Port Turkey - Leading Business News and Opinions on Turkey

[...] Erdogan’s recent call for an emergency meeting of the monetary policy committee to cut interest rates has been backed by Goldman Sachs' former chairman, Jim O'Neil, the man who coined the term [...]

[...] Turkey's Central Bank keeps key interest rates at existing levels. Turkey's Central Bank decided to leave its interest rates unchanged on [...]

[...] inflation remains high and currency weak. Economists have said they do not expect a change in interest rates from the April 24 Turkish Central Bank's monetary policy committee meeting because of high [...]

[...] As of 2013, Turkey imported 98 percent of its natural gas and 93 percent of its oil. Turkey generates 46 percent of its electricity from natural gas and [...]

[...] ; Ozden said. He added that the solar power technology has the potential to end the usage of natural gas and oil one day. Underlining that Turkey will need up to 90,000 megawatts of installed capacity [...]

[...] "Canada was one of the main suppliers of the US, but the US doesn't need additional oil and natural gas from Canada anymore," he said and pointed to Canada reorienting its direction to far [...]

[...] our back' to great energy potentials, energy minister says. Turkey saved US$600 million in natural gas imports in 2013 thanks to the wind energy facilities, Turkey's Energy Minister Taner Yildiz [...]

[...] Nasdaq OMX Vice Chairman Meyer Frucher praises Turkish economy, saying high gain in Turkish market is very impressive. Meyer "Sandy" Frucher, the [...]

[...] European Union, the largest trading partner for Turkey. The recovery in EU would affect the Turkish economy positively." Simsek added that there are still three global risks. "Financial [...]

[...] and Asia meet." Turkey worked hard for hosting this event, said Bertani. "The Turkish economy is very strong and Turkey is a country that brings cultures and continents together as well [...]

[...] told. In its last World Economic Outlook report on April 8, the IMF estimated that the Turkish economy would grow 2.3 percent in 2014, down from the 3.5 percent it predicted in October last [...]

[...] Increasing confidence index in construction sector, which was decreasing before the local election in 30 March, improves the morale of sector. [...]

[...] General Assembly, Veysel Eroğlu, Minister of Forestry and Water Affairs, said, “Construction sector is one of the leading sectors of Turkey, and it has a big contribution on the development.& [...]

[...] by Poster&Partners.  The Judges said that ‘the project is incentive the construction sector for R&D works, its local properties, and it is a project that truly raised the bar for [...]

[...] February to April, as the funding and loaning environment became tougher after a drop in the Turkish Lira, as well as political stability concerns discouraged particularly Turkish investors, who are [...]

[...] decisions to up interest rates. “I think the Central Bank did a pretty good job...The Turkish Lira actually did respond to the hike in interest rates. It was a smart thing to do." However, [...]

[...] of the estimated budget deficit of this year, which is currently estimated at 33.3 billion Turkish lira. Turkey's budgetary expenses increased by 15 percent, excluding payments on interest, to 85.1 [...]

[...] Borsa Istanbul forum in New York will seek to consolidate Istanbul's status as regional financial hub. [...]

[...] generated 11.5 percent profit for its investors in March Turkey's sole stock exchange 'Borsa Istanbul' became the best performing stock market across the world during March 2014, garnering a [...]

[...] in Turkey will grow and the region's economy will expand with diversification.” The Borsa Istanbul - the country's only stock exchange - and the Nasdaq OMX Group signed a strategic partnership [...]

[...] patterns and risks in the European area, and also notes that most of the region has seen economic growth and partly recovered from the 2008 financial crisis.  Leaving aside Russia and Turkey, [...]

[...] Increasing exports will support economic growth, while a decline in private domestic demand will facilitate a further shrinkage in the [...]

[...] capacity to achieve environmentally sustainable energy solutions for poverty reduction and economic growth. Raiser said a well integrated electric energy helps create a dynamic energy sector all over [...]

[...] real estate in Turkey, as one of the rewarding investments, since Turkey witnesses profound economic growth. He went on to say that KFH-Turkey has become a safe haven for investors, since it enjoys [...]

[...] A.Ş., Kuveyt Turk Participation Bank Inc. and TURKAPITAL Holding will be hosting “Turkish Real Estate Forum” in Kuwait to bring Turkish real estate sector representatives together with [...]

[...] portfolios’ 12 percent just to the investors from Gulf countries. Speaking at Turkish Real Estate Forum in Kuwait that was held by Kuwait Finance House and its affiliates in Turkey Aşçı [...]

[...] KFH, Turkapital and its Turkey affiliate; İSKAN Gayrimenkul A.Ş. is hosting “Turkish Real Estate Forum” in Kuwait to bring Turkish real estate sector representatives together with [...]

[...] partner in the economic development of Turkey. He added on the sideline of opening the Turkish Real Estate Forum, that KFH-Turkey has been a significant player in the Turkish market for over 25 years, [...]

[...] meetings with Qatar's economy minister. "Qatar will host the 2022 World Cup and Turkish companies have nearly 117 construction projects worth $13.5 billion in Qatar. The visit aims to have [...]

[...] , equipment and electrical components, and our research shows that there are currently 460 Turkish companies capable of supplying goods for the nuclear projects,” Taner Yildiz said in an [...]

[...] below the U.S. market industry's cost for Mexican companies and roughly 2.64 percent for Turkish companies. However, U.S. customs have the right to charge taxes to the Turkish and Mexican importers [...]

[...] .”  Necip Nasır, President of Contractors Federation (MÜFED), also cited that Turkish companies’ projects have $55-billion volume around the world, and 36-billion of this volume [...]