Qatar’s signature in Istanbul! – Economy news



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Prime Minister Recep Tayyip Erdogan, the Emir of Qatar, Sheikh Tamim Bin Hamad Al-Sani Turkey-Qatar on the occasion of the Sixth Meeting of the High Strategic Committee met yesterday in Ankara.

After the head-to-head and interdelegation meetings in the Presidential Complex, several agreements were signed. Among the 10 agreements concluded, shares were also sold in the Borsa İstanbul, İstinyePark and HaliçPort projects.

Highlighting with their investments in Istanbul recently, the people of Qatar carried out the city’s most valuable real estate project in Ataköy, while buying the most expensive property by buying the Erbilgin Mansion. The people of Qatar, known for their investments in Kanal Istanbul, have also embarked on the Süleymaniye urban transformation project.

ISTANBUL BORSA

The Turkish Asset Fund (TVF) and the Qatar Investment Authority (QIA), the Istanbul Stock Exchange, yesterday signed a memorandum of understanding for the transfer of their 10 percent stake. It is not yet known how much Borsa Istanbul has sold at 10 percent.

İSTİNYE PARK

It sold 42 percent of Doğuş Holding’s shares in İstinyePark to Qatar Holding, one of the largest funds in the world. The agreement was signed yesterday in Ankara in the presence of El Sani and Erdogan.

PORT HALIC

between Qatar and Turkey, yesterday an agreement was signed to invest in the Qatar Golden Horn estuary in the Istanbul Project. Fettah Tamince, owner of Rixos hotels, won the bid for the project, known as HaliçPort, in 2013 for $ 1.3 billion.

The project includes the construction of two marinas with capacity for 70 yachts in an area of ​​250 decares, two 5-star hotels with capacity for 400 rooms, a mosque with capacity for 1000 people, a shopping center and a parking lot, and the operation of these structures by the private sector for 45 years, with a construction period of four years.

Sea Pearl Ataköy

KATARKOY

The State of Qatar “closed” the coast of Ataköy with the 70-meter-high Sea Pearl project, which it will implement on a 125-decare plot purchased from TOKI. A total of 547 thousand square meters of construction were carried out on the plot, which has a construction right of 250 thousand square meters. Despite being zoned for tourism, the value of the project, which includes 1,400 homes, is $ 2.7 billion.

DIGITURK WITHOUT TENDER

Two years later, Court of Auditors reports revealed that Digiturk, which was sold to BeIn Media Group, owned by Qatari businessman Nasser Al-Khelaifi, without a tender in 2016, changed hands at a discount of $ 170 million for $ 937 million. .

The Crystal Tower in Levent is used as the headquarters building for Finansbank.

FINANSBANK AND ABANK

In June 2016, the Qatar National Bank, Qatar’s largest bank, bought Finansbank for € 2.75 billion. The Finansbank headquarters building in Levent, Istanbul, which has an iconic design, was purchased from Soyak in 2014 for € 303 million. Commercial Bank of Qatar acquired 71 percent of Abank in 2013 for $ 460 million. At the end of 2016, he paid $ 224 million more and became the owner of all the shares in ABank.

WILL RENEW SULEYMANIYE

Istanbul Metropolitan Municipality and Fatih Municipality KIPTAS subsidiary of the work carried out by the trade union Süleymaniye Renewal Area Project, established by the State of Qatar Diar Located 700 independent part in the first stage in Turkey Suleymaniye Real Estate Inc realizing. Diar Süleymaniye, who has a capital of TL 532.5 million, has 5 managers, all from Qatar.
Construction work for the 102-decare first phase of the 700-decare Süleymaniye Renewal Project, which costs 2.9 billion lira and will be completed in three years, began on November 30, 2018 while under the management of IMM AKP.

Erbilgin Mansion

THE MOST EXPENSIVE YALI FOR WIFE

The Sani, on his visit to Turkey in March 2015, also gave his wife the most expensive purchased mansions in Turkey. While Emir was meeting with President Erdogan, his second wife, Sheikha Anoud bint Mana al-Hajr, liked the Erbilgin Mansion on the Bosphorus. Emir bought the mansion for 100 million euros and gave it to his wife.

The Istanbul Metropolitan Municipality changed the name of İstinye Bayırı Street in Sarıyer to Katar Street with the decision made in March 2015 while Emir was in Istanbul. Qatar Street became one of the most important streets in Istanbul, which is 3.5 kilometers long, despite discussions in the city hall.

El-Sani’s mother, Sheikha Moza bint Nasir al-Missned,

PURCHASE OF LAND IN KANAL ISTANBUL

Sheikha Moza bint Nasir al-Missned, mother of the Emir of Qatar, Sheikh Tamim bin Hamed al-Sani, founded Triple M Gayrimenkul Turizm Ticaret Anonim Şirketi with a capital of 100 thousand lira on November 8, 2018. 45.45 percent of the shares of the Başakşehir-based company were shared between Sheikha Moza, 31.82 percent between Munira bint Nasır al-Misnad, wife of former Qatari Deputy Prime Minister Abdullah bin Hamad al-Attiyah, and 22.73 percent by cent between Shanna Nasser al-Misnad. A month and a half after the founding of the company, he bought the 44,702 square meters of land in Baklalı Village, which overlooks the Kanal Istanbul project. The land appeared as ‘field’ in zoning plans. After this development announced by SÖZCÜ in the headline, the land qualified for the countryside became a tourism + trade area.



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