Bulgarian-based Arco Invest, a unit of Estonian real estate company Arco Vara, will sell part of a residential development in Sofia to Maltese-owned Cleves for 8.1 million euro ($12.5 million).
The name Sarajevo comes from the Turkish word saraj, meaning palace...
The name Sarajevo comes from the Turkish word saraj, meaning palace. The city is the most Arabic in atmosphere in Europe, with cathedrals, churches and synagogues standing side by side with mosques and the central Bascarsija or Oriental bazaar.