Categories Business Company & Industry HIGHLIGHTS Three Turkish companies among world’s top 100 arms dealers Cem CetingucPosted on2 December, 2024 ASELSAN, Baykar and TUSAŞ ranked among the world’s top 100 arms-producing and military services companies in 2023, according to … Continue ReadingThree Turkish companies among world’s top 100 arms dealers
Categories Business Company & Industry HIGHLIGHTS Turkish startups secure $4.7B in investments over four years Cem CetingucPosted on25 November, 202425 November, 2024 Türkiye’s technology startup ecosystem has shown significant growth recently and has attracted $4.7 billion in … Continue ReadingTurkish startups secure $4.7B in investments over four years
Categories Business Company & Industry HIGHLIGHTS Zeren Group finalizes Türkiye Petrolleri acquisition Cem CetingucPosted on25 November, 2024 ISTANBUL, Nov. 25, 2024 (GLOBE NEWSWIRE) — Zeren Group has successfully completed its acquisition of … Continue ReadingZeren Group finalizes Türkiye Petrolleri acquisition
Categories Company & Industry HIGHLIGHTS Google restrictions endanger independent media in Turkey Cem CetingucPosted on22 November, 2024 Google reduced visibility for independent Turkish news outlets on its platforms, causing traffic losses of … Continue ReadingGoogle restrictions endanger independent media in Turkey
Categories Business Company & Industry HIGHLIGHTS Turkey’s real estate prices collapse in real terms Atilla YeşiladaPosted on20 November, 2024 Turkish house sales have been rising for three months in a row, breaking a 22-monht … Continue ReadingTurkey’s real estate prices collapse in real terms
Categories Company & Industry General Politics Boost for Turkish Airforce: Germany lifts veto on Eurofighter sales Cem CetingucPosted on13 November, 2024 Germany has approved the sale of Eurofighter Typhoon jets to Türkiye, removing key obstacles in Türkiye’s plan … Continue ReadingBoost for Turkish Airforce: Germany lifts veto on Eurofighter sales
Categories Business Company & Industry HIGHLIGHTS Turkey’s gas hub project may launch by 2025 Cem CetingucPosted on3 November, 2024 ANKARA, Nov 1 (Reuters) – Turkey’s talks with Russia to strike a deal on a gas trading … Continue ReadingTurkey’s gas hub project may launch by 2025
Categories Company & Industry Finance HIGHLIGHTS Morgan Stanley on TURKEY: Rate cutting cycle delayed, TL to remain healthy, too early for bank stocks Atilla YeşiladaPosted on21 October, 2024 Key Takeaways We expect a rate-cutting cycle to start with 250bp in January. Keeping this … Continue ReadingMorgan Stanley on TURKEY: Rate cutting cycle delayed, TL to remain healthy, too early for bank stocks
Categories Company & Industry HIGHLIGHTS Rising tourism demand in Türkiye predicted to persist through winter Cem CetingucPosted on14 October, 2024 Asignificant increase in both domestic and international travel demand for Türkiye has been observed, according … Continue ReadingRising tourism demand in Türkiye predicted to persist through winter
Categories Company & Industry HIGHLIGHTS Markets China plans to sue Turkey over electric vehicle tariffs Cem CetingucPosted on9 October, 2024 China’s Ministry of Commerce (MOFCOM) announced on Tuesday that it has submitted a consultation request … Continue ReadingChina plans to sue Turkey over electric vehicle tariffs
Categories Company & Industry HIGHLIGHTS Over 150 workers lost their lives in Turkey in september Cem CetingucPosted on4 October, 2024 According to the ‘September 2024 Work Killings Report’ released by the Workers’ Health and Safety … Continue ReadingOver 150 workers lost their lives in Turkey in september
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 Company & Industry General HIGHLIGHTS Indonesia looks to acquire ‘naval power’ from Turkey Cem CetingucPosted on23 September, 2024 The Indonesian navy commander has expressed intention to procure additional warships from Türkiye, with proposals for submarines also on the … Continue ReadingIndonesia looks to acquire ‘naval power’ from Turkey
Categories Company & Industry HIGHLIGHTS China imposes restrictions on EV tech transfers in overseas investments Cem CetingucPosted on13 September, 2024 China is pushing electric vehicle (EV) manufacturers to avoid transferring advanced technologies abroad. The South … Continue ReadingChina imposes restrictions on EV tech transfers in overseas investments
Categories Company & Industry HIGHLIGHTS Politics Norway lifts restrictions on defense exports to Turkey Cem CetingucPosted on12 September, 2024 Norway has returned to its normal practice regarding the export of defense materials and multi-purpose … Continue ReadingNorway lifts restrictions on defense exports to Turkey
Categories Company & Industry HIGHLIGHTS Migros (MGROS): updating estimates following Q2 results Cem CetingucPosted on11 September, 2024 Migros reported solid Q2 2024 results on August 20th. In Q2 2024, Migros generated TL64,293m revenues … Continue ReadingMigros (MGROS): updating estimates following Q2 results
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 Company & Industry HIGHLIGHTS Akbank: Upgrade to Buy: Margins turning the corner Cem CetingucPosted on19 August, 2024 Recent pullback provides an attractive entry point: We expect Akbank’s NIM to enter an upcycle … Continue ReadingAkbank: Upgrade to Buy: Margins turning the corner
Categories Company & Industry HIGHLIGHTS Markets TURKEY equity strategy: Waiting for rate cuts Atilla YeşiladaPosted on16 August, 2024 Investors are trying to gauge when the macro policies will bare fruit and the timing … Continue ReadingTURKEY equity strategy: Waiting for rate cuts
Categories Company & Industry HIGHLIGHTS Turkey achieves milestone with five defense firms in global top 100 Cem CetingucPosted on16 August, 2024 If anything, the inclusion of as many as five Turkish firms in this year’s list … Continue ReadingTurkey achieves milestone with five defense firms in global top 100