“Developing the existing industrial zones and creating new ones is important to successfully promoting and attracting investments from the Middle East and Africa. Bulgaria offers macroeconomic and political stability, which is key to any investment,” said Economy Minister Emil Karanikolov at a meeting with Egypt’s Minister of Investments Dr. Sahar Nasr.
Cairo and Sofia will set up a business council to help companies from the two countries get acquainted with the existing potential in different sectors.
“Even though trade between Bulgaria and Egypt is constantly growing, it is below the capacity of the two countries,” Agriculture Minister Rumen Porodzanov added. Dr. Sahar Nasr pointed to power generation, transport, communications, the food industry, agriculture and tourism as the most promising sectors for cooperation.
Bulgaria will be given six months to carry out the necessary reforms connected with the liberalisation of the energy market , otherwise it stands to lose EUR 653 million which it should receive as a second payment under the Recovery and..
The second edition of the Festival of Apiculture Products continues in Pleven. The exposition features honey and apiculture products, as well as honey cosmetics. The initiative for the event belongs to the regional apiary union and the Pleven..
During the night it will be cloudy with rainfalls in the western and central regions of Bulgaria, as snowfalls are possible in the high western areas. There will be almost no precipitation in the easternmost regions. The morning..
The average gross annual salary in Bulgaria in 2023 is 24,485 BGN (EUR 12,519) which is an increase of 15.3% compared to 2022, according to data from..
On Friday, cloudy weather will prevail over the country. The wind will be oriented from the northwest, will strengthen and in the Danube Plain its speed..
The due date for preventing the prospect of Borislav Sarafov taking the position of prosecutor general is drawing close, as is the deadline for..
Rain / Snow
Cloudy
Rain
Snow
Wet snow
Scattered showers
Cloudy