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Armenia’s Zvartnots Voted the Best Airport in the CIS

Yerevan, Armenia, ArmRadio – Yerevan’s Zvartnots International Airport was chosen the “Best Emerging Airport of Russia, CIS & Baltic States.” The results of the votes for over 20 nominations were announced during the second Annual

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Expensive Airfare Major Obstacle to Tourism in Armenia

Yerevan, Armenia, Tert.am – The high prices on airline tickets are a key impediment to tourism in Armenia, according to a Yerevan municipality official.

At a news conference on Wednesday, Maria Baraghamyan, the head of …

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International Tourism to Continue Robust Growth in 2013

Madrid, Spain, UNWTO – International tourist arrivals grew by 4% in 2012 to reach 1.035 billion, according to the latest UNWTO World Tourism Barometer. Emerging economies (+4.1%) regained the lead over advanced economies (+3.6%), with …

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Armenia Part of the Black Sea Silk Road Corridor Project

Armenia is part of the Black Sea Silk Road Corridor (BSSRC) Project along Georgia, Greece, and Turkey. Launched in January 2013, BSSRC is a two-year project funded by the Armenian Monuments Awareness Project (AMAP) as …

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Bringing an Armenian Touch to Macau, China

Three members of the Armenian Guides Guild, certified by the World Federation of Tourist Guides Associations (WFTGA), finished their trip to Macau, China today within the framework of WFTGA’s bi-annual convention.

WFTGA, an affiliate …

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Annual Economic Growth Projections in Armenia in 2013-2015

Yerevan, Armenia, ARKA news agency – Armenia’s economic growth may hit 4% and remain unchanged in 2014-2015, says the report on stability of Armenian financial system published on IMF’s website Friday.

Armenia’s economic growth will

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Best Armenian Technology Startups of the Year Announced

The Association of Technology Start-ups of Armenia and EDMC Project announced the winners of the Armenian Technology Startups (ATS) 2012 awards on December 26. The award ceremony, which was attended by Armenia’s Prime Minister Tigran …

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New Agricultural Loan Products Support Farmers to Increase Livestock

EDMC’s partner financial institution, Good Credit Universal Credit Organization, successfully disbursed its first five agricultural loans to rural cattle breeding farmers in Avan village, Aragatsotn marz, in December. With the use of these loans, the …

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Year-long Tourism Survey Launched in Armenia

On December 21 EDMC, together with the Armenian Ministry of Economy, the National Statistical Service, the National Competitiveness Foundation of Armenia, and the GIZ Private Sector Development in South Caucasus Program, signed a Letter of Intent, …

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ArmTech 2012 Embraces a New Wave of High-Tech Developments

Armenia’s fifth high-tech industry business forum – “ArmTech 2012. Learning from the Past and Inventing the Future”, achieved unmatched success from December 10 to December 12 in Silicon Valley, US. Armenia’s government signed three memoranda of understanding …

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