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...

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...

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