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Tuesday, September 13 2011 , Your time is 15:58:00
Ankara’s action against Russian wheat, maize and sunflower oil suppliers is hindering restoration of ties between the two countries, Russian Deputy Prime Minister Arkady Dvorkovich told Turkish Deputy Prime Minister Mehmet Şimşek by phone on March 22.
The Turkish government has revealed the details of its special passport offer to exporters, a move to enable businesses to acquire visas quicker and gain visa-free entry to many countries as part of new incentives in the sector.
LONDON - Agence France-Presse
Google, which has seen a slew of companies withdraw ads after they appeared alongside extremist content, said on March 21 it was introducing new tools to give firms greater control.
PARIS - Agence France-Presse
Saudi Arabia on March 22 lost its high-quality credit rating from the Fitch agency, which lowered the kingdom a notch because of worsening public finances as the oil price wobbles.
Rating agencies’ perception about Turkey will likely change “for the good” when the dual-headedness of the existing system is overcome with the implementation of the presidential system, a top economy official said March 20.
In a move to support innovation in Turkey’s financial sector, the EBRD has said it is providing a syndicated loan of 120 million Turkish Liras (36 million-euro equivalent) to Hayat Varlık, the largest non-performing loans (NPL) and asset management company in the country, in a statement.
Turkey has suspended the issuance of licenses for the duty-free import of sunflower oil, wheat and corn from Russia, Grain Union President Arkady Zlochevsky told TASS on March 17.
Russia has accused Turkey of violating WTO regulations on grain after Turkish importers largely ceased purchasing Russian grain even as officials in Ankara declared that no ban had been imposed on the product amid mutual recriminations on trade.
The groundbreaking ceremony for the 1915 Çanakkale Bridge is slated to take place on March 18, the 102nd anniversary of the Çanakkale War.
Sabancı University’s Corporate Governance Forum of Turkey (SU-CGFT) has launched the Turkey campaign of its “30 Percent Club,” which aims to increase the share of females in corporate boards in a bid to maintain gender equality in businesses.
LONDON - Reuters
Turkish home appliances maker Arçelik is working on acquisitions to speed up its international expansion, particularly in Asia, its chief executive said on March 20.
FAMAGUSTA - Agence France-Presse
With its pristine floor tiles and colorful storefronts, Famagusta’s new City Mall symbolizes efforts by the northern part of divided Cyprus to encourage investment despite a decades-long trade embargo.
Türk Telekom has signed a cooperation protocol with Turkey’s national postal service PTT for real estate development, the telecom company said in a written statement on March 17.