Armenia Signs Historic $300 Million AI Deal in First-Ever Syndicated Loan
Armenia has taken a major step in developing its financial and technology sectors by signing its first-ever syndicated loan agreement to support a large artificial intelligence project. The deal brings together six financial institutions to provide $300 million in financing to Firebird AI, making it the largest transaction of its kind in the country’s banking history. The agreement is a new stage for Armenia’s financial system, introducing a model in which multiple banks and
18 hours ago
Armenian Court Drops Treason Charges Against MFA Employee Accused of Spying for Azerbaijan
Ashkhen Aleksanyan, an employee of Armenia’s Ministry of Foreign Affairs who had been accused of state treason and was reported to have had ties with an Azerbaijani, has been acquitted by a Yerevan court. The decision was announced by her lawyer, Abgar Poghosyan, in a post on his Facebook page. The case, which began in the summer of 2025, drew wide public attention due to serious allegations of espionage and conflicting reports in the media about the identity and role of the
19 hours ago
Winston Churchill, Celine Dion, Salma Hayek, Monica Bellucci — And Now Suren Papikyan: France’s Top Legion of Honour Goes to Armenia’s Defense Minister
Armenia’s Minister of Defense Suren Papikyan has been awarded one of France’s highest national honors, the Legion of Honour. The award was granted by decree of French President Emmanuel Macron. Papikyan shared the news publicly, confirming that the distinction had been officially bestowed upon him. “The decoration was presented to me by French Prime Minister Sébastien Lecornu, who highly appreciated my significant contribution to the development of Armenia–France relations,”
20 hours ago
Pashinyan to Parade New Weapons Days Before Vote; Opposition Calls It Political Theater
Armenian Prime Minister Nikol Pashinyan has announced that newly acquired military equipment will be presented to the public during a large event in Yerevan later this spring, describing it as an “accountability event rather than a military parade.” Speaking at a press briefing on Thursday, Pashinyan said the event will take place on May 28 in Republic Square, the central location traditionally used for major state ceremonies. The date coincides with Republic Day, one of Arme
21 hours ago
