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Tuesday, September 13 2011 , Your time is 15:58:00
Turkey’s economy has overcome cyclical challenges emanating from regional and in-house political developments, the Turkish economy minister has said, vowing to implement the world’s most assertive incentive policies to push the private sector to produce and export more.
CEO of Turkey’s national carrier Turkish Airlines, Temel Kotil, has taken over as top official of the country’s aerospace powerhouse Tusas Turkish Aerospace Industries (TAI)
More than 3,700 new businesses were established in September, according to a report released by the Turkish Union of Chambers and Commodity Exchanges (TOBB) on Oct. 21.
Turkey earned 905.2 million Turkish Liras ($295.5 million) from tolls, including those on bridges over the Istanbul Strait, in the first nine months of 2016, according to the country’s highway department
Some $637 million of the $1.1 billion external funding needed to develop two large city hospitals in İzmir in Turkey’s west and Kocaeli in the northwest has been secured, President Recep Erdoğan said at a ceremony at the presidential palace in Ankara on Oct. 20.
Tax breaks for regular contributors will be introduced in Turkey next year, Finance Minister Naci Ağbal confirmed on Oct. 20.
Both exporters and finance bodies express worried of the Ankara’s decision to leave summer time unchanged due to the time gap with the West
Turkey’s TV series sector plans to increase its annual export volume to $1 billion in 2023 from around $350 million by adding new regions such as South Asia and East Asia to its export markets
The Turkish Lira hit a record low against the dollar on Oct. 13 over fears that political uncertainty could be triggered by a fresh government move to push through legislation introducing an executive presidential system
New specialized courts will be established to deal with financial and information technology cases, Prime Minister Binali Yıldırım has said, outlining planned reforms “to boost Turkey’s economy.”
The parity between the U.S. dollar and Turkish Lira eased slightly on Oct. 19, as expectations about a fresh rate cut by the Turkish Central Bank decreased
Muna Awwal wants to go to school. But she needs to go to work Muna says she is 10 years old. Nine, corrects her father, Mahmud, as they sit in the family’s second-floor flat in Istanbul’s textile district
Over 900 workers went on strike at a Nestle factory in the northwestern province of Bursa early on June 21 after the company and the labor union, Tek Gıda-İş, could not clinch a collective bargaining deal over disputes in wage raises
Turkey’s unemployment rate rose to 10.2 percent in June with a 0.6 percentage point year-on-year increase, data from the Turkish Statistics Institute (TÜİK) has showed
The United States strongly supports a proposal to transport Israeli gas to Europe via Turkey with the side aim of ensuring peace and stability in the Middle East, John Bass, the U.S. ambassador to Ankara, told Anadolu Agency on Oct. 13
French energy giant EDF Group is “very interested” in the Turkish market and getting involved in hydro energy projects, as well as further developing its activities in renewables, said Simone Rossi
Iran’s national oil company said on Oct. 17 that it has offered 50 oil and gas fields to international bidders, the first time it has done so since last year’s landmark nuclear deal with world powers
France’s tourism sector on Oct. 4 urged French authorities to set up a special police force in Paris to fight crime targeting tourists as safety fears curb the number of visitors to the French capital.
The number of tourists visiting the Mediterranean resort of Antalya by air saw a 47 percent decrease in the first nine months of 2016 compared to last year, plummeting to 4.7 million, as Turkey’s tourist industry continues to struggle with a number of headwinds.
A celebratory band played Oct. 6 as a cruise liner docked in the port of Tunis for the first time since a March 2015 jihadist attack killed 21 tourists in the capital.