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 Boyner Holding severs ties with Benetton Giyim, its Turkish unit
Boyner Holding has transferred its 50 percent stake in Benetton Giyim to the Benetton Group, according to a company statement issued July 20. |
 Russians To Come For Medical Tourism
Dr. Yahya Öztel, the owner of Turmed, a firm operating in medical tourism in Russia and Ukraine states that Turkey will soon become a very popular destination for medical tourism. |
 Ministry, chamber join forces
The Development Ministry and the Foreign Economic Relations Board of Turkey join forces to tackle interregional development differences by wooing both national and international investors to various regions of Turkey |
 American company to invest $2 bln, help Turkey fight current account deficit
26 July 2012 / TODAY´S ZAMAN, ANKARA An American energy firm will invest $2 billion in Turkey and make an important contribution to the country´s fight against its current account deficit (CAD), Economy Minister Zafer Çağlayan announced on Thursday. |
 Turkey becomes IMF loaner not borrower
Noting that there are 97 billion dollars in the Central Bank’s reserves, Prime Minister Recep Tayyip Erdoğan stated, “We will have 100 billion dollars by the end of the year”. |
 Finansbank sells 51 pct in insurance arm
Turkey’s Finansbank signed a 15-year exclusive distribution partnership agreement with American insurance giant Cigna yesterday for 51 percent of its share in Finans Emeklilik, according to the company press release. |
 Turkey receives $6.5 bln in FDI in five months, more to come
Economy Minister Zafer Çağlayan has said Turkey received $6.5 billion in foreign direct investment (FDI) in the first five months of the year, heralding that the country is poised to get more long-term foreign capital as it has already become a safe haven for investors seeking some sort of relief from the grip of the financial crisis. |
 Turkish businessmen are saving the day buying European firms
Turks are giving the kiss of life to a number of European firms on the brink of bankruptcy. |
 US firm considering solar center in Kilis, says tech minister
The American maker of construction equipment and green energy technology developer Caterpillar is considering an investment in solar power in the southeastern province of Kilis, Science and Technology Minister Nihat Ergün said on Friday. |
 Turkey unlikely to see cash flow on rate cuts in South Korea, Brazil
South Korea drops its key interest rate unexpectedly after Brazil and China. However, this might not necessarily mean that Turkey, a rival market, will attract hot cash |
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