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Tuesday, December 02, 2008

Makkah-Istanbul railway to boost Saudi-Turkish ties

"Makkah-Istanbul railway to boost Saudi-Turkish ties
Arab News - 02/12/2008

(MENAFN - Arab News) The 7th joint meeting of the Turkish-Saudi Business Council, which concluded in Ankara last week, was 'successful' and will help Turkey to expand its trade with the Kingdom, according to Turkey's Ambassador Naci Koru.

Koru, who was here on Sunday to meet with the Ministry of Foreign Affairs to finalize the visit of Turkish President Abdullah Gul in February, told Arab News that the opening of the proposed joint venture Makkah-Istanbul railway in the near future would further improve trade relations between the two countries. 'Trade can be further expanded by mutual investments, and Turkey welcomes Saudi companies to invest in Turkey,' he said, adding that banking, real estate, telecom and tourism are among the sectors in which Saudi investors can show increased interest."

More:MENAFN - Middle East North Africa . Financial Network