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Economy

469 posts

Zvartnots Airport in Yerevan to Get a New Terminal with $500 Million Investment

YEREVAN — The company Armenia International Airports plans to invest $500 million…

Turkish Airlines to Launch Direct Flights to Yerevan

ISTANBUL — Turkey’s largest national carrier, Turkish Airlines, has announced that it…

Armenian Government Approves $9.5 Billion Draft State Budget for 2026

YEREVAN — The Government of Armenia has approved the draft state budget…

EU Allocates Over €200 Million to Armenia

YEREVAN — The European Union has approved funding of more than €200…

Pashinyan: Armenia to Gain Railway Link with Iran; Passport Stamp Change Reflects Rule of Law, Not Foreign Pressure

YEREVAN — Prime Minister Nikol Pashinyan announced that Armenia and the Islamic…

Armenia and Iran Discuss Expanding Oil Trade and Developing Gas Supply Infrastructure

YEREVAN — On September 10, Minister of Economy of the Republic of…

Prime Minister Pashinyan Meets AIIB President in Beijing

BEIJING — During his working visit to Beijing, Prime Minister of the…

Strategic Partnership Between Armenia and China Will Open New Opportunities for Armenia’s Economy: Papoyan

YEREVAN — The strategic partnership established between Armenia and China will open…

Pashinyan: Under the “Trump Route” Project, the Armenian-American Company Will Not Control but Manage the Road

YEREVAN — Within the framework of the “Trump Route” project, the Armenian-American…

Fitch: Peace Deal Could Boost Armenia’s Economic Outlook

YEREVAN — International credit rating agencies are assessing the potential economic impact…

Armenia’s GDP Grew by 5.1% in the First Quarter of 2025 and 5.9% in the Second

YEREVAN — The National Statistical Committee reported that Armenia’s GDP in the…

President of Iran to Visit Armenia August 18–21

YEREVAN — The Ministry of Economy of Armenia has announced that the…

Armenia to Gain Ally in Washington and Strong Deterrence Against Possible Azerbaijani Invasion — Axios

WASHINGTON, DC — The reputable American publication Axios reports that U.S. President…

Economic Indicators in Armenia Show Growth in January–June 2025

YEREVAN — In the first half of this year, Armenia’s economic activity…

Armenia and European Investment Bank Sign €50 Million Agreement for “Resilient Syunik” Program

LUXEMBOURG – A financial agreement for the “Resilient Syunik” program was officially…

Business Forum “Armenia: Accelerating Regional Success” Held in Yerevan

YEREVAN (Armenpress) — A business forum titled “Armenia: Accelerating Regional Success” was…

Zangezur Copper-Molybdenum Combine Pays Armenia $113 Million in Dividends for Its 21.87% Stake (2022–2024)

YEREVAN — Zangezur Copper-Molybdenum Combine (ZCMC) has paid the Republic of Armenia…

Armenian Government Announced Plans to Join the Shanghai Cooperation Organization

YEREVAN — The Armenian government announced on Thursday plans to join the…

Singapore-Based Multinational Trafigura Explores Investment Opportunities in Armenia

YEREVAN – On Wednesday, Armenian Prime Minister Nikol Pashinyan met with Jeremy…

The State Will Take Over Management of the “Electric Networks of Armenia” Company, Says Pashinyan

YEREVAN — The Armenian government is beginning the process of assuming control…