Business

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...

An Armenian’s Pursuit Of Perfection: How NuBz Is Raising The Standard For Nicotine Pouches Across America

The Armenian entrepreneur behind NuBz spent years searching for a better nicotine pouch brand...

UAE Energy Giant EMARAT Enters Armenia, Opening First Yerevan Service Station in Planned Nationwide Network

Emirates Petroleum Company PJSC (Emarat) has opened its first branded service station in Yerevan,...

BREAKING: Armenian Billionaire & Philanthropist Samvel Karapetyan Detained for Two Months Over Church Support; Lawyers Call Decision “Absurd & Unlawful”

Prominent Armenian-Russian billionaire businessman and philanthropist Samvel Karapetyan has been detained for two months by the Criminal Court of the General Jurisdiction of Yerevan. The...

Armenian-Founded Gecko Robotics Reaches Historic Unicorn Status With $1.25 Billion Valuation

Gecko Robotics, co-founded and led by Armenian-American entrepreneur Jake Loosararian, has officially reached unicorn status. The Pittsburgh-based company just raised $125 million in a...

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...

Baby with Rare Disease Thrives After Life-Saving World-First Gene Therapy Made by Nobel Laureate, Descendant of Armenian Genocide Survivor

A baby born with a rare and dangerous genetic disease is growing and thriving after getting an experimental gene editing treatment made just for him, reports the Associated Press. Researchers described the...

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