Yerevan News
News
Yerevan celebrates the 2800th anniversary of its founding with a spectacular light show projected onto Republic Square's government buildings. The city faces water shortages as Lake Sevan levels drop to historic lows, prompting emergency conservation measures.
Business News
Armenia's tech capital sees major growth as PicsArt announces a $50 million expansion of its Yerevan headquarters. The Armenian Wine Company reports record exports to China and the EU, while construction begins on a new IT park in the Davtashen district.
Economic News
Yerevan's economy grows by 4.2% in Q2 2025, outpacing regional peers, driven by IT services, tourism and diamond processing. The Central Bank maintains high interest rates (9.5%) to combat persistent inflation currently at 8.1%.
Political News
Protests continue outside Parliament over proposed constitutional reforms that would strengthen presidential powers. Prime Minister Nikol Pashinyan faces criticism over slow progress in anti-corruption measures and border security negotiations with Azerbaijan.
Election News
With municipal elections scheduled for October, opposition parties rally around promises to address Yerevan's traffic congestion and air pollution. Recent polls show the ruling Civil Contract party's approval rating at 42%, down 6 points from last year.
Employment News
Unemployment falls to 12.8% (from 15.2% in 2024), with tech sector jobs growing by 18% annually. The new TUMO Center for Creative Technologies opens in Ajapnyak district, offering free digital skills training to 5,000 youth annually.
Business News
NASDAQ OMX Armenia exchange hits record highs, led by Ameriabank (+11%) and Grand Candy (+9%) shares. Zangezur Copper Molybdenum Combine stocks surge 15% on rumors of new EU investment in critical minerals.
Forecast
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Monday: Sunny, 34°C
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Tuesday: Hazy, 36°C
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Wednesday: Thunderstorms, 30°C
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Thursday: Partly cloudy, 32°C
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Friday: Sunny, 35°C
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Saturday: Scattered showers, 31°C
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Sunday: Clear, 33°C
Entertainment News
The Yerevan Opera Theater premieres a modern reinterpretation of Aram Khachaturian's "Gayane" ballet. The Golden Apricot International Film Festival announces its competition lineup featuring 12 world premieres from Eurasian filmmakers.
Upcoming Events
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June 28: Yerevan Wine Days festival opens
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June 20: Vardavar Water Festival (citywide celebrations)
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June 21: Summer Solstice concert at Cascade Complex
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June 22: FC Pyunik championship celebration at Republic Square
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June 24: Armenian Jazz Fest at Moscow Cinema
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June 26: Book Fair at Armenian National Library
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June 28: Yerevan Beer Festival in Lovers' Park
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June 29: Hiking Day at Mount Aragats
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July 1: Open-air cinema series begins in Circular Park
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July 3: Traditional Lavash Festival at Vernissage Market
Transport Update: Yerevan launches 50 new electric buses on major routes as part of its "Green City" initiative.
Stay tuned for more updates from one of the world's oldest continuously inhabited cities, where ancient history meets 21st century innovation!
Cultural Note: The Matenadaran museum unveils newly digitized medieval Armenian manuscripts this week, making them accessible worldwide for the first time.
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