Transportation

Turkish Airlines (THY) stated that they started negotiations within the scope of Turkish Airlines Co. international technical skills development strategy with American Gore Designs Completions Ltd. And its partners regarding partnership of buying alternatives. According to the special occasion statement of Turkish Airlines on Public Disclosure Platform, the company is interested in Gore... Add a comment

Automotive

Toyota Turkey introduced the renovated Verso to public. Verso model that was produced in Sakarya, Arifiye factory of Toyota Turkey was introduced to the press. Toyota Turkey CEO, Orhan Ozer stated that the renovated Verso is proud for Turkey in terms of its being designed by Turks to a huge extent; saying that almost 400 parts have been changed in this model.

Ozer also pointed out to the... Add a comment

Agriculture

Turkish Ministry of Food, Agriculture and Livestock is to pay 1 billion 670 million Liras for support under 9 total items; especially in oil, soil and feed crops to farmers. According to the written statement made from Turkey, within the scope of agricultural support payments in 2013, the Ministry is going to pay 2 million 178 thousand 536 farmers 1 billion 410 million Liras for oil, soil... Add a comment

Tourism

Turkey has gained 23 billion 440 million 436 thousand dollars of tourism income in 2012. Tourism income of Turkey increased 1.8% compared to 2011. 77.9% of tourism income came from visitors and 22.1% came from citizen visitors who reside abroad. 18 billion 799 million 85 thousand dollars of the expenses in the past year was formed by personal spending; and 4 billion 641 million 351 thousand... Add a comment

Telecom & IT

While the ratio of the enterprises bidding in property and services for the systems of electronic purchasing of the public institutions in Turkey reaches 12.5%, the number remained at 1.6% in EU countries, by Turkey getting 8 times beyond it, in 2011.  According to the data from Turkish Statistics Institute, Turkey prolonged the gap with the EU in public institutions’ bidding for... Add a comment

Real Estate

Arabs purchased 38 thousand 27 square meters of real estates, which are 137 in total, following the regulation that has been put in effect in Turkey on May, 3rd, 2012 regarding the property sales. The purchases were made by the United Arab Emirates, Saudi Arabia, Kuwait, Qatar, and Iraq, while the most purchases were made from Kuwait with 7 thousand 771 square meters of real... Add a comment

Health Care

It is stated that though Turkey has an advantage in pharmaceutical industry, it has to compete with China, Russia and India for the sector to increase in size. Association of Research-Based Pharmaceutical Companies (ARPC) calculated that Turkey has a potential of production of 23 billion dollars, 8 billion dollars of which is medicine export. Though it is the 16th biggest... Add a comment

Education

Times Higher Education, a weekly British magazine based in London reporting specifically on news and other issues related to higher education-- released a list of the world's top universities for 2012. Harvard University and Massachusetts Institute of Technology of the United States were ranked the first and second in the list, respectively. METU was at the 96th place in the list.

Middle... Add a comment

Energy

Shale oil, known also as kerogen oil or oil-shale oil production has the potential to reach up to 12% of the global oil production; which equals to 14 million barrels a day. This extra supply might drag global oil prices to 25-40% in 2035. According to a new analysis published by PwC, the global effect of shale oil might create radical changes in the world energy markets during the coming... Add a comment