When we look at the past year of 2012 to see which investment tools were most profitable, we can observe following records; The most profitable investments were in the ISE (Istanbul Stock Exchange) in 2012. An investment of US$ 1 million returned as 1,52 million at the end of the year, making a profit of 52 percent. It should also be recorded that another reason for the swift and consistent rise in stock va ...

After recovering from a crisis about a decade ago, Turkish banking sector has gained a quite a healthy structure and has in fact attracted the attention of the big foreign groups Some of said groups have accomplished acquisitions in Turkey to enter this sector. As many giants strive to survive the global crisis, Turkish banks are determined to keep growing in 2013, thanks to their strong financial structure ...

After three Kurdish women were found dead on Thursday morning at Kurdish Information Center in Paris many statements have been made by parties concerned. In the meantime it was reported that Kurdish women were shot in the head which seemed to be an execution killing. PM Erdoğan commenting on the issue said that Turkey was expecting French state to find the suspects after slaying of three Kurdish women in Pa ...

Istanbul is scheduled to host an important event  in March 2013; Istanbul Jewelry Show. It is reported that giants of global gold industry are going to convene in Istanbul between March 21-24. The show will be attended by individual sellers and representatives from 25 countries such as China, India, Hong Kong, Italy and Thailand and is expected to draw much attention. Istanbul Jewelry Show is considered to ...

Turkish Ciner Group Corporation and Chinese Tianchen have signed a contract for the construction of a $ 3 billion facility at Kazan, Ankara. Signing ceremony between Ciner Group company Kazan Soda Electric and China Soda Ash Cogeneration Plants Tianchen Engineering Corporation took place at Cıragan Palace and was attended by Energy and Natural Resources Minister TANER YILDIZ. Minister YILDIZ made following ...

A very interesting development has been reported in regards to the practices of the current government in Turkey. It has been on the agenda for a while that the Turkish government has been receiving criticism from some western sources that the rule of law and protect political freedoms in Turkey does not comply with the standards accepted in the western world. To be in parallel to this argument some leading ...

D-Marin a company within Turkish conglomerate DOGUS Group has bought 51 percent shares of marina chain Med Marinas, in Greece. No information about the purchasing price took place in the statement on the subject. The total mooring capacity of D-Marin was increased by 3,355 following said purchase. Thus D-Marin increased its total mooring capacity in Greece, Croatia and Turkey that is the countries in which ...

The government of Ak Party has been holding meetings with Abdullah Ocalan, jailed head of PKK terror organization for a while to stop violence exercised by pro-Kurdish terrorists in the country. Simultaneously, this plan conducted by the government has started to receive much and very strıng criticism from nationalistic front in specific, Nationalist Party to be in the first row. Accordingly, Mr. Devlet BAH ...

Energy Minister Taner YILDIZ said the oil purchasing contract of Tüpraş from Iran was going to end in August this year and said contract would definitely be extended. YILDIZ who answered questions from journalists in Tripoli, Libya which is second stop of his Algeria, Libya and Qatar trip said “Oil purchasing contract of Tüpraş from Iran is coming to an end in August this year. This contract will definitely ...

Izmir which is the largest city in the Turkish Aegean has received full support from Turkish FM Davutoğlu for its EXPO 2020 candidacy. Turkish FM who attended a dinner hosted by Izmir Governor Cahit KIRAC said that they extended full support to the western province of Izmir's candidacy to host EXPO 2020. Davutoglu said Izmir was the economic and cultural center of its region and asked Turkish ambassadors to ...

After having met with President of Libyan General National Congress Mohammed el-Magariaf on Sunday, Turkish Energy Minister made following statement; "We came together with Libyan Oil Minister Abdulhadi al-Arusi, Minister of Electricity and Renewable Energy Ali Muhammad Muhayrik and President of Libyan General National Congress Mohammed el-Magariaf separately. I leave Libya satisfied after all our beneficia ...

