19 May 2012
(MENAFN) Qatari Prime Minister Hamad Bin Jasim Bin Jabr Al Thani announced that the top LNG exporter will deposit USD200 million in the Bulgarian central bank as a proof of solid intentions to invest in the Balkan nation, Arabian Business reported.
The move comes after Bulgarian Prime Minister Boiko Borissov said that Qatar plans to invest in farms, building resort villages and infrastructure projects.
Other partnership agreements were also firmed to cooperate in the farming, cattle-breeding, food trade, spa and tourism, real estate, mining, health and culture sectors.
In March, Bulgaria’s economy and energy minister, Traicho Traikov, resigned from his role after returning from a business forum in Qatar intended to attract investments to the country.
While 103 Bulgarian firms’ representatives attended the event, no Qataris attended, despite 500 being invited.
Last year, it was reported that Qatar was eyeing plans to build a new receiving terminal for liquefied natural gas in Europe with Bulgaria a possible location.
27 Jan 2025
BBK offers customers with exclusive Tas’heel and Mazaya Finance to own their dream home
15 Jan 2025
BBK Signs Strategic Partnership with Bahrain Airport Company to Develop “Express Cargo Village”
08 Jan 2025
Bank of Bahrain and Kuwait and Global Payment Services Deliver the First Advanced Fraud Prevention Solution for Wallet Provisioning in the Kingdom of Bahrain
26 Dec 2024
BBK proudly supports “Celebrate Bahrain” as a gold sponsor in cooperation with BTEA
17 Nov 2024
BBK and Asia Jewellers announce exclusive offers to its customers at Jewellery Arabia 2024
12 Nov 2024
BBK partners with Durrat Al Bahrain to offer exclusive financing for Jawhart Al Marjan
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more