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
Categories Business Company & Industry General HIGHLIGHTS META’s Threads shut down operations in Türkiye Cem CetingucPosted on15 April, 2024 Meta Platforms announced on Monday that its social media platform Threads will be temporarily shut … Continue ReadingMETA’s Threads shut down operations in Türkiye
Categories Business Company & Industry General HIGHLIGHTS Sabanci Holding – Buy: Remains undervalued and attractive Cem CetingucPosted on13 April, 2024 NAV update. We have revisited our NAV model and applied higher valuations to the banking … Continue ReadingSabanci Holding – Buy: Remains undervalued and attractive
Categories Company & Industry Economy General HIGHLIGHTS Turkey’s Manufacturing PMI declines in March Cem CetingucPosted on1 April, 2024 March results of Istanbul Chamber of Industry (ISO) Turkey Manufacturing PMI Survey were announced. … Continue ReadingTurkey’s Manufacturing PMI declines in March
Categories Company & Industry Economy HIGHLIGHTS Annual inflation in Istanbul continues to rise: ITO Data Cem CetingucPosted on1 April, 2024 According to ITO data, retail prices in Istanbul increased by 3.93 percent and wholesale prices … Continue ReadingAnnual inflation in Istanbul continues to rise: ITO Data
Categories Company & Industry HIGHLIGHTS Markets HSBC Research is overweight in Turkish equities Atilla YeşiladaPosted on30 March, 2024 Turkish equities have performed strongly y-t-d, and indeed since Mehmet Simsek was reappointed as Finance … Continue ReadingHSBC Research is overweight in Turkish equities
Categories Company & Industry Economy Finance HIGHLIGHTS Fitch Raises TWF’s Rating to B+ with Positive Outlook Cem CetingucPosted on27 March, 202427 March, 2024 Fitch’s latest move upgrades Türkiye Wealth Fund’s rating to B+ and signals a positive outlook, … Continue ReadingFitch Raises TWF’s Rating to B+ with Positive Outlook
Categories Company & Industry Finance HIGHLIGHTS Branchout Türkiye Unveils Türkiye M&A Outlook 2023 Report Cem CetingucPosted on27 March, 2024 Evidence of a contracting global economy was also manifested in merger and acquisition (M&A) activities … Continue ReadingBranchout Türkiye Unveils Türkiye M&A Outlook 2023 Report
Categories Business Company & Industry HIGHLIGHTS Turkey,Azerbaijan agrees to export Turkmen oil Cem CetingucPosted on25 March, 2024 The share of transit oil from Kazakhstan and Turkmenistan, transported through the BTC pipeline (Baku-(Azerbaijan)-Tbilisi … Continue ReadingTurkey,Azerbaijan agrees to export Turkmen oil
Categories Company & Industry Economy HIGHLIGHTS Turkish Banks’ NII Conundrum Is Being Resolved Cem CetingucPosted on25 March, 202422 June, 2024 Turkish Banks’ Margin Defense Looks Solid Despite Rising Rates (Bloomberg Intelligence) — Akbank, Garanti, Isbank … Continue ReadingTurkish Banks’ NII Conundrum Is Being Resolved
