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...

Germany’s Lufthansa Will Be Entering The Armenian Market In August, 2021.

The German-based Lufthansa airline will be entering the Armenian market on August 13, 2021 after the successful completion of negotiations, informs Zvartnots. The airline will...

ANIF & Air Arabia Sign Agreement To Create Armenia’s New Low-Cost National Airline.

The Armenian National Interests Fund (ANIF) and Air Arabia, the Middle East and North Africa's first and largest low-cost carrier (LCC) operator, today announced...

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