Turkey and United Arab Emirates have shaken hands on a project to develop coal fields in southeastern Turkey. The project which is worth USD 12 billion covers the renovation of existing power plants in Afsin-Elbistan coal field, located in Kahramanmaras province, and the construction of new plants utilizing the same source, estimated to hold around 4.4 billion tons of lignite. Parties have agreed to add 7 G ...

Terror problem has been the main headache for Turkey for the last 20 years. Several administrations to include the current Ak Party (AKP) government have failed to bring a solution to the issue which has cost tens of thousands of lives, both soldiers and civil citizens. AKP government tried to start an initiative which it called the Kurdish Opening which was later revised to Democratic Opening and din not m ...

In compliance with the agreement with Nato, Turkey has started to receive the Patriot missiles to help the country defend against any threats to come from neighbouring Syria. Germany, The Netherlands and the United States had agreed earlier to supply the ground-to-air missile batteries, which Turkey requested after repeated cross-border shelling from Syria, including an October attack that killed five civil ...

In parallel to many positive developments in the Turkish industry and business life, the country is now in position to raise hopes for a more successful national informatics sector. In fact it was informed by Turkish Economy Minister Zafer Caglayan that the target of the sector was to to realize an export figüre of US$ 1 billion in the sector by the end of 2013. Caglayan who made some important statements i ...

In 2012, Turkey suffered from many political issues, "Kurdish opening" to be in the first row. This certainly had to do with many armed raids by the pro-Kurdish terror organization and caused deaths of many soldiers and regular citizens. The reason put forward by the pro-Kurdish front was to get democratic rights such as "the rights to use Kurdish as native language at schools and a more powerful and author ...

Turkey and Israel were two friendly countries in the Middle East until the Mavi Marmara raid by Israeli commandos a few years back. Since said incident, Turkey has been demanding an apology from Israel for having killed passengers on board after stopping the vessel carrying humanitarian aid to Gaza. It has often been stated since then that Turkey and Israel have stopped their direct relations in spite of se ...

Turkey has gone through an amazing year in 2012 in terms of abundance of unexpected events and situations that have changed so much in the way people look at many topics… Turkey has experienced so many firsts in its history in the year 2012… On the other hand the government of Turkey has displayed a truly successful performance in economy to deserve appraisals from international bodies and managed to surviv ...

According to OECD Turkey will grow faster than many other countries to include world giants such as the United States, Germany, Japan, France and Britain between 2011-2060. The report says India is expected to grow most during said period with an annual average gross domestic product of 5.1 percent. Based on the same report India will be followed by Indonesia (4.1 pct) and China (4 pct). The report also say ...

After incidents between students and the police at METU (Middle East technical University) in Ankara, PM Erdoğan said “The main opposition CHP and the media are encouraging student violence, PM Erdoğan” As controversy over protests at ODTÜ continue thousand of students marhced at the Middle East Technical University (ODTÜ) yesterday. On the same day ODTÜ rector Ahmet Acar was scheduled to meet with Prime Mi ...

The Court in charge of ODA TV case has ruled to release journalist Yalçın today. The case called Odatv (an online news portal) started after a police raid to Odatv' offices in February 2011 as part of the ongoing Ergenekon investigation. The owner and journalist Soner Yalcin had been in prison for nearly two years. The prosecutor has charged Odatv defendants for several charges  and to be most important of ...

At a meeting of monetary and exchange rate policy for 2013 Governor Başçı, announced plans for the future. Chairman of the Central Bank gave information about their expectations of inflation and growth and he announced their inflation forecast for 2015, officially. In the press conference aimed to explain Monetary and Exchange Rate Policy for 2013, Central Bank Governor Erdem Başçı said the main objective o ...

It is reported that Turkey is trying to obtain the support of USA and Iran to influence Iraq’s Shiite PM Nouri al-Maliki to cease actions that could trigger a sectarian war in Iraq. The Turkish Government is known to be conducting talks with the two countries to share with them the vitality of the situation and reflect the concerns of Sunni politicians in Iraq over likely hostile attitude from over Prime Mi ...