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Armenia's draft state budget for 2026 aims to maintain macro-fiscal stability – IMF
Armenia's draft 2026 budget targeting a deficit of 4.5 percent of GDP, aims to preserve macro-fiscal stability while supporting Armenia’s priority spending needs, including on social protection, security, health, education, and infrastructure, the ...
10/17/2025IMF: Armenia's GDP growth projected to reach 5% in 2025, with inflation expected to align with the Central Bank's target
The real GDP growth in Armenia is anticipated to hit 5% in 2025 and 5.5% in 2026, while inflation is expected to remain close to the target set by the Central Bank of Armenia by the end of 2025. YEREVAN, October 17. /ARKA/. The real GDP growth in Armenia is anticipated ...
10/17/2025Armenia is swiftly emerging as an appealing destination for global business, says British Ambassador
Armenia is swiftly evolving into a vibrant and appealing location for international business, as stated by Alexandra Cole, the British Ambassador to Armenia. YEREVAN, October 17. /ARКА/. Armenia is swiftly evolving into a vibrant and appealing location ...
10/17/2025EU investment in Armenia is projected to reach €2.5 billion, according to Maragos
Vasilis Maragos, the head of the European Union Delegation to Armenia, informed reporters that EU investment in Armenia is expected to total €2.5 billion. YEREVAN, October 17. /ARKA/. Vasilis Maragos, the head of the European Union Delegation to Armenia, informed reporters that EU investment in Armenia is expected ...
10/17/2025Armenia Extends Tax Exemptions for Newly Imported Electric Vehicles
At a meeting on Thursday, the Armenian government approved amendments to the Tax Code regarding tax exemptions for imported electric vehicles. YEREVAN, October 16. /ARКА/. At a meeting on Thursday, the Armenian government approved amendments to the Tax Code regarding tax exemptions ...
10/16/2025Armenian government proposes to simplify the filing of personal income tax returns
At a meeting on Thursday, the Armenian government approved amendments and additions to the Tax Code and related laws, which propose simplifying the process of declaring their income by citizens. YEREVAN, October 16. /ARКА/. At a meeting on Thursday, the Armenian government approved ...
10/16/2025Delimitation of Armenian-Azerbaijani border and opening of communications not directly interconnected, according to Pashinyan
The processes of delimiting the Armenian-Azerbaijani border and opening communications are not directly related, stated Armenian Prime Minister Nikol Pashinyan. YEREVAN, October 16. /ARКА/. The processes of delimiting the Armenian-Azerbaijani border and opening communications are ...
10/16/2025"There can be no other projects on Armenian territory except the 'Crossroads of Peace' and TRIPP": Pashinyan on Aliyev's statements
Armenian Prime Minister Nikol Pashinyan provided his insights regarding the recent remarks made by the president of Azerbaijan concerning the so-called 'Zangezur Corridor' and the necessity to 'amend the Armenian Constitution.' YEREVAN, October 16. /ARKA/....
10/16/2025Armenia has already purchased 192,000 tons of grapes this year, says Economy Minister
One of the key processes of the agricultural season in Armenia—grape procurement—is nearing completion. To date, 192,000 tons of grapes have already been purchased, Economy Minister Gevorg Papoyan announced on Facebook. YEREVAN, October 16. /ARKA/. One of the key processes of the agricultural season ...
10/16/2025Truck drivers protest in Yerevan: Armenian authorities promise to address the issue of migrants' length of stay in Russia
On Thursday, Armenian truck drivers again protested outside the government building in Yerevan. YEREVAN, October 16. /ARKA/. On Thursday, Armenian truck drivers again protested outside the government building in Yerevan. They are calling on the Armenian authorities ...
10/16/2025Activities of cybercrime group being investigated in Armenia; 16 people involved in the case
A criminal case involving large-scale embezzlement using computer systems and money laundering through a call center is being investigated in Armenia; 16 people are involved, the Investigative Committee reports. YEREVAN, October 16. /ARKA/. A criminal case involving large-scale embezzlement using computer systems and money laundering through a call center is being investigated in Armenia; ...
