Tags: Turkey

Turkey, EU to launch new round of accession talks next month

The European Union and Turkey would be resuming accession talks on November 5 after a three-year postponement.


Rabobank to open four commercial bank branches in Turkey

Rabobank Groep would open its first commercial banking branch in Turkey with a USD300 million in capital after it got regulatory approval last month.

Turkey plans establishment of industrial zone in Addis Ababa

Turkey said it intended to create an industrial zone in Addis Ababa on land assigned to Turkey by the Ethiopian government.

Al Baraka plans Islamic bond issuance of over USD 200 million

Al Baraka Turk bared its plans to issue more than USD 200 million in Islamic bonds late this year or early next year.


Latest News

The protests in Brazil, Egypt and Turkey should push governments around the world to provide crucial public services and opportunities to their citizens.
An Astaldi SpA-led unit would build 1.3 kilometer bridge in Turkey and would earn US$2.3 billion. (Photo : Reuters)The photo exhibits a bridge in Turkey that connects the two sides of Istanbul.
Investors said that emerging market assets are prone to inflation, making them a very risky place to invest in.
Emerging markets, including China, South Africa and Turkey, fell 10% from this year's peak. (Photo : Reuters)Kit Digital Inc's former chief executive significantly lowered the price he was willing to pay to buy the video technology provider, citing the company's worsening liquidity and capital structure issues.
EFES is affected by law passed by the Turkish government. The largest beermaker in the Middle East is being buffetted in the world's credit markets at the same time Turkish Prime Minister Recep Tayyip Erdogan has been clamping down on sales of alcohol and its attendant advertising.
Danone expands business in Turkey's bottled water market with the purchase of Sirma. The owner of the Evian water brand, Danone, has acquired a 50.
Barclays is seeking to find more deals in Turkey. Barclays Plc, the third highest adviser for US stock offerings in 2013, is looking for more deals in Turkey after it had helped airline Pegasus Hava Tasimaciliigi AS during its IPO last year.
Pegasus Airline, Turkey's low cost air carrier, raises nearly 1.93 billion lira or US$1.07 billion in its IPO.
Denizbank has entered into an agreement to acquire the Turkish consumer businesses of Citibank. Denizbank A. S. of Turkey was recently acquired by Sberbank, a state controlled bank of Russia late last year.
Techno Group, a subsidiary of Gulf Capital, has acquired Dogu Tip. Gulf Capital, the private equity firm based out of Abu Dhabi announced last Wednesday that one of its portfolio companies has purchased a 75% stake in a diagnostic imaging services company.
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