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Turkish fashion brand makes UAE debutLufian, a leading Turkish international fashion brand, in co-ordination with GCC franchisee company H2 Fashion, has launched its first UAE store at the expanded Al Wahda Mall in Abu Dhabi. More… |
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Burgan to buy Turkish arm of EFG EurobankBurgan Bank, one of Kuwait’s leading banks with presence in Jordan, Iraq, Algeria and Tunisia, has entered into an agreement with Greek lender Eurobank EFG to acquire a 99.26 per cent stake in Eurobank Tekfen, Turkey. Under the terms of th More… |
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Alstom wins major Iraq energy contractAlstom Grid said it has won a 80 million euros ($116 million) contract from Turkish energy company Calik Energy to supply electrical transmission equipment for its plant in Iraq. A leader in power generation, transmission and rail infrastr More… |
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Al Baraka Turk plans $250m Islamic loanThe Turkish subsidiary of Bahraini Islamic lender Al Baraka has mandated banks for a $250 million sharia-compliant facility, the chief executive of the parent company said on Sunday. 'We'll be signing it on September 15,' Adnan More… |
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Turkish firm to set up clothing factoryA leading Turkish company plans to set up a clothing factory in Bahrain. Otra Anatolia chief executive officier Husammettin Toprak confirmed plans to open a branch of the Turkish parent company. The scheme was unveiled as Industry and Comm More… |
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Saudi Cable takes stake in Turkish firmSaudi Cable Co said on Sunday it has agreed to buy a 79-percent stake in Turkish electronic equipments maker Elimsan for 123.75 million riyals ($33 million). "Elimsan's takeover ... is among strategic steps taken by the (Saudi Cable) compa More… |
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Turkish wedding attack kills 44 in blood feudMasked gunmen armed with assault rifles and grenades attacked a wedding party in mainly Kurdish southeast Turkey, killing 44 people including many women and children, the interior minister said. The attack on Monday evening was one of the More… |
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Turkish garment major plans 8 new outletsTurkish clothing major Koton has planned to open eight new shops in the GCC next year, a top company official said. While the UAE will get three new outlets, Saudi Arabia will get the rest, taking the total stores of the company in the reg More… |
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Turkish school explosion leaves 17 deadA gas explosion killed at least 17 girls and injured 27 others, wrecking a dormitory at a school in southern Turkey on Friday, a military rescue official said. Several girls were feared trapped under the rubble of the three-storey building More… |
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Over 150 Kurd rebels killed in Turkish bombingMore than 150 Kurdish rebels from the separatist Kurdistan Workers' Party (PKK) have been killed in Turkish bombing raids carried out in northern Iraq, the Turkish army said. "According to initial estimates, this operation allowed us to ne More… |
