Dubai – Mubasher: The UAE-based, The Abraaj Group said on Wednesday that it will implement at least one acquisition in Turkey during the first half of 2018.

The Abraaj Group plans to invest the rest of its money in a fund in Turkey which amount to $500 million, Reuters reported, citing the group.

In July, the UAE’s group purchased a minority stake in the Turkish logistics company, Netlog Lojistik for an unknown amount.

The Abraaj Group stated in July that it plans to invest in midsize Turkish firms, and may spend between $30 million and $100 million on individual transactions in healthcare sector.