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FINANCIAL NEWS
Saudi Arabia to invest USD 15bn in Turkey
03 Mar 2016
(MENAFN) KSA are now investing USD 15bn in Turkey, while it seeks to double this amount in the near future, and the investment sectors are power adding up USD 4bn investment.
Accordingly, joining the EU will be a positive step and the Kingdom is working on increasing the rights in Turkey, and it opts to be the second strongest economy in Europe.
Furthermore, KSA prefers to make deals on government level to apply risk management, in order to offer up to 800,000 housing units to KSA amid 10 years.
In addition, Turkey has finished 198 projects in their country among 13 years with a whole value of USD 198bn, and they are open to investments from KSA and to share their experiences.
More News
17 Sep 2025
BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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