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Sunday, January 10, 2010

Turkey eyes up to $3bn GCC investments

"Turkey eyes up to $3bn GCC investments

Shveta Pathak on Sunday, January 10, 2010

Almost 70 per cent of Turkey's equities are owned by foreign investors. The GCC (Gulf Co-operation Council) has less than a five per cent share of these, holds huge potential, observed Hakan Ferhatoglu, Chairman of Ata Invest, a Turkish investment banking firm. Based at DIFC since 2006, Ata Invest is the first and only Turkish investment banking/capital markets advisory firm in the GCC."

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