Turkey

Erdogan urges Saudis to invest in Turkey

The Chairman of the Chamber of Commerce’s Board of Directors said that Saudi businesspeople were keen to invest in Turkey, particularly in agriculture. “The Kingdom has a huge program involving billions of riyals for agricultural investment in countries with fertile soil and plentiful water.”

Turkey to hire lands to foreign funds

Turkey has been in talks for the past year with “three big international funds” in order to hire out agricultural lands. One of the deals will be announced very soon, the country's investment promotion agency says.

Food poor and oil rich: Quelling Qatar's appetite

Hassad Food plans to invest all over the world. “Latin America, Asia, you name it,” says Al Hajri, “Where we invest, we make profit. If Qatar is in need of that production, Hassad has the pleasure to sell to Qatar at no special rate.”

Mineks again securing Arab funds to plow Turkish fields

Mineks has withdrawn from Vision3, the strategic alliance between three major Gulf banks to bring a $9 billion investment trust to Turkey, particularly in the Southeastern Anatolia Project, which hit the rocks when the banks were affected by the continued spiral of the financial crisis.

Saudi Arabia, Turkey to map out cooperation

Saudi Arabia and Turkey will hold talks to map out a future strategy for cooperation in the agriculture sector on Tuesday. The talks, to be held within the framework of a major initiative launched by Custodian of the Two Holy Mosques King Abdullah to ensure food security, will be led by Minister of Agriculture Fahd Balghunaim, while Turkish Minister of Agriculture and Rural Affairs Mehdi Eker will attend from the Turkish side.

Agricultural investment firm opened

Saudi Arabia announces the launch of Agroinvest, which will focus on farm acquisitions abroad to grow wheat, rice, soybeans and other crops in Brazil, Vietnam, Indonesia, Philippines, Pakistan and Turkey