"A Phantom MENAce to Turkey
With winds of change blowing in the Middle East and North Africa, or MENA, the Turkish media has focused on the impact of the turmoil on the domestic economy.
With all attention on Libya, the magic number is $15 billion. That’s the total value of the projects undertaken by Turkish companies in Libya during the last four years. Although the outstanding bills from these projects are not available, revenues from construction services abroad amounted to $1 billion last year."
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