Germany-based Kobil GmbH, a data security technologies developer launched in 1986, has acquired a 50% stake in Turkey’s WesterOps, Ismet Koyun, founder of Kobil, said on November 11.
WesterOps, launched in 2015, develops cloud software.
The 18-month suspension of oil exports from Iraqi Kurdistan has cost the state more than $28bn in lost revenue, a senior Kurdish official has said, as the fiscal damage is compounded by security ... more
Turkish group Şahinler Holding is expanding its operations in Egypt with new investments exceeding $100mn across the ready-made garments and tourism sectors, Al Sharq Business reported on August 27, ... more
A new government-backed initiative called “Cumhur Reyonu” (“People’s Aisle”) will be rolled out across Turkey’s major supermarket chains, which collectively operate over 55,000 branches ... more