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Turkey appoints trustees to another 17 companies over alleged Gülen ties

Trustees were appointed to 17 companies on Thursday due to their alleged ties to the Gulen movement, which the government accuses of masterminding a...
Business

Turkey seizes 18 Akın İpek companies valued at $10 billion

An Ankara court on Thursday ordered the seizure of all assets of Akın İpek, including 18 companies valued at over $10 billion, İpek wrote...
Business

Arrest warrants issued for 113 businessmen, TUSKON head

The Istanbul Prosecutor’s Office issued arrest warrants for 114 businessmen including Rıza Meral, chairman of the Turkish Confederation of Businessmen and Industrialists (TUSKON), as part of...
Business

Assets of 41 business figures seized over Gülen links

A Turkish court on Wednesday ordered the seizure of all assets of 41 businessmen suspected of allegedly financing the Gülen movement, which the Turkish...
Business

Turkey seizes assets of Boydak business group over Gülen links

The Savings Deposit Insurance Fund (TMSF) has seized all property and assets of Boydak Holding, a leading business group in the central province of...
Business

Turkey seizes all assets of Fethullah Gülen, 64 others

An Ankara court on Friday ordered the seizure of all assets of US-based Turkish Islamic scholar Fethullah Gülen and 64 others as part of...
Business

German prosecutor investigates anti-Gülen boycott in Germany

The Stuttgart prosecutor’s office has launched an investigation into persons who called for a boycott against Fethullah Gülen-linked companies operating in Germany, saying that...
Business

Minister: Turkey confiscated 12 bln worth of Gülenist property

Some TL 12 billion (about $4 billion) in property has been transferred to the Treasury as part of an investigation into the Gülen movement,...
Business

Moscow removes ban on charter flights to Turkey

Following a meeting and phone call between Russian President Vladimir Putin and Turkish President Recep Tayyip Erdoğan, Moscow has lifted restrictions on charter flights...
Business

Fitch revises downward outlook of 15 Turkish lenders on criteria change

Global rating agency Fitch has downgraded the outlook of 15 Turkish banks following a change in its sovereign rating criteria. In a statement on Aug....
Business

40 businessmen in İstanbul arrested over Gülen link

Forty businessmen, including the CEOs of two of Turkey’s biggest holdings, Fikret İnan of Fi Yapı Holding and Fatih Aktaş of Akfa Holding, were...
Business

Third Bosporus bridge to open on Friday

A third bridge that will connect the Asian and European sides of Istanbul will be opened on Friday. The $3 billion Yavuz Sultan Selim Bridge was...
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