Statistics have shown a positive trend in trade relations between Bulgaria and Egypt with a 10-fold increase in Bulgarian exports marked in the period 2007 – 2017. The news was reported by Deputy Minister of Economy Alexander Manolev in Cairo, where a Bulgarian-Egyptian business forum opened, involving more than 100 companies from both countries. The first signed contract is for the establishment of a Bulgarian-Egyptian training center in the sphere of information and communication technologies, machine building and construction. The Egyptian Industrial Zone in Suez, in partnership with the Bulgarian company Dot Net Bulgaria, will invest around 2 million euros in creation of the center in Bulgaria. According to plans, over 400 specialists will receive training in the center annually.
The Bulgarian Ministry of Defense is requesting a postponement of one of the large payments under the contract for the second F-16 to 2028. Defense Minister Atanas Zapryanov said that this is necessary because Bulgaria will encounter difficulties in..
Great Britain has issued a special license on Friday that allows businesses to continue to work with two Bulgarian subsidiaries of sanctioned Russian oil company Lukoil, Reuters and BNR Horizont reported. The general license allows companies and banks to..
The leader of "We Continue the Change", Asen Vassilev, described the selection of Rumen Spetsov as a special manager at Lukoil as a "bad joke". "Rumen Spetsov was appointed to collect taxes, not to manage a refinery. There is a..
Bulgaria’s GDP is expected to grow 3% this year, the European Commission said in its Autumn Economic Forecast, as reported by BTA. The projection marks..
In 2026, Bulgaria will assume the presidency of the EU Strategy for the Danube Region for the second time. The symbolic handover of the presidency took..
The European Commission has approved 70 projects across the EU , worth more than €600 million , to support alternative fuels and reduce vehicle..
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