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Category Archives: Turkey News

Turkish Deputy PM expects higher growth rate in 2010

Date: 22/03/2010 Turkish Deputy PM expects higher growth rate in 2010 Turkish Deputy Premier Ali Babacan has put growth projection for Turkey in 2010 between %3.7 and %5.5, higher than an earlier expectation of %3.5. Appearing on a televised interview on Sunday, Babacan said Turkey had come out of recession...

Posted on 14 February 2011

GreeceÂ’s loss is TurkeyÂ’s gain

Date: 22/03/2010 Greece’s loss is Turkey’s gain Tourism to Turkey is set to benefit from negative publicity resulting from economic problems, strikes and rioting in rival Greece. Flight search site Skyscanner says flight searches to Turkey are 159% higher than flight searches to Greece for travel dates this summer. Greece’s...

Posted on 14 February 2011

TurkeyÂ’s Ziraat Bank ready to go public

Date: 19/03/2010 Turkey’s Ziraat Bank ready to go public The “go ahead” has been given for the initial public offering (IPO) for Turkey’s largest bank. The preliminary works for the IPO of Ziraat Bank, currently the market leader with assets worth TRY 125 billion, have begun according to the Undersecretary...

Posted on 14 February 2011

Tourism minister hopes Turkey to host 30 million tourists in 2010

Date: 18/03/2010 Tourism minister hopes Turkey to host 30 million tourists in 2010 Turkey's Culture and Tourism Minister Ertugrul Gunay said Turkey would carry out a promotion campaign worth 50 million USD, and aimed to host 30 million tourists in 2010 with a 10 percent rise over 2009. Over 27...

Posted on 14 February 2011

Turkey – Most valuable piece of land in Bosphorus on sale at Cannes

Date: 17/03/2010 Turkey - Most valuable piece of land in Bosphorus on sale at Cannes Most valuable piece of land in Bosphorus on sale at Cannes Milliyet - Turkey is standing out in this year’s MIPIM trade show, the international real estate market in Cannes, France. The search for international...

Posted on 14 February 2011

Turkey’s Prime Minister meets British Prime Minister

Date: 17/03/2010 Turkey's Prime Minister meets British Prime Minister Erdogan said that the global financial crisis had almost no impact on the financial system in Turkey. Turkish Prime Minister Recep Tayyip Erdogan said that the global financial crisis had almost no impact on the financial system in Turkey, adding, "Turkish...

Posted on 14 February 2011

Turkish banks still a safe bet, Credit Suisse says

Date: 15/03/2010 Turkish banks still ‘safe bet,’ Credit Suisse says Turkish banks remain a good investment in 2010, according to a new report by Credit Suisse. Although investing in Turkish banks is not as cheap as it was last year, the report remained positive that Turkish banks are a better...

Posted on 14 February 2011

Sterling still at the whim of opinion polls

Date: 15/03/2010 Sterling still at the whim of opinion polls As suspected on Friday, the promise by the Chief Secretary to the Treasury - that there would be no post-election tax increases - did not even survive the weekend. The Chancellor of the Exchequer told Sky News that he could...

Posted on 14 February 2011

Turkish billionaires put mark on Forbes list

Date: 12/03/2010 Turkish billionaires put mark on Forbes list Emin Karamehmet, with $2.9 billion and Sarik Tara, at $2.6 billion. Turkey has made a remarkable advance, according to Steve Forbes, who spoke at a press conference in New York on Wednesday. “Compared to last year, only seven Middle Eastern billionaires...

Posted on 14 February 2011

IstanbulÂ’s outlying districts come to fore with new developments

Date: 12/03/2010 Istanbul’s outlying districts come to fore with new developments With recent investment projects and more to come, Istanbul’s Pendik, Serifali, Çekmeköy, Bayrampasa and Silivri districts have attracted a great deal of attention as regions with potential for further development in the near future, despite being located at a...

Posted on 14 February 2011