Categories Business HYPED S&P Global: Russian diesel export ban to hit Turkey, Brazil hardest but curbs seen short-lived Atilla YeşiladaPosted on23 September, 2023 Russia’s move to temporarily ban nearly all its exports of diesel and gasoline to ease … Continue ReadingS&P Global: Russian diesel export ban to hit Turkey, Brazil hardest but curbs seen short-lived
Categories Business HIGHLIGHTS A journalist’s impression from Mehmet Simsek investor get-together Atilla YeşiladaPosted on21 September, 2023 A veteran Turkish journalist, Mr Sedat Ergin (resume at the end of this article) attended … Continue ReadingA journalist’s impression from Mehmet Simsek investor get-together
Categories Business General HIGHLIGHTS Simsek’s investor meeting drew large crowds, but were there any buyers? Atilla YeşiladaPosted on21 September, 2023 Some 120 American investors attended the 13th edition of the Türkiye Investment Conference held in … Continue ReadingSimsek’s investor meeting drew large crowds, but were there any buyers?
Categories Business Company & Industry HIGHLIGHTS Turkish contractors banned from Euro-tender for Russia connections Atilla YeşiladaPosted on20 September, 2023 Rail Baltica Project, one of the most important railway projects in Europe, was put out … Continue ReadingTurkish contractors banned from Euro-tender for Russia connections
Categories Business Finance HIGHLIGHTS Şimşek: The bottleneck in foreign financing is being solved Atilla YeşiladaPosted on19 September, 2023 Minister of Treasury and Finance Mehmet Şimşek stated that Turkey overcame the problems in accessing … Continue ReadingŞimşek: The bottleneck in foreign financing is being solved
Categories Business HIGHLIGHTS Turkey drums up support for alternative to India-Middle East trade corridor Atilla YeşiladaPosted on18 September, 2023 Turkey has been in “intensive negotiations” to find its alternative to the India-Middle East trade … Continue ReadingTurkey drums up support for alternative to India-Middle East trade corridor
Categories Business General HIGHLIGHTS Erdogan asks Musk to open Tesla’s 7th factory in Turkey Atilla YeşiladaPosted on18 September, 202318 September, 2023 President Erdogan will spend the week in New York to attend to the inaugural ceremony … Continue ReadingErdogan asks Musk to open Tesla’s 7th factory in Turkey
Categories Business Company & Industry HYPED Emirates NBD makes strategic investment in Turkish start-up Erguvan Atilla YeşiladaPosted on16 September, 2023 After Erdogan’s crusade to Gulf Arab Nations, hopes of huge loans and FDI flows inundated … Continue ReadingEmirates NBD makes strategic investment in Turkish start-up Erguvan
Categories Business Company & Industry HIGHLIGHTS Olcay Aydilek: SAUDIS TAKING CLOSE LOOK AT TURKİSH INVESTMENTS Atilla YeşiladaPosted on16 September, 2023 UAE businesses started negotiations regarding renewable energy investments in Turkey. Delegations from the UAE frequently … Continue ReadingOlcay Aydilek: SAUDIS TAKING CLOSE LOOK AT TURKİSH INVESTMENTS
Categories Business Company & Industry HYPED Bloomberg: Turkish contractor in talks with banks to restructure loans Atilla YeşiladaPosted on16 September, 2023 Turkey’s Yapi Merkezi is in talks with banks to restructure around $1 billion of loans, … Continue ReadingBloomberg: Turkish contractor in talks with banks to restructure loans
Categories Business HIGHLIGHTS Politics Erdoğan angry at India-Middle East-Europe corridor — ‘no corridor without Turkey’ Atilla YeşiladaPosted on14 September, 2023 Turkish President Recep Tayyip Erdoğan has said there can be no trade corridor between the … Continue ReadingErdoğan angry at India-Middle East-Europe corridor — ‘no corridor without Turkey’
Categories Business Finance HYPED Gold Warning from Goldman Sachs to Turkey Atilla YeşiladaPosted on13 September, 2023 According to the balance of payments data published by the Central Bank of the Republic … Continue ReadingGold Warning from Goldman Sachs to Turkey
Categories Business Economy HIGHLIGHTS July industrial production soft, further weakening expected Atilla YeşiladaPosted on11 September, 2023 “According to Industrial Production Index, seasonally and calendar adjusted production contracted by 0.4% monthly in … Continue ReadingJuly industrial production soft, further weakening expected
Categories Business General HIGHLIGHTS Simsek will leave no door unopened for money Atilla YeşiladaPosted on9 September, 2023 Turkey’s new Wall Street-trained finance chief will kick off a global investment roadshow at the … Continue ReadingSimsek will leave no door unopened for money
Categories Business Company & Industry Aselsan: Back on a USD growth path Atilla YeşiladaPosted on8 September, 2023 Wood Company equity research Following Aselsan’s 1H23 results and analyst day in Istanbul in August, … Continue ReadingAselsan: Back on a USD growth path
Categories Business Company & Industry HIGHLIGHTS EM Europe food retailers: Fighting inflation weighs on profitability Atilla YeşiladaPosted on8 September, 2023 HSBC equity research Prudent spending by consumers should continue short term on the back of … Continue ReadingEM Europe food retailers: Fighting inflation weighs on profitability
Categories Business HIGHLIGHTS Politics Sochi: No New Grain Deal For Now Atilla YeşiladaPosted on7 September, 2023 Talks this week between Russian President Vladimir Putin and Turkish President Recep Tayyip Erdoğan on … Continue ReadingSochi: No New Grain Deal For Now
Categories Business Economy HYPED Analysis: Medium Term Program – Government aims to bring down inflation without sacrificing growth Atilla YeşiladaPosted on7 September, 2023 The government aims to bring down inflation without sacrificing growth. The government released the new … Continue ReadingAnalysis: Medium Term Program – Government aims to bring down inflation without sacrificing growth
Categories Business HIGHLIGHTS Erdogan’s hopes of brokering a second grain deal DoA Atilla YeşiladaPosted on30 August, 2023 Turkish President Tayyip Erdogan will visit Russia soon to discuss the collapsed United Nations deal … Continue ReadingErdogan’s hopes of brokering a second grain deal DoA
Categories Business Company & Industry HIGHLIGHTS TEKFEN Holding – Hold: New business plan requires time and patience Atilla YeşiladaPosted on24 August, 2023 Restructuring and new investment plans create optimism, but the current performance says ‘wait-and-see’ Divestitures/new … Continue ReadingTEKFEN Holding – Hold: New business plan requires time and patience
