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Tag: Turkish business

Turkish contractors banned from Euro-tender for Russia connections
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

Turkey drums up support for alternative to India-Middle East trade corridor
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

Emirates NBD makes strategic investment in Turkish start-up Erguvan
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

Turkish  contractors score $9bn  new work, re-appear in Middle East markets
Categories Business HYPED

Turkish  contractors score $9bn  new work, re-appear in Middle East markets

Atilla YeşiladaPosted on22 August, 2023

Turkish construction firms undertook around $8.93 billion (around TL 242 billion) worth of projects abroad … Continue ReadingTurkish  contractors score $9bn  new work, re-appear in Middle East markets

ANALYSIS:  Two developments to enhance Turkey’s role as EU’s NG supplier
Categories Business HIGHLIGHTS

ANALYSIS:  Two developments to enhance Turkey’s role as EU’s NG supplier

Atilla YeşiladaPosted on22 August, 2023

A big shift is brewing for Caspian Basin energy exports. In a diplomatic about-face, Turkmenistan … Continue ReadingANALYSIS:  Two developments to enhance Turkey’s role as EU’s NG supplier

Two state banks raise $1.1 bn from “undisclosed“ sources
Categories Business Finance HIGHLIGHTS

Two state banks raise $1.1 bn from “undisclosed“ sources

Atilla YeşiladaPosted on17 August, 202317 August, 2023

Ziraat Bank announced that it has obtained long-term foreign financing of 600 million dollars from … Continue ReadingTwo state banks raise $1.1 bn from “undisclosed“ sources

Xinhua:  Soaring prices Achilles’ heel of Turkish tourism
Categories Business HIGHLIGHTS

Xinhua:  Soaring prices Achilles’ heel of Turkish tourism

Atilla YeşiladaPosted on13 August, 2023

Türkiye is poised for a good tourism season, but meeting the targets for 2023 will … Continue ReadingXinhua:  Soaring prices Achilles’ heel of Turkish tourism

Normalization in full swing as Türkiye’s Saudi exports leap by 630%
Categories Business HIGHLIGHTS

Normalization in full swing as Türkiye’s Saudi exports leap by 630%

Atilla YeşiladaPosted on13 August, 2023

Türkiye’s goods shipments to Saudi Arabia jumped by more than a whopping 600% from January … Continue ReadingNormalization in full swing as Türkiye’s Saudi exports leap by 630%

Western banks pull out of  Turkey financing, UAE jumps into the void
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

A new, rational Erdogan?
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?

Turkey to use FDI for increasing Africa influence
Categories General HIGHLIGHTS Markets Politics

Turkey to use FDI for increasing Africa influence

Cem CetingucPosted on1 December, 2022

Turkey started to actively increase its engagement with Africa in 2005, which has seen FDI … Continue ReadingTurkey to use FDI for increasing Africa influence

Turkish e-commerce volume increases 116 percent
Categories Business Economy General HIGHLIGHTS

Turkish e-commerce volume increases 116 percent

Cem CetingucPosted on22 November, 202222 November, 2022

E-commerce trade volume in Türkiye soared 116 percent year-on-year in the first half of 2022 to stand … Continue ReadingTurkish e-commerce volume increases 116 percent

Economy Czar Nebati makes  headlines with new bloopers
Categories Business General HIGHLIGHTS

Economy Czar Nebati makes  headlines with new bloopers

Atilla YeşiladaPosted on23 January, 2022

Turkish Finance Minister Nureddin Nebati told economists he expects the inflation rate to peak at … Continue ReadingEconomy Czar Nebati makes  headlines with new bloopers

Erdogan promises draconian hikes to pensions
Categories Business General HYPED

Erdogan promises draconian hikes to pensions

Atilla YeşiladaPosted on20 December, 2021

Some 13.5 million retirees in Turkey will receive at least 40 percent raise to their … Continue ReadingErdogan promises draconian hikes to pensions

Erdogan orders probe into Turkish lira’s slump – Anadolu Agency
Categories Business General

Erdogan orders probe into Turkish lira’s slump – Anadolu Agency

Atilla YeşiladaPosted on28 November, 2021

Turkish President Tayyip Erdogan has ordered an investigation into possible currency manipulation after the lira … Continue ReadingErdogan orders probe into Turkish lira’s slump – Anadolu Agency

BREAKING:  Harvey Nichols quittign Turkey
Categories Business HIGHLIGHTS

BREAKING: Harvey Nichols quittign Turkey

Atilla YeşiladaPosted on19 April, 2021

Biritish luxury fashion retailer Harvey Nichols has reportedly decided to pull out of Turkey, reports … Continue ReadingBREAKING: Harvey Nichols quittign Turkey

Will Canal Istanbul be ever constructed?
Categories Business General

Will Canal Istanbul be ever constructed?

Atilla YeşiladaPosted on13 April, 2021

Turkey’s Environmental Minister Murat Kurum recently confirmed that the country has approved development plans for … Continue ReadingWill Canal Istanbul be ever constructed?

Canal Istanbul: The greatest of all White Elephants
Categories Business General Politics

Canal Istanbul: The greatest of all White Elephants

Atilla YeşiladaPosted on12 April, 2021

  What is Canal Istanbul:  President Erdogan’s pet crazy project is a channel which will … Continue ReadingCanal Istanbul: The greatest of all White Elephants

Financial Times:  Central bank policy zigzags leave Turkey’s small businesses struggling
Categories Business

Financial Times:  Central bank policy zigzags leave Turkey’s small businesses struggling

Atilla YeşiladaPosted on1 April, 2021

  THIS ONLY AN EXCERPT, republished because it has new value for Turkey   After … Continue ReadingFinancial Times:  Central bank policy zigzags leave Turkey’s small businesses struggling

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