Sectors

Real Estate

Class A offices’ total size reaches 3.6 mln square meter in IstanbulAvi Alkaş, Chairman of Jones Lang LaSalle (JLL) Turkey that is the consulting company for commercial properties, said that Class A office stock in Istanbul has reached to 3.6 million square meter. He added, “This number shows that Istanbul continues to be most developed and active office market in Turkey,” 

JLL Turkey office released “Commercial Real Estate Market Outlook, Turkey”... Add a comment

Energy

Turkey continues to support new hydroelectric plantsHundreds of hydropower plants being built in push to make Turkey a world economic power.

Turkey will continue to support the construction of hydroelectric power plants also taking into account environmental issues, according to the Turkish minister of environment and forestry. 

The minister, Veysel Eroglu, and Akif Ozkaldi, the director general of state hydraulic works, spoke on Tuesday... Add a comment

Automotive

Turkey’s automotive exports increases by 12%Turkey’s automotive exports increased by 12 percent and reached to $9.8 billion in the first 5 months of this year, according to data released by the Turkish Exporters' Assembly.

In the January-May period of this year, automotive industry’s total exports increased by 12 percent to $9.8 billion compared to the previous year. The main industrial exports’ amount was $5.6 billion, it... Add a comment

Tourism

Gul stresses silk road tourism in Turkic council summitTurkish President Gul addresses Turkic World Summit, saying tourism is important to those countries along the Silk Road in terms of economy and humanitarian dimension.

Turkish President Abdullah Gul said tourism is important to those countries along the Silk Road in terms of economy and the humanitarian dimension, in his address to the fourth Turkic Council Summit, held in Turkey's... Add a comment

Health Care

Turkish eye hospital teams up with Gulf investors Partnered by Gulf investors, the Turkish eye hospital chain, Avrupagöz, is set for strong growth with plans to open new clinics in Turkey and abroad. A 50 percent stake of the hospital chain, which currently has 14 branches throughout Turkey, has been acquired by Saudi-based Nesma Holding and Reaya Holding for TRY 52 million (approx. USD 23.6 million).

“Having acquired new partners... Add a comment

Education

Turkish Deputy PM opens renovated school in BosniaKaragoz-bey's school among many projects of the Turkish Cooperation and Coordination Agency in Bosnia.

Turkish Deputy Prime Minister Emrullah Isler on Friday opened the Karagoz-bey's school in Mostar, Bosnia-Herzegovina, which was renovated by the Turkish Cooperation and Coordination Agency. 

A ceremony to mark the opening was attended by the agency's director Serdar Cam, the grand mufti... Add a comment

Transportation

Age-old dream comes true in TurkeyThe 13.5 kilometers long Marmaray line which connects to the Istanbul-Ankara high speed train is expected to ease Istanbul's traffic jams. 

Transport, Maritime Affairs and Communications Minister Mr. Yıldırım has said that,Everything is fine.  The inauguration of the Marmaray rail transport project in Turkey's İstanbul will open on October 29. The final preparations for the opening of... Add a comment

Agriculture

Wheat has shattered a historic recordWheat has obtained repulican record by 22 tons. While wheat fell under 7 tons since 1954 by 6 million 969 thousand hectares of wheat cultivation area, rise of productivity in parallel with increase in the use of certified seed has prevented to rising of harvest. Soil Products Office has made purchase 1 million 934 thousan 918 tons. So producers have obtained 1.4 billion TL for this... Add a comment

Telecom & IT

Turkey is a giant market for mobile with 68 million cell phone subscribersAs of the end of March, the number of cell phone subscribers in Turkey reached a whopping 67.9 million, while the number of 3G service subscribers also soared to 43.9 million. Turkey's Information and Communication Technologies Authority (BTK) have released the first quarter figures in an Electronic Communications Sector Market Report. Accordingly, Türk Telekom and mobile operators raked in... Add a comment

Media

CFO Insight picked the CFO of the year from TurkeyAt 5th CFO Summit, in Vienna, Turkish Airlines Deputy Manager, Coskun Kilic gets the award of CFO of the year, by CFO Insight magazine, given since 2008, named as "CFO of the year in rising economies". The future of the finance in rising Europe was handled at 5th CFO Summit in Vienna by CFO Insight. It was also discussed at the summit how the changing role of CFO's will affect the... Add a comment
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