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| Turkish business leaders ready to act on low-carbon economy | Business leaders who came together to brainstorm on how Turkey′s transition to a low-carbon economy can be achieved supported the idea that environmentalism should be everywhere in order to change carbon-intensive production and consumption trends. | | | | | |
| Turkish investors regain confidence, survey finds | The number of investors in Turkey who expect recovery in the economy has reached its highest level in two years, following concerns over a volatile market atmosphere, according to a poll by Deloitte Turkey.
| | | | UAE gov’t backs Dubai; Abu Dhabi help may lag | The United Arab Emirates pledged its support for Dubai on Tuesday but said the emirate had yet to ask for federal help, which analysts said would come reluctantly and with strings attached.
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| China: US assets should not be ‘politicized’ | | An official in charge of China’s foreign reserves tried to ease American concern on Tuesday about the political impact of its huge holdings of US government debt and indicated Beijing has no plans for a big increase in its gold stockpile. | | | EU warns US against protectionism in deal | The EU on Tuesday warned the United States against protectionism after a European-led consortium pulled out of the bidding for an Air Force contract, saying the terms had been altered to favor a US company. | | | Kuveyt Türk enjoys 22 percent increase in profits for 2009 | The trend of increasing profits for Turkish banks is also spreading to participation banks, or banks dealing in Islamic financial products, with Kuveyt Türk posting a 22 percent increase in profits for 2009 to put TL 127 million in the bank.
| | | Borusan posts $220 mln profit in 2009 | | Borusan Holding, one of Turkey’s leading conglomerates, announced a $220 million net profit in 2009, although the company sustained a $900 million decline in turnover in the same year over 2008. | |
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