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EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Business / Qatar Business

Qatar signs deal with Turkey to buy 10% of Borsa Istanbul shares

Published: 26 Nov 2020 - 04:53 pm | Last Updated: 01 Nov 2021 - 04:20 pm
Peninsula

Reuters

Istanbul: The Turkey Wealth Fund (TWF) said on Thursday it had signed a memorandum of understanding with Qatar Investment Authority (QIA) to consider and finalise the QIA's potential purchase of 10% of shares in the Istanbul stock exchange.

Once the share purchase is completed, TWF will continue to hold 80.6% of shares in Borsa Istanbul, it said.