Browsing Tag
Armenia
7 posts
Georgia Capital clears final US$50m bond as debt-free holding company starts GEL 1bn capital programme
Georgia Capital is eliminating its final US$50 million holding-company bond while launching a GEL 1 billion programme spanning buybacks, dividends and new investment.
August 19, 2026
Firebird has opened its Armenia AI factory. Can 15 MW really become 2 GW by 2028?
Firebird has opened a 15 MW artificial intelligence factory in Armenia powered by 6,144 NVIDIA B200 GPUs, turning the first phase of an ambitious infrastructure programme into an operating asset. The harder challenge now is scaling beyond 70,000 GPUs in Armenia and toward a roughly 2 GW international network without allowing power, deployment or customer utilisation to lag behind capacity.
August 9, 2026
EU opens market to Armenian exports as Russia tightens economic pressure on Yerevan
Russia is closing markets to Armenian goods. The European Union is answering with tariff relief, funding and access to 450 million consumers.
July 3, 2026
Hayasa Metals expands mineralized zone at Urasar as Phase 2 drill assays confirm sulphide continuity
Find out how Hayasa Metals’ latest assays at the Urasar Project confirm copper-gold-molybdenum continuity and signal a larger polymetallic discovery in Armenia.
November 12, 2025
Bank of Georgia Group to acquire Ameriabank CJSC for $303.6m to expand reach
Bank of Georgia Group PLC (“BOGG”) has officially announced its plan to acquire 100% of Ameriabank CJSC, a…
February 20, 2024
Nokia collaborates with Ucom for enhanced network and 5G readiness in Armenia
In a strategic move poised to revolutionize Armenia’s telecommunications landscape, Nokia has been chosen by Ucom to enhance…
February 12, 2024
Computer vision and AI company DeepCraft to be acquired by Picsart
Picsart, a San Francisco-based digital creation platform, has agreed to acquire DeepCraft, an Armenian computer vision and artificial…
December 5, 2021