Major Flooding in UAE: Dubai Airport Turned Into a Lake
The United Arab Emirates (UAE) was plunged into chaos as heavy rains lashed the region, causing widespread flooding and the closure of Dubai Airport
8 Bulgarian companies took part in GITEX - the largest technology exhibition in the Middle East. It was held from 8 to 12 October at the World Trade Center in Dubai, UAE.
The Ministry of Economy and the Bulgarian Investment Agency (BAI) supported financially the Bulgarian start-up companies with space and stand during the exhibition.
Over 500 meetings and conversations with participants from over 20 countries, including UAE (Dubai, Abu Dhabi, Ajman, Al Sharjah), Bahrain, England, Iran, Pakistan, India, Nigeria, Italy, Egypt, Lebanon, USA.
Representatives of BAI met with colleagues from the Cyprus Investment Agency and the Kuwaiti Investment Agency, discussing the potential signing of a co-operation agreement to increase the opportunities for attracting investment. Interest in Bulgaria for expanding its business has been expressed by companies working in the field of IT, Robotics, Cybersecurity.
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As the May holidays mark the onset of sea tourism, Bulgarians and foreigners preparing for their annual getaways are facing a stark reality: trips this year will come with a heftier price tag
Sofia, the vibrant capital of Bulgaria, is experiencing a surge in its economic landscape, surpassing the average European standard of living, according to senior researcher Peter Ganev from the Institute for Market Economics
Mounting uncertainty looms over Bulgaria's anticipated entry into the Eurozone, with officials cautioning that the prospect may be delayed amidst persisting inflation challenges
In an unexpected turn, Bulgaria and Turkey have been notably absent from the list of the ten cheapest European summer destinations for British tourists
According to the latest data released by the National Statistical Institute, Bulgarian household incomes experienced a remarkable surge in 2023, reaching an average of BGN 10,846 per household member.
The National Statistical Institute's latest report unveils a marginal annual increase in the income of Bulgarians in 2023 compared to their expenses, marking a reversal of the trend observed in 2022
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022