Text size

Bulgarian company awarded with gold license for investment project in Egypt

published on 1/3/25 1:24 PM

Photo: Egypt's Ministry of Investment and Foreign Trade

On the last day of last year, the Egyptian Minister of Investment and Foreign Trade Hassan al-Khatib awarded a total of nine gold licenses at a ceremony at the General Agency for Investment and Free Zones, which was also attended by the Bulgarian Ambassador Deyan Katrachev.

“Balkan Agricultural” was awarded for its project to build and commission a plant for the production of tomato paste and vegetable and fruit concentrates in the 6 October City near Cairo. The investment worth about 20 million euros is expected to provide 80 jobs during the first phase of the project. Eighty percent of the production will be exported.

Bulgaria and Egypt discuss possible direct air routes

Over the past two years, several Bulgarian companies in the fields of high technology and software engineering, outsourcing and other sectors have managed to enter the Egyptian market.

In the first eight months of 2024, trade between Bulgaria and Egypt reached a record level of $1.4 billion.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria Economy Cairo Egypt

More from category

International Technical Fair 2025 kicks off in Plovdiv

Plovdiv is hosting the 79th International Technical Fair from September 24 to 27, 2025 , bringing together leading companies, innovators, and industry professionals. The Forum highlights technological advancement and sustainable development across key..

published on 9/24/25 8:55 AM

Fabian Bornhorst, head of the IMF mission in Bulgaria (R), and Svetlomira Porova, journalist at Capital Daily.

IMF: Bulgaria must strengthen fiscal discipline

Bulgaria has the opportunity to reap the full benefits of eurozone membership , but this will require stronger fiscal discipline, effective management of transition risks, and accelerated structural reforms , the International Monetary Fund (IMF)..

published on 9/23/25 5:16 PM

Bulgaria's wine sector sees poor grape harvest amidst growing investment interest

In mid-September, the traditionally great Christian feast of the Holy Cross (September 14) marks the beginning of one of the most anticipated agricultural processes – the grape harvest campaign. 2025 is no exception, but due to a number of factors, the..

published on 9/18/25 1:10 PM