The Russian edition of Forbes magazine has a story about the impressive growth of the IT sector in Armenia – about 23% per year over the last decade, as well as its unicorns and lack of investors.
Rostelecom looking to build data center in Armenia
Russia’s Rostelecom is reportedly considering the development of a new data center in Armenia. Armenian Minister of Economy Vahan Kerobyan and his deputy Narek Teryan this week met with Rostelecom …
Finance ministry: Armenia national debt will decrease in dram terms but we will borrow new debts
The national debt of Armenia will decrease in dram terms next year, 70% of the debt is in foreign currency, whereas the dram has been appreciated. In an interview to Armenpress, Deputy Minister of …
Finance ministry: Armenia national debt will decrease in dram terms but we will borrow new debts
The national debt of Armenia will decrease in dram terms next year, 70% of the debt is in foreign currency, whereas the dram has been appreciated. In an interview to Armenpress, Deputy Minister of …
Armenia’s 2023 state budget draft envisages increasing defense spending by 160 billion drams
ARMENPRESS. Armenia’s 2023 state budget draft envisages increasing the defense budget by 160 billion drams, which will comprise around 505 billion drams. The draft also envisages that the state debt …
Armenia’s 2023 state budget draft envisages increasing defense spending by 160 billion drams
ARMENPRESS. Armenia’s 2023 state budget draft envisages increasing the defense budget by 160 billion drams, which will comprise around 505 billion drams. The draft also envisages that the state debt …
Chaarat confirms Lydian Armenia takeover talks
London-listed Chaarat Gold on Monday confirmed that it was in discussions regarding the potential takeover of Lydian Armenia, the owner of the controversial Amulsar gold mine. Lydian Armenia is a 100% …
Dollar drops, euro goes up in Armenia
The American dollar’s (USD) exchange rate against the Armenian dram (AMD) comprised AMD 402.33/$1 in Armenia on Monday; this is down by AMD 0.68 from the previous business day in the country, …
As part of ‘Turpanjian’ project over 10 business ideas implemented in Artsakh after the 44-day war
With the support of the Turpanjian Rural Communities Development Program of the American University of Armenia, 15 business ideas have been implemented in Artsakh after the 44-day war.
As part of ‘Turpanjian’ project over 10 business ideas implemented in Artsakh after the 44-day war
With the support of the Turpanjian Rural Communities Development Program of the American University of Armenia, 15 business ideas have been implemented in Artsakh after the 44-day war.