ISTANBUL (Enna) - signed Turkish investment companies and other Saudi, in Istanbul, today, in the context of the great development of the Turkish Saudi economic relations 3 agreements in real estate, valued at 800 million pounds , "US $ 260 million."
The signing took place on the sidelines . " property tenth exhibition ", which kicked off today and lasts two days, in the presence of the Saudi consul in Istanbul, Assistant Knawy, and mayors" Sbanga, "and" Light, "and" Osenlr "Turkish.
the aim of the exhibition , which saw the participation of more than 55 exhibiting companies, and more 200 a Saudi businessman, to develop a real estate investment and commercial relations between Turkey and Saudi Arabia.
and announced the "Group guide" Saudi Group for the establishment of the company "black" (be subordinate to it) with a capital of 300 million Turkish lira ($ 100 million), in order to invest in the establishment of real estate funds, and the purchase of assets in the value -added areas (expected recovery).
as has signed a second agreement between the two "coalition of Zamil Holding" (Saudi Arabia) and "24 Real Estate fund and investment" (Turkish) with a capital of 500 million pounds (160 million dollars), the aim of the establishment of bilateral partnership in the field of real estate investment between the two countries.
the third agreement signed between the company (ksa) law firm and investment and legal services (Turkish), and a vertical Holding Arabia, aims to facilitate Saudi investors work in Turkey.
Mohammed joyful, Prime real estate Union of the OIC countries, said that " the Saudi -Turkish relations culminated in the last week, the composition of the binary format, as part of the economic aspect, and we have several initiatives in the economic side, on top of the forum, which includes the Saudi real estate exhibition Turkish with the participation ofbusinessmen, to launch new investment projects. "
for his part, Mustafa Coxo, representative of the agency to support and promote the Turkish prime minister of investment, in the Gulf states," this is the forum for us important, because it works on the development of the relationship between the two countries, and these exhibitions offers opportunities investment in real estate, and this would serve to link therelationship further.
The signing took place on the sidelines . " property tenth exhibition ", which kicked off today and lasts two days, in the presence of the Saudi consul in Istanbul, Assistant Knawy, and mayors" Sbanga, "and" Light, "and" Osenlr "Turkish.
the aim of the exhibition , which saw the participation of more than 55 exhibiting companies, and more 200 a Saudi businessman, to develop a real estate investment and commercial relations between Turkey and Saudi Arabia.
and announced the "Group guide" Saudi Group for the establishment of the company "black" (be subordinate to it) with a capital of 300 million Turkish lira ($ 100 million), in order to invest in the establishment of real estate funds, and the purchase of assets in the value -added areas (expected recovery).
as has signed a second agreement between the two "coalition of Zamil Holding" (Saudi Arabia) and "24 Real Estate fund and investment" (Turkish) with a capital of 500 million pounds (160 million dollars), the aim of the establishment of bilateral partnership in the field of real estate investment between the two countries.
the third agreement signed between the company (ksa) law firm and investment and legal services (Turkish), and a vertical Holding Arabia, aims to facilitate Saudi investors work in Turkey.
Mohammed joyful, Prime real estate Union of the OIC countries, said that " the Saudi -Turkish relations culminated in the last week, the composition of the binary format, as part of the economic aspect, and we have several initiatives in the economic side, on top of the forum, which includes the Saudi real estate exhibition Turkish with the participation ofbusinessmen, to launch new investment projects. "
for his part, Mustafa Coxo, representative of the agency to support and promote the Turkish prime minister of investment, in the Gulf states," this is the forum for us important, because it works on the development of the relationship between the two countries, and these exhibitions offers opportunities investment in real estate, and this would serve to link therelationship further.
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