Latest Turkey News
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Turkey to increase $1 bln credit line to Egypt by $250 mln Deputy PM
Turkish Deputy Prime Minister Ali Babacan said on Monday. Turkey was expected to transfer the remaining $1 billion of a $2 billion budget support package agreed last year for Egypt this ...
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Turkey 1 dead 24 hurt as hot air balloon crashes
An official says a hot air balloon has crashed in central Turkey, killing one person and injuring 24 others on board. Hasan Unver, the mayor Nevsehir province told NTV television that the balloon was flying above volcanic cones of the Cappadocia region when it crashed on Monday. He said none of the injured passengers were in serious condition. There was no information on the ...
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Kirkuk-Ceyhan pipeline oil flow resumes - Turkish energy sources
ANKARA, May 19 (Reuters) - Oil flows resumed on a pipeline carrying crude from Iraq's Kirkuk to Turkey's Mediterranean port of Ceyhan on Sunday morning after a bomb attack halted the flow on Friday, Turkish energy sources said. "The repairs have been completed and the oil flow restarted this morning," one source told Reuters. (Reporting by Orhan Coskun; Writing by ...
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Turkey new hotspot for GCC real estate investors
Turkey woos Gulf nationals as property investors Priding itself as the gateway between Asia and Europe, Turkey is successfully attracting Gulf nationals to its real estate sector.Last year, the country changed the law to facilitate property investments by Gulf nationals, allowing them to buy properties by passports only and offering a one-year residency permit to foreign investors and their ...
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Visiting farm promoters talk turkey
/enpproperty--> Steve Olson has been to China seven times since 2004, always with turkey in mind. On each visit, the executive director of the Minnesota Turkey Growers Association aims to get his favorite fowl on restaurant menus and residents' radar. This month, Olson accompanied two officials from his state's Agriculture Department for a weeklong tour of Shanghai and ...
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RPT-Investment grade Turkey hopes and fears more investment
Mon May 20, 2013 2:00am EDT By Sujata Rao LONDON May 17 (Reuters) - The coveted investment grade rating has arrived in Turkey and foreign capital may follow - possibly a lot of it. But here's the multi-million lira question: What kind of cash will it be? What Turkey desperately wants is long-term bricks-and-mortar investment into factories and infrastructure. What it is more likely to get ...
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Turkeys Kazanci appoints Merrill to sell Aksa Enerji stake
ISTANBUL | Mon May 20, 2013 1:37am EDT ISTANBUL May 20 (Reuters) - Turkey's Kazanci Holding has appointed Merrill Lynch to sell a 16.3 percent stake in its power producer Aksa Enerji to international investors, according to a statement on Monday. A roadshow for the sale will run from May 20 to 24, Aksa said in the stock-exchange filing. It added that the sale will be to corporate ...
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Syria blamed for deadly Turkey bombings
Turkey is reeling from twin car bomb attacks which have left at least 43 people dead in a town near the Syrian border, with Ankara blaming pro-Damascus groups and vowing to bring the perpetrators to justice.Rescuers have begun the search for possible survivors buried underneath the rubble of buildings destroyed by the blasts on Saturday in Reyhanli, one of the main Turkish hubs for Syrian ...
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Turkish fighter jet crashes near Syria
A Turkish F-16 fighter jet has crashed in south-eastern Turkey near the Syrian border, and its pilot is believed to have safely ejected, an army statement says.'Radio communication was cut around 2.15pm (2115 AEST) with the F-16 fighter plane on mission in the Amanos mountains,' shortly after the pilot signalled he was about to eject from the aircraft, read the statement.The governor ...
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Turkey blames Syria for car bomb attack
Two explosive-laden cars have blown up in a small Turkish town near the border with Syria, killing at least 40 people and wounding 100 in one of the deadliest recent attacks in the volatile area.The bombings on Saturday in the town of Reyhanli, just a few kilometres from the main border crossing into Syria, come amid increasingly bellicose criticism by Ankara of the regime in Damascus.Interior ...
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Turkish Airlines adding five new destinations
With the world's fourth largest flight network of 223 destinations in 99 countries, Turkish Airlines continues to grow with five new destinations being added this May. Turkish Airlines, ranked the best airline in Europe, is adding operations to Isparta (Turkey), Santiago De Compostela (Spain), Valetta (Malta) and Salzburg (Austria) following the addition of Friedrichshafen to its growing ...
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Turkey car bombings kill 18 near Syria
Two explosive-laden cars have blown up in a small Turkish town near the border with Syria, killing 18 people in one of the deadliest recent attacks in the volatile area.The bombings on Saturday in the town of Reyhanli, just a few kilometres from the main border crossing into Syria, come amid increasingly bellicose criticism by Ankara of the regime in Damascus.Interior Minister Muammer Guler said ...
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Intl Museum Day marked in Turkey
Tourists visit the Hagia Sophia in Istanbul on May 18, 2013. On International Museum Day, several national museums of Turkey were free in a limited time for the tourists and public to visit. Hagia Sophia is one of the most visited museums and most prominent monuments in the world in terms of art and the history of architecture. It was used as a church for 916 years and following the conquest of ...
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Turkish bond yields reach record lows
But there are problems associated with economic growth and Erdogan, who is visiting Washington, is concerned that investor enthusiasm is attracting money into the country too quickly, and is artificially boosting the value of the Turkish ...
