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Ingushetia, Chechnya, and Dagestan Lead Russian Regions in Share of Overdue Loans
Economy
Ingushetia, Chechnya, and Dagestan Lead Russian Regions in Share of Overdue Loans
24 September 2026

Ingushetia, Chechnya, and Dagestan rank among the Russian regions with the highest shares of overdue loan debt. Data for the second quarter of 2026 comes from a study by the "For Borrowers' Rights" project—part of the "People's Front" (Narodny Front) civic movement—with findings published by Readovka.News.

AI Center Aiming to Become One of Europe’s Largest Launches in Armenia
Economy
AI Center Aiming to Become One of Europe’s Largest Launches in Armenia
22 September 2026

In August, the American startup Firebird launched an AI-focused data center in Hrazdan, located approximately 45 kilometers from Yerevan. The company plans to ramp up the facility's capacity to 300 MW and install over 70,000 Nvidia chips by the end of 2027.

Trump Tower Project Unveiled in Georgian Capital
Economy
Trump Tower Project Unveiled in Georgian Capital
16 September 2026

The Trump Tower Tbilisi project—a complex of buildings slated for construction on the site of the former hippodrome in the Saburtalo district—was unveiled in Tbilisi. Representatives from the development companies and Georgian officials, including Prime Minister Irakli Kobakhidze, attended the event.

Most Victims of Spring Floods in Dagestan Have Still Not Received Compensation
Human rights
Most Victims of Spring Floods in Dagestan Have Still Not Received Compensation
30 August 2026

Efforts to deal with the aftermath of the spring floods, which caused widespread destruction in Dagestan, are still underway. Nearly five months after the disaster, the authorities said that one-off payments had been approved for 85,000 residents. According to their figures, the total amount paid has exceeded 3.26 billion roubles. At the same time, the republic has begun issuing housing certificates to people whose homes were completely destroyed or seriously damaged. The first 68 certificates were received by residents of the Khasavyurt and Derbent districts.

Armenia Looks for New Export Markets as Fruit and Vegetable Shipments to UAE Set to Begin in September
Economy
Armenia Looks for New Export Markets as Fruit and Vegetable Shipments to UAE Set to Begin in September
28 August 2026

Armenia plans to begin regular shipments of fresh fruit and vegetables to the United Arab Emirates in September. At the initial stage, export volumes could reach up to 40 tonnes a week. Armenia’s Economy Ministry announced this on August 27 following a meeting between Economy Minister Gevorg Papoyan and Omar Mohammad Hamdan Abdullah Al Shamsi, the founder and CEO of UAE-based company Watermelon Ecosystem. The sides signed a memorandum of understanding following the meeting.

Russians' ruble deposits in Georgia increased amid rumors of military mobilization
Economy
Russians' ruble deposits in Georgia increased amid rumors of military mobilization
27 August 2026

The volume of Russian ruble deposits in Georgian banks has risen sharply amid fresh rumors of possible military mobilization in Russia. In July, the figure increased by almost a third over the month, reaching 98.6 million lari—approximately 3.1 billion rubles. Compared to July of last year, the volume of ruble deposits in Georgian banks has grown by 48.4%. This trend was highlighted by BPN, which analyzed statistics from the National Bank of Georgia.

Ingushetia has Russia's highest MTPL loss ratio
Economy
Ingushetia has Russia's highest MTPL loss ratio
18 August 2026

All regions of Russia's North Caucasus were among the country's regions where motor third-party liability insurance payouts, including insurers' operating expenses, reached or exceeded the amount of premiums collected. The most severe situation was recorded in Ingushetia, where the ratio reached 467%, according to data from the Russian Union of Motor Insurers (RUA).

Chechnya and Ingushetia rank among Russia's lowest regions for above-average salaries
Economy
Chechnya and Ingushetia rank among Russia's lowest regions for above-average salaries
18 August 2026

Chechnya and Ingushetia have ranked among the lowest Russian regions by the share of workers earning more than the national average. In both republics, only 5.8% of employees earn above the country's average salary, according to a study by RIA Novosti.

Economy
"The harvest on the trees can't wait": farmers in Armenia block highway
17 August 2026

Farmers from the villages of Khandjyan and Atsik in Armenia's Armavir region blocked the Armavir–Yerevan highway, demanding a solution to the problem of selling their peach harvest. Buyers are offering around 100 drams per kilogram—approximately 23 rubles—whereas farmers consider a price of at least 150 drams to be acceptable.

New car sales in Russia’s North Caucasus fall by 21%
Economy
New car sales in Russia’s North Caucasus fall by 21%
16 August 2026

New car sales across Russia’s North Caucasus fell by 21% in July compared with the same month last year. The sharpest decline was recorded in Dagestan, where the new-car market nearly halved over the year.