Business

Armenia’s $470 Million World Trade Center Revealed, Twin Towers Set to Be Yerevan’s Tallest Building Ever

Armenia's $470 million World Trade Center will rise as twin towers on Yerevan's Saryan Street, set to be the tallest building in the city's history, reports Zartonk Media. Launched on...

Armenian-Founded Jooba Raises $4 Million Seed Round From a16z Speedrun to Build AI-Native Recruiting Firm

Jooba, an Armenian-founded startup based in Los Angeles, has raised a $4 million seed...

PROFAL Opens a New $20 Million Architectural Glass Processing Plant in Armenia, the Largest in the Region

PROFAL opened an architectural glass processing plant in the Nairi community of Kotayk Province,...

Massis Kabob to Open First Armenian-Owned Restaurant in a U.S. Airport at Hollywood Burbank’s New Terminal

Massis Kabob is set to open its 8th location inside Hollywood Burbank Airport's new...

Starbucks Explores Entering Armenian Market Amid Rising Investment amd Tourism Growth

On October 8, Armenia’s Economy Minister Gevorg Papoyan met with Starbucks-Alshaya Group Eurasia Vice President Figen Ilgaz and Property Director Hanzade Kugu to discuss...

Armenia Approves €150 Million Loan Deal with French Development Agency to Cover 2025 Budget Deficit and Strengthen Financial Sector

The Armenian Cabinet approved on Thursday a new loan agreement between the Armenian government and the French Development Agency (FDA). Deputy Prime Minister Tigran...

Armenia’s President Meets Amazon & Libra Group Executives to Boost High-Tech, AI, Cybersecurity and Renewable Energy Projects in Armenia

During his working visit to New York, President of Armenia Vahagn Khachaturyan met with Franco Spicciariello, Director of Public Policy for the European Union...

Armenia’s IT Sector Achieves Over 30% Growth in First Half of 2025, Adds Nearly 900 New Jobs

Armenia’s information technology industry grew by 30.4% in the first half of 2025 compared to the same period last year, according to Sergey Muradyan,...

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