2/8/2008

Saudi Manara buys 21 pct stake in ACT Airlines

/Style%20Library/Invest/images/news.png
The New Anatolian - A representative for Saudi-backed Manara Investments Ltd. announced that the company has acquired an effective 21 percent equity stake in Istanbul-based cargo carrier ACT Airlines. He pointed out that Manara, a newly-established investment vehicle sponsored by four leading Saudi business groups, is now focused on enhancing its business within the Middle East and North Africa region, Eastern Europe, Central and South Asia.

Explore Türkiye's Strategic Investment Ecosystem

Powerhouse

Türkiye is the Global Powerhouse for Investments.

Discover Now

FDI Strategy

Access Türkiye's roadmap for high-quality FDI.

View Now

Start in Türkiye

Explore funding opportunities in Türkiye.

View Now

FDI Glossary

Unlock key FDI concepts and policies.

Discover Now