Economy

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 Starlink and Armenia’s Ministry of...

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...

Armenia Building The Region’s Largest Chocolate Factory With €145 Million Investment, Creating Up To 2,000 Jobs

Armenia is building the region’s largest chocolate and confectionery factory, backed by a €145...

American Fast Food Giant Wendy’s Opens First Restaurant in Yerevan, Armenia, Launching a Nationwide Expansion to 20 Locations by 2030

American fast food giant Wendy’s has officially entered the Armenian market with the grand...

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...

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