Construction and operation of storage power plants in Armenia to become new activity subject to licensing Monday, May 11 2026
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 ArmInfo. The construction and operation of storage power plants in Armenia will become a new activity subject to licensing. At an extraordinary session of the National Assembly of the Republic of Armenia on May 11, draft amendments to the laws "On Licensing," "On Energy," and "On State Duty" will be discussed in the first reading. |
ArmInfo. Steps will be taken in Armenia to protect the rights of minority shareholders in joint-stock companies. The National Assembly of the Republic of Armenia will discuss amendments to the law "On Joint-Stock Companies" in the first reading at an extraordinary session on May 11.
ArmInfo. In Armenia, economic activity growth accelerated to 7.1% annually in January-March 2026 (from 4.1% in the same period of 2025), driven by the construction and industrial sectors. According to the final data from the RA Statistics Committee, this was accompanied by an improvement in foreign trade dynamics, with a transition from a significant decline to moderate growth.
ArmInfo. Grant Akopian, CEO and Chairman of the Management Board of Converse Bank CJSC was elected as the AmCham Board member on April 29.
ArmInfo. From May 5 to 8, 2026, both USD and RUB transactions decreased in Armenia's interbank foreign exchange market. Euro transactions have not been carried out for nearly three months. The decrease in dollar transactions accelerated from 37.2% to 70.1%, and the trend in ruble transactions also declined by 13% (from a 12.4% increase).
ArmInfo. After two years of inactivity, agricultural insurance in Armenia has finally picked up since 2026. According to the National Agricultural Insurers Agency (AINA), 3,626 contracts were concluded in the first quarter of 2026, with total insurance premiums amounting to 705.5 million drams ($1.9 million), of which 55% (387.7 million drams) was the share of insurance companies, and 45% (317.9 million drams) was subsidized.
ArmInfo. Minister of Health Anahit Avanesyan announced on April 29 that there are currently no initiatives to revise insurance premium amounts for 2027. Speaking at a press conference, the Minister clarified that in accordance with established procedure, the Ministry submits an annual report to the National Assembly for the previous year, along with conclusions for the following year regarding the need to revise the amount of insurance payments.
ArmInfo. According to the latest data from the Statistical Committee of Armenia, the country's beverage industry saw a broad recovery in the first quarter of 2026. Nearly all domestic alcoholic beverages recorded growth, marking a significant departure from the steep declines seen a year prior.
ArmInfo. Armenia's power generation accelerated in Q1 2026, with annual growth rising from 6.5% to 7.3%. Total output reached 2,817.6 million kWh, according to the latest figures from the Statistical Committee of the Republic of Armenia.
ArmInfo. Representatives from 15 countries will gather in Almaty on June 25-26 to discuss the most pressing issues in Eurasia: logistics, Islamic finance, artificial intelligence, digital transformation, and more.
ArmInfo. "The countries of Central Asia, as a region emerging from the USSR, inherited a difficult legacy - outdated technologies," said Erlan Nysanbayev, Minister of Ecology and Natural Resources of Kazakhstan, during a meeting with international journalists who arrived in Astana to cover the Regional Environmental Summit (RES).
ArmInfo. Energy storage, green hydrogen, and renewable energy: these topics were discussed at a meeting between Armenian Ambassador to Germany Viktor Yengibaryan and the Director of the Rainer Lemoyne Institute, Professor Katrin Goldammer.
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.
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.
ArmInfo.Armenia is open to Emirati investments in logistics, infrastructure, renewable energy, tourism, high technology, agriculture, industry, and other areas, as stated by Armenian Minister of Economy Gevorg Papoyan during a meeting with Omran Sharaf, Deputy Foreign Minister of the United Arab Emirates (UAE) for Advanced Science and Technology, and Nariman Al- Mulla, UAE Ambassador to Armenia.
ArmInfo. Reverse mortgage institution will be introduced in Armenia. The RA government approved amendments to the Civil Code and a package of related laws at its April 2 meeting.
ArmInfo.In 2025, there were 11,070 mortgage transactions concluded in Armenia, exceeding the 2024 figure by 32.2%, according to data from the State Committee of Real Estate Cadastre of the Republic of Armenia.
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