News

Central Bank of Armenia Simplifies E-Wallet Use

Bank account no longer required

US Launches TRIPP via Armenia: Whitkoff Reveals Details of New Transport Route

It's not just about transport infrastructure, but also about creating mechanisms for international economic cooperation

Telecommunications in Armenia Generated Nearly 87.5 Billion Drams in Six Months

Revenue Grew Significantly

Armenian schoolchildren win two bronzes at AI Olympiad

The country's team entered the top 5

Ardshinbank Assembles Record Syndicate for Firebird AI Factory

The total investment for the first phase of the project is $450 million

Schoolchildren held a cyber battle in Armenia: 61 participants tested their skills at Mini CTF

The competition was held on a CTF platform in Jeopardy format

MIT can help Armenia create an "Academic City" - parties discussed participation in a large-scale project

One of the world's most prestigious universities is ready to contribute its expertise and academic resources to the creation of an "Academic City" in Armenia.

Armenia secured another 5,000 preferential electric vehicles: the quota for 2026 sharply increased

The additional limit will allow the continuation of duty-free electric vehicle imports after the almost complete exhaustion of the initial quota.

"Zvartnots" will not be demolished: the legendary terminal will get a new life

The old airport building is planned to be integrated into a modern complex, preserving its historical status and famous tower.

Armenian Educational Model Conquers Argentina: New TUMO Center Opens in Buenos Aires

The third one already

Perplexity Becomes One of the First Clients of Armenian AI Factory Firebird

The Data Center in Hrazdan Was Built in Just Six Months

Engineering work for the future TRIPP railway has begun in Armenia

The project includes not only the construction of a railway, but also the development of highways, energy and digital infrastructure

Армянские AI-дата-центры не используют воду для охлаждения серверов

Armenia to Receive Advanced Nvidia Rubin Chips

The country will become a platform for next-generation AI

Армения замахнулась на мировой AI-рынок: в стране запустили гигантский дата-центр

Armenia may demand $2 billion annually from RZD

Yerevan is ready to revise the terms of the South Caucasus Railway concession and, in case of disagreements with the Russian side, appeal to international arbitration

Armenian TUMO goes abroad: first center in Georgia opened in former parliament building

Armenia Launches Construction of New Reservoirs: 18 Projects Underway in the Country

Authorities expect to increase water reserves for agriculture and infrastructure, with the first three facilities scheduled to begin construction in 2026

Wildberries Prepares Payments for Sellers from Armenia

The marketplace is developing a compensation mechanism for entrepreneurs whose goods were affected due to disruptions in the company's infrastructure

Armenia to build two customs and logistics centers with EBRD support for €57 million

New facilities in Yerevan and Syunik are expected to accelerate cargo clearance, digitize procedures, and enhance trade transparency

Pashinyan: Armenia's water supply system is severely worn out and requires large-scale modernization

The country's authorities link the outbreak of intestinal infection in Byureghavan to possible contamination of drinking water

Moody's Upgrades Armenia's Rating Outlook to 'Positive' Amid Reduced Risks

The agency maintained the country's sovereign rating at Ba3, citing economic strengthening and improved political situation

Almost two-thirds of Armenia's population remain poor or vulnerable - World Bank names reasons

Despite a decrease in poverty levels, a significant portion of the population risks falling back into poverty if the economic situation deteriorates

Armenia and Iran intend to at least double gas and electricity exchange

A new 400 kV power transmission line will allow the program to expand

Armenian Authorities Take Step Towards Changing Status of "Electric Networks of Armenia"

No comments were received on the draft decision during public hearings

World Bank Downgrades Armenia's Economic Outlook

The organization lowered its GDP growth expectations for the country in 2026 from 5.9% to 5.3%

Firebird AI Center in Hrazdan Prepares for Launch, Investments Could Reach $5 Billion

In the first phase, the Firebird AI center will install over 6,000 NVIDIA Blackwell accelerators, with the number later increasing to almost 50,000.

Ararat Province Receives 87 New Buses

Some of the transport is adapted for people with disabilities

Armenia's Capital Market Gains Momentum: Companies Increasingly Raise Funds Through Bonds

Further development of the capital market can contribute to the growth of Armenia's economy.

Ameriabank's Retail Deposits Exceed 1 Trillion AMD for the First Time

Demand deposits increased by 18%