Sunday 13 July 2014
Turkish firm

Oasis500 secures $1m Turkish funding

Oasis500, a premier early stage and seed investment company in the region, said it has secured a $1 million investment from Turkey-based Timar Ventures to fund the fast-growth and investment-ready early stage companies. Announcing this at


Turkish firm eyes top EU glass brand

Turkey's biggest glassmaker Sisecam is interested in possible buying opportunities including a European glass manufacturing brand as it seeks to expand overseas, its chief executive Ahmet Kirman said. The company also plans to invest in Ir


ADNL selects LeaseFlex software

Abu Dhabi National Leasing Company (ADNL), the lease finance arm of National Bank of Abu Dhabi, has selected Turkish firm Sigma Consultancy's LeaseFlex software for managing equipment and fleet leasing. LeaseFlex by Sigma Consultancy i


Baalbaki Group acquires Turkish firm

Baalbaki Group, a leading Lebanese provider of Polyurethane raw materials and specialty chemicals, has acquired Turkish firm Depur Kimya as part of its regional expansion plans. Baalbaki Group has a major presence in the region with office


UPS plans Middle East foray

The world's largest package delivery company United Parcel Service (UPS) said that it has bought a majority stake in its Turkish service agent in order to grow its business in the Middle East and Central Asia. The Atlanta-based company


Turkish firm wins $487m Oman port deal

Oman has awarded Turkey's STFA and its local partner a RO187 million ($487.1 million) contract to build facilities for Duqm port, a company official said on Tuesday. 'We have been awarded this week the second phase of maritime proj


Taib Bank acquires Turkish firm

Taib Bank, private bank based in Bahrain, has made an important strategic acquisition in Turkey, one of its key focus markets. Taib Yatirim, the brokerage subsidiary of Taib's Istanbul-based unit, has completed the acquisition of PDF

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