"Urgently Confirm Your Card Details": IDBank Warns of Hotel Booking Scams
 Friday, August 7 2026,

ArmInfo. The vacation season traditionally becomes a peak time not only for tourists, but also for scammers. One of the most dangerous schemes in recent years targets users of hotel booking services. What makes it particularly dangerous is that the scammers’ message may arrive through an official communication channel and contain real details about your trip.

Eurasian Economic Commission grants Armenia additional 5,000  duty-free EV import quotas
 Friday, August 7 2026,

ArmInfo.The Council of the Eurasian Economic Commission (EEC) has allocated an additional quota to Armenia for the duty-free import of electric vehicles. Gevorg Papoyan, Armenia's Minister of Economy, announced this update in a video posted on his official Facebook page.

Armenia`s FX market, August 3-7: RUB transactions  surpass  USD and  EUR volumes
 Friday, August 7 2026,

ArmInfo.During the week of August 3 to 7, 2026, activities on Armenia's interbank foreign exchange market were characterized by a higher volume of Russian  ruble transactions compared to US dollars and euros. Specifically, the decline in dollar transactions accelerated from 40.3% to 62.5%, while the trend in ruble transactions increased from a 57% decline to a 98% increase.

Tatev Aslanyan appointed Deputy Minister of  RA High-Tech Industry 
 Friday, August 7 2026,

ArmInfo. By the decision of Prime Minister Pashinyan, Tatev Aslanyan has been appointed Deputy Minister of High-Tech Industry of Armenia. Aslanyan holds a degree from Erasmus University Rotterdam (Netherlands).

Armenian hotels to be classified under Hotelstars Union standards
 Friday, August 7 2026,

ArmInfo. The Hotel Association of Armenia NGO has won the tender to become the authorized organization responsible for assigning star ratings to  hotel facilities in the country. According to the Tourism Committee press service, an official agreement was signed between the Committee  and the Association on August 7.

Improvement in tax compliance indicators recorded in Armenia
 Friday, August 7 2026,

ArmInfo. In Armenia, tax compliance indicators improved in the first half of 2026. According  to the press service of the State Revenue Committee of the Republic  of Armenia, enhancing the efficiency of tax administration, promoting  voluntary compliance among taxpayers, and ensuring a more targeted  and predictable administrative framework remain key priorities for  the agency.

RA Ministry of Economy discusses improving mechanisms for  implementing TRIP program
 Friday, August 7 2026,

ArmInfo. Armenian Minister of Economy Gevorg Papoyan received representatives of the World Bank  (WB) and the Armenian Territorial Development Fund.

Mineral raw materials lead Armenia`s exports, while machinery and  equipment lead its imports
 Friday, August 7 2026,

ArmInfo.  Armenia's dominant export, mineral raw materials, has increased significantly in volume,  while its main import, machinery and equipment, has achieved double-  digit growth from stagnation. This is evidenced by data from the  Statistical Committee of the Republic of Armenia for the first half  of 2026.

Amendments to Law on Structure and Activities of Government adopted  by Armenian Cabinet raise a number of problematic issues - expert 
 Friday, August 7 2026,

ArmInfo.  The amendments to the Law "On the Structure and Activities of the Government" adopted by  the Armenian Cabinet yesterday raise a number of problematic issues.  Economist Haykaz Fanyan wrote about this on his Facebook page. 

EU`s share of Armenia`s foreign trade is growing, while the EAEU`s  share is shrinking
 Friday, August 7 2026,

ArmInfo.  The EU's share of Armenia's foreign trade increased to 17.8% in the first half of 2026  (from 12.1% a year ago), while the EAEU's share decreased to 29.4%  (from 36.3% a year ago). According to data from the RA Statistics  Committee, foreign trade turnover with the EU accelerated  year-on-year from 9.5% to 46.2%, reaching $1.7 billion, while with  the EAEU, it slowed from 53.7% to 19%, reaching $2.8 billion.  Moreover, among the EAEU countries, only Russia recorded a decline in  trade, while most EU countries chose to increase their  volumes-including Germany, Bulgaria, Italy, France, Belgium, Poland,  Spain, Austria, Lithuania, the Czech Republic, Cyprus, Slovakia,  Hungary, and Portugal-many of them significantly.

