ArmInfo. The Tourism Committee of Armenia and South Caucasus Railway CJSC (SCR) intend to work together to increase the tourist attractiveness of Armenia. This was  reported by the press service of the Committee, citing the results of the meeting of the head of the tourism department Lusine Gevorgyan with the General Director of SCR Alexey Melnikov and the head of the Passenger Transportation Directorate of SCR Grant Mikaelyan. In particular, they discussed the possibilities of implementing marketing campaigns, jointly preparing advertising and information  materials for tourists. 

ArmInfo. For a long time now, the question has not been about Electric Networks of Armenia, but about whom Armenia serves today. This assessment was made by the former head of the RA State Revenue Committee, economist David Ananyan, touching upon the session of the National Assembly scheduled for  today, at which a package of bills will be considered, designed to kick- start the process of nationalization of Electric Networks.

ArmInfo. The family of the president of the Tashir Group of Companies Samvel Karapetyan is starting an investment dispute with the Republic of Armenia over the issue of Electric Networks of Armenia CJSC. This was reported in a statement by the press service of the group of companies.

ArmInfo. The Minister of Economy of Armenia Gevorg Papoyan met with the Minister of Agriculture and Environment of Georgia, David Songulashvili, in Rome within the framework of the UN Food and Agriculture Organization (FAO) conference in Rome.

ArmInfo.

ArmInfo. Despite the support provided by the state for business development, the SME sector in  Armenia is not growing and has the same share in GDP for several years, as stated in an interview with an ArmInfo correspondent by Artashes Shaboyan, Senior Research Consultant at the Ameria consulting company, referring to the results of a study conducted for the second national report GEM Armenia National Report 2024/2025, prepared within the framework of the Global Entrepreneurship Monitor  (GEM) by Aslanyan.

ArmInfo.The Luys Foundation has analyzed the socio-economic development of the RA economy in  January-May 2025.  According to the analysis, during the reporting period, the growth rate of economic activity in the RA accelerated mainly due to the base effect.

ArmInfo.  Armenia, like many other landlocked countries, faces many challenges due to its geographical location, mountainous terrain and dependence on transit routes passing through neighboring states, as stated by Minister of Economy of Armenia Gevorg Papoyan, while addressing a ministerial  meeting at the 44th session of the FAO (Food and Agriculture  Organization of the United Nations) Conference,  held in Rome from June 28 to July 4.

ArmInfo.  Women in Armenia are more productive in business, but our country ranks low in terms of business involvement, even compared to Islamic countries, as reported  to journalists by Tigran Jrbashyan, Managing Partner of the Ameria consulting company  and a well-known economist, referring to the results of the second national report GEM Armenia National Report 2024/2025, prepared within the framework of the Global Entrepreneurship Monitor (GEM).

ArmInfo.  IDBank once again celebrated Customer Appreciation Day, this time at its Arabkir branch. Staying true to tradition, the Bank brings this special event to different branches, turning each occasion into a festive experience for its valued customers.

ArmInfo.  Acting CEO of Electric Networks of Armenia CJSC David Ghazinyan dismissed claims that under the new management it would be possible to reduce the electricity  tariff by almost 7 drams as an outright myth.

ArmInfo. Electric Networks of Armenia CJSC, which is part of the Tashir Group of Companies, will put aside its interests by all legal means, especially when there is a "game without rules". Acting General Director of the company David Kazinyan stated this at a press conference on June 30, commenting on the situation around the CJSC. 

ArmInfo. AraratBank, expanding its international cooperation, has become a member of BAFT (Bankers Association for Finance and Trade). Association members collaborate and exchange best practices for implementing new and existing solutions in the field, ensuring innovation, efficiency, and financial growth.

ArmInfo. Despite the decline in interest in entrepreneurship compared to 2019, Armenia maintains a leading position in this indicator in Eastern Europe, and is among the top five countries in the world. This was stated by the managing partner of the consulting company Ameria, well-known economist Tigran  Jrbashyan, referring to the results of the second national report GEM Armenia National Report 2024/2025, prepared within the framework of the Global Entrepreneurship Monitor (GEM).

ArmInfo.One of the problems in the business sector in Armenia continues to be the fact that the majority of the country's businesses (65-70%) are engaged in extractive activities or consumer services (mainly retail trade).

ArmInfo. Over the past 3 days, 69 trucks with cognac have departed from the Georgian customs checkpoint Gezi and are now en route to the Upper Lars checkpoint, as reported by  Minister of Economy Gevorg Papoyan.  In a post on social  media, Papoyan mentioned that efforts are being made with the Georgian side to expedite  the passage of Armenian heavy trucks. 

ArmInfo. On June 27, the Minister of Economy of the Republic of Armenia, Gevorg Papoyan, received the  head of the World Bank  Country office in Armenia, Caroline Geginat, who is concluding her mission in the country. Deputy Minister Lilia Sirakanyan was also present at the meeting, according to the press service of the department.

ArmInfo. RA Minister of Economy Gevork Papoyan continues to provide updates on the supply of agricultural products from Armenia to Russia.

ArmInfo. On the Armenian interbank currency market, there has been  a decrease in dollar transactions and a significant increase in ruble transactions. Euro transactions have not been conducted for a month. Specifically, the weekly trend for ruble transactions shifted from a 73.3% decline to a 5.3-fold increase, while dollar transactions went from a 2.3-fold increase to a 41% decline. As a result, ruble transactions are now prevailing over dollar transactions  by 2 times, whereas just a week ago, dollar transactions were ahead of  ruble transactions by 4.3  times.

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