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Museum, ancient site incomes rising
Museum, ancient site incomes risingThe income earned from museums and ancient sites around İzmir in 2011 increased by 41.64 percent over 2010, according to İzmir Culture and Tourism Directorate data.

S Korea President to visit Turkey for possible nuclear accord
S Korea President to visit Turkey for possible nuclear accordSouth Korean President Lee, set to visit Turkey by the end of this week, will seek a nuclear power plant contract, according to a Turkish official. Korean businesses have repeatedly expressed their interest in Turkey’s nuclear power bid
Turkish firm feels the heat in Iran
Turkish firm feels the heat in IranGübretaş is taking measures in terms of both exports routes and operations to avoid being affected by the sanctions on Iran, says Gübretas’ new CEO
Gov’t to establish credit history system to prevent bad checks
The government plans to establish a credit history system, which will provide the credit rating of a check writer, in order to prevent the passing of bad checks and calm the reactions of businessmen to the recent “bad check” law, which does away with prison time for bad-check writers.
CB intervention likely as TL beats back US dollar
CB intervention likely as TL beats back US dollarA current appreciation of the Turkish lira against an ever-gaining US dollar might propel the Central Bank of Turkey to repeat proactive measures of the past to intervene in the markets, observers argued to Today’s Zaman on Thursday.
President Gül urges increased cooperation in Turkey-Gulf trade
President Gül urges increased cooperation in Turkey-Gulf tradePresident Abdullah Gül on Tuesday called on investors from Turkey and the Gulf countries to cement trade ties with new investments on both sides.
Business leaders in Turkey optimistic about domestic economy
According to the Grant Thornton International Business Report (IBR) for the fourth quarter of 2011, Turkey′s business leaders are more confident regarding the prospects of the domestic economy than most of their European counterparts.
German firm to produce solar electricity in Turkey
One of the world’s leading solar energy firms, Gehrlicher Solar AG of Germany, and Merk Solar Energy from Turkey, which operates under the Akfel Group, announced on Wednesday the establishment of Gehrlicher Merk Solar Energy to produce electricity using Turkey’s vast solar power potential.
Industry-led exports surge 10 pct to $10.5 bln in January
Triggered by ever-increasing industrial activity, Turkish exports marked an encouraging beginning to 2012 with a 10 percent increase in January compared to the first month of a year before, amounting to $10.5 billion, according to the latest export figures.



Euro-Turkish entrepreneurs briefed on investing in Baltics
A group of Turkish entrepreneurs based in Belgium and elsewhere in Europe have come together in Brussels with their counterparts as well as diplomats and trade representatives from the Baltic states to discuss trade and investment opportunities in the region.
Saudi Oger says keeping shares in Türk Telekom
Riyadh-based Saudi Oger, which owns a controlling stake in Turkey′s giant telecommunications company Türk Telekom, denied on Tuesday reports saying Qatar offered to buy shares in its subsidiary Oger Telecom.
Business leaders in Turkey optimistic about domestic economy
According to the Grant Thornton International Business Report (IBR) for the fourth quarter of 2011, Turkey′s business leaders are more confident regarding the prospects of the domestic economy than most of their European counterparts.
Istanbul ranks as top choice of real estate investors across Europe
For the second consecutive year, İstanbul has placed first among top European cities as the top preference of real estate investors in a recent survey jointly released by PricewaterhouseCoopers (PwC) and the Urban Land Institute (ULI).
Turkey takes Iran to arbitration over gas price
Turkey has taken Iran to international arbitration over the price paid for gas imports, Turkish energy officials said on Tuesday, after Tehran rejected Ankara′s complaint that the price was too high.
CB forecasts investment share of emerging countries to rise
Central Bank Governor Erdem Başçı told a press meeting on Tuesday that emerging economies don′t have any problems concerning public financing and the share of investment to these countries is anticipated to rise.
S. Korean president to visit Turkey, nuclear cooperation on agenda
South Korean President Lee Myung-bak will arrive in Turkey this weekend for a visit aimed at discussing ways to expand cooperation in several areas, including Turkish plans to build nuclear power plants, according to a news report.
Turkey, Turkmenistan to use domestic currencies in bilateral trade
Turkish Economy Minister Zafer Çağlayan and Turkmen President Gurbanguli Berdymukhamedov signed an agreement Monday to use domestic currencies as opposed to major trading currencies such as the euro or dollar in bilateral trade, which has seen an exceptional increase between the two countries.
‘Saudis could substitute for Iran in crude to TÜPRAŞ’
The world′s number-one oil producer Saudi Arabia could step in for Iran in the case of a possible decline in oil supply from this country to Turkey′s largest oil refiner, the Turkish Petroleum Refineries Corporation (TÜPRAŞ), the Financial Times (FT) reported on Monday
Tourism revenue grew by one-tenth to $23 billion last year
Turkey earned 10.6 percent more revenue from tourists visiting the country last year compared to a year earlier, its official statistics bureau said on Monday. According to the Turkish Statistics Institute (TurkStat), the country′s tourism revenue was at $23 billion in 2011, up from $20.8 billion two years ago. It also said more than 36 million foreign nationals visited Turkey last year. The same figure was 33 million in 2010. The official data suggest that each foreign visitor spent $637 on ave
TPG, News Corp, Time Warner bid for Turkey′s Çalık media
TPG Capital, News Corp and Time Warner have placed bids for the media assets of Turkey′s Çalık Holding, which also has interests in energy and finance, three sources close to the matter told Reuters on Monday.
Turkish leaders grow more self confident at Davos talks
There are many descriptions used for Turkish political and bureaucratic leaders, and not everybody agrees on each and every one of them; yet, there is one that should grow more popular among observers of Turkish policy-making these days: They are becoming more self confident when they get a chance to talk to their counterparts from around the world, particularly from the United States and the European Union in the current framework of economic difficulties.

New land registry law to facilitate foreign property ownership
IT sector to receive major government incentives
French firms in Turkey disturbed by controversial ‘genocide’ bill
Turks, expatriates to benefit from new health insurance scheme




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