Economy

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...
To Boost Armenian Economy, Economic Cooperation with China is a Must
The Armenian economy suffers from a negative balance of trade, which reaches up to 2.5 billion USD per year.To make a qualitative leap forward in its...