Economy

Tufenkian Foundation Expands Artsakh Food Security Program
Tufenkian Foundation provides free crop seeds to boost Artsakh's food security. In partnership with the Ministry of Agriculture's Village Support...
Artsakh temporarily stopped mining and appealed for an international examination
The government of Artsakh confirmed that the mining industry in Artsakh is carried out according to the highest international standards, to which...
Foreign nationals investing 150,000 USD in Armenia’s economy can get Armenian citizenship
Foreign nationals, who will have significant contributions to Armenia’s economy, science, education, culture, health and sports fields, can get a c...
Armenian Goods to be Delivered to more than 190 Countries
Armenia’s post operator HayPost has launched the new Armoteca online platform to popularize the best Armenian products and ensure their deliver...
Export from Armenia exceeded $3 billion in 2021
Export from Armenia exceeded $3 billion in 2021 growing by 19.1% year-on-year, the National Statistical Committee reports. In the reporting perio...
UAE to Implement Large Scale Projects in Armenia
During his visit to the United Arab Emirates, Armenian President Armen Sarkissian discussed the possibility of large-scale investments in wind en...
Armenia to Start Construction of New Nuclear Power Units
Rosatom and the management of the Armenian Nuclear Power Plant have signed an agreement to look into the possible building of new Russian-designe...
Development of New Prostheses Using Innovative Technologies
ArmBionics company has developed new prostheses in Armenia via innovative technologies aiming to resolve the issue of physical rehabilitation. Its go...
World Bank: Predictions on Armenia’s Economy for 2022 and 2023
The World Bank's global report presents the projected economic performances of all countries in the world.Regarding Armenia, the report states th...
Revolutionary Innovation in 2D and 3D Modeling Fields Presented by an Armenian Company
BeeGraphy is the first online store in the world providing opportunities for editors to create and sell 2D and 3D parametric models. Through such a s...
Government to Increase Funds for Scientific Research by more than 80%
The Armenian government announced that the funds allocated for scientific and technical research increased by more than 80% in 2022, amounting to...
Switzerland Allocated USD 7.7 million to an Educational Program in Agriculture in Armenia
On December 3, Switzerland launched a long-term development project in Armenia which aims to offer Vocational Educational programs in agriculture...
I Bari Exports Its Produces To More Than 10 Countries
Nikolay Mkhitaryan, co-founder and director of I Bari company, wants Armenia to be known as a country of fruits in the world. Nikolay started his bu...