Saudi telecommunications company "Tawal" is in the process of buying 100% of the passive infrastructure of BTC's mobile networks, which are owned by United Group. This became clear after a meeting between Minister of Economy and Industry Nikola Stoyanov and Mohammed Al-Hakbani, CEO of "Tawal". The company is a subsidiary of the Saudi Telecom Company (STC). This would be the largest Saudi investment in Bulgaria totaling about 1.2 billion euros, the ministry announced.
On April 20, Tawal and United Group signed an agreement for acquisition of BTC's passive infrastructure, with United Group selling 100% of its passive mobile network infrastructure in Bulgaria, Croatia and Slovenia to Tawal. 60% of the acquired assets under the deal are in Bulgaria.
Bulgaria can be a strategic partner of Japan for the region of Eastern and Central Europe. This was stated by Bulgarian President Rumen Radev as he welcomed the participants in the business breakfast organized by the Japan-Bulgaria Business..
Property prices on the Black Sea coast have risen by 20%, Nova TV reported, citing major real estate agencies in the Burgas region. Most of the buyers are from Bulgaria and are looking to buy large apartments as an investment, mainly for holiday use...
Cooperation between Bulgaria and China in the field of agriculture and food is very active and is constantly expanding. This was stated at a meeting in Sofia between Deputy Minister of Agriculture and Food Lozana Vasileva and Wan Lejun, Chief Animal..
The preparation of the non-banking financial sector for the introduction of the euro is at a very advanced stage and a significant part of it has..
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