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...

BREAKING: $500 Million AI Factory To Launch In Armenia By 2026, Powered By NVIDIA, Making it A Regional AI Powerhouse

Armenia is set to become a regional powerhouse in artificial intelligence. Firebird, a San Francisco– and Yerevan-based AI cloud startup, has officially announced a...

Armenia’s Foreign Trade Turnover Down 40% In January To $1.4 Billion

The volume of Armenia’s foreign and mutual trade turnover in January 2025 decreased by 40% compared to January 2024, amounting to $1.37 billion, according...

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...

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