Veteran journalist comments Nato scandal part of planned plot against Turkey

Regarding the most recent scandal witnessed in NATO, some experts believe the intolerable action against Turkey was part of an intentional scheme to kick this country out of the North Atlantic Treaty Organization. Mr. ALTAYLI a veteran journalist and opinion leader has commented as follows: “The insult committed against Turkey’s founder Mustafa More...

by Editor | Published 4 hours ago
Turkey’s Foreign Minister: We have sent USA two diplomatic notes over Reza ZARRAB
By Editor On Thursday, November 16th, 2017
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Turkey’s Foreign Minister: We have sent USA two diplomatic notes over Reza ZARRAB

Regarding the diplomatic note sent by Turkey to USA, Foreign Minister CAVUSOGLU said a note had been sent earlier over gold trader businessman Reza ZARRAB and when there was no reply, Turkey had sent another note More...

Projects in energy and mining sectors receive high incentives from the government
By Editor On Thursday, November 16th, 2017
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Projects in energy and mining sectors receive high incentives from the government

It is reported that 183 investment incentive certificates were issued in the energy and mining sectors, in Turkey in September. The calculated value of all projects with investment incentive certificate total up More...

Abraaj Group bought KFC Turkey from Yum Brands of USA with 104 restaurants
By Editor On Thursday, November 16th, 2017
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Abraaj Group bought KFC Turkey from Yum Brands of USA with 104 restaurants

A Kentucky Fried Chicken Restaurant in Istanbul – Turkey It is reported that ABRAAJ GROUP with headquarters in Dubai and founded by Arif NAQVI in 2002 has bought KFC Turkey with 104 restaurants, from Yum More...

How will the new tool to be implemented by CBRT for the exchange rate risk work?
By Editor On Monday, November 13th, 2017
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How will the new tool to be implemented by CBRT for the exchange rate risk work?

MURAT ÇETİNKAYA – TURKEY’S CENTRAL BANK GOVERNOR The CBRT (Central Bank of Republic of Turkey) will implement a new product to manage the risk of the real sector in the future.  Forward foreign exchange More...

Consumer prices go up by 0.65 % and annual inflation climbs to 11.20 percent in Sept 2017
By Editor On Monday, November 13th, 2017
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Consumer prices go up by 0.65 % and annual inflation climbs to 11.20 percent in Sept 2017

As reported by CBT (Central Bank of Turkey) annual inflation is above 10 percent currently which is something the administration would not be very happy about. In fact, it is also stated by the bank that current More...

Koç and Sabancı groups may compete for huge project to renew buses in Libya
By Editor On Monday, November 13th, 2017
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Koç and Sabancı groups may compete for huge project to renew buses in Libya

KOÇ HOLDING and SABANCI HOLDING are the 2 largest conglomerates in Turkey. However these giant groups pay attention to their best, not to enter the same sectors (obviously to avoid tough competition with each More...

Turkey receives foreign investment worth USD 140 billion between 2010-2016
By Editor On Sunday, November 12th, 2017
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Turkey receives foreign investment worth USD 140 billion between 2010-2016

Turkey has been a country of attraction for foreign investments for quite a while now thanks to factors like its location, trained manpower and advancing technology etc. Based on data provided by Turkey’s Ministry More...

By Editor On Saturday, November 11th, 2017
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Turkish Airlines makes record high profit in third quarter 2017

It is reported that THY (Turkish Airlines) has made the biggest operating profit in the 3rd quarter of the year in its history with USD 939 million. The company announced its third quarter financial results for More...

Based on report by TUIK 140,298 houses were sold in Turkey, in September 2017
By Editor On Saturday, November 11th, 2017
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Based on report by TUIK 140,298 houses were sold in Turkey, in September 2017

Turkish construction and housing sector is no doubt the locomotive of the Turkish economy. The sector is also very important due to the positive contribution it provides for the employment issue in the country. More...

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