...

Total capital of Qatari companies registered in Turkey increases

Business Materials 4 October 2018 13:04 (UTC +04:00)

Baku, Azerbaijan, Oct. 4

By Rufiz Hafizoglu - Trend:

In August 2018, 133 companies with Qatari capital have been registered in Turkey, which is 99 companies more than in the same month of 2017, the Turkish Union of Chambers and Commodity Exchanges (TOBB) told Trend Oct. 4.

The total capital of Qatari companies registered in August amounted to 104.7 million Turkish liras, while in August 2017 it was 6.3 million liras, the TOBB stated.

In August, the number of companies registered in Turkey decreased by 19.92 percent, and the number of registered cooperatives increased by 25.68 percent.

In August 2018, 5,443 companies and 93 cooperatives were registered in Turkey, while Istanbul accounted for 86.42 percent of all the registered companies and cooperatives.

In January-August 2018, the number of companies registered in Turkey increased by 21.65 percent compared to the same period in 2017.

The number of cooperatives registered in Turkey in the first eight months of 2018 increased by 18.41 percent compared to the same period in 2017.

According to the data of the TOBB, the number of companies closed in the first eight months of 2018 decreased by 12.32 percent, and the number of closed cooperatives decreased by 12.34 percent.

The official exchange rate on October 4 is 6.0397 TRY/USD.

---

Follow the author on Twitter: @rhafizoglu

Tags:
Latest

Latest