Turkish banks can fund more energy projects$1 billion credit deal between Turkish Petroleum Corporation and two Turkish banks may create a 'domino effect'

The $1 billion loan agreement between Turkish Petroleum Corporation (TPAO) and Turkey's state owned Vakifbank and Turkiye Is Bankasi signed last week to finance the corporation's purchase ten percent extra share in the Shah Deniz gas field may create a "domino effect" attracting... Add a comment

Real Estate

July home sales drop in TurkeyForeign investors, however, are eager to buy properties in Turkey thanks to competitive house prices with economical lifestyle costs compared to their countries

Property sales in Turkey fell by 20.2 percent on an annual basis during the month of July, mainly due to summer holidays along with the holy month of Ramadan and the presidential election.

According to House Sale Statistics released... Add a comment


Nearly one million tourists flock to EphesusThe former Greek and Roman ancient city of Ephesus, near present day Selcuk town of Izmir in western Turkey is a major tourist attraction included in UNESCO's temporary list of World Heritage sites.

The ancient city of Ephesus in western Turkey was visited by around three quarters of a million tourists in the first six months of 2014, bringing in a revenue of over 4 million Turkish liras... Add a comment


‘Transfer Best’ offers affordable luxury chauffeur transportation services for everyoneEngin Beyazgül, General Manager of luxury chauffeur transportation services company Transfer Best that has developed very rapidly, even though it is a newly established company, said that they are going to increase the number of vehicles in their fleets by 300 percent.

Transfer Best, established in Istanbul, that offers VIP transfer, chauffeur-driven car rental, day city tour, airport... Add a comment


Stevia may be a new income source for Turkey’s north Turkey’s ÇAYKUR (General Directorate of Tea Enterprises) harvested stevia for the first time as part of zero-calorie sugar production project. 

İmdat Sütlüoğlu, General Manaher of ÇAYKUR, gave information about stevia that has been produced for trial basis at the garden of Tea and Horticultural Research Institute. 

After harvesting the stevia, Sütlüoğlu said that Stevia is... Add a comment


Turkish Airlines launches flights to BordeauxTurkish Airlines commences direct flights from Istanbul to Bordeaux.

Turkish Airlines, Turkey's national flag carrier, launched its sixth destination in France by inaugurating flights to Bordeaux on Friday. 

To honour the first flight to Bordeaux, a ceremony was held at Bordeaux International Airport.  

Turkish Airlines (THY) will provide flights to Bordeaux four days a week on Mondays... Add a comment


Turkish dramas play key role in 'soft power' says ministerIstanbul Television Forum hears how Turkish TV exports provide 'a voice in the world'.

Turkey's exports of home-grown television dramas plays a key role in wielding soft power in across the region, a Turkish culture minister has claimed.

By creating a lasting influence on Turkey's image in the region, wildly popular dramas are among the country's most well-known economic and cultural... Add a comment

Health Care

WHO: tax increases in tobacco can save 11 million lives 

World Health Organization estimates a serious increase in taxes can save 11 milllion lives in three years.

The World Health Organization urged governments to increase taxes on tobacco products, claiming that a 50 percent increase would save 11 million lives within 3 years.

Prior to "World No Tobacco Day" on the 31 May, the health organization stressed that, in addition to lost lives... Add a comment

Telecom & IT

Apple buys Beats Music & Electronics for $3 BillionApple is striking a new chord with a $3 billion acquisition of Beats Electronics, a headphone and music streaming specialist that also brings the swagger of rapper Dr. Dre and recording impresario Jimmy Iovine.

Wednesday’s announcement comes nearly three weeks after deal negotiations were leaked to the media. It’s by far the most expensive acquisition in Apple’s 38-year history, a... Add a comment


4000 Turkish students apply for nuclear engineering course4000 Turkish students applied for nuclear engineering courses in Russia.

More than 4000 Turkish students applied for 100 places on nuclear engineering courses in Russia, a manager at Turkey's Akkuyu Nuclear Power Plant said.

After graduation the students will have a chance to work at Turkey's first power plant at Akkuyu, which a Russian company is helping to build. Turkey has already sent... Add a comment
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