Categories Business Company & Industry HIGHLIGHTS Gulf countries plan to invest $8 billion in Turkey Cem CetingucPosted on18 February, 2022 Huge Gulf funds are eyeing possible investment opportunities in Turkey, from agriculture to tourism and … Continue ReadingGulf countries plan to invest $8 billion in Turkey
Categories Business Company & Industry HIGHLIGHTS Erdemir: Strong EBITDA, TP up due to stronger steel Cem CetingucPosted on18 February, 2022 Erdemir has released strong 4Q21 IFRS results, with EBITDA almost 30% above consensus estimates. FCFE, … Continue ReadingErdemir: Strong EBITDA, TP up due to stronger steel
Categories Economy General HIGHLIGHTS Turkish consumer confidence slides as high inflation hits Güldem AtabayPosted on18 February, 2022 Turkey’s official consumer confidence index slid by 2.8% in February compared to the previous month … Continue ReadingTurkish consumer confidence slides as high inflation hits
Categories General HYPED Soli Özel: IN SEARCH OF A STRONG LEADER Atilla YeşiladaPosted on17 February, 2022 Walter Posch in conversation with Soli Özel IN SEARCH OF A STRONG LEADER … Continue ReadingSoli Özel: IN SEARCH OF A STRONG LEADER
Categories Business HIGHLIGHTS Tech Video Commentary: Turkey’s Energy Shortage Reaches Critical Point Atilla YeşiladaPosted on17 February, 202217 February, 2022 Turkey’s Energy Shortage Reaches Critical Point Most Developing Nations, even some Developed ones are experiencing … Continue ReadingVideo Commentary: Turkey’s Energy Shortage Reaches Critical Point
Categories Economy Finance HIGHLIGHTS Turkish central bank leaves interest rates unchanged, TL remains vulnerable Güldem AtabayPosted on17 February, 2022 As widely expected, Turkish central bank (CBRT) kept its policy rate unchanged at 14%. The … Continue ReadingTurkish central bank leaves interest rates unchanged, TL remains vulnerable
Categories Business Finance HIGHLIGHTS UPDATE (Expensive borrowing): Turkey Treasury raises $3 bn with 5-year sukuk Atilla YeşiladaPosted on17 February, 202220 February, 2022 Turkey’s Ministry of Finance completed a US3 billion dollar-denominated sukuk deal, its first international bond … Continue ReadingUPDATE (Expensive borrowing): Turkey Treasury raises $3 bn with 5-year sukuk
Categories HIGHLIGHTS HYPED Politics FM Çavuşoğlu: Turkey is ready arrange a meeting between Moscow and Kyiv Cem CetingucPosted on17 February, 2022 Foreign Minister Mevlüt Çauşoğlu on Wednesday held separate phone calls with his Russian and Ukrainian … Continue ReadingFM Çavuşoğlu: Turkey is ready arrange a meeting between Moscow and Kyiv
Categories Company & Industry Economy General HIGHLIGHTS President Erdogan to ease Turkey’s surging energy bills Cem CetingucPosted on17 February, 2022 Turkey’s president announced a set of measures Wednesday that aim to bring relief to households … Continue ReadingPresident Erdogan to ease Turkey’s surging energy bills
Categories Economy HIGHLIGHTS Politics Youth in Turkey report: 73 percent want to live abroad Güldem AtabayPosted on16 February, 2022 Germany-based Konrad-Adenauer-Stiftung (KAS) Association has published its “Turkey Youth 2021 report” in Turkish and German. … Continue ReadingYouth in Turkey report: 73 percent want to live abroad
Categories Finance HIGHLIGHTS Erdoğan-led Turkey Wealth Fund injects 21.8 billion liras into Ziraat Bank Güldem AtabayPosted on16 February, 2022 The capital of Turkey’s Ziraat Bank will be raised to 34.9 billion liras ($2.57 billion) according … Continue ReadingErdoğan-led Turkey Wealth Fund injects 21.8 billion liras into Ziraat Bank
Categories Economy HIGHLIGHTS Turkish private sector’s external debt amounts $169 billion as of end-2021 Güldem AtabayPosted on16 February, 2022 The Turkish private sector’s outstanding foreign loans amounted to $169.4 billion as of the end … Continue ReadingTurkish private sector’s external debt amounts $169 billion as of end-2021
Categories Business Company & Industry Finance DO & CO | Buy: Powering up for take-off Cem CetingucPosted on16 February, 2022 A sustained recovery now looks more achievable: Since the COVID-19 outbreak, the recovery trend across … Continue ReadingDO & CO | Buy: Powering up for take-off
Categories Business General HIGHLIGHTS Politics Turkey, UAE makes trade deal during Erdogan visit Cem CetingucPosted on16 February, 2022 Turkish President Tayyip Erdogan arrived in the United Arab Emirates on Monday as the countries … Continue ReadingTurkey, UAE makes trade deal during Erdogan visit
Categories General HIGHLIGHTS Politics Turkey sending senior officials to Israel ahead of Herzog visit Cem CetingucPosted on16 February, 2022 A team of senior officials from Turkey will travel to Israel ahead of President Isaac … Continue ReadingTurkey sending senior officials to Israel ahead of Herzog visit
Categories Business HYPED Turkey’s gas stations going down by the dozens Atilla YeşiladaPosted on16 February, 2022 Imran Okumus, head of the Petroleum Products Employers’ Union recently claimed in the Turkish that … Continue ReadingTurkey’s gas stations going down by the dozens
Categories Economy HIGHLIGHTS Turkey posts 30 billion lira budget surplus in January as tax revenue jumps on higher inflation Güldem AtabayPosted on15 February, 2022 Turkey reported a budget surplus of 30 billion liras ($2.2 billion) in January as business tax … Continue ReadingTurkey posts 30 billion lira budget surplus in January as tax revenue jumps on higher inflation
Categories Economy HIGHLIGHTS Politics Erdogan’s economic miscalculations could spell the end of his political career Atilla YeşiladaPosted on15 February, 2022 Turkey’s economic crisis is eroding President Erdogan’s support. One and a half years before the … Continue ReadingErdogan’s economic miscalculations could spell the end of his political career
Categories HYPED Tech Aykan Erdemir: Iran’s Cyber Operations Against Turkey Should Be a Wakeup Call for Erdogan Atilla YeşiladaPosted on15 February, 2022 As Turkey’s Islamist President Recep Tayyip Erdogan signals his intention to mend ties with Israel, … Continue ReadingAykan Erdemir: Iran’s Cyber Operations Against Turkey Should Be a Wakeup Call for Erdogan
Categories Business HIGHLIGHTS Guven Sak: How Turkey lost her way Atilla YeşiladaPosted on15 February, 2022 Why are inflationary expectations rising now? One reason is the rapid depreciation of the Turkish … Continue ReadingGuven Sak: How Turkey lost her way
