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
Categories Business Company & Industry HIGHLIGHTS Markets Turkish auto industry is on a mission for market expansion Cem CetingucPosted on26 July, 2022 Turkey’s automotive industry, which makes some 80% of its exports to Europe, is now in … Continue ReadingTurkish auto industry is on a mission for market expansion
Categories Business Company & Industry Finance HIGHLIGHTS OZKGY- Outperform maintained with TP of TL10.10/share Cem CetingucPosted on26 July, 2022 2022E unit sales revenue at TL1.3bn Despite counter-cyclical regulatory changes such as cap for house … Continue ReadingOZKGY- Outperform maintained with TP of TL10.10/share
Categories Business Company & Industry General HIGHLIGHTS Turkey’s retail sector confidence witnessed biggest drop since April 2021 Cem CetingucPosted on25 July, 2022 Confidence among firms operating in Turkey’s retail industry dropped after inflation in the country extended … Continue ReadingTurkey’s retail sector confidence witnessed biggest drop since April 2021
Categories Company & Industry General HIGHLIGHTS Markets Bloomberg: Cyprus Gas Discoveries Boosted by EU’s Shift From Russia Supplies Cem CetingucPosted on25 July, 2022 The European Union’s drive to slash reliance on Russian natural gas is boosting the strategic … Continue ReadingBloomberg: Cyprus Gas Discoveries Boosted by EU’s Shift From Russia Supplies
Categories Business Company & Industry Finance General HIGHLIGHTS EBRD loans 50 million dollars to QNB Finansbank for women-lead companies Cem CetingucPosted on23 July, 202223 July, 2022 The European Bank for Reconstruction and Development (EBRD) is providing a loan of up to … Continue ReadingEBRD loans 50 million dollars to QNB Finansbank for women-lead companies
Categories Business Company & Industry HIGHLIGHTS BOTAŞ: Natural gas delivery will halt due to maintenance Cem CetingucPosted on23 July, 2022 Turkey’s state pipeline operator said on Friday that gas flows would halt between Aug. 14 … Continue ReadingBOTAŞ: Natural gas delivery will halt due to maintenance
Categories Company & Industry Markets Spain’s BBVA shifts to hyperinflation accounting in Turkey, shares slide Güldem AtabayPosted on30 June, 202230 June, 2022 Shares in BBVA (BBVA.MC) fell on Wednesday, after the Spanish bank said hyperinflation accounting at its Turkish … Continue ReadingSpain’s BBVA shifts to hyperinflation accounting in Turkey, shares slide
Categories Company & Industry HYPED Markets HSBC Global Research: Taking stock of recent regulations on commercial banks Atilla YeşiladaPosted on30 June, 2022 Policy makers respond to TRY depreciation by influencing market rates through regulating bank balance sheets. … Continue ReadingHSBC Global Research: Taking stock of recent regulations on commercial banks
Categories Business Company & Industry Finance HIGHLIGHTS Turkish Aviation: Heading towards a strong summer Cem CetingucPosted on8 June, 2022 Shift in traffic mix towards international routes should support profitability. Despite the headwinds from Omicron … Continue ReadingTurkish Aviation: Heading towards a strong summer
Categories Company & Industry Finance General HIGHLIGHTS Banking industry: FX protected deposit scheme boosts NII Cem CetingucPosted on6 June, 20226 June, 2022 45% monthly ROE on lower provisions and OPEX Turkish banking sector’s April net income is … Continue ReadingBanking industry: FX protected deposit scheme boosts NII
Categories Business Company & Industry Emerging Markets Finance HIGHLIGHTS IsDB to invest on eliminating food supply problems: Nebati Cem CetingucPosted on5 June, 2022 The Islamic Development Bank (IsDB) Group works to eliminate problems in the food supply and … Continue ReadingIsDB to invest on eliminating food supply problems: Nebati
Categories Company & Industry General HIGHLIGHTS Markets Tech Turkey to mass produce laser-guide munition for its drones Cem CetingucPosted on5 June, 2022 Turkey has started to mass-produce its latest miniature munition developed for unmanned aerial vehicles (UAVs), … Continue ReadingTurkey to mass produce laser-guide munition for its drones
Categories Company & Industry Economy General HIGHLIGHTS Turkey raises natural gas and power prices amid ‘perfect eceonomic storm’ Cem CetingucPosted on2 June, 2022 Turkey raised natural gas and power prices on Wednesday and its energy importer blamed a … Continue ReadingTurkey raises natural gas and power prices amid ‘perfect eceonomic storm’
Categories Business Company & Industry General HIGHLIGHTS Tupras | Upgrade to Buy: Weaker TRY shifts balance of risk Cem CetingucPosted on1 June, 20221 June, 2022 Exceptionally strong refining margins… Tupras continues to enjoy exceptionally strong refining margins on the back … Continue ReadingTupras | Upgrade to Buy: Weaker TRY shifts balance of risk
Categories Company & Industry General HIGHLIGHTS Markets Turkey becomes a major player in global health tourism Cem CetingucPosted on30 May, 2022 Turkey’s health services industry served more than 640,000 people from other nations, and 400,000 of … Continue ReadingTurkey becomes a major player in global health tourism
Categories Company & Industry Economy General HIGHLIGHTS Markets Turkish publishers struggle to survive amid economic crisis Cem CetingucPosted on30 May, 2022 Turkish publishers are increasingly struggling to release new books and face agonising choices to survive amid … Continue ReadingTurkish publishers struggle to survive amid economic crisis
Categories Company & Industry General HIGHLIGHTS Markets Turkey: main destination for EU’s waste exports Cem CetingucPosted on25 May, 2022 Turkey is the largest destination for waste exported from the EU, with a volume of around 14.7 … Continue ReadingTurkey: main destination for EU’s waste exports
Categories Business Company & Industry Economy General HIGHLIGHTS Tech Turkey to save 7 Billion dollars from wind, solar energy Cem CetingucPosted on25 May, 2022 Turkey has managed to save $7 billion in the last 12 months as its wind … Continue ReadingTurkey to save 7 Billion dollars from wind, solar energy
Categories Company & Industry General HIGHLIGHTS Tech Electric cargo UGV production is set to start in Turkey Cem CetingucPosted on24 May, 2022 An electronics company from central Turkey is set to begin mass production of its electric … Continue ReadingElectric cargo UGV production is set to start in Turkey