Sectors

Real Estate

House sales increases 3 percent in June, in TurkeyIn June 2014, the number of house sales increased by 3 percent, and total 92 thousand 936 houses were sold in Turkey. 

For the house sales of June 2014, İstanbul has the highest share (20.7 percent) of house sales with 19 thousand 252 sold house. The followers of Istanbul were Ankara with 10 thousand 437 (11.2 percent) house sales and İzmir 5 thousand 410 (5.8 percent) house... Add a comment

Energy

Turkey's nuclear projects to exceed $70 billionTurkey aims to build three nuclear power plants in its bid to diversify its energy sources.

Total cost of Turkey's nuclear power plant projects will exceed $70 billion by 2023, Turkish parliament's energy sub-commission head Halil Mazicioglu said on Tuesday.

"Our goal is to have both Akkuyu and Sinop nuclear power plants to be operational and a third one to be under construction by 2023,"... Add a comment

Automotive

Turkish auto output seen at record level this year – AssociationTurkish automotive production is expected to hit a record this year as a recovery in European demand drives up exports from Europe's fifth-biggest producer, the Automotive Manufacturers Association (OSD) said on Sunday.

The association expects output to rise by 11 percent to 1.25 million units from 1.13 million units in 2013.

"I believe the production will break the record this year on... Add a comment

Tourism

Istanbul third top European destination: MasterCard’s annual indexIstanbul has been named as the third favorite European destination of choice for international travelers after London and Paris, according MasterCard’s Target Cities Index.

With 11.6 million expected visitors for the 2014-end, Istanbul also ranks seventh across the globe, according to the list topped by London for the third time in four years with 18.37 million visitors.

Now in its fourth... 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

Transportation

Turkey's state-run air carrier boosts passenger numbersTurkish Airlines carries 21.3 million people in the first half of the year.

Turkish Airlines passengers increased by 3.2 million in the first half of 2014, the company said Thursday.

 According to a regulatory filing to Turkey's capital markets authority, the country's flag carrier airlines company increased passenger number to 21.3 million in the first half of the year, a 18 percent... Add a comment

Health Care

Recordati breaks ground for new pharmaceutical plant in Turkey Italian pharmaceutical company Recordati has broken ground for its USD 50 million production facility in the Cerkezkoy Organized Industrial Zone in Tekirdag province in northwestern Turkey.

Slated to reach operational capacity by early 2016, the plant will manufacture drugs for various therapeutic uses, in particular, cardiovascular and urogenital diseases, creating 130 new jobs.

Expressing... Add a comment

Education

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

Agriculture

11 year old Turks create healthy sausages from nutsTwo 11-year-old boys replace carcinogenic sausage ingredients with wallnut shell powder in competition project.

Walnuts and their distinctive wrinkly shells have been reported to have many benefits in folk medicine, from curing warts to killing ringworm. But few people, it would seem, have thought of using them to produce organic sausages.

Two 11-year-old Turkish boys, as part of a science... Add a comment

Media

Media conference kicks off in Istanbul4th annual DISCOP Istanbul conference commences with news of the success of Turkish TV series abroad.

DISCOP Istanbul 2014, Eurasia’s television and online content industries gathering, kicked off in Istanbul at the Lutfi Kirdar Convention and Exhibition Center with a conference called ‘Dramas with Passports.’

Speaking at the conference, Izzet Pinto, CEO of Global Agency, a film... Add a comment
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