04.01.2010 - GCC may invest $3bln in Turkey during 2010
From Zawya.com: Ata Invest, a Turkish investment bank, is expecting investments to increase to almost $3 billion (Dh11.01bn) from the GCC to Turkey in 2010. This would be a significant increase compared to 2009 when investment activity took a hit primarily due to the economic crisis, Hakan Ferhatoglu, Chairman of Ata Invest told Emirates Business. "Investor confidence is gradually returning and we expect it to be higher in 2010. We are working on more than a dozen large deals now, with each deal involving over $50mn equity. We hope to see between $1bn to $3bn of investment in the coming year," he said..........................................Full Article: Source
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