Thursday, July 31 2025,
ArmInfo. The insurance sector of Armenia increased its net profit in the first half of 2025 by 2 times year-on-year (against a 65.3% decline a year ago), ensuring it at the level of 1.95 billion drams ($5.1 million). This was the result of a strong slowdown in the annual growth of compensation from 32.4% to 4.3% (21.4 billion drams or $55.8 million) and the exit of the dynamics of premiums from a 6% decline to 7.2% growth (41.5 billion drams or $107.9 million). This is evidenced by the data of the Financial Rating of Insurance Companies of Armenia as of 30.06.2025, prepared by ArmInfo IC based on published financial reports and additional data requested from the insurance companies.
|
Thursday, July 31 2025,
ArmInfo. The implementation of the strategic program for stimulating exports until 2030 will require 98.7 billion drams (or about $256 million). This is stated in the Strategic Program for Stimulating Exports of the Republic of Armenia for 2025-2030 and the Action Plan to Ensure its Implementation, approved by the Cabinet of Ministers of the Republic of Armenia on July 31.
|
Thursday, July 31 2025,
ArmInfo. On July 31, the Government of Armenia approved the draft decree of the President of the Republic of Armenia on the approval of the Agreement on the unified customs transit system of the Eurasian Economic Union and a third party (third parties).
|
|
|
|
|
|
|
Wednesday, July 30 2025,
ArmInfo. In the first half of 2025, the state budget expenditures of the Republic of Armenia amounted to 1472.3 billion drams, ensuring 85.2% of the implementation of the revised program for the first half of the year. Compared to the same period of the previous year, the state budget expenditures increased by 19.4% or 239.6 billion drams. This is stated in the information budget of the Ministry of Finance on the execution of the state budget of the Republic of Armenia for the reporting period.
|
Wednesday, July 30 2025,
ArmInfo. At a meeting with Ethiopian Tourism Minister Selamawit Kassa, Armenian Economy Minister Gevorg Papoyan noted the country's interest in expanding cooperation with African countries in the fields of tourism and hospitality.
|
Wednesday, July 30 2025,
ArmInfo. As of July 23, Armenia supplied 103.4 thousand tons of fruit and vegetable products to Russia, which is almost one and a half times more than in the same period last year (69.6 thousand tons). This was reported by Interfak with reference to Rosselkhoznadzor.
|
Wednesday, July 30 2025,
ArmInfo. Thanks to the daily work of the Armenian-Georgian joint working group, the issue of exporting Armenian brandy has been largely resolved. This was reported by the Minister of Economy of Armenia Gevorg Papoyan on his Facebook page.
|
|
|
|
|
|
|
Tuesday, July 29 2025,
ArmInfo. Chronic underfulfillment of capital expenditures, fraught with a decrease in economic potential, continues. This is the conclusion reached by experts of the LUYS Foundation after analyzing the socio-economic development of the Armenian economy in the first half of the year.
|
Tuesday, July 29 2025,
ArmInfo. A delegation from the Chinese city of Shanghai arrived in Armenia at the invitation of the NGO "Center for Armenian-Chinese Partnership" in order to expand the representation of Armenian companies in the Shanghai Free Trade Zone, as well as to cooperate in projects of mutual interest.
|
Tuesday, July 29 2025,
ArmInfo. How long will the Ministry of Territorial Administration and Infrastructure (MTAI) of Armenia remain silent about the results of the feasibility study of the Crossroads of Peace project? This is the question posed by the head of the ACSES analytical center Haykaz Fanyan.
|
Tuesday, July 29 2025,
ArmInfo. Armenian Minister of Economy Gevorg Papoyan, during his working visit to Ethiopia, held talks with Ethiopian Minister of Mines Habtam Tegegn.
|
Tuesday, July 29 2025,
ArmInfo. Turkey and Great Britain have coordinatedly stepped up information attacks against the Armenian Nuclear Power Plant (NPP) located in Metsamor. This was written about by energy security expert Vahe Davtyan in his Telegram channel.
|
|
|
Monday, July 28 2025,
ArmInfo. The South Caucasus Railways (SCR) company has updated a number of passenger infrastructure facilities in the midst of the summer passenger transportation season, the company's press service reports. The modernization program is aimed at improving the level of services provided.
|