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Samoa lifts ban on high-fat turkey tails
Samoa Samoa has been forced to lift a ban on high-fat turkey tails, which was introduced amid concerns about diabetes, obesity and heart disease.The turkey offcuts will be available on Samoan menus for the first time since 2007.As part of a bid to join the World Trade Organisation, Samoa was given one year to remove the ban, which violated WTO rules on targeting individual products.A World ...
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Turkish Super Lig Wrap Galatasaray win Besiktas beaten
Champions Galatasaray ended their season with a 2-0 home win over Trabzonspor to finish 10 points clear of second-placed Fenerbahce.Goals in each half from Albert Riera and Burak Yilmaz on Saturday wrapped up the points for the title winners, while Fenerbahce went down 3-2 away at Karabukspor, who secured their Super Lig survival.Mehmet Topuz opened the scoring for the visitors before a Lomana ...
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President of TRNC EU has to accept existence of Turkish Cypriot state
Eroglu descibed admitting Greek Cypriots into EU as a mistake President of the Turkish Republic of Northern Cyprus (TRNC) Dervis Eroglu received a delegation from Turkey`s EU Ministry in Lefkosa.Speaking while receiving the Turkish delegation, President Eroglu underlined that the EU had to accept the existence of the Turkish Cypriot state, the plane trips to and from the TRNC and how the Turkish ...
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We have entered a critical phase for Turkey said Turkish PM
2014 will be elections year for Turkey, said PM Erdogan ANKARA - Turkish Prime Minister Recep Tayyip Erdogan on Monday said that they had entered a "critical phase for Turkey".Speaking at a meeting of the provincial and municipality leaders of the ruling Justice and Development (AK) Party in Kizilcahamam town of Ankara, Erdogan underlined that they had entered a critical and crucial ...
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Egypts new Justice Minister Suleiman said he would take Turkish judical system as model…
Egypt's new Justice Minister Suleiman said he would take Turkish judical system as model CAIRO - Egypt's newly appointed Minister of Justice Ahmed Suleiman has said, "I will work for our citizens to ease their proceedings at the courts by taking Turkey as a model."Ahead taking his new office, Suleiman spoke to Anadolu Agency and said that before he was appointed as a ...
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Plane crashes at airshow in Turkey pilot killed
ANKARA, Turkey - Turkey's state-run news agency says a jet has crashed during an airshow in southern Turkey, killing its pilot. The Anadolu Agency says there were no other casualties in Sunday's crash in the southern city of Adana. There was no immediate information on the plane's type. The agency says the airshow was part of public holiday festivities marking the 94th ...
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Turkish deputy pm Babacan pushed the button for paying off the debt to IMF
Turkish deputy pm Babacan pushed the button for paying off the debt to IMF ANKARA - Turkish Deputy Prime Minister Ali Babacan pushed the button for paying off the last installment of its debt to International Monetary Fund (IMF) on Tuesday, and Turkey additionally committed IMF to extend USD 5 billion loan.The last instalment of Turkey`s debt to IMF was transferred by Babacan and the ...
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Washington getting ready to host Turkish PM Erdogan
Syria issue will be the main agenda of Turkish Premier Erdogan`s meetings in the US WASHINGTON - Turkish Prime Minister Recep Tayyip Erdogan will pay a two-day formal visit to Washington, beginning on Tuesday. "We are looking forward to Erdogan`s official visit", a White House official told AA on Tuesday.Erdogan, to be accompanied by his spouse Emine Erdogan, Deputy Prime Minister ...
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Reyhanli bombers a group in Turkey says Erdogan
Turkish Prime Minister Erdogan said culprits of "this atrocious attack have been confirmed to be an organization in Turkey linked to Syrian regime" ANKARA - Turkish Prime Minister Recep Tayyip Erdogan said on the bomb attacks in Reyhanli, "The culprits of this atrocious attack have been confirmed to be an organization in Turkey linked to Syrian regime." In his address to AK ...
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First group of PKK terrorists retreating from Turkey within the solution proces…
First group of PKK terrorists, retreating from Turkey within the solution process, has arrived in Iraq DUHOK - First group of PKK terrorists, retreating from Turkey within the solution process, has arrived in Iraq.15 terrorists, including 6 women departed from Beytussebap district of Sirnak, a southeastern province on the Iraqi border, sources said on Tuesday. The group, who has departed a week ...
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Turkey talks for LSE
Istanbul’s Stock Exchange may establish links with the City (Osman Orsal) THE London Stock Exchange is considering buying a stake in Istanbul's fast-growing stock market as part of a deal that could see Turkish trades settled in the City.Borsa Istanbul has been seeking an international partner to overhaul its technology and improve the market's access to foreign investors for ...
Turkey Digest
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Turkey remains bridge between civilisations in railway plans
Turkey is often described as the gateway between two great civilisations, this is a theme employed commonly in our promotional material to encourage tourism and it has been invoked as part of the rhetoric used in ongoing efforts to join the EU, but the fact remains that Turkey is a key player in the world of geopolitics and this is seen most clearly in two major railway projects currently being planned between three regions of the world.
Turkey’s largest city, Istanbul, is famous for being the only metropolitan region in the world that spans two continents, sitting as it does in both between Asia and Europe. This idiosyncrasy of the city has made it a popular tourist destination due to the diversity of culture and architecture, but on a wider scale, the geopolitical significance of Turkey is growing and will indeed grow further if two major infrastructure plans in the Middle East and Asia take shape in the next few decades. Read more
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