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FINANCIAL NEWS
Saudi Arabia, Turkey to boost business ties
25 Apr 2016
(MENAFN) Turkey and Saudi Arabia will enhance their partnership due to the share of a common ground of history, culture and faith.
Additionally, Saudi investments in Turkey are increasing, as by the end of 2015 there are 744 Saudi firms in Turkey, with 149 of those operating in real estate.
Moreover, recent applicants from Saudi Arabia involve Acwa Power International in the energy sector and Iris Capital in the e-commerce sector.
Whole FDI flow through the last five years from KSA to Turkey reached USD 553mn, with the total FDI stock from KSA to Turkey reaching USD 2bn.
More News
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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