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 Minister praises Islamic model of banking as crisis repellent
The global financial model fashioned on Islamic banking would ease the woes of the recent economic crisis, according to Turkish finance minister. The Islamic model is ‘more sound and reliable, says Minister Şimşek |
 Turkish, Romanian businesspeople set to gather in Istanbul meeting
Turkish and Romanian businesspeople are set to seek business opportunities in a meeting in Istanbul on Tuesday. |
 No need to gloat, Gül tells Turkish businessmen, economists
Turkey needs Europe, which is currently experiencing an economic crisis, for its own economic development and the Turkish business world should avoid making “overly confident” remarks about the state of affairs in the Turkish economy, President Abdullah Gül has said. |
 Industrial production signals resilience
Turkish industrial production in October compared to the same month last year hit 7.3 percent, far exceeding market expectations and providing evidence of the resilience of the Turkish economy despite the global economic crisis, according to analysts |
 Turkey "partner country" in German Fruit Logistica Fair
Turkey will participate in Fruit Logistica Fair in Germany as the "partner country" for the first time. |
 Union head Kumlu stays in post
Turkey’s largest labor organization chairman Mustafa Kumlu was re-elected for a second four-year term yesterday after winning the support of 223 out of 362 delegates who voted. |
 Meeting boosts US renewable energy exposure to Turkish firms
Representatives of a prominent US trade delegation consisting of senior representatives of the US renewable energy sector as well as various US government officials and financial companies enjoyed a final gala dinner on Thursday evening sponsored by the Turkish-American Business Association (TABA). |
 Atasay’s tent draws crowds lining up to buy gold
From the very first day of its opening, thousands of customers have been lining up in order to be able to enter Atasay’s Gold Tent (Atasay Altın Çadır). Customer’s are being let in 30 people at a time, and are allowed to shop for 20 minutes. In just one hour, the store sold 662 pieces of jewelry. |
 Turkey not immune to crisis, TÜSİAD says
Despite its strong economy, Turkey was not immune to economic crises, said Ümit Boyner, chair of the Turkish Industry & Business Association (TÜSİAD). |
 Turkey´s inflation nears double digit
November inflation rate reached a 19-month high with 9.5 percent. Economists warn that the figure signals a yearend rate much higher than government estimates. The index ‘is a cold shower’, says a market analyst |
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