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Sat, Feb

Port Deal Talks Between Turkey and Abu Dhabi Fall Apart

Port Deal Talks Between Turkey and Abu Dhabi Fall Apart

World Maritime
Port Deal Talks Between Turkey and Abu Dhabi Fall Apart

AD Ports Group’s negotiations to acquire the operating rights for a port in western Turkey have failed, a Turkish official said, marking a blow to the country’s ambitions of attracting investments from the United Arab Emirates.  

“The aim there was to get a partner for the Alsancak port and adding capital to expand it. We have pursued long negotiations with an investor from the Gulf, but no agreement has been a…

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