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
Committee Advances Establishment of International Arbitration Centre in Libya
November 3, 2026
Tripoli:The committee responsible for setting up an International Arbitration Centre in Libya convened for its second founding meeting to address the necessary legislative, procedural, and organizational steps required for its establishment, as dictat…