Economy

Brewing Giant Carlsberg to Buy Armenia’s Pepsi Bottler and Run It With Georgia and Azerbaijan as One South Caucasus Cluster

Danish brewer Carlsberg has agreed to acquire Armenia's PepsiCo bottler, taking over the production, sale and distribution of PepsiCo's soft drinks in the country, in a transaction that still...

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ROQ Capital Launches New AI-Powered App for Users in Armenia to Trade U.S. Stocks and International Markets

Yerevan-based ROQ Capital has launched ROQ Markets, a new AI-powered investment app that lets...

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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...

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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...

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Latest

Starbucks Explores Entering Armenian Market Amid Rising Investment amd Tourism Growth

On October 8, Armenia’s Economy Minister Gevorg Papoyan met with Starbucks-Alshaya Group Eurasia Vice President Figen Ilgaz and Property Director Hanzade Kugu to discuss...

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...