Turkey, Russia sign $400m investment deal
Erman Ilicak, Chairman of Turkey's Renaissance Holding
Ankara - KUNA
Turkey and Russia signed Monday an investment agreement with a value of USD 400 million in fields of construction and health care.
The agreement was signed by Kirill Dmitriev, Russian Direct Investment Fund's Chief Operating Officer, and Erman Ilicak, Chairman of Turkey's Renaissance Holding.
"We will cooperate with the Renaissance Holding in projects like shopping malls and health care, and this cooperation will be a good example of Russian-Turkish partnership," Dmitriev told a joint news conference with Ilicak.
"This partnership is important to creating job opportunities in the two countries, which will contribute to pushing the economy of the two sides," he added.
Ilicak said Turkey has USD 1.8 billion worth of investment in Russia. "We will work on increasing them to USD 3.2 billion in five years," he added.
Ilicak said that each of Russia and Turkey would allocate USD 200 million to the agreement, signed on sidelines of Russian President Vladimir Putin's visit to the country.
GMT 09:54 2018 Tuesday ,23 January
Davos-bound bosses very upbeat on world economyGMT 09:37 2018 Tuesday ,23 January
Former KPMG executives charged in accounting oversight scamGMT 22:49 2018 Sunday ,21 January
Brexit special trade agreement possibleGMT 22:46 2018 Saturday ,20 January
China economy rebounds in 2017 with 6.9% growthGMT 22:37 2018 Saturday ,20 January
GE takes one-off hit of $6.2 bn linked to insurance activitiesGMT 19:58 2018 Saturday ,20 January
Watchmakers hope to make Chinese market tickGMT 19:54 2018 Saturday ,20 January
US shutdown unlikely to harm debt rating: FitchGMT 19:50 2018 Saturday ,20 January
EU's Moscovici slams Ireland, Netherlands as tax 'black holes'
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
GMT 10:18 2016 Wednesday ,23 March
cartoon seven
GMT 16:17 2018 Thursday ,30 August
Five Saudi women pilots granted GACA licences
GMT 23:58 2018 Sunday ,07 January
Egypt Copts mark Christmas Eve after bloody yearGMT 11:53 2011 Tuesday ,18 October
It\'s a scream
GMT 12:24 2018 Thursday ,04 January
Federer cruises towards Australian Open with another Hopman Cup winGMT 04:18 2013 Wednesday ,29 May
LG launches White Nexus 4 phone
GMT 08:41 2017 Friday ,06 January
Iraqi forces fight fierce clashes in Mosul
GMT 00:24 2017 Monday ,23 October
Five Saudi-paid mercenaries killed in JawfGMT 16:41 2012 Friday ,17 February
$6 trillion in fake US bonds seizedGMT 06:16 2013 Friday ,22 February
Facebook may improve memory in elderlyGMT 14:07 2012 Tuesday ,07 February
Qasemi: iranian sanctions ineffective
GMT 13:34 2011 Tuesday ,26 July
Deutsche Bank appoints Indian head
GMT 13:19 2016 Thursday ,20 October
Road to Pyeongchang begins
GMT 08:19 2015 Wednesday ,05 August
Kerry to meet Russia's Lavrov in Malaysia
GMT 21:29 2014 Monday ,27 October
Sunshine may slow weight gain, diabetes onsetGMT 11:07 2011 Friday ,08 July
Etihad unveils special A330-200
GMT 01:55 2016 Sunday ,26 June
Imperious Joshua retains world boxing titleGMT 01:02 2011 Saturday ,17 December
Kim Kardashian New Store In Las Vegas
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor