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Qatari investments in Turkey are increasing, according to the Central Registry

Qatari investments in Turkey are increasing, according to the Central Registry

(MKK): Increase Qatari investments in Turkey

The Turkish Central Registration Corporation (MKK) confirmed the increase in Qatari investments in Turkey and the increase in the entry of Qatari investors to the Turkish Stock Exchange, contrary to what is rumored about their departure.

A statement issued by the Foundation indicated that media outlets reported news claiming that Qatari investors left the Turkish Stock Exchange worth 4.6 billion Turkish liras (about $ 781 million). The Foundation denied the allegations that Qatari investors had left the Istanbul Stock Exchange.

The statement also clarified that the decrease in the value of the Qatari portfolio in the Turkish stock exchange is due to the decrease in the market value of the shares owned by Qatar National Bank (QNB Finansbank). Istanbul Stock Exchange, without indicating its source.

 

Qatari investments in Turkey:

Last April, the CEO of the Qatar Financial Center, Yusef Muhammad al-Jaida, said that the volume of Qatari investments in Turkey exceeded 20 billion US dollars.

He added that the economic and political relations between Ankara and Doha are witnessing a remarkable development, pointing out that the trade exchange between the two sides exceeded two billion dollars during the year 2018, and until the end of 2018, the volume of Turkish companies' investments in Qatar reached 16 billion dollars, and Doha ranks second in the volume of foreign investments. in Turkey.

Al-Jaida continued, saying: Qatar’s investment in the state of Turkey will not stop, whether it is in the banking sector or the real estate sector. We have drawn up a plan to support Turkey through these two sectors, 35 percent of which have been implemented, and in the coming stages we will provide $ 7 billion in support of the real estate sector in Turkey. Adding that the relationship between Qatar and Turkey is very solid, dating back many centuries, and that the interests of political relations between the two countries are a matter that positively affects investors regarding raising the volume of Qatari investments in Turkey.

On the other side of the conversation, Al-Jaida spoke about the strategic importance of the Istanbul Financial Center, which is scheduled to be inaugurated in 2022, as a strong economic link between Europe and the Middle East, saying: I believe in the security of the Istanbul Financial Center, which will constitute a unique model at the global level in terms of sponsoring Foreign investor affairs, and that Turkey will play a leading role in the global economy.

 

At Ramzy Real Estate Company, we are glad to accompany you on the journey of buying property in Turkey and to provide you with a range of services to make the process smooth and easy , as we are always keen to present a variety of options for residential and investment properties in addition to helping you obtain Turkish citizenship for those looking for it.
Our services:
- Legal advice .
- Property Management.
- After-sales services .
- Legal services and obtaining Turkish citizenship.
- Buying and selling real estate in Turkey.
- For more details, you can contact us via the communication platforms or via the WhatsApp attached on the site.

 

Editing by Ramzy Real Estate Team ©

 

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