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Tuesday, September 13 2011 , Your time is 15:58:00
Hotel occupancy rates in Istanbul soared in May, but the city’s hotels remained to be the cheapest across Europe, according to a leading tourism association.
Turkey has so far sent more than 120 cargo planes of supply to Qatar, Economy Minister Nihat Zeybekci has said.
Ebru Baybara Demir, a chef and social entrepreneur from the southeastern province of Mardin, has been selected as one of the 10 finalists of the Basque Culinary World Prize, which is given to chefs who improve society through gastronomy.
Russian billionaire Mikhail Fridman has bought British health food retailer Holland & Barrett for 1.8 billion ($2.3 billion, 2.0 billion euros), his investment fund said on June 26 .
Italy will pay up to 17 billion euros ($19 billion) to break up two insolvent Venetian banks, which have posed a threat to the country’s banking system, the government announced on June 25.
Japan’s crisis-hit car parts maker Takata filed for bankruptcy protection on June 26 and said its chief executive would quit after a deadly airbag crisis that triggered the auto industry’s biggest ever safety recall.
Strawberry producers in the Silifke district of the southern province of Mersin, home to 40 percent of the strawberry production in Turkey, are hoping to increase their exports, which have been decreasing for the last couple of years particularly due to difficulties in the Russian market. The region produces 80,000 tons of strawberry per year, Silifke Strawberry Producers Association head Mehmet Yasar Çalmaşur told state-run Anadolu Agency, noting that Turkey is in fourth place in strawberry pr
German luxury carmaker Audi’s management board, including Chief Executive Rupert Stadler, has been sharply criticized by company managers, Bild am Sonntag reported on June 25, citing an internal dossier
Some companies have been avoiding issuing policies for high risk groups of vehicles after a ceiling price was imposed on compulsory traffic insurance, Deputy Prime Minister Mehmet Şimşek has stated, adding that a “Risky Insurance Pool” will be created to distribute premiums and damages to all companies for a resolution of the problem.
Halk Investment CEO Murat Çetinkaya was elected as the new CEO of Turkey’s main stock exchange Borsa Istanbul, replacing Osman Saraç, during the bourse’s 4th Ordinary General Board Meeting on June 8.
The Turkish government has collected almost 23 billion Turkish Liras ($6.5 billion) through its latest debt and tax restructuring plan, Finance Minister Naci Ağbal told state-run Anadolu Agency on June 2.
Turkey’s benchmark index opened the day on June 13 with a new record, rising to a key threshold at 100,000 points, amid a strong inflow into emerging markets
Turkey’s unemployment rate was announced at 12.6 percent in the February period, with a 1.7 percent year-on-year increase, official data showed on May 15.
Turkey has the largest proportion of people working very long hours in the OECD, according to data compiled on May 1, Labor Day.
Prime Minister Binali Yıldırım has said it is a must for the Turkish government to slash unemployment rate, which hit nearly 13 percent, to single digits again, underlining the country’s strengths and weaknesses on the road to achieving this goal.
Total will go ahead with development of a giant Iranian gas field this summer, its CEO told Reuters, in the first major western energy investment in the country since Tehran signed an international nuclear deal.
Russia’s Rosatom plans to sell a 49 percent stake in the Akkuyu nuclear power plant project to Turkish conglomerate Cengiz-Kolin-Kalyon and will sign a preliminary deal on June 19, the head of Rusatom Energy International said
Russia’s state-owned nuclear energy conglomerate Rosatom agreed to sell a 49 percent stake in a giant nuclear project in southern Turkey to Turkish investors
A deal between Turkey and Ukraine allowing their citizens to travel to each other’s country without passports entered into force early June 1, said Andrii Sybiha, Kyiv’s ambassador in Ankara.
Hotel occupancy rates across Turkey rose sharply in April thanks to the Easter holiday and a significant revival in the Middle Eastern market, with Istanbul seeing a 30 percent year-on-year increase
A number of district mayors from opposition parties in the Mediterranean Turkish province of Antalya have said they were not allowed to go abroad to attend a key recent tourism event in Moscow due to the ongoing state of emergency.