Monday, August 4 2025,
ArmInfo. Armenian brands will be presented for the first time at Copenhagen Fashion Week (CPHFW), taking place from August 6 to 8 in the Danish capital. As ArmInfo was informed by the press service of the Fashion and Garment Chamber of Armenia (FGC), Armenian brands, including Ariga Torosian, Avetisian Jewelry, Loom Weaving, Ruzane, Soncess and True Romance will take part in the three-day POET Concept showroom as part of CFW. |
Monday, August 4 2025,
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Monday, August 4 2025,
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). |
Monday, August 4 2025,
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. |
Monday, August 4 2025,
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. |
Monday, August 4 2025,
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. |
Monday, August 4 2025,
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. |
Monday, August 4 2025,
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. |
Saturday, August 2 2025,
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). |
Friday, August 1 2025,
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Friday, August 1 2025,
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Friday, August 1 2025,
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Friday, August 1 2025,
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Thursday, July 31 2025,
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Thursday, July 31 2025,
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. |
Thursday, July 31 2025,
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. |