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
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
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, 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
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
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, 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