Turkey, Islamic Development Bank sign deals worth $567 million: Treasury

November 23 2017 12:28:34

Turkey, Islamic Development Bank sign deals worth $567 million: Treasury

ISTANBUL - Reuters

Turkish Deputy Prime Minister Mehmet Şimşek signed two 20-year financing agreements worth around a total $567 million with the Islamic Development Bank (IDB) on Nov. 22, the Turkish Treasury said in a statement.

A 312 million euro deal ($367 million) was for the production of ten high-speed trains as part of a 106-train project conducted by the Turkish state railway company TCDD and a second $200 million deal concerned energy projects, it said.

Quark.Models.Entities.Ancestor?.Title?.ToUpperInvariant()

Greece pushes green transition on its fragile islands

AI firms seek accords with publishing giants to maintain growth

Competition authority launches probe into Mastercard, Visa

BP announces $7 billion gas project investment in Indonesia

Trudeau to send checks to millions of Canadians

SEC Chair Gensler to exit, clearing way for Trump pick

Volkswagen workers head towards strikes from December

Turkish defense company to empower Pakistani army

WORLD

Greece pushes green transition on its fragile islands

Greece this week signed a clean energy deal with the EU in a bid to fast-track the green transition on its fragile islands threatened by overtourism and climate change.

ECONOMY

AI firms seek accords with publishing giants to maintain growth

Publishing giants and generative artificial intelligence companies are striking deals that aim to both protect copyright and provide for the rapidly increasing needs of the AI industry.

SPORTS

Türkiye heads to Nations League playoffs after Montenegro loss

Türkiye spurned the opportunity to finish atop its group in the UEFA Nations League and qualify for League A directly with a 3-1 loss at Montenegro on Nov. 19 night.