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Armenia to Receive €39 Million from EBRD for Construction of Customs and Logistics Center
On Thursday, the Armenian government approved a draft loan agreement with the European Bank for Reconstruction and Development (EBRD) for €39 million to build a customs and logistics center on the outskirts of Yerevan.Armenia will receive €70.4 million from IBRD to improve irrigation services and water supply
During a meeting on Thursday, the Armenian government approved a bill to ratify a loan agreement with the International Bank for Reconstruction and Development (IBRD, a World Bank division) for €70.4 million aimed at enhancing irrigation services and water supply in Armenia under the "Phase 1" project.Armenia's service sector grew by 10.8% in January-October 2025, reaching 3.33 trillion drams
The turnover of the service sector in Armenia for the period of January to October 2025 was recorded at 3,332,456.5 million drams (at current prices), reflecting a 10.8% increase compared to the same period in 2024, as reported by the Statistical Committee.Domestic trade in Armenia for 10 months amounted to 5.32 trillion drams, an increase of 3.2%
The domestic trade turnover in Armenia from January to October 2025 reached 5,323,923.2 million drams (at current prices), reflecting a 3.2% increase compared to the same period in 2024, as reported by the Statistical Committee.Acba Bank to allocate $40 million to finance young entrepreneurs
Acba Bank, in partnership with the European Bank for Reconstruction and Development (EBRD), is launching the first targeted financing program designed for businesses founded by young people in Armenia, the bank's press service reported.The Armenian-American joint venture TRIPP Company will implement the Trump Route project – Pashinyan
The Armenian side is holding intensive negotiations with its American counterparts on the general terms of the Trump Route for International Peace and Prosperity (TRIPP) transportation network development project, Armenian Prime Minister Nikol Pashinyan announced.News 1 - 20 of 53993
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