Ras Al Khaimah organises Ramadan Festival
The Ras Al Khaimah Chamber of Commerce and Industry will organise the Ras Al Khaimah Ramadan Festival. The festival will have daily activities to be organised at various locations in the emirate. Saeed Musabah Al Nuaimi, the deputy director of the chamber, said "We have decided that this is the right time to launch the [...]
Renewable energy investment for Turkey
Turkey’s renewable energy sector has received an investment from French wind power producer Perfect Wind who have announced plans to invest 210 million Euros in Turkey for a 150 megawatt wind power station. The company, owned by Spain's Iberdrola plans to invest a minimum of 1.5 billion Euros in Turkey's renewable energy sector in the [...]
Turkey attracts international buyers
Turkey is seen as an affordable market for international buyers, it is an alternative to the well-travelled destinations previously favoured in Europe. An estimated 70,000 foreigners have bought property in Turkey since it was opened to international buyers five years ago, making it one of the fastest-growing markets in the region. “For those interested in [...]
Turkey's STFA awarded Oman port deal
Oman has awarded Turkey’s STFA and its local partner a $487.1 million contract to build facilities for Duqm port, a company official has announced. Oman is developing Duqm as its second major industrial port after Sohar. The project, which includes building a navy quay wall and breakwater facilities as well as carrying out dredging work, [...]
Dubai and Shanghai further relations
Vice President and Prime Minister of the United Arab Emirates Sheikh Mohammed bin Rashid al-Maktoum met with the visiting Mayor of Shanghai, Han Zheng, to discuss relations between the regional business hub Dubai and Shanghai, China's business and financial hub. Han Zheng expressed hopes that Shanghai and Dubai, which are sister cities, will further boost [...]