International brand Subway considering entering Armenian market
 Friday, August 7 2026,

ArmInfo. One of the world's largest fast-food restaurant chains, the international brand Subway,  is considering entering the Armenian market. This was reported by the  press service of the Ministry of Economy, citing the results of a  meeting between Armenian Minister of Economy Gevorg Papoyan, Efe  Celik, Regional Director of the international brand Subway, and  Armenian investor Levon Hayrapetyan.

Moody’s changes the outlook on IDBank’s ratings to positive
 Thursday, August 6 2026,

ArmInfo.Moody’s Ratings has changed the outlook on IDBank’s long-term deposit ratings to positive from stable.

Consumer market prices in Armenia drop slightly in July 2026, while  annual inflation remains above target
 Thursday, August 6 2026,

ArmInfo.According to data from the  Statistical Committee of the Republic of Armenia,  the consumer market in Armenia recorded an annual inflation rate of 4.5% in July 2026 compared to July 2025 (up from 3.4% a year earlier),  driven primarily by rising food prices.

Samvel Karapetyan calls  trade reduction with Russia  a "success" of  Armenian authorities
 Thursday, August 6 2026,

ArmInfo.The reduction of trade turnover between Russia and Armenia by two-thirds  compared to last year is a "success" of this incompetent government, as stated by businessman Samvel Karapetyan, leader of the "Strong Armenia" bloc, to journalists on August 6 before a regular meeting, in response to a  statement by Russian Deputy Prime Minister Alexei Overchuk.

Agricultural insurance is gaining momentum in Armenia
 Thursday, August 6 2026,

ArmInfo. Agricultural risk insurance is gaining momentum in Armenia, finally picking up in 2026 after two years of inactivity.

Another transit shipment from Russia to Armenia via Azerbaijan was  made
 Thursday, August 6 2026,

ArmInfo.  On August 6, another transit shipment was made from Russia to Armenia via Azerbaijan.

Armenian insurance companies` profit growth is slowing due to  premiums approaching stagnation
 Thursday, August 6 2026,

ArmInfo.  Armenia's insurance sector increased its net profit in the first half of 2026 by 71.4%  year-on-year (versus a 2.1-fold increase a year ago), reaching AMD  3.3 billion ($9.1 million). Moreover, this high double-digit growth  rate, despite some slowdown, is the result of tariff increases  introduced a year ago, which boosted premium and claim growth. While  collections have significantly weakened, payments have accelerated.  This is evidenced by the Financial Rating of Armenian Insurance  Companies as of June 30, 2026, prepared by ArmInfo Investment Company  based on published financial reports and additional data requested  from insurance companies.

Trade turnover between Russia and Armenia down by two-thirds this  year - RA vice-premier 
 Thursday, August 6 2026,

ArmInfo.  Trade turnover between Russia and Armenia has decreased by two-thirds this year.  This was reported to journalists by Deputy Prime Minister Alexei  Overchuk on August 6, responding to a question from RIA Novosti.

Electric Networks of Armenia CJSC to be transferred to trust  management - RA premier 
 Thursday, August 6 2026,

ArmInfo. Electric Networks of Armenia CJSC will be transferred to trust management. RA Prime Minister Nikol Pashinyan announced this at a government meeting on August 6.

Malta-based Random Systems International LLC to regulate gambling  activities in Armenia
 Thursday, August 6 2026,

ArmInfo. A company created specifically for this purpose, "Gaming Analysis and Monitoring System," founded by the Maltese company "Random Systems International LLC," will regulate gambling activities.

Exchange rates
07.08.2026
RUB4.45-0.04
USD366.17-0.08
EUR422.12-0.61
GBP492.10-0.98
CAD261.20-0.48
JPY23.13-0.07
CNY54.260.00
CHF451.95-0.60