Economy

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 week to the United Arab Emirates starting in September, under a memorandum of understanding signed...

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...

S&P Cuts Armenia’s 2026 Growth Forecast to 4.9% as Russian Bans Hit Armenian Exports Worth 2% of GDP

S&P Global Ratings affirmed Armenia's BB-/B long- and short-term foreign and local currency sovereign...

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...

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...

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...

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