Economy

Armenia’s Exports to EU Countries Increase by Over 80% to $516 Million in the First Half of 2026

Armenia exported more than $516 million worth of goods to European Union countries in the first half of 2026, over 80 percent above the roughly $287 million recorded in...

Firebird Opens First Phase of Its $5 Billion Armenia AI Factory, Scaling to 70,000 NVIDIA GPUs by 2027

Firebird officially opened the first phase of its flagship AI Factory in Armenia's Hrazdan...

Meet the Armenian Team that Built a Data Platform That Outruns Global Competitors

In the world of enterprise software, the strongest products are often assumed to come...

Armbrok Rebrands as ROQ Capital, Marking a New Era for Armenia’s Expanding Investment Sector

On April 29, a significant event for Armenia’s investment sector took place in Yerevan: the investment company “Armbrok,” with over 30 years of history,...

Armenia’s Economic Activity Grows 7.1% As Foreign Trade Turnover Rises 4.6% To $4.7 Billion In The First Quarter Of 2026

Armenia’s economic activity grew by 7.1% in the first quarter of 2026 compared to the same period last year, while foreign trade turnover rose...

100 New Starlink Terminals Arrive In Armenia To Bring Fast, Stable Internet To Remote Schools Nationwide

A new batch of 100 Starlink terminals, donated to the Government of Armenia, has arrived in the country through cooperation between the American company...

Armenia’s GDP Grows 7.2% In 2025, Reaching $29.2 Billion

Armenia’s Gross Domestic Product (GDP) in 2025 increased by 7.2% compared to 2024, totaling 11,317,508,700,000 drams ($29.2 billion), with GDP per capita reaching 3,666,540...

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