Investment

The World Bank Board has approved a $155 million loan for the greening of firms through equity financing, and mobilized private capital and expanded climate financing in Türkiye's capital markets.

The funds will be channeled by the Industrial Development Bank of Türkiye (TSKB), which will use them to partially capitalize a Türkiye Green Fund (TGF), the World Bank said in a statement.

Warren Buffett's company has reported a nearly $13 billion loss in the third quarter as the paper value of its investments fell, but the companies it owns — particularly the insurers — generally performed well.

Berkshire Hathaway said it lost $12.8 billion in the quarter. That's significantly bigger than the $2.8 billion loss that it reported a year ago.

Global private capital investors with $2 trillion assets under management (AUM) eye Türkiye to invest in 2024, a survey has showed.

While 74 percent of the senior private capital representatives participating in the survey are planning to invest in Türkiye next year, 40 percent of the participants state that Türkiye has a high weight in their AUM.

Deputy Foreign Minister for Economic Diplomacy and Openness Kostas Fragogiannis on Thursday outlined the steps that Greece has taken to become an attractive destination for foreign investments, as well as those that are being planned in order to sustain its current momentum, while addressing a panel discussion at the 27th Annual Economist Government Roundtable in Athens on improving Greece's in

In line with the global startup activity, the Turkish startup ecosystem witnessed growth in both deal volume and deal count in the second quarter compared to the January-March period, according to a report by KPMG.

There were a total of 77 deals in the second quarter of 2023, and the total deal volume was $150 million, including startup acquisitions.

MARRAKESH - Serbian Deputy PM and Finance Minister Sinisa Mali said on Thursday Serbia had presented itself in the right way to investors at the International Monetary Fund-World Bank annual meetings in Marrakesh and that his meeting with Bank of America representatives had been attended by around 20 new financial institutions interested in investing in and cooperating with Serbia.

Morgan Stanley confirmed its positive outlook about the prospects of Greek stocks, noting that, despite the protracted rally - now seemingly over, as the Athens Stock Exchange fell for a fourth successive week - valuations of Greek companies remain attractive. 

Profits rebounded at Warren Buffett's conglomerate along with the value of its $353 billion stock portfolio in the second quarter to hit $35.9 billion, and Berkshire Hathaway's assorted businesses also performed well, led by strong results in its core insurance businesses, particularly Geico.

Members of the International Investors Association (YASED) are planning $7.1 billion worth of direct investments in Türkiye in the next six months, its chairman Engin Aksoy has said.

The May elections did not stop international direct investments however they could have been at better levels considering Türkiye's potential, Aksoy told a press conference in Istanbul.

The major growth of foreign investments in the Greek housing market continued in the year's first quarter.

According to the data contained in the Bank of Greece's monetary policy report published on Friday, during the first three months of 2023 about 497 million euros flowed into the country, up 33% from the same quarter last year; at that time €374 million euros had been invested.