ArmInfo. Armenian Economy Minister Gevorg Papoyan will be on a working visit to Kazakhstan from August 12 to 14.

ArmInfo.A major new chapter in Armenia’s AI development begins with the opening of the Firebird AI factory, as noted in a statement  issued by the U.S.   Embassy in Armenia, posted on its official Facebook page.

ArmInfo. In January-July 2026, 1.240 million tourists visited Armenia, a 7% increase compared to the  same period last year.

ArmInfo.  The opening of the Firebird AI plant in Hrazdan and the deployment of the highly  powerful NVIDIA Blackwell/Rubin infrastructure (18 MW currently, 300  MW in the future) is truly a significant achievement, allowing  Armenia to take a truly prominent place on the global technological  map. Levon Zurabyan, Deputy Chairman of the Armenian National  Congress, wrote about this on his Facebook page.

ArmInfo.  Armenian Minister of High-Tech Industry David Tadevosyan met with Kazakhstan's Deputy  Prime Minister and Minister of Artificial Intelligence and Digital  Development Zhaslan Madiyev.

ArmInfo. Armenian Deputy Prime Minister Mher Grigoryan met with Kazakh Deputy Prime Minister  and Minister of Artificial Intelligence and Digital Development  Zhaslan Madiyev.

ArmInfo. The vacation season traditionally becomes a peak time not only for tourists, but also for scammers. One of the most dangerous schemes in recent years targets users of hotel booking services. What makes it particularly dangerous is that the scammers’ message may arrive through an official communication channel and contain real details about your trip.

ArmInfo.The Council of the Eurasian Economic Commission (EEC) has allocated an additional quota to Armenia for the duty-free import of electric vehicles. Gevorg Papoyan, Armenia's Minister of Economy, announced this update in a video posted on his official Facebook page.

ArmInfo.During the week of August 3 to 7, 2026, activities on Armenia's interbank foreign exchange market were characterized by a higher volume of Russian  ruble transactions compared to US dollars and euros. Specifically, the decline in dollar transactions accelerated from 40.3% to 62.5%, while the trend in ruble transactions increased from a 57% decline to a 98% increase.

ArmInfo. By the decision of Prime Minister Pashinyan, Tatev Aslanyan has been appointed Deputy Minister of High-Tech Industry of Armenia. Aslanyan holds a degree from Erasmus University Rotterdam (Netherlands).

ArmInfo. The Hotel Association of Armenia NGO has won the tender to become the authorized organization responsible for assigning star ratings to  hotel facilities in the country. According to the Tourism Committee press service, an official agreement was signed between the Committee  and the Association on August 7.

ArmInfo. In Armenia, tax compliance indicators improved in the first half of 2026. According  to the press service of the State Revenue Committee of the Republic  of Armenia, enhancing the efficiency of tax administration, promoting  voluntary compliance among taxpayers, and ensuring a more targeted  and predictable administrative framework remain key priorities for  the agency.

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.