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Turkey attracts more than 35 million tourists in first 10 months of 2018

More than 35 million tourists visited Turkey in the first 10 months of 2018, a 22.4 percent increase over the previous year, the Culture...
Business

Pro-government businessman fled Turkey after conviction for murder: report

The owner of Metro Tourism, controversial businessman Galip Öztürk, fled Turkey on the day his conviction for ordering a murder was upheld by the...
Business

Turkish CEOs say they are pessimistic about future due to economic uncertainty

Chief executive officers of leading holdings in Turkey have expressed pessimism about the future of their companies due to uncertainty over the Turkish economy,...
Business

Turkish police raid onion, potato warehouses to fight high inflation

Turkish police raided dozens of warehouses on suspicion of stockpiling produce such as potatoes and onions as part an “all-out war” against high inflation,...
Business

Turkey, US discussed return of jailed Halkbank executive, Turkish FM says

Turkey and the United States have discussed returning a jailed executive from state-owned lender Halkbank to Turkey where he can serve out the remainder...
Business

Dutch leasing giant sees 48 pct decline in net profits in Turkey due to currency crisis

The sharp depreciation of the Turkish lira forced LeasePlan, a full service leasing giant based in Netherlands, to take a €73 million hit, causing...
Business

Turkey to become international energy hub with TurkStream: Putin

Turkey is becoming an important international energy hub as the TurkStream pipeline project becomes a reality, Russian President Vladimir Putin said in İstanbul on...
Business

Dutch bank sees no sharp sell-off in Turkish lira in near future

Dutch Bank ABN Amro has said there will be no sharp sell-off in the Turkish lira in the near future, according to the bank’s...
Business

Turkey allows forex real estate contracts for foreigners

Turkey has allowed foreign citizens resident in the country to make real estate contracts in foreign currencies under a revision of regulations designed to...
Business

Moody’s says Turkey’s economy likely entered recession

Global credit agency Moody’s has said Turkey's economy began decelerating rapidly in the third quarter, in the wake of a currency crisis, causing a...
Business

Central bank: Turkish lira will be valued at 5.64 to the US dollar at yearend

Turkey’s central bank released an expectation poll for the month of November that it conducted on 70 finance experts, executives and professionals in which...
Business

Turkey’s national wealth diminished by $190 billion last year: report

Turkey’s national wealth diminished by $190 billion last year due to a currency crisis, Credit Suisse, a Swiss investment banking company, said its ninth...
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