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FinancialNews


  • 21-11-19

    Turkey expands cooperation with Islamic bank

    (MENAFN) The Islamic Development Bank (IsDB) Group, Turkey will expand their cooperation through major transactions worth more than USD500 million in Istanbul next week.

    The bank said in a statement on Wednesday, the signing will take place at the 35th Ministerial Meeting of the Committee for Economic and Commercial Cooperation of the Organization of the Islamic Cooperation (COMCEC) on Nov. 27.

    Two major projects, Gaziray Suburban Line and Light Rail Transit Project USD69.7million and Kayseri Light Rail Transit Project USD33.23 million will be part of the deals.

    The meeting between Treasury and Finance Minister Berat Albayrak and Trade Minister Ruhsar Pekcan will include the inauguration of Turkey's High Speed Train USD345.5 worth Project.

    MENAFN2111201900450000ID1099306015

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