Galataport, the $1.7 billion new cruise ship port and mixed–use complex under development at the mouth…
Turkey
Business news and investment opportunities in Turkey
STATS
Source: World Bank
Currency: Turkish liraGDP: 771.4 billion USD (2018)
GDP per capita: 9,370.18 USD (2018)
GDP growth rate: 2.8% annual change (2018)
GNI per capita: 27,640 PPP dollars (2018)
Gross national income: 2.275 trillion PPP dollars (2018)
Internet users: 64.68% of the population (2017)
Internet users: 64.68% of the population (2017)
Iraq’s Al Faw port to get link to Turkey
Turkey and Iraq are considering commissioning a rail link that would eventually run from Istanbul to…
Kardashian West wades in on Nagorno-Karabakh conflict
Amid international appeals to end the hostilities and initiate peace talks, Kim Kardashian West, whose late…
Erdogan steps back in Eastern Mediterranean
Tensions between Greece and Turkey over oil and gas exploration in the Eastern Mediterranean eased a…
Turkish Black Sea gas discovery fails to ease East Med tensions
Turkey has discovered a Black Sea gas but tensions with Greece over drilling rights in the…
Tide may be turning for Turkey – but not just yet
Ankara wants to establish the country as an international travel and logistics hub.
Maersk halves train times from China to Europe via Turkey
The journey time for the movement of goods between China and Europe was effectively slashed in…
Gas standoff in East Mediterranean as Turkey confronts Eni drillship
Tensions between Turkey and Cyprus over ownership of offshore hydrocarbon resources in the Mediterranean flared up…
Putin and Erdogan bury hatchet – but no sign of Rosneft boss
Uncertainty surrounded the outcome of yesterday’s late-night talks between Vladimir Putin and his Turkey’s Recep Tayyip…
BTK rail line opens intermodal Silk Road route through Turkey
BTK: A train pulling thirty 20-foot containers of wheat has arrived in the Turkish city of Mersin…
Turkstream passes milestone but Russia calls for EU guarantees
The development of the $6bn Turkish Stream pipeline running from Russia’s gas fields to Europe via…
Gazprom ready to start on Turkstream
Gazprom will be ready to start laying pipes on the offshore section of the Turkstream project in…
New investment fund set to strengthen ties between Russia and Turkey
The flourishing political and economic alliance between Russia and Turkey wracked up a notch this week with…
Turkish Stream #2 gets sign-off
Gazprom and Switzerland’s Allseas are reported to have signed an agreement for the construction of a second,…
Korean consortium on track to win Canakkale Bridge contract
Turkey looks set to celebrate the 101st anniversary of the Canakkale War – better known to…
Putin signs up to Turkish Stream
The new axis that has been developing between Istanbul and Moscow in recent months appeared to…
Erdogan opens Eurasia Tunnel but what next for other mega projects?
With a third bridge across the Bosphorus already completed last summer and this week’s opening of…
Erdogan rubber-stamps Turkish Stream
Turkish President Recip Erdogan has paved the way for construction of the Turkish Stream pipeline to begin after…
Turkey’s renewable energy sector leads the way as green investment in Eastern Europe set to hit $665bn by 2030 – IFC
Renewable Energy: Russia, Turkey, Ukraine and Serbia are on track to attract $665bn in ‘climate-smart’ investment…
Moscow and Ankara bury their differences to set up $1bn Russian Turkish investment fund
Russian Turkish investment fund: With Russian President Putin due to meet with his Turkish counterpart Recep Erodgan…
Miller’s Istanbul visit nudges Turkish Stream pipeline back on track
Turkish Stream: Gazprom chief Alexey Miller flew into Istanbul yesterday for talks with Turkey’s Minister of Energy…
Ankara and Moscow ready to resume Turkish Stream talks, say both sides
Turkish Stream talks: Turkey has confirmed that it is ready to continue negotiations about the Turkish…
Ankara thanks Russia for support over Turkish coup as relations thaw further
Turkish coup: Turkish Foreign Minister Mevlut Cavusoglu today expressed his country’s gratitude to Russia for its…