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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
05 Aug 2024
With the support of BBK, BIBF and BJA hold a graduation ceremony for journalists completing the training program
29 Jul 2024
BBK discloses its financial results for the half year ended 30th June 2024
09 Jun 2024
BBK Successfully Closes USD Benchmark Bond Offering at $500 Million, in Collaboration with a Consortium of Regional and International Banks.
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