Business

Armenia Approves €150 Million Loan Deal with French Development Agency to Cover 2025 Budget Deficit and Strengthen Financial Sector

The Armenian Cabinet approved on Thursday a new loan agreement between the Armenian government and the French Development Agency (FDA). Deputy Prime Minister Tigran Khachatryan, who chaired the meeting,...

Armenia The Editor -

Armenia’s President Meets Amazon & Libra Group Executives to Boost High-Tech, AI, Cybersecurity and Renewable Energy Projects in Armenia

During his working visit to New York, President of Armenia Vahagn Khachaturyan met with...

Armenia The Editor -

Armenia’s IT Sector Achieves Over 30% Growth in First Half of 2025, Adds Nearly 900 New Jobs

Armenia’s information technology industry grew by 30.4% in the first half of 2025 compared...

Armenia The Editor -

DigiTec 2025, Armenia’s Largest Tech Event, to Welcome Over 40,000 Visitors, Hundreds of Global Tech Leaders From 20 Countries & 250 Companies to Yerevan...

Armenia’s flagship technology event, DigiTec 2025, will take place in Yerevan on October 10–12...

Armenia The Editor -

Latest

Armenia Approves €150 Million Loan Deal with French Development Agency to Cover 2025 Budget Deficit and Strengthen Financial Sector

The Armenian Cabinet approved on Thursday a new loan agreement between the Armenian government and the French Development Agency (FDA). Deputy Prime Minister Tigran...

Armenia’s President Meets Amazon & Libra Group Executives to Boost High-Tech, AI, Cybersecurity and Renewable Energy Projects in Armenia

During his working visit to New York, President of Armenia Vahagn Khachaturyan met with Franco Spicciariello, Director of Public Policy for the European Union...

Armenia’s IT Sector Achieves Over 30% Growth in First Half of 2025, Adds Nearly 900 New Jobs

Armenia’s information technology industry grew by 30.4% in the first half of 2025 compared to the same period last year, according to Sergey Muradyan,...

DigiTec 2025, Armenia’s Largest Tech Event, to Welcome Over 40,000 Visitors, Hundreds of Global Tech Leaders From 20 Countries & 250 Companies to Yerevan...

Armenia’s flagship technology event, DigiTec 2025, will take place in Yerevan on October 10–12 and is set to become the largest in its history....

Armenia’s Economy Minister Highlights Faster GDP Growth, Reaching 5.9% in Quarter 2

Armenia’s economy saw stronger growth in the second quarter of 2025, with GDP expanding by 5.9 percent compared to 5.1 percent in the first...

Armenia’s Exports to the Eurasian Economic Union (EAEU) Hit $1.8 Billion in the First Seven Months of 2025

Armenia’s exports to the Eurasian Economic Union (EAEU) totaled $1.78 billion between January and July 2025, Economy Minister Gevorg Papoyan announced. The figure represents...

Team Telecom Armenia to Become First in Region to Replace 2G with Advanced Networks, Launching Program to Provide New Phones to Subscribers

Team Telecom Armenia has announced the launch of a large-scale project to optimize and modernize its mobile network. Aimed at significantly improving connectivity and...

Team Group Launches New Solar Power Station in Armenia’s Gegharkunik With Annual Output of 16 Million kWh

In July, the Team Group of Companies launched a new solar power station in Armenia’s Gegharkunik Province with an annual output of 16,000,000 kWh. The...

Armenia’s Economy Minister Says $13.3 Million Gained From $6 Million Jennifer Lopez Concert as 15,000 Tourists Attend, Calls for More International Star Performances

Armenia’s Economy Minister Gevorg Papoyan said on Facebook that the country received over $13.3 million in returns for the $6 million invested in Jennifer...

Armenia’s Economic Activity Index Up 5.7% in January–May 2025, Led by Construction And Services Growth, Despite Sharp Industrial Decline

Armenia’s economic activity index rose by 5.7% in the first five months of 2025 compared to the same period last year, according to data...

BREAKING: Armenian Billionaire & Philanthropist Samvel Karapetyan Detained for Two Months Over Church Support; Lawyers Call Decision “Absurd & Unlawful”

Prominent Armenian-Russian billionaire businessman and philanthropist Samvel Karapetyan has been detained for two months by the Criminal Court of the General Jurisdiction of Yerevan. The...

Armenian-Founded Gecko Robotics Reaches Historic Unicorn Status With $1.25 Billion Valuation

Gecko Robotics, co-founded and led by Armenian-American entrepreneur Jake Loosararian, has officially reached unicorn status. The Pittsburgh-based company just raised $125 million in a...

BREAKING: $500 Million AI Factory To Launch In Armenia By 2026, Powered By NVIDIA, Making it A Regional AI Powerhouse

Armenia is set to become a regional powerhouse in artificial intelligence. Firebird, a San Francisco– and Yerevan-based AI cloud startup, has officially announced a...

Baby with Rare Disease Thrives After Life-Saving World-First Gene Therapy Made by Nobel Laureate, Descendant of Armenian Genocide Survivor

A baby born with a rare and dangerous genetic disease is growing and thriving after getting an experimental gene editing treatment made just for him, reports the Associated Press. Researchers described the...

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