Koç and Sabancı Holdings, Turkey’s largest conglomerates enjoy increased profits

Talking about largest conglomerates in Turkey, it goes without saying the two leading groups are KOÇ HOLDING and SABANCI HOLDING. Throughout years, they have reached a peak point where it is difficult for any others to come anywhere even close to where they stand now. Needless to say both have contributed to Turkey in terms of development of industry, More...

by Editor | Published 7 hours ago
By Editor On Saturday, August 19th, 2017
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Turkey enjoys major growth in aviation sector as compared to many developing countries

Thanks to the emerging economy in Turkey, this country has enjoyed major growth in aviation sector as well as compared to many developing and European countries. As of beginning of August 2017, an increase of 265 More...

By Editor On Saturday, August 19th, 2017
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Turkish Car rental sector to enjoy boom in demand during sacrifice feast

Rent-a-car sector has made a considerable progress in Turkey, in recent years. Especially during the official holidays, this sector seems to be much more active. In fact, experts forecast that the occupancy rate More...

By Editor On Saturday, August 19th, 2017
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Top 20 exporters list of Turkey announced by Turkish Exporters Association

According to the Top 1000 Exporter Company-2016 survey prepared by the Turkish Exporters Assembly (TIM), FORD OTOMOTİV ranked number one on the list for top exporters of Turkey with US$ 3,9 billion followed by More...

By Editor On Friday, August 18th, 2017
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EU takes radical decision concerning Turkey following initiative by Germany

Germany is trying to increase the economic pressure on Turkey. It is reported that EU is preparing to cut hundreds of millions of euros in financial aid to Turkey following Berlin’s initiatives in this direction. More...

By Editor On Tuesday, August 15th, 2017
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German Foreign Minister says economic pressure on Turkey works

German Foreign Minister Sigmar Gabriel commented on the tension between Berlin and Ankara and said “economic pressure” on Turkey was working. This expression was obviously a reference to some measures taken More...

By Editor On Tuesday, August 15th, 2017
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Dubai based company acquires Turkish MNG Cargo, an affiliate of MNG Holding

MNG Cargo, one of Turkey’s leading cargo companies has been acquired by Mirage Cargo B.V. based in Dubai. Following the approval of the Competition Board by transfer of shares, the sales to Dubai company More...

By Editor On Tuesday, August 15th, 2017
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Huge investment by Turkish Armed Forces Foundation in Balıkesir

İşbir Elektrik Sanayi A.Ş (Electric Industry co), an affiliate of the Foundation for Strengthening of Turkish Armed Forces (TSKGV) will invest 50 million Turkish Liras on a 31,500 square meters area at the Organized More...

By Editor On Tuesday, August 15th, 2017
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Istanbul Stock Exchange closes the day with a 2.40 percent drop

While the BIST 100 index decreased by 2,624.10 points compared to the previous close, the total transaction volume amounted to 7 billion TL. Banking index decreased by 2.45 percent and holding index decreased by More...

By Editor On Tuesday, August 15th, 2017
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Hotel investments in Black Sea region climb due to interest from Gulf countries

It was reported that the investment amount of the projects that received incentive certificate in 6 months reached 1.7 billion TL and the Black Sea region enjoyed a large increase in the amount of investments in More...

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