Turkey to strengthen energy ties with VenezuelaVenezuela and Turkey are expected to sign reciprical trade deals -  with Venezuela supplying Turkey with oil and Turkey signing up to various infrastructure and construction projects in the oil-rich south American country, said Turkish Energy Minister Taner Yildiz, after a joint meeting with Venezuelan Transport Minister Haiman El Troudi.

El Troudi said that Venezeula's needs two million... Add a comment

Real Estate

Turkish construction companies hopeful for autumn and winter monthsLeading construction companies, which carry out projects in Ankara (capital of Turkey), are hopeful for next period. Companies’ executives said that branded projects in ‘right location’ will yield big profits in autumn and winter. 

According to the Turkish Statistical Institute’s data, 85 thousand 101 houses were sold in July with a 20.2 percent decrease compared to the same month... Add a comment


Turkey guest of honor at Beijing Book FairThe 21st Beijing International Book Fair opened today at an event attended by Turkish Culture and Tourism Deputy Minister Abdurrahman Arıcı. Turkey is the guest of honor this year at the fair. Arıcı said Turkey will be represented in three different pavilions, covering an area of 932 square meters. 

He said nearly 3,000 books from Turkey will be presented at the fair, which includes a... Add a comment


Ancient Lycian road now has detailed mapWithin the scope of the “Ancient Lycian Roads Map and Trekking Guide Project,” a detailed map of the Ancient Lycian Road has been drawn by the Antalya Governor’s Office and Culture and Tourism Directorate. 

The road starts from the popular tourist town of Fethiye in the western province of Muğla and ends in the southern province of Antalya’s Hisarçandır village. 

The road was... Add a comment


Hyundai to manufacture the revamped i20 in Turkey The new version of Hyundai’s high-on-demand supermini, the 2014 i20, will soon roll out of the company’s plant in Turkey. To be showcased at Paris Motor Show in October, South Korean company’s new and significantly larger B-segment vehicle will only be built in Turkey, alongside its smaller sibling, the i10.

A hot seller in Europe, the i20 model entered production in the Hyundai Assan... Add a comment


Internet auction to boost Turkey's livestock tradeA real time internet livestock auction in the eastern Turkish province of Erzurum will increase opportunities for trade in livestock, and animal products such as meat, milk, wool and leather.

"We wanted to find a way to make it easier for people to buy and sell cattle and their products such as milk, meat, wool and leather across the country. The livestock sector has important economic... Add a comment


Lufthansa ‘excited’ for 3rd Istanbul airportLufthansa Airlines are excited by the possibility using Istanbul’s third airport once constructed, a regional Lufthansa director in charge of Turkish business affairs has said.

The Turkey, Iran and Iraq Director Stefan Löcherbach said that the German airliner expects the new Istanbul new airport to become a flight hub in the region by providing the necessary service to meet the growing... Add a comment

Telecom & IT

Yıldız firm to finance Çukurova's Turkcell shares on 'strong assurance'Yıldız Holding firm Gözde Girişim will help Çukurova Holding to retake its stakes for $1.6 billion on strong assurance, Yıldız Chairman Murat Ülker has said, ruling out partnership.

Yıldız Holding Chairman Murat Ülker said his holding’s subsidiary Gözde Girişim will not lend the Çukurova Holding – a company gripped by financial constraints – its Turkcell shares unless it... Add a comment

Health Care

Turkish pharma market 'to reach $23bn next year'Major Eurasian pharma conference in Istanbul hears of growing drug market in Turkey.

International CPhI Istanbul 2014 – the biggest pharma event in Eurasia – opened on Wednesday in Istanbul for the first time, bringing together local Turkish and regional drug manufacturers with global suppliers.

The three-day event – which was organized by London-based company UBM – aims to link up... Add a comment


Turkish university and IBM to build ‘smarter Istanbul’Turkey’s Kadir Has University has joined hands with IBM to open an urban engineering laboratory in a bid to turn Istanbul into a smarter city.

"We are proud to open such a lab for the first time with our engineering department. This lab will help us to raise experts, specialists, and administrators to solve this city's problems," Professor Sirin Tekinay said during the press conference... Add a comment
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