Istanbul, His Excellency Recep Tayyip Erdogan, President of the Republic of Trkiye, announced that Trkiye will provide $30 billion in financial grants and tax incentives for high-tech investments. His Excellency unveiled the high-tech incentives programme, aiming to position Turkey as a regional production hub for electric vehicle batteries, with $4.5 billion allocated for incentives in this sector. His Excellency added that a $5 billion package will be launched to increase electric vehicle production capacity to at least one million cars annually. His Excellency also announced support for wind energy component manufacturing and a grant of up to $8,000 per megawatt for electronic chip investments to establish 15 gigawatts of solar energy capacity. Turkey aims to attract at least $20 billion in private sector investments, significantly contributing to its technological development process. Source: Bahrain News Agency
Dbeibah and Abu Khuzam Discuss Coordination to Stabilize Libyan Economy
November 2, 2026
Tripoli:The Prime Minister of the Government of National Unity, Abdulhamid Dbeibah, held discussions with the Acting Governor of the Central Bank of Libya, Fawzi Abu Khuzam, focusing on the financial and economic conditions of the country and the need…