• 19 Mar 2021
  • First Publish 03 Mar 2017
  • Turkey
  • 2478
The orientation of Saudi companies for investment are Turkey

Thirty three  new Saudi comany have registered in Turkey since the beginning of 2017 to become the total number of Saudi companies in Turkey 940.

The Turkish Deputy Prime Minister  confirmed that the measurements of investments' Saudi Arabia in Turkey reached to 11 billion US with the beginning of this year, during a press conference held in the Saudi city of Jeddah, which he visited to participate in the economic forum Jeddah.

Simsek said that nearly 800 Saudi companies are investing in Turkey, in the fields of energy, telecommunications, real estate, and pointing in this content that his goverment aims to raise the Saudi companies in Turkey.

Saudi investments are concentrated in the real estate sector of Turkey with two types, the first one property  ownership in Turkey which allowed to the citizens of the Gulf Cooperation Council (GCC) for nearly two years ago, and the other type of investment which is being by establishing a practice corporate activities, "the real estate sector."


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