Venture Capital Bank May Spend at Least $250 Million in Turkey

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Venture Capital Bank BSC of Bahrain will spend at least $250 million in Turkey over the next five years, said chief executive Abdullatif Mohamed Janahi.

Venture Capital, which is a Shariah-compliant private equity firm, is looking at the health, consumer and real estate industries in Turkey, Janahi said in an interview in Istanbul today.