ArmInfo.  UATE and Ameriabank have announced a groundbreaking partnership in the fintech sector, whereby Ameriabank has become a member of the Union of Advanced Technology Enterprises (UATE).

ArmInfo. The only solution to most of the problems in the regions of Armenia is the restoration of industry. This opinion was expressed in a new video address by Narek Karapetyan, the first vice-president of the Tashir Group of Companies and Chairman of the Board of Directors of Electric Networks of  Armenia CJSC.

ArmInfo.  The concert of Jennifer Lopez in Yerevan contributed $13.3 million to  the state budget of Armenia, with  the state allocating $6 million for the  event's organization. Gevorg Papoyan, the Minister of Economy of  Armenia,  shared this information  on his Facebook page,  referring  to the results of the study by the Italian-Armenian consortium on the  spending of tourists in  Armenia.

ArmInfo. The hottest concert evening of this summer with Team Telecom Armenia. The company, having become the official 5G partner of Jennifer Lopez's solo concert, announces the launch of the 5G network in the center of Yerevan.  Thousands of Team subscribers will be able to enjoy the concert at  the Vazgen Sargsyan Republican Stadium thanks to the latest network,  feeling the speed of the game.  According to the company's press  service, its 5G network is already available in Erebuni, Nubarashen,  Shengavit administrative districts, and after the network is launched  in the Kentron administrative district, it will be available in 47%  of Yerevan.

ArmInfo. Arshaluys Harutyunyan, the Department Head of  the Macroeconomic Policy Department at the Ministry of Finance of the Republic of Armenia, along with department employees, held meetings in the Russian Federation with representatives from the Scientific Research Financial Institute of the Ministry of Finance of the Russian Federation and colleagues from the Russian Ministry of Finance.

ArmInfo. Armenia's gross international reserves (GIR) increased by 21% per annum or $693.2 million to $4.047 billion by July 2025, while a year ago a decline of 14.2% or $555 million was recorded. Thus, GIR began to approach the historical maximum of $4.2 billion, recorded in August 2023. This is  evidenced by data from the Central Bank of the Republic of Armenia.

ArmInfo.  In order to ensure its activities and fulfill its obligations, Electric Networks of Armenia CJSC (ENA) plans to hold an open tender for the purchase of design services in the energy sector (cable and overhead power lines, construction of substations and creation of other engineering  infrastructure).

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ArmInfo. During his visit to Syunik, Armenian President Vahagn Khachaturyan visited the substation of the 400-kilovolt Iran-Armenia power transmission line (PTL), located near the settlement of Noravan.

ArmInfo.  IDBank presents the Mastercard Business Preferred, a new card designed specifically for businesses. It not only opens global opportunities for business travelers but also comes with a range of exclusive benefits.

ArmInfo. From today, the Commission for the Protection of Competition (CPC), previously called the State Commission for the Protection of Economic Competition, will be renamed the Commission for the Protection of Competition and Consumer Rights.

ArmInfo. Acting Manager of Electric Networks of Armenia CJSC Romanos Petrosyan announced the procurement process within the framework of the investment program worth 50 billion drams (about $125 million).

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ArmInfo. In August 2025, a  laboratory for isotope analysis of brandy art operating in Armenia,  RA Minister of Economy Gevorg Papoyan said at a meeting of the RA  government on July 31, touching upon the problems associated with the  export of Armenian brandy.

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.

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.

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).

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