ArmInfo. Armenian Minister of Economy Gevorg Papoyan received representatives of the World Bank  (WB) and the Armenian Territorial Development Fund.

ArmInfo.  Armenia's dominant export, mineral raw materials, has increased significantly in volume,  while its main import, machinery and equipment, has achieved double-  digit growth from stagnation. This is evidenced by data from the  Statistical Committee of the Republic of Armenia for the first half  of 2026.

ArmInfo.  The amendments to the Law "On the Structure and Activities of the Government" adopted by  the Armenian Cabinet yesterday raise a number of problematic issues.  Economist Haykaz Fanyan wrote about this on his Facebook page. 

ArmInfo.  The EU's share of Armenia's foreign trade increased to 17.8% in the first half of 2026  (from 12.1% a year ago), while the EAEU's share decreased to 29.4%  (from 36.3% a year ago). According to data from the RA Statistics  Committee, foreign trade turnover with the EU accelerated  year-on-year from 9.5% to 46.2%, reaching $1.7 billion, while with  the EAEU, it slowed from 53.7% to 19%, reaching $2.8 billion.  Moreover, among the EAEU countries, only Russia recorded a decline in  trade, while most EU countries chose to increase their  volumes-including Germany, Bulgaria, Italy, France, Belgium, Poland,  Spain, Austria, Lithuania, the Czech Republic, Cyprus, Slovakia,  Hungary, and Portugal-many of them significantly.

ArmInfo.  The State Revenue Committee of Armenia has uncovered tax violations at another property  owned by arrested Prosperous Armenia Party leader and businessman  Gagik Tsarukyan. This time, the violations relate to the Arinj Mall  fair in the Kotayk region.

ArmInfo. One of the world's largest fast-food restaurant chains, the international brand Subway,  is considering entering the Armenian market. This was reported by the  press service of the Ministry of Economy, citing the results of a  meeting between Armenian Minister of Economy Gevorg Papoyan, Efe  Celik, Regional Director of the international brand Subway, and  Armenian investor Levon Hayrapetyan.

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.Moody’s Ratings has changed the outlook on IDBank’s long-term deposit ratings to positive from stable.

ArmInfo.According to data from the  Statistical Committee of the Republic of Armenia,  the consumer market in Armenia recorded an annual inflation rate of 4.5% in July 2026 compared to July 2025 (up from 3.4% a year earlier),  driven primarily by rising food prices.

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. Agricultural risk insurance is gaining momentum in Armenia, finally picking up in 2026 after two years of inactivity.

ArmInfo.  On August 6, another transit shipment was made from Russia to Armenia via Azerbaijan.

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. Armenia will launch a hotel classification system assigning categories ("stars"). This was  announced by Lusine Gevorgyan, head of the Tourism Committee of  Armenia.

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. Electric Networks of Armenia CJSC will be transferred to trust management. RA Prime Minister Nikol Pashinyan announced this at a government meeting on August 6.

ArmInfo. A company created specifically for this purpose, "Gaming Analysis and Monitoring System," founded by the Maltese company "Random Systems International LLC," will regulate gambling activities.

ArmInfo.  AMD 19.6bln will be allocated for the continuation of the road construction program in Armenia. The decision was made at a government meeting on August 6.

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.Converse Bank is expanding its cooperation with Visa, a world leader in digital payments, by announcing the launch of a new phase of partnership focused on enhancing the customer experience and advancing customer loyalty solutions.    This phase of the partnership is particularly significant at the current stage of the Bank's strategic development, as the Bank continues to enhance its C360 ecosystem and the Converse Mobile application, delivering a more personalized and valuable experience for customers.     As the partnership enters a new phase, Converse Bank will gain access to Visa’s advanced technological solutions and global expertise, enabling the Bank to further enhance the capabilities of the C360 ecosystem, develop loyalty tools, and provide customers with value-added solutions while expanding access to innovative services tailored to their evolving needs.  Since the partnership began in 2002, Converse Bank and Visa have collaborated across a broad range of initiatives, from payment card products and international payment services to technology innovation, global expertise, and advisory support.   The new phase of the partnership highlights expanded opportunities to leverage emerging technologies, reflecting the evolution of banking beyond traditional financial services. Through access to Visa's technology solutions and expertise, the Bank aims to further strengthen its digital capabilities and deliver innovative, customer-centric experiences.