Categories Company & Industry HIGHLIGHTS Turkish defense companies boost export performance in 2024 Cem CetingucPosted on5 July, 2024 Turkish defense and aerospace companies boosted their export performance significantly in the first half of … Continue ReadingTurkish defense companies boost export performance in 2024
Categories Company & Industry HIGHLIGHTS Getir secures $250m and restructures into two businesses Cem CetingucPosted on2 July, 2024 Turkish food delivery giant Getir has received $250 million in investment led by Abu Dhabi wealth fund Mubadala … Continue ReadingGetir secures $250m and restructures into two businesses
Categories Company & Industry HIGHLIGHTS Turkish airlines recognized as ‘top airline in europe’ Cem CetingucPosted on25 June, 2024 Turkish Airlines has said that it was named “Best Airline in Europe” by Skytrax at the 2024 World Airline … Continue ReadingTurkish airlines recognized as ‘top airline in europe’
Categories Business Company & Industry HIGHLIGHTS Turkish real estate prices slump in real terms in April Atilla YeşiladaPosted on25 June, 2024 House Price Index (HPI) increased by 2.2 percent in April compared to the previous month … Continue ReadingTurkish real estate prices slump in real terms in April
Categories Company & Industry HIGHLIGHTS Turkey’s industrial production drops by 0.7 percent annually Cem CetingucPosted on12 June, 202412 June, 2024 Türkiye’s industrial production contracted by 0.7% year-on-year in April 2024, according to data released by … Continue ReadingTurkey’s industrial production drops by 0.7 percent annually
Categories Company & Industry HIGHLIGHTS Erdogan Announces Increase in Oil Production in Gabar, Turkey Cem CetingucPosted on6 June, 2024 Turkish President Recep Tayyip Erdogan on Tuesday announced that the daily production of oil in … Continue ReadingErdogan Announces Increase in Oil Production in Gabar, Turkey
Categories Company & Industry Finance HIGHLIGHTS Markets Borsa İstanbul star of Emerging Markets but rally is stalling on account of bank valuations Atilla YeşiladaPosted on2 June, 2024 Borsa Istanbul BIST-100 main index completed May at 10,400 points with an increase of 3.53 … Continue ReadingBorsa İstanbul star of Emerging Markets but rally is stalling on account of bank valuations
Categories Business Company & Industry HYPED New recommendation for Turkey’s private lenders Atilla YeşiladaPosted on2 June, 2024 This is an excerpt from HSBC Research Note! PA Turkey does not do equity research, … Continue ReadingNew recommendation for Turkey’s private lenders
Categories Company & Industry HYPED Markets HOLD recommendation for Turkish glassware giant by HSBC Research Atilla YeşiladaPosted on2 June, 2024 Key points We foresee sales volume recovery in key product groups this year but a … Continue ReadingHOLD recommendation for Turkish glassware giant by HSBC Research
Categories Company & Industry HIGHLIGHTS Turkish Defence Industry to mass produce Altay battle tanks Cem CetingucPosted on30 May, 2024 New generation Altay tank under the project of Presidency of Defence Industries is upgraded to … Continue ReadingTurkish Defence Industry to mass produce Altay battle tanks
Categories Company & Industry General HIGHLIGHTS Türkiye pushes top ten in global renewable energy capacity Cem CetingucPosted on30 May, 202430 May, 2024 Türkiye has climbed to the 11th spot in global renewable energy capacity ranking, Energy Minister Alparslan Bayraktar has said, citing data … Continue ReadingTürkiye pushes top ten in global renewable energy capacity
Categories Company & Industry Finance HIGHLIGHTS Citi Research on Turkish Bank Shares: Neutral Atilla YeşiladaPosted on24 May, 2024 Turkish equities, particularly for banks, have enjoyed very strong performance since Turkey’s return to more … Continue ReadingCiti Research on Turkish Bank Shares: Neutral
Categories Company & Industry HIGHLIGHTS Negotiations on Yapı Kredi’s share sale stuck in valuation difference Cem CetingucPosted on22 May, 202422 May, 2024 Preliminary talks between First Abu Dhabi Bank PJSC (FAB) and Koç Holding to buy a … Continue ReadingNegotiations on Yapı Kredi’s share sale stuck in valuation difference
Categories Company & Industry HIGHLIGHTS Legal reform enables Turkey to export LNG to EU Cem CetingucPosted on15 May, 2024 A new amendment to mining regulations in Türkiye, along with numerous energy laws adopted by … Continue ReadingLegal reform enables Turkey to export LNG to EU
Categories Company & Industry Finance HIGHLIGHTS Petkim: Raise estimates on updated FX; fundamentals remain challenging Cem CetingucPosted on15 May, 2024 Inflation accounting: Petkim has applied TAS 29 “Financial reporting in hyperinflationary economies” in its consolidated … Continue ReadingPetkim: Raise estimates on updated FX; fundamentals remain challenging
Categories Company & Industry HIGHLIGHTS Turkey fines exceed 37M dollars in Meta Investigations Cem CetingucPosted on8 May, 20248 May, 2024 Türkiye has levied a combined administrative fine of TL 1.2 billion (around $37.2 million) against … Continue ReadingTurkey fines exceed 37M dollars in Meta Investigations
Categories Company & Industry Finance HIGHLIGHTS 1Q24 Banking Sector Earnings Preview Cem CetingucPosted on30 April, 2024 Banks will start to disclose their Q1 24 financials with Garanti before the market open … Continue Reading1Q24 Banking Sector Earnings Preview
Categories Company & Industry General HIGHLIGHTS Turkish University to utilize AI for space activity monitoring, including ‘spy satellites’ Cem CetingucPosted on24 April, 2024 Harnessing the potential of artificial intelligence, spacecraft and objects, including satellites passing over Türkiye, can be … Continue ReadingTurkish University to utilize AI for space activity monitoring, including ‘spy satellites’
Categories Company & Industry General HIGHLIGHTS Politics Turkiye contemplates bandwidth throttling measure targeting X Cem CetingucPosted on24 April, 2024 Transport and Infrastructure Minister Abdulkadir Uraloğlu has declared that the Turkish government is contemplating bandwidth throttling measures against X, formerly … Continue ReadingTurkiye contemplates bandwidth throttling measure targeting X
Categories Company & Industry Economy General HIGHLIGHTS Markets Politics President Erdogan addresses Turkish Economy, Defense, and Gaza Support Cem CetingucPosted on17 April, 202417 April, 2024 Following the conclusion of the local elections on March 31 and the Ramadan holiday, President … Continue ReadingPresident Erdogan addresses Turkish Economy, Defense, and Gaza Support