10/16/2025Armenian court extends Samvel Karapetyan's pretrial detention for another month
Armenia's Anti-Corruption Court has extended the pretrial detention of Tashir Group president Samvel Karapetyan for another 30 days, his lawyer, Aram Vardevanyan, told reporters. YEREVAN, October 16. /ARKA/. Armenia's Anti-Corruption Court has extended ...
10/16/2025Armenia nominated for the prestigious World Travel Awards 2025
Armenia has been nominated for the title of World's Leading Destination 2025 at the World Travel Awards 2025, the Tourism Committee of the Republic of Armenia announced. YEREVAN, October 15. /ARKA/. Armenia has been nominated for the title of World's ...
10/16/2025A rally in Yerevan in support of arrested Tashir Group president and philanthropist Samvel Karapetyan will be held on October 18
... arrested Tashir Group president and philanthropist Samvel Karapetyan, according to one of his supporters, Aleksan Aleksanyan. The rally, which begins at 4:30 PM, will take place on Saturday at Freedom Square. On Wednesday, the Anti-Corruption Court of Armenia continues to consider a motion to extend Samvel Karapetyan's pretrial detention. Samvel Karapetyan has been in custody since June 18 and is accused of publicly calling for the seizure of power. This occurred after Karapetyan, following a meeting ...
10/16/2025200 Scholarships for Best Students. Ameriabank Announces a Contest for the Second Year in a Row
Ameriabank is launching the “My Armenia, My Future” scholarship contest for the students of public and private universities in Armenia for the second year in a row. YEREVAN, October 16. /ARKA/ Ameriabank is launching the “My Armenia, My Future” scholarship contest for the ...
10/16/2025Armenia and the United States confirmed their readiness to deepen their defense partnership - RA Defense Ministry
Armenia and the United States confirmed their readiness to deepen their defense partnership. YEREVAN, October 16. /ARKA/. Armenia and the United States confirmed their readiness to deepen their defense partnership. This was reported by the press service ...
10/16/2025Armenian passport falls two places in Henley & Partners ranking
According to the 2025 ranking released by the consulting firm Henley & Partners, the Armenian passport is currently positioned at 76th place. YEREVAN, October 14. /ARKA/. According to the 2025 ranking released by the consulting firm Henley & Partners, the Armenian passport is currently positioned at 76th place. Armenian citizens can ...
10/15/2025Armenia to Eliminate Age Limits for IVF
The Standing Committee on Healthcare of the National Assembly of Armenia has approved amendments to the Law on Reproductive Health and Human Reproductive Rights. YEREVAN, October 15. /ARKA/. The Standing Committee on Healthcare of the National Assembly of Armenia has approved amendments to the Law on Reproductive ...
10/15/2025Armenia set to implement electronic system for state registration of property rights
Armenia is preparing to launch an electronic system for the state registration of property rights, announced today Suren Tovmasyan, the head of the Cadastre Committee. YEREVAN, October 15. /ARKA/. Armenia is preparing to launch an electronic system ...
10/15/2025In 2026, individuals aged 65 and older will be incorporated into Armenia's health insurance system
In the initial phase of the health insurance implementation in Armenia set for 2026, individuals aged 65 and above will be integrated into the system, with their insurance premiums being funded by the state, as announced by Health Minister Anahit Avanesyan. YEREVAN, October 15. /ARКА/. In the initial phase ...
10/15/2025Armenia needs to shift from "subsidizing sustainability" to "investing in innovation," says Director of Management Consulting at Ameria
To foster economic growth in Armenia, a transition from "subsidizing sustainability" to "investing in innovation" is essential, according to Tigran Jrbashyan, Director of Management Consulting at Ameria and Head of the National Team for the Global Entrepreneurship ...
