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...

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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