News

From August 31 to September 4, dollar transactions were more active than ruble transactions on the Armenian interbank currency market.
The Armenia EXPO 2026 international forum and exhibition opened in Yerevan
IDBank Warns of a New Extortion Scheme on Telegram
Payment systems Arca and UnionPay International signed a cooperation agreement on online payment acceptance.
A glass processing plant has opened in Armenia, with total investment exceeding $20 million.
Cipriani Group is considering investment opportunities in Yerevan
The second power unit of the Armenian Nuclear Power Plant has been connected to the country`s unified power grid after a five-month shutdown
Armenia and Turkmenistan note the importance of expanding trade and economic ties and taking consistent steps in this direction.
The State Revenue Committee of Armenia has identified a particularly large case of tax evasion in the trade sector.
The Ministry of Technology and Industry discussed new areas of cooperation with the World Bank
Armenian businesses account for less than three percent of the number of companies with foreign participation in Russia
“Orran” Students Start the New Academic Year with Support from “The Power of One Dram”
Following Russian restrictions, Armenia exported 30,000 tons of fruits and vegetables to new markets – Papoyan
Pashinyan: The issue of constructing a nuclear power plant is not a matter of geopolitical choice for the Armenian side
In Armenia, the minimum threshold for VAT refunds on exported goods purchased by foreign citizens in the country will be revised.
Yerevan is discussing with Moscow the issue of its participation in the construction of the Ajapnyak metro station.
Inflation in Armenia`s consumer market remains outside the target
Russia`s low-power nuclear power plants are unrivaled in the world, says Vladimir Putin.
Armenia will attract an additional $293 million from the ADB for the implementation of the third program for the construction of seismically resistant schools
A simplified customs corridor will be established between Armenia and Iran
The OPEC Fund for International Development will provide Armenia with a loan of 80 million euros aimed at supporting the state budget
The Government of the Republic of Armenia has approved another program to support agricultural exporters
Rosatom CEO: Armenia`s plans to deploy small modular reactors may shift to gigawatt-capacity reactors
Russia remains the main supplier of wheat, corn and wheat flour for Armenia.
Alexey Overchuk rejected Pashinyan`s claims about Russian Railways being "toxic" to Armenia.
Papoyan: We continue to search for new markets
Armenia moderately reduced wine exports in 2025, while significantly increasing imports.
Mexico and the United States are the main suppliers of cars to Armenia
The EU gives the green light to imports of products from Armenia
TOUR EXPO 2026: Yerevan to Host International Tourism, Travel, and Hospitality Exhibition
Gevork Papoyan has a new deputy, he is an Oxford graduate
Anushik Avetyan appointed Chairperson of the RA Tourism Committee
The volume of foreign trade rail freight traffic between Russia and Armenia increased by 63.4%, according to the Russian Ministry of Transport
Registration Open for the Second Investment and Financial Forum of Armenia 2026
Representatives of the Armenian Nuclear Power Plant and the Slovenian Electric Power Company note the importance of exchanging experience and best practices
Russia and Iran are the main importers of natural gas to Armenia.
Russia`s Transport Minister: Armenia is not formally refusing anything regarding the concession issue.
In 2025, aluminum foil exports from Armenia decreased by 5.2%, while customs value increased by 20.8%.
Dismantling of the Main Post Office building has begun on Saryan Street
The Russian Federation is very scrupulous about fulfilling all the conditions of the concession for Armenian railways.
In 2025, Armenia increased its import of petroleum products, expanding its supply markets
Bulgarian airline GullivAir will launch a regular direct flight on the Sofia-Yerevan-Sofia route
Armenia has reduced sugar imports, with Brazil and Russia remaining its main suppliers.
Armenia has significantly reduced its diamond exports and imports.
Gold exports and imports, after a multiple increase in 2024, decreased by 82.2-75.7% in 2025
Dollarization rate of demand deposits up since May 2026, while declining in loans and term deposits
RA premier highlights need to develop trade and economic cooperation between Armenia and Tajikistan
Armenia`s gross international reserves reach new record high of $6.189bln by August 2026
Over 200 teenagers from 15 countries participate in annual TUMO camp with Team support
Lydian Armenia to allocate over $100mln to communities affected by Amulsar gold mine development program
EDB expects strong economic activity in Armenia to continue in 2026, driven by domestic sources of growth
Tehran calls for removal of all obstacles to transit of goods and people through Nurduz border crossing on Iranian-Armenian border
RA Minister of Economy highlights importance of diplomatic missions` active participation in advancing economic diplomacy agenda
Salary Is More Than Just Income: How to Turn It into a Financial Tool. IDBank
On the Armenian interbank currency market from August 24 to 28, a decline in dollar transactions was accompanied by an increase in euro and ruble transactions.
Expert: Armenian authorities consider imports from Azerbaijan as alternative to developing domestic generation
Leading volume of transfers comes to Armenia from Russia, while they flow out to US and UAE
David Khudatyan to participate in international maritime forum in Batumi
RA vice-premier, Minister of the Eurasian Economic Commission discuss work to remove technical barriers
In Armenia, non-cash card transactions reached $6.3 billion in first half of 2026, 61% of total
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Currency Market

Indicators

Friday, September 4 2026 14:40

Alina Hovhannisyan

Cipriani Group is considering investment opportunities in Yerevan

ArmInfo. Yerevan Mayor Tigran Avinyan met with Giuseppe Cipriani, Chairman and CEO of the international premium hospitality group Cipriani Group.

During the meeting, the parties discussed investment opportunities in Yerevan, as well as possible cooperation formats.

Cipriani Group encompasses restaurants, hotels, residences, and real estate projects. The company is developing business in the United States, the UAE, Qatar, Saudi Arabia, Hong Kong, Italy, and other countries.