Tuesday, September 13 2011 , Your time is 15:58:00
Industrial and Commercial Bank of China Limited (ICBC) has announced that its acquisition of a 75.5 percent of stake in Tekstilbank from Turkish GSD Holding, resulting in the first business institution operated in Turkey by a Chinese bank
Istanbul has been named the most consistently improved business city over the last five years, according to research conducted by real estate consultancy company Jones Lang LaSalle (JLL)
Ahmet Can - ISTANBUL
A total of 43 tech retail stores have closed down in the last seven months in Turkey, mainly due to restrictions on the use of credit cards to purchase mobile phones, while also increasing revenues as they cut costs, figures have shown
ANKARA - Anadolu Agency
Foreign investment in Turkey fell by more than one-third in March year-on-year, the government has said
ISTANBUL - Reuters
Deputy Prime Minister Ali Babacan has said Turkey, Indonesia and the Islamic Development Bank have accelerated their efforts to establish a “megabank” with the aim of creating a platform to serve as a “central bank” for the world’s Islamic lenders.
The Industrial and Commercial Bank of China Limited (ICBC), the world’s largest bank, has completed a takeover of some 75.5 percent of the stakes in Turkey’s Tekstilbank.
ANKARA - Reuters
Turkish logistics firm Netlog is looking to sell a stake to an investor to help to expand its business, which already has distribution warehouses in Europe, the Middle East and North Africa after a string of acquisitions
The Finance and Advice for Women in Business Program, funded by the European Union (EU), the European Bank for Reconstruction and Development (EBRD) and Turkey, was introduced to local women-led businesses in the southeastern province of Gaziantep on May 21
Volgam Gıda, which is owned by Reza Zarrab, who was embroiled in Turkey’s huge graft probe that went public in December 2013, was ranked 13 among 1,000 top exporters of the country in 2014, daily Habertürk has reported
Turkey’s defense exports for the first four months of this year were valued at $461 million, a 1.36 percent increase from the same period last year, according to figures from the Turkish Exporters’ Assembly (TİM)
Some 49 percent of Turkish defense company BMC has been sold to a Qatari company with a Qatari diplomat on the company’s board, as reported by Turkish daily Cumhuriyet
DENVER - The Associated Press
They're ubiquitous in Asia, swarming the bustling streets of Bangkok, New Delhi and Beijing.
RIYADH - Agence France-Presse
French businesses want to boost their presence in Saudi Arabia’s growing electricity, telecommunications and poultry sectors, embassy officials said on May 19 during the visit of a trade delegation
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