Real Estate & Digitalization: Prime Minister Nikol Pashinyan said Yerevan’s housing market is gaining momentum, driven by foreign buyers and the diaspora, and the government will push reforms to simplify transactions without hurting trust; the Cadastre Committee also plans new initiatives to accelerate real estate digitalization and spatial data tools. Energy Strategy: Pashinyan reiterated the goal of 100% energy independence while keeping open electricity trade; he warned AI-driven demand could force a rethink of the energy strategy, as Armenia’s generation rose 10% in H1. TRIPP & Railways: Pashinyan said Armenia wants a friendly, compromise-based solution with Russia on South Caucasus Railways, including possible full or partial sale of concession rights; separately, Aliyev floated electricity supply to Armenia and a transmission route via Armenia to Nakhchivan, tying it to TRIPP. Sanctions & Banking: Armenia’s Central Bank tightened rules from Aug. 12 requiring banks to detect and block potential sanctions-evasion transactions linked to Russia. Agri-Exports & EAEU Pressure: Armenia will pay 5.36bn dram in state support to exporters for July shipments; at the same time, Russia’s import restrictions continue, while Armenia seeks to expand agricultural cooperation with Iran and keep dialogue with Russia active. AI Investment: Firebird’s AI expansion and the rapid buildout of AI facilities are increasingly shaping Armenia’s power planning. Finance for SMEs: VTB (Armenia) rolled out an “Express” small-business loan product offering up to 20m dram with fast processing.