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 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 HIGHLIGHTS Turks appetite for gold stoked by roaring inflation, sickly currency, low deposit rates Atilla YeşiladaPosted on22 August, 2023 Turks have historically held a lot of gold, both in jewelry and investment form. The … Continue ReadingTurks appetite for gold stoked by roaring inflation, sickly currency, low deposit rates
Categories Business HYPED Soaring food prices put consumers under strain Atilla YeşiladaPosted on20 August, 2023 According to the July inflation data announced by the Turkish Statistical Institute (TurkStat), the annual … Continue ReadingSoaring food prices put consumers under strain
Categories Business Finance HIGHLIGHTS Markets Moody’s upgrades Turkish banks, banks try to rally Atilla YeşiladaPosted on15 August, 2023 Moody’s Investor Services has upgraded its outlook for Turkey’s banking sector from negative to stable, … Continue ReadingMoody’s upgrades Turkish banks, banks try to rally
Categories Business HIGHLIGHTS EU’s carbon tax to impact countries, including Türkiye: Experts Atilla YeşiladaPosted on6 August, 2023 The European Union’s major trading partners, including Türkiye, will be impacted by the bloc’s carbon … Continue ReadingEU’s carbon tax to impact countries, including Türkiye: Experts
Categories Business HIGHLIGHTS What did Mehmet Simsek tell investors?—-UPDATE Atilla YeşiladaPosted on6 August, 2023 Turkish economy management gave its first test in front of foreign investors. Turkish Treasury and … Continue ReadingWhat did Mehmet Simsek tell investors?—-UPDATE
Categories Business HIGHLIGHTS Turkey lobbying for new trade deals with UK and EU Atilla YeşiladaPosted on2 August, 2023 Türkiye and the UK are looking to start negotiations for the free trade agreement (FTA) … Continue ReadingTurkey lobbying for new trade deals with UK and EU
Categories Business HYPED WorldOil: Trillion to pursue three oil exploration blocks in Turkey near recent discoveries Atilla YeşiladaPosted on31 July, 2023 Turkish President Erdogan’s claim of a major oil find in South East Turkey was widely … Continue ReadingWorldOil: Trillion to pursue three oil exploration blocks in Turkey near recent discoveries
Categories Business HIGHLIGHTS Politics Burhanettin Duran: Black Sea grain corridor and China’s interest in Türkiye Atilla YeşiladaPosted on30 July, 2023 Russia’s suspension of the Black Sea grain deal continues to capture the global media’s attention … Continue ReadingBurhanettin Duran: Black Sea grain corridor and China’s interest in Türkiye
Categories Business Economy HIGHLIGHTS Economy czar Simsek: Rational policies bearing fruit Atilla YeşiladaPosted on30 July, 2023 “We are pleased to see an increase in investors’ interest in Turkish assets,” said Mehmet … Continue ReadingEconomy czar Simsek: Rational policies bearing fruit
Categories Business Finance HYPED Erdogan toured Gulf States seeking economic injections for Turkey’s ailing economy. Did he succeed? Atilla YeşiladaPosted on28 July, 2023 Turkish President Recep Tayyip Erdogan, shortly after clinching another five-year term in the recent elections, … Continue ReadingErdogan toured Gulf States seeking economic injections for Turkey’s ailing economy. Did he succeed?
Categories Business HIGHLIGHTS Simsek calls upon EU to launch new Custom Union talks Atilla YeşiladaPosted on28 July, 2023 Turkey’s Minister of Treasury and Finance Mehmet Şimşek stated that he believes that the Customs … Continue ReadingSimsek calls upon EU to launch new Custom Union talks
Categories Business Finance HIGHLIGHTS Central Bank rolls out new measures likely to trigger credit crunch Atilla YeşiladaPosted on26 July, 2023 Central Bank of Turkey on Tuesday unveiled a set of new measures to support monetary … Continue ReadingCentral Bank rolls out new measures likely to trigger credit crunch
Categories Business HIGHLIGHTS CNBC.com: EU not ready to embrace Turkey Atilla YeşiladaPosted on12 July, 2023 President Recep Tayyip Erdoğan renewed his country’s bid to become a member of the European … Continue ReadingCNBC.com: EU not ready to embrace Turkey
Categories Business HIGHLIGHTS Hande Firat: Administration expects huge capital inflow from Gulf Nations Atilla YeşiladaPosted on27 June, 2023 Mrs Hande Firat is a journalist and columnist for large-selling daily Hurriyet. She is known … Continue ReadingHande Firat: Administration expects huge capital inflow from Gulf Nations
Categories Business HYPED Turkey Claims Huge 1-Billion-Barrel Oil Discovery in South East Atilla YeşiladaPosted on21 June, 2023 Turkish Petroleum (TPAO) has made the largest crude oil discovery onshore Turkey with a find … Continue ReadingTurkey Claims Huge 1-Billion-Barrel Oil Discovery in South East
Categories Business HIGHLIGHTS Turkey’s inflation spiral fed by 34% hike in minimum wage Atilla YeşiladaPosted on20 June, 2023 Turkey raised monthly minimum wage by another 34% beginning on July 1, the government said … Continue ReadingTurkey’s inflation spiral fed by 34% hike in minimum wage
