Economy

Kuwaiti Businessman To Invest $30,000,000 In Mega-Agricultural Complex, Planting 350,000 Almond Trees In Armenia’s Armavir.

The Editor - April 5, 2021

Armenia’s Tech Sector Rapidly Grew By 24% To $176 Million (YOY) In First Half Of 2020, Despite Pandemic.

September 24, 2020

Armenia’s technology sector is continuing to grow rapidly despite the coronavirus pandemic that has plunged the country into recession, Prime Minister Nikol Pashinian said...

Armenia To Spend Over $500 Million On Reconstructing, Upgrading Its Energy Infrastructure.

July 6, 2020

More than half a billion US dollars for the reconstruction and upgrade of energy infrastructure. Armenia’s Prime Minister Nikol Pashinyan wrote about this on...

Armenia Climbs 13 Spots In Economic Freedom index To Claim 34th Spot Worldwide.

June 29, 2020

Armenia has climbed 13 notches in the latest edition of the Index of Economic Freedom, to take the 34th spot among 186 economies of...

Armenia: 71,000 Jobs Were Cut In April, 50,000 Were Restored In May.

June 23, 2020

Prime Minister Nikol Pashinyan has said that more than 71,000 jobs were cut in April due to the coronavirus outbreak in the country, and...

World Bank: Armenia To Record 2.8% GDP Decline In 2020, 4.9% Rise In 2021.

June 9, 2020

According to the predictions of the World Bank, the GDP of Armenia in 2020 will decline by 2.8% and will rise by 4.9% in...

Number of New High-Tech Companies In Armenia Increased By 25% In 2019.

June 9, 2020

The number of new high-tech companies registered in Armenia in 2019 increased by 25% and reached 1,250, high-tech industry minister Hakob Arshakyan said during...

Armenian MP: One-Week Lockdown Costs 1.3-1.5% Of GDP For Country Like Armenia.

June 7, 2020

The Prime Minister said various scenarios are being considered, and you know that the think tank is under the government. This is what deputy...

Armenia Receives $315 Million Loan From IMF For Budget Expenditures.

June 4, 2020

Armenia will receive $315 million in loans from the International Monetary Fund (IMF), which will be used to finance budget programs. The government on Thursday,...

Armenia’s Economic Activity Shrank By 17.2% In April Year-On-Year.

May 27, 2020

Economic activity in Armenia shrank by 17.2% in April year-on-year, data from the National Statistical Service reveals. - Economic activity in the country has contracted as...

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Economy

Kuwaiti Businessman To Invest $30,000,000 In Mega-Agricultural Complex, Planting 350,000 Almond Trees In Armenia’s Armavir.

Vartan Gregorian, Former President of NY Library & Brown University, Passes Away.

Creators of Armenian Wax Figures: We Tried To Create The Ugliest Images.

Armenians & Greeks In The U.S. Lobby Against SpaceX’s Upcoming Launch Of A Turkish Satellite.

Pashinyan: Armenia To Seek De-Occupation Of Former NKAO Territory From Azeri Control, Remedial Secession.

Vartan Gregorian, Former President of NY Library & Brown University, Passes Away.

Creators of Armenian Wax Figures: We Tried To Create The Ugliest Images.

Armenians & Greeks In The U.S. Lobby Against SpaceX’s Upcoming Launch Of A Turkish Satellite.

Pashinyan: Armenia To Seek De-Occupation Of Former NKAO Territory From Azeri Control, Remedial Secession.

Vartan Gregorian, Former President of NY Library & Brown University, Passes Away.

Creators of Armenian Wax Figures: We Tried To Create The Ugliest Images.

Armenians & Greeks In The U.S. Lobby Against SpaceX’s Upcoming Launch Of A Turkish Satellite.

Pashinyan: Armenia To Seek De-Occupation Of Former NKAO Territory From Azeri Control, Remedial Secession.