Limak Group

Türkiye's Limak Group and Alpha Dhabi Holding, one of the fastest-growing investment holding companies in the United Arab Emirates (UAE), have signed a memorandum of understanding (MoU).

Barcelona has announced that Turkish firm Limak Construction will be in charge of remodeling Barcelona's home ground, Camp Nou.

The work is expected to begin in June, the Spanish club said after board of directors' meeting.

Turkey?s Limak said on May 27 it had secured a 395-million-euro ($430.75 million) long-term project finance loan as part of a $520 million investment to modernize the Hamitabat power plant in northwest Turkey.

UniCredit, Yap? Kredi, ING, KFW IPEX and DZ Bank participated in the deal.

Drilling is continuing at the problematic site of Istanbul’s third airport, and the consortium directing the excavations expects to remove more soil than it had previously estimated, according to Ebru Özdemir, a board member of the Limak Group, which is part of the consortium.