Reuters reports: Is the UAE becoming a partner in the Port of İzmir?

Reuters has claimed that the United Arab Emirates (UAE) is preparing to acquire a stake in the Port of İzmir through the Turkey Wealth Fund. The report also included claims that the deal could be worth approximately 500 million dollars.

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Reuters reports: Is the UAE becoming a partner in the Port of İzmir?

Reuters has claimed that the United Arab Emirates is preparing to acquire a stake in the Port of İzmir.

According to the report by Reuters, which cites four sources, two people familiar with the matter stated that the UAE's government-backed AD Ports Group will invest in a company to be established by the Turkey Wealth Fund to operate the Port of İzmir.

According to the report in BirGün; it was stated that the deal could be worth approximately 500 million dollars.

News Source: 12punto