INVESTMENT - QIFB - Qatar bank's unit seeking key deals in Turkey

Qatar First Investment Bank's (QFIB) private equity arm hopes to close a second deal in Turkey and is working on two other transactions in its home market, deputy chief executive Emad Mansour said yesterday.

Privately owned QFIB announced last week that it had acquired a 40 per cent stake in Turkey's second-largest healthcare provider, Memorial Health Group, in a joint venture with London-based private equity house Argus Capital.

GENERAL - FINANCE - Referendum victory pushes bourse to new records

After a recess of four and half days due to Eid-al-Fitr, the Turkish markets resumed with the excitement of a clear victory for “yes” votes in the latest referendum on a set of amendments meant to democratically redesign the Constitution.