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...

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...

EBRD Funds Largest Road Project In Armenia With €236 Million Loan For Sisian-Kajaran Road Construction As Part Of North-South Corridor

The European Bank for Reconstruction and Development (EBRD) will provide a €236 million loan to Armenia for the construction of a new 24.2 km...

Rick Caruso Endorsed For Los Angeles Mayor By ANCA Local Chapters

Rick Caruso has been endorsed by the Armenian National Committee of America's Hollywood, Sunland-Tujunga, and San Fernando Valley chapters in the Los Angeles Mayoral...

Asseco Group, One of Europe’s Largest IT Companies, Is Opening An Office In Armenia

One of Europe's largest IT companies, Asseco Group, the main IT company of the EU-Asia Business Finance Center Holding, which has more than 60...

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