ArmInfo.Chairperson of the Tourism Committee of Armenia Lusine Gevorgyan visited Areni, where she met with Community Head Husik Sahakyan and Zarouhi Muradyan, Director of the Vine and Wine Foundation of Armenia, to  discuss the progress of the Areni Wine Cluster investment project and  upcoming initiatives.

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.

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.

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.

ArmInfo.IDBank has expanded its card portfolio with the new Mastercard World card, created for those who value convenience not only in their everyday purchases but also while traveling.

ArmInfo.In Armenia, economic activity growth accelerated to 7.9% annually in the first half of 2026 (up from 6.3% in the same period of 2025). urthermore,  the industrial sector managed to recover from a downturn into  double-digit growth, re-establishing itself as one of the key drivers  of economic growth.

ArmInfo.  At its meeting on August 5, the Public Services Regulatory Commission (PSRC) of the Republic of Armenia extended the thermal power generation license of  Hrazdan-5 CJSC, issued to Gazprom Armenia CJSC.

ArmInfo.Taxing dividends of commercial bank shareholders carries distinct risks, as banks established in Armenia may consider re-registering their  organizations abroad. Daniel Azatyan, Chairman of the Union of Banks  of Armenia, expressed this opinion at a press conference on August 4.

ArmInfo. As a result of problems arising in certain export markets, the risk of a decline in income in the Armenian economy has increased, as well as the formation of an excess supply of certain goods, which has a predominantly  deflationary impact, as noted in the Central Bank of Armenia's  justification for its decision to maintain the refinancing rate at  6.5% this time.

ArmInfo. In the first half of 2026, Armenia's banking system generated a net profit of AMD 214 billion, exceeding the figure from a year ago by AMD 13.6  billion, or 6.8%. Daniel Azatyan, Chairman of the Union of Banks of  Armenia,  announced this  during a press conference on August 4.

ArmInfo. Employees of the RA State Revenue Committee have uncovered approximately 1.3 billion drams in shadow turnover at retail gasoline and diesel fuel  sales points, according to an official statement released by the  agency. 

ArmInfo.  A government personnel bank is being formed in Armenia. RA Prime Minister Nikol Pashinyan announced this on his Facebook page.

ArmInfo. Thousands of ideas and numerous participants - all in one place. This year, Seaside Startup Summit once again brought together startup founders, seeking innovative solutions, and representatives of well-established major businesses.      Mentors from Idram and IDBank joined early-stage founders to support them through their growth journey, answer vital questions, and identify innovative solutions for startup scaling.

ArmInfo. Tax incentives should be viewed not merely as tax "concessions," but rather as state programs with clear objectives and measurable outcomes, as stated by Tigran Jrbashyan, Head of  Management Advisory Service at the Ameria Group of Companies, in a post on his Facebook page.

ArmInfo. Armenia's gross international reserves (GIR) surged by 45.7% year-on-year, or by  $1.852 billion, reaching a historic high of $5.899 billion by July  2026, according to data released by the Central Bank of the Republic  of Armenia. By comparison, growth during the same period in 2025 was  a more modest 20.7% (or $693.2 million), bringing reserves to $4.047  billion.

ArmInfo.  Wildberries has received dozens of offers to lease logistics facilities within   Russia and abroad, with some agreements already signed. Wildberries  CEO Tatiana Kim told reporters, as reported by RIA Novosti.

ArmInfo. Recent reports circulating in Armenian and Russian media regarding a sharp surge in demand for Yerevan apartments by Russian citizens—allegedly driving up rental prices—are speculative and inaccurate, according to real  estate expert Rustam Grigoryan.

ArmInfo. July 30, Yerevan - Moody's Ratings has affirmed Converse Bank's long-term deposit ratings at Ba3 and changed the outlook to positive from stable. At the same time, the agency affirmed all of the Bank's ratings, including its ba3 Baseline Credit Assessment (BCA) and Adjusted BCA.

ArmInfoThe Eurasian Economic Union (EAEU) is classified as a regulated integration association, granting member states the right to impose temporary  restrictions if they are justified by issues of energy, food, or  other economic security.

ArmInfo.The Central Bank of Armenia has decided to increase the countercyclical capital buffer (CCB) from the current 1.75% to 2% of risk-weighted assets, which will take effect on February 1, 2027.