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Posted on September 21, 2020

Turkey’s Akfel looks to sue state over nationalisation

TMSF took full control of all Akfel Holding Turkey subsidiaries including Akfel Gaz, Enerco Enerji and Avrasya Gaz. The three companies import a combined 5.25 billion cubic metres (bcm) of gas per …

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Posted on September 21, 2020

Construction of production infrastructure for three gas fields started in Turkmenistan

Uzbekistan’s import of steel from Turkey down Turkey 13:45 Russia’s import of electrical goods from Turkey surges Turkey 13:37 …

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Posted on September 21, 2020

FinCEN Files: How Turkey’s Aktif Bank helped Wirecard and the porn industry

Shady transactions for Wirecard, the porn industry and dubious customers from Afghanistan: The FinCEN files cast the Turkish Aktif Bank in a bad light and suggest evidence of money laundering.

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Posted on September 21, 2020

Greece says it’s close to resuming maritime talks with Turkey

Greece is close to resuming talks with Turkey over maritime zones, government spokesman Stelios Petsas said on Monday, after Ankara this month recalled an oil and gas exploration vessel from disputed …

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Posted on September 21, 2020

How coral transplants could rescue Turkey’s threatened reefs

Scientists are carefully moving the sea animals to new locations to save them from construction schemes …

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Posted on September 21, 2020

Greece says talks with Turkey on East Med could restart soon

Greece and Turkey are close to reviving talks on a tense dispute over rights to exploit potential offshore natural gas deposits in the eastern Mediterranean, a Greek …

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Posted on September 21, 2020

Goldman Revises Calls on Depth of Turkey’s Recession, Rate Hikes

Turkey will probably suffer a shallower economic contraction than first anticipated while running a wider current-account deficit this year, according to Goldman Sachs Group Inc., which also predicted …

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Posted on September 20, 2020

Goldman Says Turkey to Raise Upper Bound of Rate Corridor to 12%

Turkey’s central bank will raise the upper bound of its interest-rate corridor when it meets on Thursday while keeping benchmark borrowing costs on hold as its reserves and the lira remain under …

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Posted on September 19, 2020

New company launches shoot up in August in Turkey

Turkey saw a 76.4% annual rise in the number of newly formed companies in August, a top business body said on Friday. A total of 9,352 companies started doing business last month, up from 5,301 in …

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Posted on September 19, 2020

Rape, ethnic cleansing and looting: UN reveals Turkey’s crimes in Syria

The abuses have been directed against women and children, and primarily target minorities such as Yazidis, Kurds and Christians.

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