Turkey to launch solar tender worth EUR 1.2 billion

Thursday, April 17, 2014 Energy
As a growing energy market with no shortage of sunlight throughout the year, Turkey will put a section of its solar potential to tender next month, beginning with Elazig and Erzurum provinces in Eastern Anatolia. The countdown for the tender, which will reward the highest paying investors with solar power generation…

Turkey to attract more Gulf banks – S&P analyst

Thursday, April 17, 2014 Middle East
Turkey’s efficient and highly profitable banking industry is set to continue to attract foreign investors, especially from the Gulf countries, according to Standard and Poor’s (S&P) Turkey Senior Banking Analyst, Goksenin Karagoz. “Observing the high profits and growth potential, foreign investors see many lucrative…

Westbound gas pipeline project re-opens purchases

Thursday, April 17, 2014 Finance
TAP aims at enhancing the security of natural gas supply as well as diversification of gas supplies for the European markets. The Trans Adriatic Pipeline (TAP), a westbound natural gas pipeline project which is expected to reduce Europe's dependence on Russian resources, has moved to re-launch its procurement process.…

Two million more passengers for Turkish Airlines

Thursday, April 17, 2014 Enterprise
The number of passengers increased to 12 million in the first quarter of 2014 compared to 10 million last year. Two million more passengers flew with Turkish Airlines in the first quarter of 2014 compared to January-March last year, according to a company statement. The total passengers from January to March this year…

Turkey’s real estate projects to meet with investors from Gulf region

Thursday, April 17, 2014 Real Estate
Kuwait Finance House and its Turkey affiliates; İSKAN Gayrimenkul A.Ş., Kuveyt Turk Participation Bank Inc. and TURKAPITAL Holding will be hosting “Turkish Real Estate Forum” in Kuwait to bring Turkish real estate sector representatives together with investors from Gulf region. The forum will be held between 28-29…

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April 17, 2014

Turkey to launch solar tender worth EUR 1.2 billion

As a growing energy market with no shortage of sunlight throughout the year, Turkey will put a section of its solar potential to tender next month, beginning…
April 17, 2014

Turkey to attract more Gulf banks – S&P analyst

Turkey’s efficient and highly profitable banking industry is set to continue to attract foreign investors, especially from the Gulf countries, according to…
April 17, 2014

Westbound gas pipeline project re-opens purchases

TAP aims at enhancing the security of natural gas supply as well as diversification of gas supplies for the European markets. The Trans Adriatic Pipeline…
April 17, 2014

Two million more passengers for Turkish Airlines

The number of passengers increased to 12 million in the first quarter of 2014 compared to 10 million last year. Two million more passengers flew with Turkish…
April 17, 2014

Turkey’s real estate projects to meet with investors from Gulf region

Kuwait Finance House and its Turkey affiliates; İSKAN Gayrimenkul A.Ş., Kuveyt Turk Participation Bank Inc. and TURKAPITAL Holding will be hosting “Turkish…

Turkey’s first ecological town to build in Gaziantep

April 16, 2014 in Real Estate
After the Turkey’s first ‘passive house’, Gaziantep Metropolitan Municipality has started to work to build Turkey’s first ‘ecological town’. Within the…

Turkish economy delegation to visit Jordan late April

April 16, 2014 in Enterprise
A high profile Turkish economic delegation led by Turkish Economy Minister Nihat Zeybekci will visit Jordan at the end of this month, a Jordanian official has…

Turkish first quarter budget deficit $630 million

April 16, 2014 in Finance
Turkey ran a budget deficit of 1.5 billion Turkish liras ($630 million) for the first three months of this year. Turkey ran a budget deficit of 1.5 billion…

Turkey's HAVELSAN to assist Malaysia on defense industry

April 16, 2014 in Enterprise
Turkey's leading defense software company to help Malaysian army improve its defense technology. Turkish defense industry manufacturer HAVELSAN and Malaysian…

Aksaray Museum home to Cappadocia history

April 16, 2014 in Culture & Art
Significant archaeological and ethnographic works that shed light on the history of Cappadocia region, mummies and the world’s first known skull to have been…

Turkey's profits from boron rose 25 fold in past decade

April 15, 2014 in Enterprise
Turkey’s official mining company Eti Maden's gross profits from boron multiplied by 25 in past decade, reaching nearly half a billion dollars last year.…

Turkey's response to Twitter: Open office and pay your tax

April 15, 2014 in Internet
ISTANBUL (Reuters) - Twitter will close some accounts in Turkey but will not for now set up an office there as the government wants, a senior Turkish official…

New house prices increased by 12,99 in Turkey

April 15, 2014 in Real Estate
According to the results of REIDIN-GYODER (Real Estate and Real Estate Investment Companies Association) New Home Price Index, in March 2014 there is 0,41…

Istanbul top climber in business appeal: Report

April 15, 2014 in Culture & Art
Istanbul recorded the biggest jump in Chicago-based consulting firm AT Kearney’s latest index on the cities with the greatest global appeal, rising to 28th…

Turkey becomes a top 15 military spender

April 15, 2014 in Money
Turkey has replaced Canada to become the world’s 14th top military spender in 2013, according to figures released on April 14 by Stockholm International Peace…

Yusen Logistics to make Turkey a regional hub

April 14, 2014 in Enterprise
One of the world’s leading freight forwarders, Yusen Logistics of Japan, aims for strong growth in Turkey. Having established its Turkish division in 2012,…

