Categories Company & Industry HIGHLIGHTS Negotiations on Yapı Kredi’s share sale stuck in valuation difference Cem CetingucPosted on22 May, 202422 May, 2024 Preliminary talks between First Abu Dhabi Bank PJSC (FAB) and Koç Holding to buy a … Continue ReadingNegotiations on Yapı Kredi’s share sale stuck in valuation difference
Categories Finance HIGHLIGHTS BIST rally expected to accelerate if Turkey exits FATF grey list Cem CetingucPosted on20 May, 202420 May, 2024 Turkey’s removal from the FATF grey list and the reopening of swap channels for foreign … Continue ReadingBIST rally expected to accelerate if Turkey exits FATF grey list
Categories Finance HIGHLIGHTS New Turkey crypto bill draws international attention Cem CetingucPosted on20 May, 202420 May, 2024 Turkish President Tayyip Erdogan’s ruling party has introduced a draft law to parliament, mandating licensing … Continue ReadingNew Turkey crypto bill draws international attention
Categories HIGHLIGHTS Markets Turkey’s role in Putin’s covert fuel sales to the EU Cem CetingucPosted on20 May, 2024 Moscow bagged €3 billion through a sanctions loophole that allows Turkey to relabel Russian oil … Continue ReadingTurkey’s role in Putin’s covert fuel sales to the EU
Categories Economy HIGHLIGHTS Inflation Outlook Improves: Minister Şimşek Cem CetingucPosted on20 May, 2024 The positive results of the economic program the government is implementing are reflected in inflation … Continue ReadingInflation Outlook Improves: Minister Şimşek
Categories Economy HIGHLIGHTS Simsek: Turkey to assess easing long term swap restrictions initially Güldem AtabayPosted on20 May, 202420 May, 2024 Treasury and Finance Minister Mehmet Şimşek said that they are working on a minimum corporate … Continue ReadingSimsek: Turkey to assess easing long term swap restrictions initially
Categories General HIGHLIGHTS Erdogan & ally to propose spy bill to stifle dissent Atilla YeşiladaPosted on19 May, 2024 Turkey’s new spy bill, compared to Russia’s, may limit journalists and civil society, sparking fears … Continue ReadingErdogan & ally to propose spy bill to stifle dissent
Categories General HIGHLIGHTS Is Iran about to go nuclear? Atilla YeşiladaPosted on19 May, 2024 Iran may be just weeks away from developing nuclear weapons, according to Rafael Grossi, director … Continue ReadingIs Iran about to go nuclear?
Categories HIGHLIGHTS Politics Murat Yetkin: Power play in Ankara: Bahçeli’s influence on Erdoğan Atilla YeşiladaPosted on18 May, 2024 Whether out of genuine necessity or strategic maneuvering, the Nationalist Movement Party (MHP) leader Devlet … Continue ReadingMurat Yetkin: Power play in Ankara: Bahçeli’s influence on Erdoğan
Categories Atilla Yeşilada Finance HIGHLIGHTS Markets Video: Suddenly, Turkish Lira is the king of Emerging Markets Atilla YeşiladaPosted on18 May, 2024 It is a funny world we live in. Only in March, Turkey was on the … Continue ReadingVideo: Suddenly, Turkish Lira is the king of Emerging Markets
Categories HIGHLIGHTS Politics Kurdish leader Demirtas gets 42 year prison sentence, dimming hopes of “normalization” in Turkish politics Atilla YeşiladaPosted on18 May, 2024 A Turkish court on Thursday sentenced Selahattin Demirtas, the former leader of the pro-Kurdish People’s … Continue ReadingKurdish leader Demirtas gets 42 year prison sentence, dimming hopes of “normalization” in Turkish politics
Categories General HIGHLIGHTS Agriculture is essential for Türkiye’ survival: President Erdoğan Cem CetingucPosted on17 May, 202417 May, 2024 President Recep Tayyip Erdoğan has highlighted the critical role of agriculture in Türkiye’s survival, underscoring the need for unity and … Continue ReadingAgriculture is essential for Türkiye’ survival: President Erdoğan
Categories General HIGHLIGHTS Two criminal cases drive AKP and MHP apart Atilla YeşiladaPosted on17 May, 2024 While President Recep Tayyip Erdoğan continues to express that Turkey needs “political softening”, (or a … Continue ReadingTwo criminal cases drive AKP and MHP apart
Categories Economy HIGHLIGHTS Fiscal outlook deteriorates despite the robustness in tax revenues Atilla YeşiladaPosted on16 May, 2024 The central government budget posted a TL178bn deficit in April, while the 12-month rolling deficit … Continue ReadingFiscal outlook deteriorates despite the robustness in tax revenues
Categories Business HIGHLIGHTS Politics Turkey should be ‘firmly re-anchored’ in EU, finance minister says Atilla YeşiladaPosted on16 May, 2024 Turkey’s Finance Minister Mehmet Şimşek on Tuesday (14 May) called for his country to be … Continue ReadingTurkey should be ‘firmly re-anchored’ in EU, finance minister says
Categories Economy General HIGHLIGHTS Important revelations from Mehmet Simsek in Qatar Economic Forum Atilla YeşiladaPosted on16 May, 2024 Mehmet Simsek promised more fiscal austerity and structural reform from Qatar Economic Forum. His speech … Continue ReadingImportant revelations from Mehmet Simsek in Qatar Economic Forum
Categories Economy HIGHLIGHTS Number of paid employees increased by 2.6 percent annually Cem CetingucPosted on15 May, 2024 Number of paid employees including industry, construction, trade-services sectors increased by 2.6% in March 2024 … Continue ReadingNumber of paid employees increased by 2.6 percent annually
Categories Company & Industry HIGHLIGHTS Legal reform enables Turkey to export LNG to EU Cem CetingucPosted on15 May, 2024 A new amendment to mining regulations in Türkiye, along with numerous energy laws adopted by … Continue ReadingLegal reform enables Turkey to export LNG to EU
Categories HIGHLIGHTS Politics Erdoğan pledges to limit ‘bureaucratic control’ amid police inquiry Cem CetingucPosted on15 May, 2024 President Recep Tayyip Erdoğan has pledged resolute action against any form of “bureaucratic control” as an investigation unfolds … Continue ReadingErdoğan pledges to limit ‘bureaucratic control’ amid police inquiry
Categories Company & Industry Finance HIGHLIGHTS Petkim: Raise estimates on updated FX; fundamentals remain challenging Cem CetingucPosted on15 May, 2024 Inflation accounting: Petkim has applied TAS 29 “Financial reporting in hyperinflationary economies” in its consolidated … Continue ReadingPetkim: Raise estimates on updated FX; fundamentals remain challenging
