Turkey draws in $12.3 billion of FDI in 2016 despite decrease in investments globally

The World Investment Report 2017 prepared by the United Nations Conference on Trade and Development (UNCTAD) says Turkey drew in $12.3 billion of FDI in 2016 2016 despite the global decline in investments and a vibrant 2016. The report which highlighted countries with diversified industrial manufacturing despite having no oil resources mentioned that More...

by Editor | Published 1 week ago
By Editor On Tuesday, July 18th, 2017
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Turkish automotive sector is heading for new record in exports in 2017

Automotive sector is a major source to generate export revenues adding substantially to the economy of Turkey. The Turkish companies operating in the sector have a very important share in world markets and Europe, More...

By Editor On Monday, July 17th, 2017
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Istanbul Stock Market renews its closing record after seeing all-time peak

The BIST 100 index finished the day with an increase of 0.99 percent at 106,177 points which is a new closing record, after having seen all-time peak of 106,402.15 points during the day. The BIST 100 index which More...

By Editor On Sunday, July 16th, 2017
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Israeli tourists cannot wait to start coming to Turkey again

Antalya, which has been the favorite destination for Israeli tourists for many years, is getting ready to deserve this title again.  The number of Israeli tourists in Turkey is expected to increase dramatically More...

By Editor On Sunday, July 16th, 2017
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Minister says Turkish economy will grow faster in the second quarter

Economy Minister Nihat Zeybekci delivered a speech in the semiannual evaluation meeting of the Turkish Exporters Assembly (TIM) on which occasion he commemorated with gratitude, those who lost their lives in the More...

By Editor On Sunday, July 16th, 2017
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Experts say the price of oil will not exceed the ceiling of US$ 70 for more than 5 years

22nd World Petroleum Congress in Istanbul The World Petroleum Congress was held in Istanbul for the first time this year. Experts who made comments about the current situation in the global oil market said the price More...

By Editor On Friday, July 14th, 2017
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Turkish Bankers say they have done the best for economy since July 15 coup attempt

Bank chief executives have made a declaration saying they have tried to do what is best for the economy and not the sector since the coup attempt on July 15th 2016. Mr. AYDIN, Chairman of the Turkish Banking Association More...

By Editor On Friday, July 14th, 2017
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The Istanbul stock market breaks its closing record above 105,000

BIST 100 INDEX on Istanbul Stock Exchange completed a closing day with a record of 105.175,73 points corresponding to an increase of 0.93 percent. While BIST 100 index increased by 965.51 points compared to the More...

Tourism sector in Turkey experiencing tough times
By Editor On Sunday, July 9th, 2017
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Minister says Turkey has 6th place among countries receiving most tourists

Mr. Lütfi ELVAN, Minister of Tourism said tourism had been one of the fastest growing sectors in the world in the last 40 years despite the occasional shocks and the number of incoming tourists had continuously More...

By Editor On Friday, July 7th, 2017
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A brief look at “Turkish Cement Sector” and prospects for the future

The TURKISH CEMENT INDUSTRY began production in 1911 with 20 000 tons capacity. The production which reached 370 000 in 1950s was not enough to meet local market demand until the 1970s. The country’s cement industry, More...

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