The Turkish government is pulling out the stops to persuade asset managers to set up business in the country. Ali Özgü Caneri, investor relations assistant manager at regional airport-management group TAV, said: The government wants to turn Istanbul into a regional financial centre, like Dubai.
Turkey last week announced its first Islamic government bond, or sukuk, a move that could spur local companies to issue debt in this format too, according to a report in The Wall Street Journal. This will help to build local debt structuring and syndication expertise...............................................Full Article: Source
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