Tuesday, September 13 2011 , Your time is 15:58:00
The number of foreign tourists visiting Istanbul rose by 10.8 percent in the first eight months of this year, when compared to the same period last year, hitting 6.95 million, Culture and Tourism Ministry data has shown.
Garanti Bank, one of Turkey’s biggest private lenders, announced on Sept. 19 that its board chairman Ferit Şahenk had resigned.
The Kurdistan Regional Government’s economic clout, driven by oil revenue, could be at risk due to row with Turkey over an independence vote, an energy expert says
State-run Qatargas, the world’s largest producer of liquefied natural gas (LNG), said on Sept. 20 that it had signed a medium-term sales and purchase agreement with Turkey’s Botaş to deliver 1.5 million tons of LNG each year for three years.
German heavy industry giant ThyssenKrupp and Indian group Tata agreed Wednesday to merge their steel operations in Europe, taking second place in the continent’s market behind ArcelorMittal.
An Australian court dealt on Sept. 20 a blow to a planned Aus$8.6 billion ($6.9 billion) merger of gambling giants Tabcorp and Tatts, ordering a review of the deal following competition concerns.
The number of newly established companies in Turkey soared by 47.46 percent year-on-year to reach 6,593 in August, the Turkish Union of Chambers and Commodity Exchanges (TOBB) said in a report released on Sept. 18.
The Russian authorities have carried out a search at the St. Petersburg headquarters of Renaissance Construction, a large-scale Turkish contractor, seizing computers and other accounting documents.
The Turkish currency continued its recovery against the U.S. dollar on Sept. 11, after the country’s official statistics authority announced soaring economic growth.
Britain’s unemployment rate has fallen to a new year 42-year low, official data showed on Sept. 13, but wages growth remains far below overall inflation.
Turkey’s Ağaoğlu Group has said it signed a letter of intent with investors from China and Hong Kong to build a 12 million square meter tourism city in Bodrum