Economy

Armenia to Export Up to 40 Tons of Fresh Produce a Week to UAE Starting in September Under New Deal

Armenia will begin exporting up to 40 tons of fresh fruit and vegetables a week to the United Arab Emirates starting in September, under a memorandum of understanding signed...

Armenia Opens New 10-Hectare AI-Run Tomato Greenhouse in Aragatsotn With a $26.7 Million Investment

Agro Prom has opened a state-of-the-art tomato greenhouse in Aragatsotn Province, investing roughly 9.7...

S&P Cuts Armenia’s 2026 Growth Forecast to 4.9% as Russian Bans Hit Armenian Exports Worth 2% of GDP

S&P Global Ratings affirmed Armenia's BB-/B long- and short-term foreign and local currency sovereign...

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...

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 on August 8, the largest artificial intelligence computing factory in...

Armenia Reports 8% Economic Growth in Early 2026, Hits Record High in Registered Jobs in May as Foreign Trade Dips Slightly

Armenia's economy grew by 8% in the first five months of 2026, driven by strong performance in construction, industry and services. In May, the...

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 from giant corporations with vast resources, global sales teams, and...

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,...

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