Armenia’s Ameriabank Purchased by UK Registered Bank of Georgia Group

YEREVAN — Bank of Georgia Group (BOGG) announced on Monday a $303.6…

Ardshinbank Purchases HSBC Armenian Subsidiary

LONDON — HSBC, Europe’s biggest bank, has announced the sale of its…

Armenia Presents Crossroads of Peace Project at Global Gateway Forum in Brussels

BRUSSELS — Armenia has presented its Crossroads of Peace project at the Global Gateway…

Armenia and Georgia Sign Declaration Establishing Strategic Partnership

TBILISI — Prime Minister Nikol Pashinyan and his Georgian counterpart Irakli Gharibashvili…

Armenian Government Gets Minority Stake in Viva-MTS Mobile Network

YEREVAN — A Cyprus-registered company has pledged to donate a 20 percent…

Record-Low Unemployment Rate Registered in Armenia

YEREVAN — Amid continuing economic growth, unemployment in Armenia fell to around…

Armenian Government Granted 12.5% Minority Stake in Amulsar Gold Mine

YEREVAN — The Armenian government has been granted a 12.5% minority stake…

Largest Data Processing Center Will be Built in Armenia

YEREVAN — On January 12, 2024, “Infrastructure in Exchange for Investment” support…

Armenia’s Economy to Grow by 8.3-8.5% in 2023 – Economy Minister

YEREVAN — Armenia’s economy is expected to grow by 8.3-8.5% in 2023,…

Armenia’s Tax Revenues Exceed Over $5 Billion in 2023 with 15.4% Growth -SRC

YEREVAN — Armenia’s State Revenue Committee (SRC) collected 2.22 trillion drams ($5.4…

More than 5 million Passengers Handled by Armenian Airports in 11 Months of 2023

YEREVAN — Armenian Minister of Territorial Administration and Infrastructure Gnel Sanosyan said…

Armenia Has Highest GDP Per Capita in the South Caucasus – IMF

NEW YORK — Armenia is the leader in the South Caucasus region…

Armenia to Modernize Metsamor Nuclear Power

YEREVAN — The Armenian government will pay a Russian company up to…

Armenian Parliament Ratifies Customs Cooperation Agreement with India

YEREVAN — The Armenian National Assembly voted unanimously to ratify the agreement…

Armenia’s Foreign Trade Grows by 41.2% to $15.4 Billion in 10 Months of 2023

YEREVAN (Arka) — Armenia’s foreign in January-October 2023 surged by 41.2% year-on-year…

Iran, India Promote New Trade Route Through Armenia

Iran’s and India’s ambassadors in Yerevan on Tuesday stressed the importance of…

Armenian-Iraqi Tech Initiative Held in Gyumri

GYUMRI — President of Iraq, Abdul Latif Rashid, visited Gyumri as part…

Armenian PM, Iraqi President Discuss Cooperation in Economy, Trade, IT, Energy, Water Resources and Tourism

YEREVAN (Armradio) — Prime Minister Nikol Pashinyan hosted the delegation led by…

Germany to Provide €84,6 Million in Aid to Armenia

YEREVAN — The German government will provide 84.6 million euros (about $92.2…

Armenia’s Foreign Trade Grows by 45.8% to $13.6 Billion in Nine Months of 2023

YEREVAN — Armenia’s foreign trade in January-September 2023 surged by 45.8% from…