10/14/2025Lake Sevan undergoing cleanup to remove plastic: gathered waste will be recycled (VIDEO)
In alignment with the "Clean Future for Lake Sevan" initiative, Acba Bank, in collaboration with the Armenian branch of the German Nature and Biodiversity Conservation Union (NABU), has undertaken efforts to clear one of the lake's shores of plastic and debris. YEREVAN, October 14. /ARKA/. In alignment with the "Clean Future for Lake Sevan" ...
10/14/2025International Monetary Fund revises upward its projections for Armenia's economic growth for 2025 and 2026
The International Monetary Fund (IMF) anticipates that Armenia's economy will expand by 4.8% by the conclusion of 2025, as detailed in its October World Economic Outlook report. YEREVAN, April 23. /ARKA/. The International Monetary Fund (IMF) anticipates that Armenia's economy will expand by 4.8% by ...
10/14/2025Construction of Dalan Technopark’s frame is approximately 80% complete
A major milestone has been reached in the construction of Armenia's first technology and business center, Dalan Technopark The two buildings were joined at the 15th floor, laying the foundation for the continued construction of the shared floors. YEREVAN, October 14. /ARKA/. A major milestone has been reached ...
10/14/2025Establishing peace with Azerbaijan will aid in creating a stable future for Armenia – OSCE Chairperson
At a meeting with Armenian Prime Minister Nikol Pashinyan today in Yerevan, OSCE Chairperson-in-Office and Finnish Foreign Minister Elina Valtonen conveyed her belief that achieving peace between Armenia and Azerbaijan will greatly assist in fostering a stable future for ...
10/14/2025David Yang intends to establish office in Armenia
David Yang, a prominent technology visionary and the founder of ABBYY and Yva.ai, revealed his plans to open an office in Armenia during an exclusive interview with ARKA news agency. YEREVAN, October 14. /ARKA/. David Yang, a prominent technology visionary and the founder of ABBYY and Yva.ai, revealed his plans to open an office in Armenia during an exclusive interview ...
10/14/2025Armenia introducing out-of-court system for resolving labor disputes
A draft law introducing a new out-of-court mechanism for resolving labor disputes has been introduced in Armenia. YEREVAN, October 14. /ARKA/. A draft law introducing a new out-of-court mechanism for resolving labor disputes has been introduced in Armenia. According to Zhora Sargsyan, the Head of the Labor and Employment Department at the Ministry of ...
10/14/2025Armenia rejects Azerbaijan's precondition for constitutional amendments - Mirzoyan
Armenia rejects Azerbaijan's precondition for constitutional amendments, stated Armenian Foreign Minister Ararat Mirzoyan. YEREVAN, October 14. /ARКА/. Armenia rejects Azerbaijan's precondition for constitutional amendments, stated Armenian Foreign ...
10/14/2025OSCE hopes for final closure of Minsk Group on Karabakh conflict no later than December
The OSCE hopes that the Minsk Group on the Karabakh conflict will be definitively disbanded by December, stated OSCE Chairperson-in-Office and Finnish Foreign Minister Elina Valtonen during a joint press conference with her Armenian counterpart, Ararat Mirzoyan, in Yerevan. YEREVAN, October 14. /ARКА/. The OSCE hopes that the Minsk Group on the Karabakh conflict will be definitively disbanded by December, stated OSCE Chairperson-in-Office and Finnish Foreign Minister ...
10/14/2025UK lifts arms embargo on Armenia and Azerbaijan - Minister of State Doughty
The United Kingdom warmly welcomes the progress made by Armenia and Azerbaijan on the path to peace, which is key to ensuring lasting peace and stability in the region, according to a statement from Stephen Doughty, Minister of State for Europe and North America. YEREVAN, October 14. /ARKA/. The United ...
10/14/2025Armenia welcomed 1.73 million tourists during first nine months
According to the Tourism Committee, Armenia recorded 1,734,247 tourists from January to September, compared to 1,721,245 tourists during the same timeframe last year. YEREVAN, October 13. /ARKA/. According to the Tourism Committee, Armenia recorded 1,734,247 tourists from January to ...
