Categories Company & Industry General HIGHLIGHTS First flare at Sakarya Gas Field Cem CetingucPosted on29 July, 2021 Turkey lit the first gas flare in the Sakarya Gas Field located in the Black Sea during a ceremony on July … Continue ReadingFirst flare at Sakarya Gas Field
Categories Business General Politics Tech Turkey rapidly advancing its drone warfare capacity Cem CetingucPosted on29 July, 2021 NEW YORK/ISTANBUL — In a video posted from his personal Twitter account last week, the … Continue ReadingTurkey rapidly advancing its drone warfare capacity
Categories General Politics Germany Warns Turkey’s Exiled Media of Apparent Hit List Cem CetingucPosted on29 July, 2021 WASHINGTON – Celal Baslangic was at his Cologne home on July 16 when two German … Continue ReadingGermany Warns Turkey’s Exiled Media of Apparent Hit List
Categories General Turkey to build two corvettes for Ukraine Cem CetingucPosted on29 July, 2021 ANKARA, Turkey — A December 2020 deal between Turkey and Ukraine for the sale of an unknown … Continue ReadingTurkey to build two corvettes for Ukraine
Categories General Politics US calls Turkey to keep away from Russia Cem CetingucPosted on29 July, 2021 During the last Eid al-Adha holiday, the session held at the U.S. Senate Foreign Relations … Continue ReadingUS calls Turkey to keep away from Russia
Categories Business Company & Industry HALKB: 2Q Preview, Target Price & Rating Revision – Uphill Battle Cem CetingucPosted on26 July, 2021 Higher funding and credit risk costs remain as risk factors Following the strong loan growth … Continue ReadingHALKB: 2Q Preview, Target Price & Rating Revision – Uphill Battle
Categories General Minister Koca: Delta variant cases in Turkey nearly triple in a week Cem CetingucPosted on14 July, 2021 The number of Delta variant COVID-19 cases in Turkey has risen to some 750 from … Continue ReadingMinister Koca: Delta variant cases in Turkey nearly triple in a week
Categories General Politics Biden nominates Jeff Flake as the new US ambassador of Turkey Cem CetingucPosted on14 July, 202114 July, 2021 President Joe Biden has tapped former Senator Jeff Flake to be the U.S.’s next ambassador to Turkey, the White House announced on … Continue ReadingBiden nominates Jeff Flake as the new US ambassador of Turkey
Categories General Politics Turkey reversed its decision to ban plastic waste imports from the UK Cem CetingucPosted on13 July, 2021 Turkey is reported to have reversed its controversial decision to impose a ban on a … Continue ReadingTurkey reversed its decision to ban plastic waste imports from the UK
Categories General Oil wrestling has a comeback in Turkey after pandemic Cem CetingucPosted on13 July, 2021 EDIRNE, Turkey (AP) — After a year-long, pandemic-induced hiatus, the sounds of the zurna flute … Continue ReadingOil wrestling has a comeback in Turkey after pandemic
Categories Company & Industry Economy An Overview of the Turkish Economy in 2021 Cem CetingucPosted on13 July, 2021 Volkan Korkmazer The CBRT inflation target for the end of 2021 is approximately 12% and … Continue ReadingAn Overview of the Turkish Economy in 2021
Categories Company & Industry GARAN: 2Q Preview & Target Price Revision – Mind the ROE Progress Cem CetingucPosted on12 July, 2021 Earnings recovery and attractive valuation support share performance Garanti share price is up 15% since … Continue ReadingGARAN: 2Q Preview & Target Price Revision – Mind the ROE Progress
Categories Economy General Macro Snapshot: Policy rate seems stable in July but could be decreased by 25-50bps in next 3 months, CBRT Survey indicates Cem CetingucPosted on10 July, 2021 MoM expectations were over the historical averages in the coming months (2003-2019 Median – Jul.: … Continue ReadingMacro Snapshot: Policy rate seems stable in July but could be decreased by 25-50bps in next 3 months, CBRT Survey indicates
Categories General JPMorgan reveals five emerging economies that are most vulnerable to Delta variant Cem CetingucPosted on9 July, 20219 July, 2021 NEW YORK: Economies of the Philippines, Peru, Colombia, South Africa and Thailand are among the … Continue ReadingJPMorgan reveals five emerging economies that are most vulnerable to Delta variant
Categories Business Company & Industry Economy Green projects in Turkey to create 100,000 + new jobs Cem CetingucPosted on9 July, 2021 A visible pipeline of 238 renewable projects in Turkey is expected to generate 9.2 gigawatts of capacity and 110,000 … Continue ReadingGreen projects in Turkey to create 100,000 + new jobs
Categories General JPMorgan | Turkey: inflation raises its voice once again Cem CetingucPosted on7 July, 2021 Yarkin Cebeci After two consecutive down side surprises over April and May, inflation surprised significantly … Continue ReadingJPMorgan | Turkey: inflation raises its voice once again
Categories General Politics Tough decisions lie ahead for Turkey in the wake of NATO and EU summits Cem CetingucPosted on6 July, 20216 July, 2021 Yasar Yakis Turkey is faced with some difficult choices after two important summits that took … Continue ReadingTough decisions lie ahead for Turkey in the wake of NATO and EU summits
Categories Business Company & Industry Markets Turkish Private Banks: Margin recovery delayed by yet another quarter, but… Cem CetingucPosted on5 July, 2021 The market’s muted reaction to the banks’ strong Q1 profits implies a re-rating requires earnings … Continue ReadingTurkish Private Banks: Margin recovery delayed by yet another quarter, but…
Categories Business Company & Industry EEMEA Aviation: Optimism with reason but with caution Cem CetingucPosted on5 July, 2021 Summer reopenings continue amid vaccine rollout acceleration: In our previous sector update (EEMEA Airlines: Reopening … Continue ReadingEEMEA Aviation: Optimism with reason but with caution
Categories Business Company & Industry KCHOL: Reinitiating coverage with TP of TL31.8/share Cem CetingucPosted on5 July, 2021 Attractive portfolio at a high discount… We re-initiate coverage on Koç Holding as we see the … Continue ReadingKCHOL: Reinitiating coverage with TP of TL31.8/share