Turkish-Qatari company BMC facing liquidity problems

ANKARA – Leading armored vehicle maker BMC, a Turkish-Qatari company, is facing cash flow problems after a recent change in ownership, Defense News has learned. The company, which has a multibillion-dollar contract in its portfolio to produce the Altay, Turkey’s first next-generation indigenous tank, is on a phase of shrinking …

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ESG Sukuk: A Next Step in the Evolution of the Global Sukuk Market | Akin Gump Strauss Hauer & Feld LLP

In recent years, the relevance and growth of environmental, social and governance (ESG) principles in investing have gained the attention of the global business community. As Sharia-compliant investments also continue to grow, there are important synergies between Sharia principles and ESG principles. The markets have witnessed the development of innovative …

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