs in Hovnanadzor to serve 9 villages
Armenia`s government to develop cooperation with jewelry industry Armenia`s government to develop cooperation with jewelry industry 
ADB to provide Armenia with $3mln for school reconstruction in  Voskepat village ADB to provide Armenia with $3mln for school reconstruction in  Voskepat village 
Armenia`s government to direct huge funds to information and  cybersecurity Armenia`s government to direct huge funds to information and  cybersecurity 
Armenia top ratify EAEU agreement on Permissible Weights, Axle Loads and Dimensions of VehiclesArmenia top ratify EAEU agreement on Permissible Weights, Axle Loads and Dimensions of Vehicles
EIB to provide Armenia with EUR 50mln for Armenia - Resilient Syunik programme EIB to provide Armenia with EUR 50mln for Armenia - Resilient Syunik programme 
"Business Process Optimization with AI" – a Course for the Senior Management of AraratBank
IBRD to provide Armenia with EUR 96.4mln for implementation of Tourism and Regional Infrastructure Development programIBRD to provide Armenia with EUR 96.4mln for implementation of Tourism and Regional Infrastructure Development program
Armenia`s government to direct 1.189bln to co-financing of local communities development programmes Armenia`s government to direct 1.189bln to co-financing of local communities development programmes 
ANC condemns nationalization of ENA, violation of property rights ANC condemns nationalization of ENA, violation of property rights 
EAEU countries to start testing transportation digitalization in first half of 2026EAEU countries to start testing transportation digitalization in first half of 2026
Central Bank: RA Law Central Bank: RA Law "On Crypto Assets" entered into force in Armenia on July 4, 2025
Gohar Barseghyan:  EEC consistently promotes the enhancement of industrial cooperationGohar Barseghyan:  EEC consistently promotes the enhancement of industrial cooperation
Armenia`s foreign trade sees sharp decline after neutralization of diamond and gold re-export factorArmenia`s foreign trade sees sharp decline after neutralization of diamond and gold re-export factor
Every year, Lori region loses $40 million due to untapped tourism  potentialEvery year, Lori region loses $40 million due to untapped tourism  potential
We are going round in circles: Aram Kocharyan on  current IT  situation in ArmeniaWe are going round in circles: Aram Kocharyan on  current IT  situation in Armenia
Net direct foreign investments in Armenia`s economy up Net direct foreign investments in Armenia`s economy up 
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
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IBRD to provide Armenia with EUR 96.4mln for implementation of Tourism and Regional Infrastructure Development program

 Thursday, July 10 2025
IBRD to provide Armenia with EUR 96.4mln for implementation of Tourism and Regional Infrastructure Development program

ArmInfo.  The International Bank for Reconstruction and Development will provide Armenia with a loan of 96.4 million euros for the implementation of the "Tourism and Regional Infrastructure Development" program. The RA government gave its approval to sign a loan agreement with the Bank at its meeting on July 10.

Economy

Seven organizations from Armenia to resume flower supplies to Russia

ArmInfo.  The RA Food Safety Inspectorate is actively involved in the export of Armenian flowers to Russia in collaboration with its partner, the Federal Service for  Veterinary and Phytosanitary Surveillance of the Russian Federation  (Rosselkhoznadzor), as stated in a message from the inspection body.

14,757 applications submitted under bad loan program 

ArmInfo.  14,757 applications have been submitted under the program of the Ministry of Labor and Social Affairs of Armenia aimed at supporting citizens with bad  loans. This was announced during a press conference on July 11 by  Armen Margaryan, Head of the Family Benefits Department of the  Department for Pension Provision and Other Cash Payments of the  Ministry of Labor and Social Affairs.  

Solid waste management program should be implemented throughout  Armenia - Vardan Kostanyan 
Rossotrudnichestvo and South Caucasus Railways sign memorandum of  cooperation

Finance and banks

In Armenian interbank foreign exchange market, dollar transactions decreased while ruble transactions increased from July 7-11, 2025

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.

Idram and Alipay+ Facilitate Cross-Border QR Payments in Armenia, Opening the Caucasus to Global Digital Wallet Users

ArmInfo.  Global travellers to Armenia can now make seamless and secure cross-border QR payments with Alipay+, enhancing the tourism experience across the country at over 85% of the country’s merchants.

Ardshinbank Participated in Tech Week Vanadzor 2025
ADB to provide Armenia with $3mln for school reconstruction in  Voskepat village 

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

Armenia`s government to direct huge funds to information and  cybersecurity 

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.

We are going round in circles: Aram Kocharyan on  current IT  situation in Armenia

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.

Armenian IT sector`s output developed as compared with other regional states - expert 
TechWeek transforms Vanadzor into an innovation hub

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

Armenia`s foreign trade sees sharp decline after neutralization of diamond and gold re-export factor

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%. 

Net direct foreign investments in Armenia`s economy up 

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.

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.

Reduction in Armenia`s industry, index of prices for industrial  products shows slower rise 
Economic activity growth slows down, foreign trade in decline in Armenia 
Russia`s share in money transfers to Armenia 65% 
Lower population growth in Armenia
Exchange rates
11.07.2025
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USD383.910.17
EUR448.91-1.14
GBP519.24-2.57
CAD280.37-0.31
JPY26.15-0.11
CNY53.560.07
CHF482.48-0.58




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