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Turk-Chinese consortium lands $5.6bn Dubai Metro contractDubai’s Roads and Transport Authority has announced that a consortium of leading Turkish and Chinese companies - Mapa, Limak and CRRC - has secured the contract for the Dubai Metro Blue Line project being set up at an investment of AED20 More… |
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Turkish carrier Pegasus places Boeing order for 200 aircraftPegasus Airlines, a leading low-cost airline in Türkiye, has signed a new order agreement with Boeing for 200 aircraft to further strengthen its fleet with next-generation aircraft in line with its growth targets. More… |
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Malath picks Turkish group to deliver satellite communication terminalsMalath, an EDGE Group entity focused on facilitating trade with Turkish companies, has signed a collaboration deal with ERA RF Technologies, Türkiye’s leading provider of advanced communication solutions. More… |
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Acwa Power inks debt restructuring deal for Turkish affiliateAcwa Power, a leading Saudi developer of utility projects, has announced that it has, along with its related subsidiary entities, reached a debt and ownership restructuring agreement with the lenders and minority shareholders of its Turkish af More… |
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Reportage seals deal with Turkish, Azeri groups for real estate JVUAE-based Reportage Properties has joined forces with Turkish group Mesa Holding and Azeri investment company Sabah to launch a new venture - RMS Capital Investment - that will focus on boosting investments in the global real estate market. More… |
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THAI, Turkish Airlines eye joint ventureTurkish Airlines, flag carrier of Türkiye, and Thai Airways International Public Company Limited (THAI) have signed an MoU to move towards a joint venture agreement between the two airlines. Under th More… |
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Dar Al Handasah takes over Turkish engineering consultancyDar Al-Handasah Consultants (Shair and Partners) – Dar, a renowned international multidisciplinary consultancy, has acquired a majority stake in Su-Yapı Engineering & Consulting – Su-Yapı, one of Türkiye’s premier en More… |
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Pegasus Airlines posts 33.7% growth 2022 passengersPegasus Airlines, a Turkish low-cost carrier, said the number of the low-cost airline’s guests increased year-on-year by 33.7% to reach 26.9 million, and its turnover grew by 139% to reach €2.45 billion in 2022. Pegasus More… |
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Top UAE-Turkish contractors set for key Dubai roundtableLeading contractors from Turkey along with the key stakeholders from the UAE real estate and construction sector will convene in Dubai this week for the UAE-Türkiye Real Estate Development Construction Roundtable. More… |
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Arçelik, Hitachi GLS to form home appliances JVArçelik AŞ, a Turkish multinational household appliances manufacturer, and Hitachi Global Life Solutions (Hitachi GLS) have signed a share purchase agreement to establish a new joint venture company. More… |