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...
Armenia The Editor -

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...
Armenia The Editor -

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...
Armenia The Editor -

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 The Editor -
Latest

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...

Armenia’s Economic Activity Index Up 5.7% in January–May 2025, Led by Construction And Services Growth, Despite Sharp Industrial Decline

Armenia’s economic activity index rose by 5.7% in the first five months of 2025 compared to the same period last year, according to data...

BREAKING: Armenian Billionaire & Philanthropist Samvel Karapetyan Detained for Two Months Over Church Support; Lawyers Call Decision “Absurd & Unlawful”

Prominent Armenian-Russian billionaire businessman and philanthropist Samvel Karapetyan has been detained for two months by the Criminal Court of the General Jurisdiction of Yerevan. The...

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