Banks eye former forest land

The countdown for the sale of land formerly classified as forest, which is also known as 2B, has started. As the talks between right holders and Finance Ministry, banks also aim to benefit of this process.

Gulf investment giants eyes Halkbank

Abu Dhabi Investment Authority and Mubadala, sovereign funds of United Arab Emirates, are assessing investment options in Halkbank. Abu Dhabi Investment reportedly pulled out letting Mubadala to pay 10 billion dollars for block sale of Halkbank.