Categories Business Multinationals evaporating from Turkish business scene Atilla YeşiladaPosted on12 July, 202112 July, 2021 Foreign manufacturers operating in Turkey are losing their sway over the business world and economy, … Continue ReadingMultinationals evaporating from Turkish business scene
Categories Business Company & Industry Oil & Gas: 2Q21 pit stop Atilla YeşiladaPosted on10 July, 2021 EEMEA oil & gas continues to benefit from a supportive macro backdrop with our revised … Continue ReadingOil & Gas: 2Q21 pit stop
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 Business Saudi Arabia amends import rules in major challenge to UAE, Turkey Atilla YeşiladaPosted on8 July, 2021 Saudi Arabia has amended its rules on imports from neighboring Gulf Arab countries to exclude … Continue ReadingSaudi Arabia amends import rules in major challenge to UAE, Turkey
Categories Business Economy EU’s Green Agenda for the Western Balkans Packs a Risky Geopolitical Agenda Atilla YeşiladaPosted on6 July, 2021 “EU funding mobilized for the Western Balkans’ green transformation could ultimately flow right into the … Continue ReadingEU’s Green Agenda for the Western Balkans Packs a Risky Geopolitical Agenda
Categories Business General HIGHLIGHTS The geopolitical and environmental dangers of Turkey’s Bosporus bypass canal Atilla YeşiladaPosted on6 July, 2021 Turkish President Recep Tayyip Erdogan has initiated the controversial building of a multi-billion-dollar canal intended … Continue ReadingThe geopolitical and environmental dangers of Turkey’s Bosporus bypass canal
Categories Business Finance General A new Reza Zarrab case is brewing in Austria Atilla YeşiladaPosted on6 July, 2021 Shady business tycoon Sezgin Baran Korkmaz has slammed claims that he will be the next … Continue ReadingA new Reza Zarrab case is brewing in Austria
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 General HYPED Turkish Private Schooling struggles amid pandemic era Atilla YeşiladaPosted on5 July, 2021 Turkish private schooling has been one of the areas most affected by the coronavirus. … Continue ReadingTurkish Private Schooling struggles amid pandemic era
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
Categories Business Economy General HIGHLIGHTS Politics ECFR: How the European Green Deal can save the EU’s relationship with Turkey Güldem AtabayPosted on24 June, 2021 Europeans know that the EU needs to create a new paradigm in its relationship with … Continue ReadingECFR: How the European Green Deal can save the EU’s relationship with Turkey
Categories Business Economy General CBRT and China expand swap agreement Cem CetingucPosted on16 June, 2021 The Turkish Central Bank (CBRT) and People’s Bank of China (PBOC) expanded their swap agreement, which was signed in May 2019, … Continue ReadingCBRT and China expand swap agreement
Categories Business General Markets Turkey’s relations with Libya increased with new administration in Tripoli Cem CetingucPosted on16 June, 2021 Turkey’s relations with Libya have grown with the new interim government in Tripoli to match … Continue ReadingTurkey’s relations with Libya increased with new administration in Tripoli
Categories Business HIGHLIGHTS FT/Ayse Jean Ackley: Dollar blow for Turkey as tourism season runs into the sand Atilla YeşiladaPosted on12 June, 2021 In the resort destination of Marmaris, nestled between turquoise waters and pine-covered mountains on Turkey’s south-west coast, … Continue ReadingFT/Ayse Jean Ackley: Dollar blow for Turkey as tourism season runs into the sand
Categories Business Economy HIGHLIGHTS JP Morgan Turkey strategy: Strong growth warrants tight policies Atilla YeşiladaPosted on11 June, 2021 Despite the lockdown and much slower loan growth, we have revised our 2021 growth … Continue ReadingJP Morgan Turkey strategy: Strong growth warrants tight policies
Categories Business Company & Industry Şişecam to invest $310M in Hungary Cem CetingucPosted on10 June, 2021 In a bid to further boost its global expansion targets, Turkish glass manufacturer Şişecam is … Continue ReadingŞişecam to invest $310M in Hungary
Categories Business Company & Industry Getir raised another $550m capital, taking its talents to the US Cem CetingucPosted on7 June, 20217 June, 2021 Getir, the Istanbul-based grocery delivery app, has raised $550m in new funding — tripling its … Continue ReadingGetir raised another $550m capital, taking its talents to the US
Categories Business Company & Industry Goldman Sachs: Europe is re-opening, but refining margins and equities are lagging Cem CetingucPosted on7 June, 2021 The re-opening of Europe is gathering pace with the average activity level now at c.50% … Continue ReadingGoldman Sachs: Europe is re-opening, but refining margins and equities are lagging
Categories Business HIGHLIGHTS Rough start for Turkey’s tourism season Atilla YeşiladaPosted on4 June, 2021 Tourism is vital for Turkey’s economy as it wants to lure back holidaymakers this summer … Continue ReadingRough start for Turkey’s tourism season
