• Minister calls for Kuwaiti businesspeople to invest jointly with Turkish counterparts

    Turkish Development Minister Lütfi Elvan has invited Kuwaiti businesspeople to make investments jointly with their Turkish counterparts, during a two-day visit to the Gulf. Noting that Kuwait planned to make some $150 billion worth of investments between 2015 and 2020, mainly in the infrastructure, health and transportation sectors, Elvan said

  • Turkish Airlines dubbed 2016’s leading brand

    Turkish Airlines has been described as Turkey’s most valuable brand for 2016, a leading London-based consultancy has stated, with the flagship carrier’s value rising 11 percent since last year. According to Brand Finance’s list of Top 100 Turkish Brands 2016, which was released on June 15, the airline led for

  • New law package aims to boost trust in Turkey’s investment environment

    Government offers a new package for parliament’s approval to improve investment environment. The package also aims to ease conditions for Syrian refugees to find a job. A comprehensive draft law package to ameliorate the investment conditions in Turkey is launched to address major issues, such as reducing firm establishment costs,

  • Istanbul’s 3rd bridge and access roads to open in late August

    All efforts have been made to complete the Yavuz Sultan Selim Bridge, Istanbul’s third bridge, and its access roads to alleviate the traffic problems, prior to the announced date of Aug. 26 Intensive work is underway to complete the access roads of Istanbul’s Yavuz Sultan Selim Bridge mega project bridging

  • Tesco sells Turkish subsidiary Kipa to Migros

    Tesco PLC plans to officially announce soon that it has sold its Turkish subsidiary Kipa to Migros, according to a Sky News report yesterday. Regarding the sale, an analyst speaking to Sky News said Tesco sold Kipa to Migros for a few hundred thousand pounds. Tesco has not released a