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Turkey – Countdown for oil, natural gas exploration in the Black Sea

Date: 12/10/2009 Turkey - Countdown for oil, natural gas exploration in the Black Sea The Turkish Minister of Energy and Natural Resources Taner Yildiz said this week that Turkey could launch an oil and natural gas exploration project off the Black Sea coast before the year end. Speaking to reporters...

Posted on 14 February 2011

IMF expects rapid growth in Turkish economy in 2010

Date: 06/10/2009 IMF expects rapid growth in Turkish economy in 2010 The International Monetary Fund (IMF) head said on Sunday that if Turkey continues to implement sound economic practices, it could achieve an economic performance better than macroeconomic expectations. In an exclusive interview with the AA correspondent in Istanbul, which...

Posted on 14 February 2011

TurkeyÂ’s natural gas production to be doubled

Date: 06/10/2009 Turkey’s natural gas production to be doubled Efforts are underway to finish the construction of the Turkish Petroleum Corporation's (TPAO) natural gas production and drilling platform in Romania which will double Turkey's natural gas production. A Romanian company is constructing the giant platform in a dockyard for TPAO...

Posted on 14 February 2011

Government to construct new airports in Istanbul, Turkey

Date: 05/10/2009 Government to construct new airports in Istanbul, Turkey The Turkish Prime Minister Recep Tayyip Erdogan said this week that the government is planning to construct several new airports in Istanbul. Addressing the opening session of the 10th Transportation Council in Istanbul, Erdogan said Turkey will invest USD 350...

Posted on 14 February 2011

Air Berlin starts cooperation with Turkish Airline

Date: 05/10/2009 Air Berlin starts cooperation with Turkish Airline “Pegasus and Air Berlin have very strong presence in Turkey and Germany and both have changed the way our guests fly in our respective home markets,' says Ali Sabanci, chairman of Pegasus Airlines. Air Berlin, Germany’s second-largest airline company, and Pegasus...

Posted on 14 February 2011

Istanbul РSabiha G̦k̤en opens its new doors

Date: 01/10/2009 Istanbul - Sabiha Gökçen opens its new doors Istanbul’s second international airport, Sabiha Gökçen, is opening the doors of its new terminal Oct. 31, attaining high standards. The terminal, which has an annual capacity of 25 million passengers, currently is undergoing tests. Filled with cuttings, suitcases purchased from...

Posted on 14 February 2011

Turkish Work permits for foreigners to be processed in one month

Date: 28/09/2009 Turkish Work permits for foreigners to be processed in one month The Ministry of Labor and Social Security says the processing time for work permits for foreigners -- currently taking at least seven to eight months -- will be reduced to only one month. According to the Anatolian...

Posted on 14 February 2011

Global M&A companies to meet in Istanbul, Turkey

Date: 25/09/2009 Global M&A companies to meet in Istanbul, Turkey Istanbul will host executives of the world’s top 50 merger and acquisition companies next month. The meeting organized by IMAP, an exclusive global organization of leading mergers and acquisitions advisory firms, will be held at the Çiragan Palace Kempinski Hotel....

Posted on 14 February 2011

Sony: Turkish appetite for technology products defies the crisis

Date: 24/09/2009 Sony: Turkish appetite for technology products defies the crisis The Turkish appetite for technology products defies the crisis, says Mohsen Noohi, the Managing Director of Sony Turkey. As the sector gains momentum with the growing demand for technology, the managing director of Sony Turkey is happy that the...

Posted on 14 February 2011

Global hotel chain signs deal with Turkish group

Date: 23/09/2009 Global hotel chain signs deal with Turkish group RIU Hotels & Resorts now has more than 100 hotels in 16 countries which host over 2.7 million guests a year. RIU Hotels & Resorts, a hotel chain jointly owned by tour operator TUI and the Riu family, has signed...

Posted on 14 February 2011