Sub Categories:/» Homepage/» ECONOMY/» BUSINESS
Tuesday, September 13 2011 , Your time is 15:58:00
Turkey has launched a year-long image-building campaign to inform foreigners through chief executive officers of international companies in Turkey about the “country’s reality,” inviting them and their friends to visit and see it with their own eyes.
FRANKFURT - Agence France-Presse
German airline group Lufthansa said on March 16 it had met its financial targets in 2016, but offered only modest forecasts for the current year, squeezed between falling prices and higher costs.
ANKARA - Anadolu Agency
Turkey’s current account deficit stood at $2.76 billion in January, up by almost $561 million year-on-year, a Turkish Central Bank report showed on March 13.
TAV Airports has won the operation rights of Yanbu Prince Abdul Mohsin bin Abdulaziz International Airport in Saudi Arabia for a period of 30 years, the company said in a statement on March 16.
Turkey’s leading mobile operator Turkcell has said it clinched a deal to purchase Huawei products in local currencies in a bid to support the country’s recent move to boost trade in local currencies rather than foreign exchanges, Reuters reported on March 13.
Housing loans are growing higher than others and have great potentials for further growth, the head of a top banking association has said.
A consortium formed by Turkey’s TAV Airports Holding and Saudi Arabia’s Al Rajhi Holding Group has entered into exclusive talks for the operating and development of Yanbu International Airport in Saudi Arabia with local authorities, the Turkish firm said in a statement on March 13.
ANKARA – Anadolu Agency
Russia is gradually abandoning economic sanctions on several Turkish goods, but some agricultural products with a total market share of $425 million remain on the black list, according to data gathered by Anadolu Agency.
ANKARA - Reuters
Turkey’s automotive production surged to a record high in the first two months of the year, data from the Automotive Industry Association (OSD) showed, propelled by strong car exports.
TOKYO-BERLIN - Reuters
Germany will press G-20 members to sign off on a set of principles including free trade at this week’s meeting of the group’s financial leaders, in what the Trump administration may perceive as a challenge to its more protectionist stance.
Russian agricultural watchdog Rosselkhoznadzor does not plan to lift phytosanitary restrictions on agricultural products from Turkey in the near future, state news agency TASS reported on March 10.
A leading business council has called for the diplomatic row between Turkey and the Netherlands to be resolved in diplomatic manners, voicing hopes for ties to normalize soon.
HONG KONG - Agence France-Presse
Banking giant HSBC announced the appointment of a new chairman on March 13 as part of a management overhaul which will also see it choose a new CEO, after a massive drop in profits in 2016.