Energy

Looking to diversify its sources of energy to fuel its growing economy, Turkey has nearly doubled its installed power generating capacity in the last decade. The country has added 25,000 MWs of generation capacity to its installed power since 2002, reaching a total of 57,000 MWs at the end of 2012, according to a statement by the Minister of Energy and Natural Resources, Taner... Add a comment

Transportation

Turkish Airlines decided that 95 airplanes are going to be bought from Boeing between 2016 and 2021. Turkish Airlines decided that 20 narrow-bodied airplanes are going to be bought from Boeing in 2016; 20 are going to be bought in 2018; 15 are to be bought in 2019; 30 are to be bought in 2020; and 10 are to be bought in 2021, which equals to 95 in total 25 of which are... Add a comment

Automotive

Automotive industry of Turkey reached 5.1 billion dollars of export target by 1 billion 870 million dollars of foreign sales during the first quarter of the year despite 2% shrinkage in March. According to March report of Uludag Automotive Industry Exporters’ Association, there was a shrinkage in automotive industry export besides product groups of saddle.

The President of the... Add a comment

Agriculture

It was stated that fisheries and animal products export increasing rapidly in the past 3 years in Turkey increased 17% compared to the year before in 2012; and reached 1 billion 664 million dollars. Mediterranean Fisheries Products and Animal Products Exporters Association Chairman of the Board, Ali Can Yamanyilmaz stated that fisheries and animal products export has 1 billion 664 million... Add a comment

Tourism

According to the statistics of the Turkish Ministry of Culture and Tourism, the number of foreign tourists coming to Istanbul during the first two months of the year increased 21.6%. Istanbul, being the center of attraction with its historic fabric and natural beauty, hosted a large number of tourists again in the two months of 2013. Attraction of Istanbul, also known as the capital of love... Add a comment

Real Estate

125 thousand 815 houses in Turkey were passed into other hands as the result of sales during the fourth quarter of the year before. The highest increase is in Izmir by 50.6%. House sales throughout Turkey increased 5.8% and became 125 thousand 815 in 2012 compared to the same quarter of the year before.

Turkish Statistical Institute announced the House Sales Statistics regarding the 4th... Add a comment

Telecom & IT

Turkish Minister of Finance, Mehmet Simsek announced that during the first half of 2013 they are planning to go on tender through license transfer regarding the privatization of National Lottery of Turkey; and they could also decrease public share in Turk Telecom up to 25%.

Simsek suggested that there will not be any changes in management rights on condition that the public share falls... Add a comment

Media

Waheed Samy, the general manager of the Egypt-based Memphis Tours, said that the number of tourists his company sends to Turkey has been growing every day. Samy, who was attending a tourism meeting organized by East Marmara Development Agency at Sakarya, said that Turkey has vast tourism potential. “Turkey is a country that is favored not only by Egypt, but by all Arab countries. Arab... Add a comment

Education

Turkish President Abdullah Gul has signed into law a controversial education bill which extends access to religious schools and has infuriated secularists, NTV television reported Wednesday. The bill was approved by parliament last month after fierce debates between lawmakers from Prime Minister Recep Tayyip Erdogan's moderate Islamist Justice and Development Party (AKP) and opposition... Add a comment