10/13/2025Armenia's Economy Minister Comments on Decline in Armenian-Russian Trade
Armenian Economy Minister Gevorg Papoyan blamed the dramatic decline in foreign trade turnover between Armenia and Russia on gold re-exports. YEREVAN, October 13. /ARКА/. Armenian Economy Minister Gevorg Papoyan blamed the dramatic decline in foreign ...
10/13/2025Cybersecurity and Investments: A Conversation with Apricot Capital Executive Director Vachik Gevorgyan
... distinguish between legitimate and fraudulent offers? Indeed, while browsing online, we often come across offers of "guaranteed" high returns. In such cases, it is always recommended to verify that the company is licensed by the Central Bank of Armenia (CBA). In Armenia, only CBA-licensed banks and specialized investment firms like ours are authorized to provide investment services. A list of licensed banks and investment companies is available on the CBA website. In general, whenever we see ...
10/13/2025Economy minister expresses his support for Turkish investment in Armenia
Armenian Minister of Economy Gevorg Papoyan has expressed his approval of Turkish investments in Armenia. During a press briefing, he mentioned that Turkish enterprises have been active in Armenia since 2012-2013, including outlets of a prominent clothing ...
10/13/2025Truck drivers protest outside the Armenian government building
On Monday, truck drivers in Armenia staged a protest in front of the Armenian government building, calling for a solution to the restrictions on the duration of stay in Russia for specific categories of migrants. YEREVAN, October 13. /ARKA/. On Monday, truck drivers in Armenia ...
10/13/2025Yerevan becomes even more popular among Russians vacationing in large groups
The popularity of Armenia's capital among Russians traveling abroad in large groups has grown, according to OneTwoTrip. YEREVAN, October 13. /ARКА/. The popularity of Armenia's capital among Russians traveling abroad in large groups has grown, according to OneTwoTrip....
10/13/2025NVIDIA Vice President: Armenia Can Become a Global Center for Fundamental AI Research
Armenia is achieving success in the high-tech sector. NVIDIA Vice President Rev Lebaredyan spoke about this in an interview with ARKA News Agency on the sidelines of the DigiTec-2025 forum held in Yerevan. YEREVAN, October 13. /ARKA/. Armenia is achieving ...
10/13/2025Ardshinbank Offers 3% Cashback on Mortgage Loan Refinancing
... documentation Free property valuation Free issuance of a unified certificate of property restrictions Free notarial certification of the collateral agreement Loan applications can be submitted at any Ardshinbank branch, both in Yerevan and in the regions of Armenia. For more information, please visit the bank’s website or contact the 24/7 call center at 012 22 22 22. The Bank is regulated by the Central Bank of the Republic of Armenia.-0-
10/13/2025OSCE Chairperson-in-Office, Finnish Foreign Minister, to arrive in Armenia
OSCE Chairperson-in-Office, Finnish Foreign Minister Elina Valtonen, will pay a working visit to Armenia on October 14, the Armenian Foreign Ministry press service reported. YEREVAN, October 13. /ARKA/. OSCE Chairperson-in-Office, Finnish Foreign Minister Elina Valtonen, will pay a working visit to Armenia on October 14, the Armenian Foreign Ministry ...
10/13/2025New economic charges brought against Samvel Karapetyan, arrested in Armenia
New economic charges have been brought against Tashir Group president and philanthropist Samvel Karapetyan, who has been in custody in Armenia for approximately 110 days, his lawyers announced. YEREVAN, October 13. /ARKA/. New economic charges have been brought against Tashir Group president and philanthropist Samvel Karapetyan, who has been in custody in Armenia for approximately 110 ...
