Promising developments recorded in renewable energy sector in Turkey

“Renewable Energy” is of vital importance for Turkey. The main reason for this is Turkey is highly dependent on foreign energy sources such as oil in which case it is practically impossible to talk about an independent national economy. This brings us to the bitter fact the country is in need to create alternative energy sources other than traditional More...

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By Editor On Tuesday, June 27th, 2017
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House sales increased by 1,5 percent in May compared to same month last year

House sales in May 2017 increased by 1.5% compared to the same month of the previous year and became 116 thousand 558. In house sales, Istanbul had the highest share with 20,489 houses sold corresponding to 17,4%. More...

By Editor On Monday, June 26th, 2017
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Exporters Association: “Aegean region’s exports increased by 3 percent”

Exports from the Aegean region in the first five months of this year increased by 3 percent compared to the same period last year, reaching 6 billion 888 million dollars. According to a written statement from the More...

By Editor On Monday, June 26th, 2017
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Turkish Economy Minister says Turkey has sent over 120 cargo flights to Qatar

Economy Minister Nihat Zeybekci has said Turkey has sent more than 120 cargo flights to Qatar so far. He also said “So far we sent 121 cargo planes of supply to this country meaning the largest air transport More...

By Editor On Monday, June 26th, 2017
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Hotel occupancy rates increase in Istanbul in May 2017 but revenues fall

The Turkish Association of Hotels (TÜROB) reports that hotel occupancy rates increased in Istanbul in May but hotels in the city are still the cheapest in Europe. TÜROB  also said that despite the fact that More...

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By Editor On Monday, June 26th, 2017
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Istanbul Stock Exchange most profitable stock market since beginning of 2017

Borsa Istanbul (Istanbul Stock Exchange) ranked first among the major world stock exchanges enabling its investors to earn about 28 percent since the beginning of the year. Investors have earned an average of 27.52 More...

By Editor On Sunday, June 25th, 2017
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Qatar refuses 13-item demand list for lifting of embargo by Gulf countries

Based on new reports from the Gulf, Qatar rejected the 13-item bid of Saudi Arabia, BAE, Bahrain and Egypt for the lifting of embargo imposed by coalition, on grounds that it was not reasonable. According to news More...

By Editor On Sunday, June 25th, 2017
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Report says Turks love to do shopping on foreign websites on the internet

Turks are truly so eager to spend and consume … This we have known for years from observations. In fact, this observation is once again proved as it has been announced by a statement made by a reliable official More...

By Editor On Thursday, June 22nd, 2017
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The Association of Vehicle Manufacturers Association (TAYSAD) pays visit to automotive manufacturers in India

A delegation consisting of TAYSAD members paid a visit to India to meet the main industrial companies in India. Based on the observations from this visit mainly Mr. Alper Kanca, President of the Association of More...

By Editor On Thursday, June 22nd, 2017
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Turkey’s Finance Minister: “Budget gave a surplus of 6.4 billion TL in May”

Finance Minister Naci Agbal said that the central government budget provided a deficit of 6.4 billion Turkish Liras in May and 11.5 billion liras in January-May period adding this had been a significant influence More...

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