Business

Following WSJ Report, Firebird Co-Founder Offers Context: Armenia AI Project Has Roots Going Back Years, Built to Make Armenia a Global Technology Powerhouse

The Wall Street Journal reported this week that U.S. negotiators used access to NVIDIA's advanced AI chips as part of a broader package of economic incentives surrounding the peace...

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...

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...

Armenian-Owned E-auto Invests $5 Million to Open HONGQI’s Largest Regional Center in Yerevan

E-auto opened a nearly 3,000 square meter HONGQI center at 40/3 Rubinyants Street in...

Armenia’s Exports to the Eurasian Economic Union (EAEU) Hit $1.8 Billion in the First Seven Months of 2025

Armenia’s exports to the Eurasian Economic Union (EAEU) totaled $1.78 billion between January and July 2025, Economy Minister Gevorg Papoyan announced. The figure represents...

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...

Team Group Launches New Solar Power Station in Armenia’s Gegharkunik With Annual Output of 16 Million kWh

In July, the Team Group of Companies launched a new solar power station in Armenia’s Gegharkunik Province with an annual output of 16,000,000 kWh. The...

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...

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