Categories Company & Industry Finance General HIGHLIGHTS Markets Unistream to launch instant money transfers to Turkey, India Cem CetingucPosted on12 September, 2022 Russian bank Unistream, which specialises in money transfers, has seen a surge in remittances since … Continue ReadingUnistream to launch instant money transfers to Turkey, India
Categories Business Company & Industry General HIGHLIGHTS Tech Turkish nuclear power plant company ready to go global Cem CetingucPosted on5 September, 2022 Turkish suppliers and companies involved in the Akkuyu Nuclear Power Plant (NPP) project are now … Continue ReadingTurkish nuclear power plant company ready to go global
Categories Business Company & Industry HIGHLIGHTS Markets Ozon opens office in Turkey to help goods flow to Russia Cem CetingucPosted on31 August, 2022 Russian e-commerce firm Ozon said on Tuesday (30 August) it would open a local office … Continue ReadingOzon opens office in Turkey to help goods flow to Russia
Categories Business Company & Industry Finance HIGHLIGHTS Y.F. Top Picks: Adding AKBN & VAKBN, Removing GARAN Cem CetingucPosted on25 August, 2022 AKBNK/VAKBN in, GARAN out We add AKBNK and VAKBN to our model portfolio, while removing … Continue ReadingY.F. Top Picks: Adding AKBN & VAKBN, Removing GARAN
Categories Company & Industry Economy Emerging Markets General HIGHLIGHTS So far so good: 1.4 M Bulgarians visited Turkey in 2020 Cem CetingucPosted on25 August, 2022 About 1.4 million Bulgarians visited Turkey in January-July, according to data from the country’s Ministry of Culture and Tourism, … Continue ReadingSo far so good: 1.4 M Bulgarians visited Turkey in 2020
Categories Business Company & Industry General HIGHLIGHTS HYPED Musk reveals buying Manchester United tweet was a ‘joke’ Cem CetingucPosted on17 August, 2022 Tesla CEO Elon Musk said he was joking when he tweeted on Wednesday he was … Continue ReadingMusk reveals buying Manchester United tweet was a ‘joke’
Categories Business Company & Industry HIGHLIGHTS IHC acquires 50 percent stake in Kalyon Enerji Cem CetingucPosted on11 August, 2022 Abu Dhabi’s International Holding Co (IHC.AD) on Thursday said it had acquired a 50% stake in Turkey’s … Continue ReadingIHC acquires 50 percent stake in Kalyon Enerji
Categories Business Company & Industry HIGHLIGHTS Murat Yetkin: Putin and Erdoğan’s joined destiny Atilla YeşiladaPosted on9 August, 2022 The joint statement published by President Tayyip Erdoğan and Russian President Tayyip Erdoğan, after the … Continue ReadingMurat Yetkin: Putin and Erdoğan’s joined destiny
Categories Business Company & Industry General HIGHLIGHTS Baykar Makina implements ‘drone project’ in Ukraine Cem CetingucPosted on9 August, 2022 Turkey’s Baykar Makina has already set up its own company in Ukraine, purchased a plot … Continue ReadingBaykar Makina implements ‘drone project’ in Ukraine
Categories Company & Industry Economy General HIGHLIGHTS Lessons from Turkey’s careless attempt to restrict crypto Cem CetingucPosted on8 August, 2022 The Turkish government’s ambitious plan to restrict the use of cryptocurrencies to protect the local … Continue ReadingLessons from Turkey’s careless attempt to restrict crypto
Categories Business Company & Industry Economy General HIGHLIGHTS Turkish exporters to revise year-end targets amid inflationary pressure Cem CetingucPosted on8 August, 2022 Turkish exporters are revising down year-end targets in a move that could derail the government’s … Continue ReadingTurkish exporters to revise year-end targets amid inflationary pressure
Categories Company & Industry Emerging Markets General HIGHLIGHTS Turkey ranked fourth in the globe for geothermal greenhouses Cem CetingucPosted on5 August, 20225 August, 2022 The surface of greenhouses heated with geothermal energy in Turkey increased by 400% since 2002, … Continue ReadingTurkey ranked fourth in the globe for geothermal greenhouses
Categories Company & Industry Economy General HIGHLIGHTS Reuters: Turkey’s tourism revenues triple despite many Turks stay home Cem CetingucPosted on4 August, 2022 Turkey’s tourism revenues nearly tripled in the second quarter while first-half foreign visitor numbers surged … Continue ReadingReuters: Turkey’s tourism revenues triple despite many Turks stay home
Categories Business Company & Industry Finance General HIGHLIGHTS Turkish Cargo becomes fourth among global air freight companies Cem CetingucPosted on2 August, 2022 The air cargo transportation operator of Turkish Airlines (THY), Turkish Cargo rose to rank fourth among … Continue ReadingTurkish Cargo becomes fourth among global air freight companies
Categories Company & Industry General HIGHLIGHTS Tech Turkey’s first electric car will be introduced to Europe in 2024 Cem CetingucPosted on2 August, 20222 August, 2022 Domestically produced electric vehicle Togg will hit the roads in Türkiye in the first quarter of 2023 … Continue ReadingTurkey’s first electric car will be introduced to Europe in 2024
Categories Business Company & Industry General HIGHLIGHTS Rosatom gives nuclear plant construction deal to TSM Enerji Cem CetingucPosted on1 August, 2022 Russia’s state nuclear energy firm Rosatom has awarded TSM Enerji the contract to undertake the … Continue ReadingRosatom gives nuclear plant construction deal to TSM Enerji
Categories Business Company & Industry General HIGHLIGHTS Markets Indigenization rate in defense industry surpasses 70 percent Cem CetingucPosted on29 July, 2022 The indigenization rate in the country’s defense industry has surpassed 70 percent, Defense Industries Presidency (SSB) head İsmail … Continue ReadingIndigenization rate in defense industry surpasses 70 percent
Categories Business Company & Industry Finance HIGHLIGHTS BofA | TOFAS:Healthy 2Q recovery; reiterate Buy Cem CetingucPosted on29 July, 2022 Increase FY22E-23E EPS on avg by 21%; remain bullish We update our model for Tofas’ … Continue ReadingBofA | TOFAS:Healthy 2Q recovery; reiterate Buy
Categories Business Company & Industry Finance HIGHLIGHTS BIOEN – Turning waste into value (TP: TL13.10/share) Cem CetingucPosted on29 July, 2022 Turning waste into value. Biotrend is a leading player in Municipal solid waste management sector, focusing … Continue ReadingBIOEN – Turning waste into value (TP: TL13.10/share)
Categories Business Company & Industry General HIGHLIGHTS Politics Putin pushes Turkey to produce drones for Russia Cem CetingucPosted on27 July, 2022 Russian President Vladimir Putin is reportedly pushing for Ukraine’s drone supplier to produce weapons for the … Continue ReadingPutin pushes Turkey to produce drones for Russia
