The international chess tournament supported by IDBank has concluded
 Thursday, May 7 2026,

ArmInfo.The Yerevan Spring ID Cup, organized with the support of IDBank, has successfully concluded. The tournament brought together 164 young chess players, whose exciting and hard-fought matches determined the winners and prize recipients. Alongside the main awards, the top participants also received special cash prizes from IDBank.

ANC believes Armenia needs a 1,200 MW nuclear power plant
 Thursday, May 7 2026,

ArmInfo. Aram Manukyan, number two on the Armenian National Congress party's election list, presented the party's economic program and emphasized the necessity to build a 1,200 MW nuclear power plant in Armenia.

In Armenia, annual inflation increased from 3.2% to 5.3% in April   due to rising food prices  
 Thursday, May 7 2026,

ArmInfo. In Armenia, rising food prices drove annual inflation from 3.2% to 5.3% in April 2026.  Specifically, food prices increased by 9.3%, service tariffs  increased by 2.6%, and non-food prices increased by 1.9%.

 Thursday, May 7 2026,

ArmInfo.For nearly two years, AraratBank has been delivering interactive financial literacy sessions for young people at summer camps, festivals, and through podcasts. This marks the first time, however, that important knowledge and skills are being specifically shared with athletes.

We must transition from turnover tax to differentiated VAT system –  Prime Minister
 Thursday, May 7 2026,

ArmInfo.The turnover tax system does not contribute to the scaling or success of businesses, as stated by Armenian Prime Minister Nikol Pashinyan during a  briefing on May 7.

20.5 hectares of land in Nor Hachn community to be assigned to State  Property Management Committee
 Thursday, May 7 2026,

ArmInfo.  20.5 hectares of land in the Nor Hachn community of the Kotayk region of Armenia will be assigned to the State Property Management Committee under the RA  Ministry of Territorial Administration and Infrastructure. The  decision was made at a government meeting on May 7.

Sergey Martinchuk appointed Visa Regional Manager for Ukraine,  Moldova, Southern and Eastern Europe, Central Asia, and Caucasus
 Thursday, May 7 2026,

ArmInfo. On May 7, Visa, the global leader in digital payments, announced the appointment of Sergey Martinchuk as Senior Vice President and Regional Manager for Ukraine, Moldova, Southern and Eastern Europe, Central Asia, and the Caucasus. Based in Kyiv, Martinchuk will be responsible for Visa's operations and strategy in  17 countries, according to a Visa announcement.

RA government to allocate AMD 25.2mln to develop standard design  allowing sand mining at mouth of Araks river 
 Thursday, May 7 2026,

ArmInfo.  The Armenian government will allocate 25.2 million drams to develop a standard design that will allow sand mining at the mouth of the border river Araks. The  decision was made at a Cabinet meeting on May 7.

AMD 684mln to be allocated to host the Concours Mondial de Bruxelles  2026 international wine tasting contest in Armenia
 Thursday, May 7 2026,

ArmInfo. 684 million drams, including VAT, will be allocated to host the "Concours Mondial de Bruxelles 2026" international wine tasting contest in Armenia. At its  May 7 meeting, the RA government approved the RA Ministry of  Economy's proposal to reallocate these funds within the ministry's  budget for the current year.

RA president supports development of cooperation with Philip Morris
 Thursday, May 7 2026,

ArmInfo.  At a meeting with a delegation led by Christos Harpantidis, Director of Corporate Affairs (Deputy CEO) of Philip Morris International, President Vahagn  Khachaturyan emphasized the importance of the long-term, effective  cooperation established with the company, noting that it encompasses  the economic, educational, and scientific sectors.

AMD 13bln to be allocated for reconstruction of 58 km of roads in  Armenia
 Thursday, May 7 2026,

ArmInfo. 13 billion drams will be allocated for the reconstruction of 58 km of roads in Armenia. The decision was made at the RA government meeting on May 7.

Armenia experiencing tourism boom to intensify throughout year -  premier 
 Thursday, May 7 2026,

ArmInfo.  Amazing developments are taking place in Armenia's tourism sector. RA Prime Minister Nikol Pashinyan announced this at a government meeting on May 7.

Customs duties not to be charged for delivery of new trolleybuses to  Armenia
 Thursday, May 7 2026,

ArmInfo. The Yerevan Municipality intends to purchase 45 new trolleybuses. At its meeting on May 7, the RA government decided to exempt Yerevan Electric Transport CJSC from customs duties on imported vehicles.

RA Ministry of Territorial Administration discusses TRIPP project  with U.S. delegation`s participation 
 Thursday, May 7 2026,

ArmInfo.  Today, Armenian Minister of Territorial Administration and Infrastructure David Khudatyan received a delegation led by US Deputy Assistant Secretary of State  for European and Eurasian Affairs Sonata Coulter.

Zeyro, first Armenian AI to be presented in Armenia
 Thursday, May 7 2026,

ArmInfo. On May 8, Armenia will host a significant event that will redefine the direction of the country's technological development. Zeyro, the first Armenian  artificial intelligence created to set new standards and reimagine  the logic of modern mobility and digital services, will be unveiled  at a gala ceremony. The Zeyro team announced this.

Armenian Deputy PMs meet  EIB delegation
 Wednesday, May 6 2026,

ArmInfoToday, Deputy Prime Minister Tigran Khachatryan  received a delegation led by European Investment Bank (EIB) Vice President Karl Nehammer. Minister of Territorial Administration and Infrastructure David Khudatyan also participated in the meeting.

Government to allocate $10 million for tourism infrastructure in  Yeghegis
 Wednesday, May 6 2026,

ArmInfo.The Armenian government will allocate $10 million to develop tourism infrastructure in the Vayots Dzor region.

Two Milestones, One Celebration: Moneytun Turns 20, Partnership with AraratBank Marks 10 Years
 Wednesday, May 6 2026,

ArmInfo.The Moneytun international fast money transfer system is celebrating its 20th anniversary, while AraratBank and Moneytun mark 10 years of their partnership.

Ardshinbank has reduced interest rates on existing SME loans
 Wednesday, May 6 2026,

ArmInfo.Ardshinbank continues to support the development of small and medium enterprises (SMEs) in Armenia by improving financing conditions and expanding opportunities available to businesses.

Eurasian Economic Forum 2026 gaining momentum
 Wednesday, May 6 2026,

ArmInfo.A record number of participants is expected at the Eurasian Economic Forum (EEF),  set to take place on May 28-29, 2026, in Astana.

Exchange rates
07.05.2026
RUB4.940.01
USD369.28-0.72
EUR434.49-1.63
GBP502.96-1.61
CAD271.03-1.21
JPY23.61-0.15
CNY54.30-0.02
CHF474.78-1.10