Categories Business HIGHLIGHTS Politics Minister Şimşek focuses on strengthening economic ties from Gulf nations Cem CetingucPosted on10 October, 2024 The economic program the government is implementing is working, Finance Minister Mehmet Şimşek has said, adding that … Continue ReadingMinister Şimşek focuses on strengthening economic ties from Gulf nations
Categories Business HIGHLIGHTS Saudi ‘Vision 2030’ creates new opportunities for Turkish firms Cem CetingucPosted on4 October, 2024 The ambitious “Vision 2030” put forth by the Saudi Arabian government stands out as an … Continue ReadingSaudi ‘Vision 2030’ creates new opportunities for Turkish firms
Categories Atilla Yeşilada Business Economy HIGHLIGHTS ANALYSIS: September brings bad news for Turkish exports Atilla YeşiladaPosted on3 October, 2024 Turkey’s trade minister Bolat announced preliminary September foreign trade figures on Wednesday. Mirroring the sudden … Continue ReadingANALYSIS: September brings bad news for Turkish exports
Categories Business Economy HIGHLIGHTS Turkey PMIs collapse, consumer confidence up in September Atilla YeşiladaPosted on1 October, 2024 Turkey manufacturing PMI reported its poorest showing in September, collapsing from 47.8 to 44.3 between … Continue ReadingTurkey PMIs collapse, consumer confidence up in September
Categories Business HIGHLIGHTS Press reports: Saudi firm mulls $5B investment in Turkey Cem CetingucPosted on30 September, 2024 Türkiye is attracting significant international investment, including a potential $5 billion investment from a Saudi company, … Continue ReadingPress reports: Saudi firm mulls $5B investment in Turkey
Categories Business General HIGHLIGHTS Can Turkey Escape the Middle Income Trap? Famous economist answers Atilla YeşiladaPosted on30 September, 2024 Pointing out that Turkey has been stuck in the middle-income trap for many years, Arnold … Continue ReadingCan Turkey Escape the Middle Income Trap? Famous economist answers
Categories Business General HIGHLIGHTS Erdogan shoots down early election rumors, praises economic program Atilla YeşiladaPosted on29 September, 2024 President Recep Tayyip Erdogan Saturday made significant remarks regarding Türkiye’s economic situation while dismissing opposition … Continue ReadingErdogan shoots down early election rumors, praises economic program
Categories Business HIGHLIGHTS Trade Minister highlights increasing US business interest in Turkey Cem CetingucPosted on25 September, 2024 With Turkish-U.S. relations gaining momentum, Turkish Trade Minister Ömer Bolat reported increased interest from major American firms looking to … Continue ReadingTrade Minister highlights increasing US business interest in Turkey
Categories Business Company & Industry HIGHLIGHTS Turkey tightens hybrid car import regulations amid push for Chinese investments Cem CetingucPosted on23 September, 2024 Turkey’s Trade Ministry imposed strict conditions on the import of plug-in hybrid vehicles from some … Continue ReadingTurkey tightens hybrid car import regulations amid push for Chinese investments
Categories Business General HIGHLIGHTS Ankara expands its footprint in Africa Atilla YeşiladaPosted on12 September, 2024 Turkey’s interest in all things African grows by the day, as per Erdogan’s policy of … Continue ReadingAnkara expands its footprint in Africa
Categories Business Company & Industry HIGHLIGHTS Turkey’s contracting sector secures $11.2B in international projects from January to August Cem CetingucPosted on9 September, 2024 The Turkish contracting sector undertook projects abroad amounting to $11.2 billion in the first eight … Continue ReadingTurkey’s contracting sector secures $11.2B in international projects from January to August
Categories Business General Turkey and Egypt to collaborate on natural gas and nuclear energy Cem CetingucPosted on6 September, 20246 September, 2024 Turkish president Recep Tayyip Erdogan said his country looks forward to cooperating with Egypt on … Continue ReadingTurkey and Egypt to collaborate on natural gas and nuclear energy
Categories Business General HIGHLIGHTS Turkey and Abu Dhabi continue joint venture talks for Izmir Port Cem CetingucPosted on13 August, 2024 Turkey’s talks with state-controlled Abu Dhabi Port (ADP) to set up a joint venture for operating … Continue ReadingTurkey and Abu Dhabi continue joint venture talks for Izmir Port
Categories Business HIGHLIGHTS Xinhua: Operators remain positive regarding Turkish tourism despite inflation Cem CetingucPosted on12 August, 2024 In resort towns like Bodrum, Datca and Cesme along the Turkish Aegean Coast, the once … Continue ReadingXinhua: Operators remain positive regarding Turkish tourism despite inflation
Categories Business General HIGHLIGHTS News sources: US threatens sanctions on Turkey because of illicit Russia trade Atilla YeşiladaPosted on7 August, 20247 August, 2024 Accroding to OREANDA-NEWS, Washington has threatened Turkey with “consequences” for exporting technology to Russia. The … Continue ReadingNews sources: US threatens sanctions on Turkey because of illicit Russia trade
Categories Business HIGHLIGHTS Tech Roblox banned in Türkiye following nationwide Instagram block Atilla YeşiladaPosted on7 August, 2024 Turkey’s authoritarian president Erdogan whose mantra is “if I can’t conquer it, might as well … Continue ReadingRoblox banned in Türkiye following nationwide Instagram block
Categories Business Company & Industry HIGHLIGHTS Ak Invest 2Q2024 earnings preview: Telecom, healthcare and retailing look relatively better in 2Q24 Atilla YeşiladaPosted on31 July, 2024 With this report, following our earnings preview on banks and insurance companies that we previously … Continue ReadingAk Invest 2Q2024 earnings preview: Telecom, healthcare and retailing look relatively better in 2Q24
Categories Business HYPED Politics Abdullah Bozkurt: Erdogan’s efforts to cozy up to Russia, China pay no economic dividend Atilla YeşiladaPosted on30 July, 2024 Erdoğan is often criticized for his confrontational rhetoric towards the West, but in practice, he … Continue ReadingAbdullah Bozkurt: Erdogan’s efforts to cozy up to Russia, China pay no economic dividend
Categories Business Company & Industry HIGHLIGHTS HSBC TAV Airports report: Downgrade to Hold: Close to fair value Atilla YeşiladaPosted on30 July, 2024 Highlights FCF and dividend story intact but valuation less attractive after strong re-rating Traffic outlook … Continue ReadingHSBC TAV Airports report: Downgrade to Hold: Close to fair value
Categories Business General HIGHLIGHTS UBS Global Wealth Report ranks Turkey first in wealth growth Atilla YeşiladaPosted on13 July, 2024 A recent report by UBS, a Zurich-based global firm providing financial services in over 50 … Continue ReadingUBS Global Wealth Report ranks Turkey first in wealth growth