Economy

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 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...

Armenia The Editor -

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...

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 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...

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...

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...

Armenia’s Foreign Trade Turnover Down 40% In January To $1.4 Billion

The volume of Armenia’s foreign and mutual trade turnover in January 2025 decreased by 40% compared to January 2024, amounting to $1.37 billion, according...

Accor Partners With Technotun To Bring The World-Renowned Pullman To Armenia With A Landmark 20,000-Square-Meter Complex Opening In Yerevan In 2027

Accor, a world-leading hospitality group, has signed an agreement with Technotun, a major real estate operator in Armenia, to introduce Pullman, a globally recognized...

Armenia’s GDP Increases 5.2% in Quarter 3 Of 2024

Armenia's GDP grew by 5.2% in the third quarter of 2024 compared to the same period in 2023, reports Armenpress. The country's GDP in Q3...

Armenia’s Exports To The U.S. Increase By 25% To $50.2 Million While Overall Trade Turnover Declines By 59%

Armenia's exports to the United States increased by 25% in the first ten months (January-October) of 2024, reaching $50.2 million, according to a Facebook...

Colliers International Secures $250 Million Mandate To Build State-Of-The-Art World Trade Center In Armenia’s Capital, Yerevan

Colliers International, a top global commercial real estate brokerage, has secured a $250-million mandate through its division Colliers Project Leaders " Middle East, a...

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