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Economy

568 posts

EBRD Launches New Investment Strategy for Armenia

LONDON — The European Bank for Reconstruction and Development (EBRD) has published…

Oil Refining Plant Under Construction in Armenia

ARARAT REGION — Armenia’s Minister of Economy, Gevorg Papoyan, visited the oil…

Armenian Government Approves $150 Million Loan Guarantees for Amulsar Gold Mine

YEREVAN – The Armenian government has approved $150 million in loan guarantees…

Armenia Registers 5.9% Economic Growth in 2024

YEREVAN — Armenia’s economy grew by 5.9% in 2024, surpassing the 10…

Armenian Mining Giant Hit By First-Ever Workers Strike

YEREVAN — Production operations at Armenia’s largest mining enterprise remained disrupted for…

World Bank Endorsed New Five-Year Country Partnership Framework for Armenia

WASHINGTON, DC — The World Bank Group’s Board of Executive Directors endorsed…

Pashinyan and Putin Discuss Cooperation in the Eurasian Economic Union and Armenia’s Bid to Join EU

YEREVAN — Prime Minister Nikol Pashinyan telephoned Russian President Vladimir Putin on…

AUA Launches Bachelor of Science in Economics Program

YEREVAN— The American University of Armenia (AUA) Manoogian Simone College of Business…

Armenia’s Foreign Trade Turnover Reaches $28.2 Billion

YEREVAN – Armenia’s foreign and mutual trade turnover in January–October 2024 increased…

Trade Turnover Between Russia and Armenia Doubles to $10.2 Billion

MOSCOW — Trade turnover between Russia and Armenia in the first 10…

Forbes Magazine: Starlink Could Be a Transformative Force for Armenia

NEW YORK — Starlink’s satellite-based service could be a transformative force in…

Second India-Iran-Armenia Trilateral Consultations Held in New Delhi

NEW DELHI — The second India-Iran-Armenia Trilateral Consultations were held on 12…

Armenia Hosts 64th General Assembly of PABSEC

YEREVAN — The opening ceremony of the 64th General Assembly of the…

Armenian Parliament Approves 2025 State Budget; Military Spending Raised to $1.7 Billion

YEREVAN – On Wednesday, the Armenian National Assembly adopted the updated 2025…

EIB Global signs €236 million loan to finance construction of Sisian-Kajaran road

YEREVAN — The European Investment Bank’s global arm (EIB Global) has signed…

Armenian Investigative Committee Recovers Material Damage Worth $90 Million

YEREVAN — Armenia’s Investigative Committee said it had recovered material damage worth…

Armenia to Receive €270 Million in EU Assistance

YEREVAN — Armenia will receive €270 million in assistance from the EU…

Armenia’s Economic Activity Rises by 8.7% Over Nine Months

YEREVAN – Preliminary data from Armenia’s National Statistical Committee reveals an 8.7%…

Daron Acemoglu Awarded the Nobel Prize in Economics

STOCKHOLM — The 2024 Sveriges Riksbank Prize in Economic Sciences in Memory…

Armenia Will Never Give Up Sovereignty Over Transport Routes, Says PM Pashinyan

YEREVAN — Prime Minister Nikol Pashinyan has denied claims that Armenia is…