Economy

EU Observation Mission: The Eraskh Factory Was Dismantled, Equipment Is Moving To Another Location With Accompaniment Of EU Observers

The Yeraskh metallurgical plant, in the direction of which Azerbaijanis regularly open fire, has been dismantled. The EU observation mission in Armenia announced this on its Twitter microblog. It is noted...

Armenia Citizens To Decide The Name Of The New National Airline Company.

The name of the new Armenian national airline to be established under the agreement...

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...

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...

Armenia’s Airports Recored A 10.9% Increase In Passenger Traffic In 2019.

The following was released by Armenia International Airports CJSC. - In December 2019, Armenia's two airports served 238,066 people, exceeding the number served in December 2018 by 6%. - As...

World Bank Forecasts 5.1% Economic Growth For Armenia In 2020.

Economic growth in Armenia will remain faster than in neighboring Georgia and Azerbaijan in the coming years, according to the World Bank. - In its latest...

Armenia Set To Become Leading Country Of South Caucasus By GDP Per Capita.

Armenia has surpassed its neighboring Georgia with GDP per capita with results of 2019, Prime Minister Nikol Pashinyan said on Facebook, citing a report...

Yerevan Among 20 Hot Travel Destinations For 2020.

Armenia's capital Yerevan is among the 20 Hot Travel Destinations For 2020, according to Suitcase Magazine. - "In Yerevan traditional pandoks (taverns) crowded with locals compete...

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