Economy
Electricity production in Armenia saw a 10% rise from January to June, totaling 5.16 billion kWh
From January to June 2026, Armenia produced 5,163.7 million kWh of electricity, marking a 10% increase compared to the same period in 2025, as reported by the Statistical Committee of Armenia.Armenia explores alternative natural gas supply options amid potential price shifts from Russia
Armenia is actively looking into ways to diversify its natural gas supplies should Russia rise its price, stated Sargis Khandanyan, a member of the ruling Civil Contract faction, during a briefing on Tuesday.Armenia and the U.S. Chamber of Commerce discussed expanding cooperation in the economy, energy, and IT
Acting Deputy Foreign Minister of Armenia Vahan Kostanyan met with Kush Choksi, Senior Vice President for International Affairs, Middle East, Turkey, and Central Asia at the U.S. Chamber of Commerce.Industrial output in Armenia increased by 10.8% to 1.52 trillion drams in January-June 2026
Industrial output in Armenia in January-June 2026 amounted to 1,522,502.1 million drams, an increase of 10.8% compared to January-June 2025, according to data published by the Statistical Committee.Armenia's construction sector reports 24.5% surge in the first half of 2026
Armenia's construction sector surged by 24.5% in the first half of 2026 compared to the same period in 2025, reaching 282.2 billion drams, as reported by Yeghiazar Vardanyan, Chairman of the Urban Development Committee, on the occasion of Builders' Day.Veolia Jur has invested 184 million drams in reconstructing water supply networks in two communities in Armenia's Ararat region
Veolia Jur announced that, as part of its mandatory capital works program, it has invested 184 million drams in reconstructing water supply systems in two communities in the Ararat region – Arevshat and Lanjazat.Armenia's foreign trade turnover in the first half of the year decreased by 0.1%, amounting to $9.57 billion: stagnation amid a shift in geography
Armenia's foreign and mutual trade turnover in January-June 2026, compared to January-June 2025, decreased by 0.1%, amounting to $9,570,938.7 thousand, according to the Statistical Committee.Difficulties with exporting Armenian products to Russia are a consequence of a possible severance of economic ties – Russian Foreign Ministry
Difficulties with exporting Armenian products are not related to Russian restrictions, but are a consequence of a possible severance of traditional economic ties.A $500 million hotel, entertainment, and gaming complex is planned for construction in Yerevan
On August 6, Armenian Economy Minister Gevorg Papoyan met with representatives of Global Tribe Gaming, which plans to create a hotel, entertainment, gaming, and tourism complex in Yerevan in collaboration with the Dvin Hotel Complex and Seven Visions Resort & Places, the ministry's press service reported.Rubinyan expressed concern to Matviyenko regarding unjustified restrictions on the export of Armenian goods to the Russian market
During a telephone conversation, Armenian National Assembly Speaker Ruben Rubinyan and Chairperson of the Federation Council of the Federal Assembly of the Russian Federation Valentina Matviyenko addressed a number of issues related to the current stage of bilateral relations between Armenia and Russia."Electric Networks of Armenia" CJSC transitions from crisis management to sustainable development: CEO
"Electric Networks of Armenia" CJSC will transition from crisis management to a large-scale sustainable development process as of August 3, announced Romanos Petrosyan, the company's interim CEO, summing up the results of an extended working meeting.Public Services Regulatory Commission of Armenia has extended the license for the Hrazdan-5 power unit
The Public Services Regulatory Commission (PSRC) of Armenia has extended the license of Gazprom Armenia CJSC for the thermal energy production at the Hrazdan-5 power unit until August 13, 2027.Former CEO of Multi Group and director of one of the concern's companies detained in Armenia
The Investigative Committee of Armenia reports the detention of the chairman of the board of directors and former CEO of Multi Group, S.A. (Sedrak Arustamyan - ed.), and the director of one of the concern's companies, A.D. (Artur Dallakyan - ed.), in criminal proceedings for alleged large-scale fraud and money laundering.News 1 - 20 of 16746
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