Month: September 2007

Hollywood in Bulgaria

Movie stars Morgan Freeman and Antonio Banderas will begin shooting a film at Bulgaria’s New Boyana Film Studio in Sofia this winter. Filming will begin in mid-October and wrap December 2007. Double Emmy award winner Mimi Leder who has worked on films like The Peacemaker, TV series ER, The West Wing and Vanished will direct…. Read more »

New mortgage products in Dubai

A partnership with a UK building society and the National Bank of Dubai means customers will be offered a simplified mortgage experience when buying property in Dubai. Historically it has been a challenge to arrange a mortgage in Dubai and the new service is available to both UK and Dubai residents, allowing them to arrange… Read more »

Dubai and the US swap investment tips

American financiers like David Rubenstein of the Carlyle Group have started to look towards the Middle East in search of energy dollars to finance deals in the United States. Rubenstein has had to defend his firm’s Middle East fund search as investment attention on the Middle East comes at a particularly delicate moment. Last year,… Read more »

Russians dream of Bulgaria

With house prices in Russia going through the roof, many Russians are looking abroad to get a foot on the property ladder. Bulgaria is increasingly becoming the most favoured destination. In recent years, the price of property in the Russia’s major towns and cities has shot up. It’s no wonder then that Russians are looking… Read more »

Turkey and Spain are Bulgaria’s main tourism rivals

The State Agency for Tourism (SAT) has published research that Bulgaria's main competitors in tourism are Turkey, Greece and Spain. The survey questioned tourists where they would go if they had not arrived in Bulgaria. 17% said Turkey was their second choice. The SAT research also showed the satisfaction rating had not changed over the… Read more »

New mortgage products in UAE

A partnership with a UK building society and the National Bank of Dubai means customers will be offered a simplified mortgage experience when buying property in Dubai… Full story here Dubai Property News

Dubai and US reciprocal investments

American financiers like David Rubenstein of the Carlyle Group have started to look towards the Middle East in search of energy dollars to finance deals in the United States… Read full story Dubai real estate

Billionaire investor puts bets on Bulgaria

Tottenham Hotspur and Rangers football club investor Joe Lewis is to invest 70 million pounds (100.52 million euro) in the Bulgarian property market. In Septmeber 2007, Lewis bought a stake in one of Wall Street's big five investment banks Bear Stearns. Lewis originally made his name when he teamed up with speculators to bet on… Read more »