10/13/2025NVIDIA's Vice President Discusses Advantages of Establishing $500 Million AI Center in Armenia
The development of a $500 million AI center is set to enhance Armenia's security. Rev Lebaredyan, NVIDIA's Vice President, shared this insight during an interview with ARKA News Agency at the DigiTec-2025 forum in Yerevan. YEREVAN, October 13. /ARKA/. The development of a $500 million AI center is set to enhance ...
10/13/2025$750 million to be invested in development of Amulsar mine in Armenia
On October 10, Armenian Minister of Economy Gevorg Papoyan visited the Amulsar gold mine to assess Lydian Armenia's mining project. YEREVAN, October 11. /ARКА/. On October 10, Armenian Minister of Economy Gevorg Papoyan visited the Amulsar gold mine to assess ...
10/11/2025Mass poisoning incident in Armavir: Nine individuals sought medical assistance
Nine residents of Armavir, Armenia, have sought medical assistance after reportedly being poisoned by donuts and lahmajo, according to the Food Safety Inspectorate. YEREVAN, October 10. /ARKA/. Nine residents of Armavir, Armenia, have sought medical assistance after reportedly ...
10/10/2025Both Yerevan and Baku prepared to host a meeting in "3+3" format, according to Ambassador Kopyrkin
Russia supports holding the fourth meeting of the "3+3" regional consultative platform at the level of foreign ministers at the end of this year, Russian Ambassador to Armenia Sergey Kopyrkin said at a meeting with students at the Russian-Armenian University. YEREVAN, October 10. /ARКА/. Russia supports holding the fourth meeting of the "3+3" regional consultative platform at the level of foreign ministers ...
10/10/2025Armenian Prime Minister and Russian President announce different foreign trade figures at CIS summit
During the CIS summit held in Tajikistan's capital Dushanbe, Russian President Vladimir Putin and Armenian Prime Minister Nikol Pashinyan presented contrasting figures concerning the foreign trade turnover between Armenia and Russia. YEREVAN, October 10. /ARКА/. During the CIS summit held in Tajikistan's capital Dushanbe, Russian President Vladimir ...
10/10/2025TRIPP project opens new foreign trade opportunities for CIS countries, says Pashinyan
The TRIPP project also opens new export and import opportunities for CIS countries, stated Armenian Prime Minister Nikol Pashinyan. YEREVAN, October 10. /ARКА/. The TRIPP project also opens new export and import opportunities for CIS countries, stated Armenian Prime Minister Nikol Pashinyan. "The TRIPP project provides Armenia with ...
10/10/2025Armenia's largest technology park Dalan being constructed at an investment of $160 million
The construction of Dalan, the largest technology complex in Armenia, is in progress. YEREVAN, October 9. /ARKA/. The construction of Dalan, the largest technology complex in Armenia, is in progress. According to the Ministry of Economy, the total area of the business park within this complex, which was inspected ...
10/10/2025Pashinyan and Rahmon discussed steps to intensify trade and economic relations between Armenia and Tajikistan
Armenian Prime Minister Nikol Pashinyan and Tajik President Emomali Rahmon exchanged views on further steps to give new impetus to trade and economic relations at a meeting in Dushanbe. YEREVAN, October 10. /ARKA/. Armenian Prime Minister Nikol Pashinyan ...
10/10/2025More than 18,700 real estate transactions completed in Armenia in August
In August 2025, some 18,780 real estate transactions were completed in Armenia, compared to 20,178 transactions in August 2024 and 21,138 transactions in July 2025., according to data from the Statistical Committee. YEREVAN, October 9. /ARKA/. In August 2025, some 18,780 real estate transactions were completed in Armenia,...
10/09/2025Pashinyan expresses Armenian authorities' interest in implementing EU standards in all areas
During a meeting in Brussels with EU Commissioner for Enlargement Marta Kos, Armenian Prime Minister Nikol Pashinyan commended the EU's unwavering support for the successful execution of institutional reforms within the country and highlighted the Armenian government's commitment to adopting EU standards across all sectors. ...
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