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Test for prime minister as Bulgarians elect president

  Sofia / AFP Bulgarians voted on Sunday in a first round of presidential elections, a key test of Prime Minister Boyko Borisov’s popularity in the EU’s poorest country. If his candidate and protegee Tsetska Tsacheva fails to win the presidency, Borisov might call early elections, plunging Bulgaria into renewed political uncertainty, experts say. Opinion polls suggest that Tsacheva, currently ...

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uae’s food sector sales poised to grow 7.4% every year till 2020

  Dubai / Emirates Business UAE food sales are projected to grow by an annual average of 7.3 percent ($16.7bn) between 2015 and 2020, according to a new BMI report commissioned by Dubai World Trade Centre (DWTC) and released in tandem with the opening of its annual trio of specialist foods shows, which run until November 9. In addition to ...

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FERG records spike in foreign currency transactions

  Dubai / Emirates Business The Foreign Exchange and Remittance Group (FERG), comprising businesses engaged in money exchange and remittances, has recorded a 10-15% increase in foreign currency exchange transactions for 2016 compared to the same period last year. Data compiled by the organisation from the ledgers of member exchange houses also shows a spike in foreign exchange purchase transactions ...

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