Investment

December 13, 2016

Kuwait emir appoints new oil minister

Kuwait’s prime minister formed a cabinet that includes a new oil minister. The government has seven new faces including Essam Al Marzouk who was named minister […]
December 15, 2016

Bank of Bahrain and Kuwait (BBK) expands into Turkey

Bank of Bahrain and Kuwait (BBK), one of Bahrain’s leading banks, has recently opened a representative office in Turkey. BBK CEO Reyadh Sater said, “The Turkey […]
December 15, 2016

European Bank for Reconstruction and Development (EBRD) provides US$ 134.75 million loan to Turkey

In a move to enhance reforms in the Turkish electricity sector, the European Bank for Reconstruction and Development (EBRD) is financing electricity companies operating in the […]
December 15, 2016

SOCAR’s investment in Turkey tops $18 billion

Rovnaq Abdullayev, SOCAR’s president, stated that when the company’s $18 billion investments in Turkey are completed, they will contribute much to help Turkey reduce energy imports […]