Categories Business Company & Industry HIGHLIGHTS Turkish startups secure $4.7B in investments over four years Cem CetingucPosted on25 November, 202425 November, 2024 Türkiye’s technology startup ecosystem has shown significant growth recently and has attracted $4.7 billion in … Continue ReadingTurkish startups secure $4.7B in investments over four years
Categories Business Company & Industry HIGHLIGHTS Zeren Group finalizes Türkiye Petrolleri acquisition Cem CetingucPosted on25 November, 2024 ISTANBUL, Nov. 25, 2024 (GLOBE NEWSWIRE) — Zeren Group has successfully completed its acquisition of … Continue ReadingZeren Group finalizes Türkiye Petrolleri acquisition
Categories Business Economy HIGHLIGHTS Turkish economy: Supply-demand imbalance a hinderance to disinflation Atilla YeşiladaPosted on25 November, 2024 Growth outlook remained weak, while the demand indicators point to a slower-than-desired correction. Considering tight … Continue ReadingTurkish economy: Supply-demand imbalance a hinderance to disinflation
Categories Business Company & Industry HIGHLIGHTS Turkey’s real estate prices collapse in real terms Atilla YeşiladaPosted on20 November, 2024 Turkish house sales have been rising for three months in a row, breaking a 22-monht … Continue ReadingTurkey’s real estate prices collapse in real terms
Categories Business General HIGHLIGHTS Fitch Q&A: Will Trump residency REALLY benefit Turkey? Atilla YeşiladaPosted on17 November, 2024 Executive Summary In this analysis, we explore what a Donald Trump presidency in the US … Continue ReadingFitch Q&A: Will Trump residency REALLY benefit Turkey?
Categories Business Finance HIGHLIGHTS Commentary: Money will flow to stocks and real estate Atilla YeşiladaPosted on17 November, 2024 Hints by the Central Bank of Turkey (CBRT) about rate cuts as early as December, … Continue ReadingCommentary: Money will flow to stocks and real estate
Categories Business HIGHLIGHTS Halkbank objects to court ruling on sovereign immunity Atilla YeşiladaPosted on15 November, 2024 Halkbank, whose trial process continues as a defendant in the Riza Sarraf case heard in … Continue ReadingHalkbank objects to court ruling on sovereign immunity
Categories Business HIGHLIGHTS TURKEY: Retail sales recover after summer swoon Atilla YeşiladaPosted on12 November, 2024 Official stats agency Turkstat released retail sales and various trade turn-over data for September. Retail … Continue ReadingTURKEY: Retail sales recover after summer swoon
Categories Business Economy HIGHLIGHTS September industrial production: A mild recovery amidst general pessimism Atilla YeşiladaPosted on12 November, 2024 Tukey’s IP rose on a MoM basis but remains at depressed levels not observed since … Continue ReadingSeptember industrial production: A mild recovery amidst general pessimism
Categories Business Economy HIGHLIGHTS ANALYSIS: Slight improvement in September employment figures Atilla YeşiladaPosted on12 November, 2024 Unemployment rate materialized at 8.6%… Unemployment rate in September remained unchanged at 8.6% compared to … Continue ReadingANALYSIS: Slight improvement in September employment figures
Categories Business General HIGHLIGHTS Middle East Monitor: Turkey and the US Poised for new partnership Atilla YeşiladaPosted on11 November, 2024 Ankara has high hopes from Trump 2.0, as a large number of topics of mutual … Continue ReadingMiddle East Monitor: Turkey and the US Poised for new partnership
Categories Business General HIGHLIGHTS Turkey calls for arms embargo on Israel, tightens export ban Atilla YeşiladaPosted on5 November, 2024 Turkey Calls for Halting Weapons Shipments to Israel: Turkey submitted a letter — cosigned by … Continue ReadingTurkey calls for arms embargo on Israel, tightens export ban
Categories Business Finance HIGHLIGHTS S&P/Frank Gill: Turkey still has a lot of work to do to climb to investment grade Atilla YeşiladaPosted on4 November, 2024 S&P upgraded Turkey’s sovereign rating a second time this year on Friday, with economy czar … Continue ReadingS&P/Frank Gill: Turkey still has a lot of work to do to climb to investment grade
Categories Business Company & Industry HIGHLIGHTS Turkey’s gas hub project may launch by 2025 Cem CetingucPosted on3 November, 2024 ANKARA, Nov 1 (Reuters) – Turkey’s talks with Russia to strike a deal on a gas trading … Continue ReadingTurkey’s gas hub project may launch by 2025
Categories Business General HIGHLIGHTS Turkey’s “Tax Cheats” owe TL915 bn Atilla YeşiladaPosted on2 November, 2024 Economy czar Mehmet Simsek is trying every trick in the book to raise new revenue … Continue ReadingTurkey’s “Tax Cheats” owe TL915 bn
Categories Business HIGHLIGHTS Markets Businessman predicts surge in FDI and upcoming investment grade for sovereign Cem CetingucPosted on30 October, 2024 As predictability has increased, Türkiye is now back on international investors’ radar, says Murat Özyeğin, … Continue ReadingBusinessman predicts surge in FDI and upcoming investment grade for sovereign
Categories Business HIGHLIGHTS Turkish soap operas poised to become top export Cem CetingucPosted on30 October, 2024 Türkiye ranks as the third-largest exporter of TV series globally, following the United States and the United … Continue ReadingTurkish soap operas poised to become top export
Categories Business HIGHLIGHTS Politics Türkiye & African Union to arrange meeting to improve ties Cem CetingucPosted on26 October, 2024 Türkiye and the African Union (AU) will hold a third ministerial review conference in Djibouti in early November … Continue ReadingTürkiye & African Union to arrange meeting to improve ties
Categories Business HIGHLIGHTS Politics Olaf Schulz visiting Ankara, no talks on new Customs Union Atilla YeşiladaPosted on19 October, 2024 German Chancellor Olaf Scholz was due to meet Turkish President Recep Tayyip Erdogan on Saturday … Continue ReadingOlaf Schulz visiting Ankara, no talks on new Customs Union
Categories Business General HIGHLIGHTS Turkey to tax credit cards, luxuries in a desperate attempt to reduce budget deficit Atilla YeşiladaPosted on13 October, 2024 Turkey is desperate to cut her budget deficit, to increase confidence among global funds and … Continue ReadingTurkey to tax credit cards, luxuries in a desperate attempt to reduce budget deficit