Turkey's President and PM on poll for TIME 100 list

April 14, 2014 in Culture & Art
TIME Magazine names Turkish President Gul and Prime Minister Erdogan among people for its ‘100 Most Influential People’ List for 2014 TIME Magazine nominated…

Van breakfast prepares for Guinness record

April 14, 2014 in Media
Van’s officials and locals are working to break a breakfast record and enter the Guinness book with their unique Van breakfast. The goal is to bring 30,000…

Works for ‘sister of Marmaray’ to start

April 14, 2014 in Innovation
The assembly of the 14-meter high giant rotary excavator for the Eurasia Tube Tunnel Project, dubbed “the sister of Marmaray Project” has been completed. “It…

'Turkey's current account deficit to narrow'

April 14, 2014 in Finance
Increasing exports will support economic growth, while a decline in private domestic demand will facilitate a further shrinkage in the current account deficit,…

Turkey to launch solar tender worth EUR 1.2 billion

Turkey to launch solar tender worth EUR 1.2 billion As a growing energy market with no shortage of sunlight throughout the year, Turkey will put a section of its solar potential to tender next month, beginning with Elazig and Erzurum provinces in Eastern Anatolia.

The countdown for the tender, which will reward the highest paying investors with solar power generation licenses, is expected to result in EUR 1.2 worth of investments. Going over... Add a comment

Read more...

Turkey to attract more Gulf banks – S&P analyst

Turkey to attract more Gulf banks – S&P analyst Turkey’s efficient and highly profitable banking industry is set to continue to attract foreign investors, especially from the Gulf countries, according to Standard and Poor’s (S&P) Turkey Senior Banking Analyst, Goksenin Karagoz.

“Observing the high profits and growth potential, foreign investors see many lucrative investment opportunities in the Turkish banking industry. Despite the... Add a comment

Read more...

Westbound gas pipeline project re-opens purchases

Westbound gas pipeline project re-opens purchasesTAP aims at enhancing the security of natural gas supply as well as diversification of gas supplies for the European markets.

The Trans Adriatic Pipeline (TAP), a westbound natural gas pipeline project which is expected to reduce Europe's dependence on Russian resources, has moved to re-launch its procurement process.

The TAP announced the re-launching of purchases on its website Tuesday... Add a comment

Read more...

Two million more passengers for Turkish Airlines

Two million more passengers for Turkish AirlinesThe number of passengers increased to 12 million in the first quarter of 2014 compared to 10 million last year.

Two million more passengers flew with Turkish Airlines in the first quarter of 2014 compared to January-March last year, according to a company statement.

The total passengers from January to March this year is 12 million representing a rise of 20 percent, from last year's ten... Add a comment

Read more...

Turkey’s real estate projects to meet with investors from Gulf region

Turkey’s real estate projects to meet with investors from Gulf regionKuwait Finance House and its Turkey affiliates; İSKAN Gayrimenkul A.Ş., Kuveyt Turk Participation Bank Inc. and TURKAPITAL Holding will be hosting “Turkish Real Estate Forum” in Kuwait to bring Turkish real estate sector representatives together with investors from Gulf region.

The forum will be held between 28-29 April at Kuwait Sheraton Hotel.

“Turkish Real Estate Forum” will be... Add a comment

Read more...

Turkey’s first ecological town to build in Gaziantep

Turkey’s first ecological town to build in GaziantepAfter the Turkey’s first ‘passive house’, Gaziantep Metropolitan Municipality has started to work to build Turkey’s first ‘ecological town’. Within the project, houses, school, hospital and public buildings will be built. 

For heating system in Turkey’s first ‘ecological town’, pistachio shell will be used. 

Gaziantep Metropolitan Municipality, head of energy Ayşegül... Add a comment

Read more...

Turkish economy delegation to visit Jordan late April

Turkish economy delegation to visit Jordan late AprilA high profile Turkish economic delegation led by Turkish Economy Minister Nihat Zeybekci will visit Jordan at the end of this month, a Jordanian official has said.

A high-profile Turkish economic delegation led by Turkish Economy Minister Nihat Zeybekci will visit Jordan at the end of this month, a Jordanian official has said.

"The delegation will discuss final details of a [proposed]... Add a comment

Read more...

Turkish first quarter budget deficit $630 million

Turkish first quarter budget deficit $630 millionTurkey ran a budget deficit of 1.5 billion Turkish liras ($630 million) for the first three months of this year.

Turkey ran a budget deficit of 1.5 billion Turkish liras (approximately $630 million) in the first quarter of 2014, according to reports from Turkey's Finance Ministry on Tuesday. This number constitutes 4.6 percent of the estimated budget deficit of this year, which is currently... Add a comment

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Turkey's HAVELSAN to assist Malaysia on defense industry

Turkey's HAVELSAN to assist Malaysia on defense industryTurkey's leading defense software company to help Malaysian army improve its defense technology.

Turkish defense industry manufacturer HAVELSAN and Malaysian telecommunications company Impressive Communications signed an agreement on Tuesday to help Malaysian army improve its defense capabilities, particularly in the field of electronic warfare.

The two companies expect to develop a... Add a comment

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Aksaray Museum home to Cappadocia history

Aksaray Museum home to Cappadocia historySignificant archaeological and ethnographic works that shed light on the history of Cappadocia region, mummies and the world’s first known skull to have been operated on are housed at the Aksaray Museum. The museum was recently reopened after preparation work ongoing since 2012.

The museum covered an area of 12,000 square meters, 2,000 square meters of which is closed. “Constructed on an... Add a comment

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