Categories Company & Industry HIGHLIGHTS Tech Turkish UAV’s play significant role in Ukraine war: NATO Cem CetingucPosted on21 December, 2022 Turkish-made drones used by Ukraine on the battlefield are “playing a huge role in Ukraine,” … Continue ReadingTurkish UAV’s play significant role in Ukraine war: NATO
Categories Company & Industry HIGHLIGHTS HYPED Tech Turkey’s first unmanned fighter aircraft takes off for the first time Cem CetingucPosted on16 December, 2022 Turkey’s first indigenous unmanned fighter aircraft Bayraktar Kızılelma, developed by Baykar Technologies, has completed its test take-off in … Continue ReadingTurkey’s first unmanned fighter aircraft takes off for the first time
Categories Business Company & Industry HIGHLIGHTS Tech PayTabs’ acquisiton of Paymes finalized Cem CetingucPosted on14 December, 2022 PayTabs, Middle East, Africa, and South Asia’s (MEASA’s) award-winning payments powerhouse, in a power play announced that it had … Continue ReadingPayTabs’ acquisiton of Paymes finalized
Categories Company & Industry Economy Emerging Markets General HIGHLIGHTS Turkey Health Tourism Sector aim to expand over 60 Countries Cem CetingucPosted on4 December, 2022 Data from the Health Ministry showed that 1.5 million foreign nationals visited Türkiye to receive … Continue ReadingTurkey Health Tourism Sector aim to expand over 60 Countries
Categories Company & Industry General HIGHLIGHTS American Express: Istanbul is among top 10 tourist destinations in 2023 Cem CetingucPosted on30 November, 202230 November, 2022 Istanbul is among the top 10 trending destinations in 2023 in the world, according to American … Continue ReadingAmerican Express: Istanbul is among top 10 tourist destinations in 2023
Categories Business Company & Industry Economy HIGHLIGHTS Economist: Halal products show great potential in the market Cem CetingucPosted on28 November, 202228 November, 2022 The economy around halal products — those meeting Islamic standards — has a very bright … Continue ReadingEconomist: Halal products show great potential in the market
Categories Business Company & Industry HIGHLIGHTS HP to layoff 6,000 employees due to global economy Cem CetingucPosted on24 November, 2022 PC-maker Hewlett Packard on Nov. 22 said it would layoff as many as 6,000 employees over the … Continue ReadingHP to layoff 6,000 employees due to global economy
Categories Company & Industry General HIGHLIGHTS Tech Turkish combat aircraft reaches its final stage Cem CetingucPosted on24 November, 2022 The construction of the indigenous combat aircraft has reached its final stage, as the wings have … Continue ReadingTurkish combat aircraft reaches its final stage
Categories Company & Industry Economy General HIGHLIGHTS Erdogan: Turkey will impose measures to shops charging excessive prices Cem CetingucPosted on22 November, 2022 Turkish President Tayyip Erdogan said he will hold discussions at the next cabinet meeting on … Continue ReadingErdogan: Turkey will impose measures to shops charging excessive prices
Categories Company & Industry Finance General HIGHLIGHTS Turkish authorities investigate reasons of FTX’s collapse Cem CetingucPosted on17 November, 2022 The Turkish regulator joined the United States and the Bahamas in investigating the exchange’s fall. … Continue ReadingTurkish authorities investigate reasons of FTX’s collapse
Categories Company & Industry Economy HIGHLIGHTS HYPED Moody’s rises Turkeys 2022 GDP growth estimate to 5.3 percent Cem CetingucPosted on14 November, 2022 International credit rating agency Moody’s on Thursday upgraded its forecast for Türkiye’s economic growth this … Continue ReadingMoody’s rises Turkeys 2022 GDP growth estimate to 5.3 percent
Categories Business Company & Industry Finance HIGHLIGHTS TUPRS: Reflecting 3Q beat; tight diesel supply Cem CetingucPosted on9 November, 2022 We increase our TP for Tupras to TRY422.60 (from TRY341.40 previously) as we add the … Continue ReadingTUPRS: Reflecting 3Q beat; tight diesel supply
Categories Company & Industry General HIGHLIGHTS Higher education graduation rate rose to 40 percent in Turkey: Report Cem CetingucPosted on7 November, 2022 The higher education graduation rate of young adults in Turkey, which was 9 percent in … Continue ReadingHigher education graduation rate rose to 40 percent in Turkey: Report
Categories Business Company & Industry HIGHLIGHTS Turkish banks face tough market in FX loan refinancing Atilla YeşiladaPosted on4 November, 2022 Turkey’s current account deficit (CAD) is expected to hit $60 bn by YE2022, and not … Continue ReadingTurkish banks face tough market in FX loan refinancing
Categories Business Company & Industry General HIGHLIGHTS HYPED BOTAS signs new gas deal with the National Iranian Gas Co. Cem CetingucPosted on4 November, 2022 Turkey’s state-owned energy company, BOTAS Petroleum Pipeline Corporation, has signed a new deal with the … Continue ReadingBOTAS signs new gas deal with the National Iranian Gas Co.
Categories Company & Industry Economy Finance General HIGHLIGHTS Turan: Access to loan gets more difficult on a daily basis Cem CetingucPosted on30 October, 2022 Turkey’s leading TÜSİAD business association chair Orhan Turan has said that access to loan is … Continue ReadingTuran: Access to loan gets more difficult on a daily basis
Categories Company & Industry General HIGHLIGHTS HYPED Bird outside the cage: Elon Musk takes total control of Twitter Cem CetingucPosted on28 October, 2022 Elon Musk has taken control of Twitter with brutal efficiency, firing top executives immediately but … Continue ReadingBird outside the cage: Elon Musk takes total control of Twitter
Categories Company & Industry General HIGHLIGHTS Turkish Competition Authority fines Facebook 6.5M dollars Cem CetingucPosted on27 October, 2022 The Turkish Competition Authority has ordered Facebook to pay a total fine of 346 million Turkish Liras ($6.5 … Continue ReadingTurkish Competition Authority fines Facebook 6.5M dollars
Categories Business Company & Industry General HIGHLIGHTS GEM Digital invests 50M dollars on Manc to boost global expansion Cem CetingucPosted on27 October, 202227 October, 2022 The Turkish developer Manc has reported a $50m investment for their Mancium mobile game token. … Continue ReadingGEM Digital invests 50M dollars on Manc to boost global expansion
Categories Company & Industry Finance General HIGHLIGHTS Turkish banks heavily concerned about new monetary rules Cem CetingucPosted on27 October, 202227 October, 2022 Turkish bank executives raised concerns with authorities this week that a year of new rules … Continue ReadingTurkish banks heavily concerned about new monetary rules