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 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 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 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
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
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
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
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%
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 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
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
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
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
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
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
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?
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
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
