Categories Business General HYPED Opening Zangezur corridor will strengthen Ankara-Baku ties: Turkish president Atilla YeşiladaPosted on17 June, 2023 After key land corridor opens, Recep Tayyip Erdogan says Türkiye’s connections with Azerbaijan and its … Continue ReadingOpening Zangezur corridor will strengthen Ankara-Baku ties: Turkish president
Categories Business Finance HIGHLIGHTS Economy czar Mehmet Simsek hears a mouthful from industrialists Atilla YeşiladaPosted on16 June, 202316 June, 2023 Members of the Turkish Industry and Business Association (TÜSIAD) met with Treasury and Finance Minister … Continue ReadingEconomy czar Mehmet Simsek hears a mouthful from industrialists
Categories Business HYPED Vacationing in Turkey expensive even for foreign tourists, say tourism sector players Atilla YeşiladaPosted on16 June, 202316 June, 2023 Going on a vacation in Turkey has become ultra expensive even for foreign tourists, say … Continue ReadingVacationing in Turkey expensive even for foreign tourists, say tourism sector players
Categories Atilla Yeşilada Business HIGHLIGHTS ANALYSIS: Turkish house sales slump, collapse can be in the making Atilla YeşiladaPosted on16 June, 2023 Turkish home sales fell 7.7% year-on-year in May to 113,276 houses, with sales to foreigners … Continue ReadingANALYSIS: Turkish house sales slump, collapse can be in the making
Categories Business Finance HIGHLIGHTS Western banks pull out of Turkey financing, UAE jumps into the void Atilla YeşiladaPosted on15 June, 2023 United Arab Emirates-based banks are increasing loans to their Turkish counterparts, filling a gap left … Continue ReadingWestern banks pull out of Turkey financing, UAE jumps into the void
Categories Business Economy HIGHLIGHTS A new, rational Erdogan? Atilla YeşiladaPosted on14 June, 2023 Turkey has the world’s 19th-largest economy and a leader, Recep Tayyip Erdoğan, who has been … Continue ReadingA new, rational Erdogan?
Categories Business General HIGHLIGHTS Erdogan gives qualified endorsement to Simsek’s policies Atilla YeşiladaPosted on14 June, 2023 Turkish President Recep Tayyip Erdogan on Wednesday appeared to make a crucial shift regarding the … Continue ReadingErdogan gives qualified endorsement to Simsek’s policies
Categories Business HIGHLIGHTS Will Aramco throw a lifeline to cash-strapped Turkish economy? Atilla YeşiladaPosted on4 June, 2023 Oil giant Saudi Aramco met with around 80 Turkish contractors this week to discuss $50 … Continue ReadingWill Aramco throw a lifeline to cash-strapped Turkish economy?
Categories Business General HIGHLIGHTS Erdogan brings back Mehmet Simsek, replaces all but 2 ministers in the Cabinet Atilla YeşiladaPosted on3 June, 2023 President Tayyip Erdogan signalled on Saturday his newly-elected government would return to more orthodox economic … Continue ReadingErdogan brings back Mehmet Simsek, replaces all but 2 ministers in the Cabinet
Categories Business General HIGHLIGHTS Markets Politics Ukraine grain deal exports reach 30.3 million tons Cem CetingucPosted on25 May, 202325 May, 2023 Some 30.3 million tons of grain have been transported by 953 ships to the world market … Continue ReadingUkraine grain deal exports reach 30.3 million tons
Categories Business HYPED Russia’s Tighter Ties With Fewer Friends Create Risks–for Turkey Atilla YeşiladaPosted on20 May, 202320 May, 2023 Russia has managed to successfully market its oil volumes that have been shunned by the … Continue ReadingRussia’s Tighter Ties With Fewer Friends Create Risks–for Turkey
Categories Business Company & Industry HIGHLIGHTS TPAO to open up 20 oil rigs in Şırnak province Cem CetingucPosted on10 May, 202310 May, 2023 Türkiye’s state oil company TPAO plans to open up to 20 oil rigs in the southeastern province of Şırnak … Continue ReadingTPAO to open up 20 oil rigs in Şırnak province
Categories Business General HIGHLIGHTS Politics Russia makes gas price concessions to Turkey Cem CetingucPosted on4 May, 20234 May, 2023 Turkey has become Gazprom’s second international customer to finalise an agreement to defer part of … Continue ReadingRussia makes gas price concessions to Turkey
Categories Business HIGHLIGHTS Politics Turkey, Russia, Ukraine to discuss grain deal: DM Cem CetingucPosted on3 May, 20233 May, 2023 Deputy defense ministers of Ukraine, Russia and Türkiye are expected to meet in Istanbul on May 5 for talks on … Continue ReadingTurkey, Russia, Ukraine to discuss grain deal: DM
Categories Business Economy HIGHLIGHTS Prof Seda Demiralp: Economic turmoil has created an opening for Turkey’s opposition Atilla YeşiladaPosted on2 May, 2023 Seda Demiralp is an associate professor of international relations at Isik University in Istanbul. Turkey … Continue ReadingProf Seda Demiralp: Economic turmoil has created an opening for Turkey’s opposition
Categories Business HYPED COMMENTARY: What happened in the Supreme Court Halkbank hearing? Atilla YeşiladaPosted on22 April, 2023 After Supreme Court’s mixed verdict on Turkish lender, Halkbank, Reuters and CNBc.com posted articles to … Continue ReadingCOMMENTARY: What happened in the Supreme Court Halkbank hearing?
Categories Business HIGHLIGHTS Tight Election Puts Turkey’s Energy Future in the Balance Atilla YeşiladaPosted on21 April, 2023 The battle for Turkey’s future is in full swing. Launching his election campaign in Ankara … Continue ReadingTight Election Puts Turkey’s Energy Future in the Balance
Categories Business Finance HIGHLIGHTS Foreign investors circle Turkey skies, waiting for “orthodoxy” Atilla YeşiladaPosted on21 April, 2023 International investors are looking to increase investments in Turkey, notably in mergers and acquisitions, as … Continue ReadingForeign investors circle Turkey skies, waiting for “orthodoxy”
Categories Business HIGHLIGHTS Cetin Unsalan: Turkey’s non-sense parading as export policy Atilla YeşiladaPosted on17 April, 2023 If you take an unplanned approach when talking about the economy and try to see … Continue ReadingCetin Unsalan: Turkey’s non-sense parading as export policy
Categories Business Finance HIGHLIGHTS ANALYSIS: Business people ask: Which interest rate; which exchange rate? Atilla YeşiladaPosted on17 April, 2023 The spread between the official exchange rate is opening wide vs “the market rate”, as … Continue ReadingANALYSIS: Business people ask: Which interest rate; which exchange rate?