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Dagestan ranks among the top three Russian regions with the least affordable mortgages
Economy
Dagestan ranks among the top three Russian regions with the least affordable mortgages
28 September 2026

Dagestan has emerged as one of the Russian regions facing the most difficult situation in the mortgage lending market. According to a study by RIA Rating, the republic ranked third on the list of Russian regions with the lowest mortgage affordability. Only Crimea and Sevastopol posted worse figures.

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.