ArmInfo. The net profit of the Armenian banking system in January-September 2026 slowed in year-on-year growth from 15% to 9%, amounting to 334.4 billion drams or $921.8 million. This is evidenced by the Express Ranking of Armenian Banks as of September 30, 2026, prepared by ArmInfo Investment Company.

ArmInfo. The Latvian Food and Veterinary Service reported the discovery of a pesticide banned in the EU in a 57.6 kg batch of green tea from Armenia.

ArmInfo. Following the signing of documents in the United States last August, significant opportunities have opened up for Armenia. Deputy Minister of Territorial Administration and Infrastructure of Armenia Asatur Vardanyan stated this during a briefing with journalists on October 16 on the sidelines of the international Mining Armenia Forum.

ArmInfo. Gevorg Mantashyan, Deputy Minister of High-Tech Industry and Artificial Intelligence of Armenia, met with Lucia Bonelli, a representative of the Italian state-owned development finance institution Cassa Depositi e Prestiti (CDP), operating under Italian state control, to discuss prospects for expanding cooperation between the two countries in the high-tech sector.

ArmInfo. If the relationship between the state and subsoil users shifts from a financial to an institutional approach, I believe this will represent significant progress. This was stated by Roman Khudoliy, CEO of the Zangezur Copper and Molybdenum Combine (ZCMC), during a panel discussion at the Mining Armenia Forum on October 16.

ArmInfo. The agenda of peace and unblocking communications could significantly change Armenia's economic geography. Armenian Deputy Prime Minister Mher Grigoryan stated this at the opening of the international Mining Armenia Forum.

ArmInfo. "We are confident that the standards Lidian Armenia operates by create minimal risk to the environment," Vardan Janyan, Chairman of the Mining and Metallurgy Association and First Deputy General Director of the Zangezur Copper and Molybdenum Combine (ZCMC), said during a briefing with journalists on October 16 on the sidelines of the Mining Armenia Forum.

ArmInfo. Armenian President Vahagn Khachaturyan met with Kyrgyz President Sadyr Japarov to discuss prospects for deepening trade and economic ties between the countries.

ArmInfo. Rosatom is receiving positive signals from Armenia regarding its proposal to build a new power unit there. This was stated by Rosatom Director General Alexey Likhachev, according to TASS.

ArmInfo. On the Armenian interbank currency market, from October 12 to 16, both dollar and ruble transactions recovered from a decline to growth, while euro transactions ceased again. In particular, the trend of dollar transactions reversed from a 98% decline to a significant growth of 10 times, which was also observed in ruble transactions, the trend of which recovered from a 25.2% decline to a 36.1% growth. As a result, the weekly volume of ruble transactions retained its lead over dollar transactions, narrowing from 36 times to 5 times.

ArmInfo. On October 16, Armenian Economy Minister Gevorg Papoyan met with Turkish Minister of Agriculture and Forestry Ibrahim Yumakli on the sidelines of the 17th Conference of the Parties to the UN Convention on Biological Diversity (COP17). Deputy Economy Minister Arman Khojoyan also participated in the meeting.

ArmInfo. The only difference between Kazakhstan and Armenia is territory, and Kazakhstan's vast territory allows for large-scale geological exploration. I wouldn't recommend Armenia follow this path; it would be better to attract qualified juniors, but establish a strict sieve.

ArmInfo. Prospects for expanding investment cooperation in the green economy, energy, and infrastructure development in Armenia with the participation of the EU were discussed at a meeting in Yerevan between Deputy Minister of Finance of Armenia Edgar Mkrtchyan, Deputy Head of Mission of the Italian Embassy in Armenia Andrea Peduto, and Head of Western Balkans and Eastern Neighborhood at the Italian Development Bank Cassa Depositi e Prestiti (CDP), Lucia Bonelli.

ArmInfo. Nuclear energy is of strategic importance for Armenia. The Armenian Nuclear Power Plant (NPP) provides a significant portion of the country's electricity, supplying 30-40% of its energy resources. This was stated by Eduard Martirosyan, Director General of the Metsamor Nuclear Power Plant (MNPP), during his speech at the "3+3" platform discussions: Energy Cooperation as a Pillar of Peace and Security in the South Caucasus, held during Russian Energy Week in Moscow.

ArmInfo. Azerbaijan, having its own gas reserves, is ready to purchase Russian gas based on economic interests, while Armenia, lacking its own gas, is discussing the possibility of abandoning Russian gas. This is how Vahe Davtyan, a doctor of political science, professor, and leading researcher at the Center for Caucasian Studies at the Institute of Central Asia and Geophysics of the Russian Academy of Sciences, commented on the statement by Elshad Nasirov, Vice President of the State Oil Company of Azerbaijan (SOCAR), about Baku's intention to resume purchasing Russian gas from Gazprom.

ArmInfo.  The Armenian insurance company "LIGA Insurance" took part in the annual international conference of GRAWE Group, which was held in the city of Postojna (Slovenia). At the event, the company was officially introduced to its international partners as a new full member of this prestigious international financial group.

ArmInfo.  Based on the results of the seventh month, the revenue of Armenian mining companies amounted to 470 billion drams, which is 62% higher than last year. This was stated by Suren Parsyan, associate professor at the Armenian State University of Economics, PhD in economics, and lawyer, while presenting his research at the international Mining Armenia Forum.

ArmInfo. Together with its partners, IDBank will participate in the 17th meeting of the Conference of the Parties to the UN Convention on Biological Diversity (COP17), where it will present a number of key initiatives focused on green transformation, digital ecosystems, and biodiversity conservation.

ArmInfo. The Strong Armenia faction will present a legislative initiative in the Armenian parliament providing for simplified registration of drugs registered in the European Union (EU). Narek Karapetyan, head of the Strong Armenia parliamentary faction, announced this at a press conference in Yerevan on October 16.

ArmInfo. Global geological exploration spending peaked in 2012, after which the trend began to decline. Vardan Janyan, Chairman of the Mining and Metallurgy Association and First Deputy General Director of the Zangezur Copper-Molybdenum Combine (ZCMK), noted during the opening ceremony of the Mining Armenia Forum that if this situation continues despite the current growing demand, the international economy will face serious difficulties in securing critical metals.