| |
|
 EUR1.5bn Turkish cat pool programme unlikely to attach
The Munich Re and Swiss Re-dominated reinsurance programme of the Turkish Catastrophe Insurance Pool (TCIP) is likely to escape a loss after yesterday´s 7.2 magnitude earthquake due to its substantial retention. |
 Turkey is most attractive haven for investors, economy minister says
Turkish economy minister said Thursday that Turkey was the most attractive safe haven for investors, while the world has been struggling with problems. |
 UK brewer exchanges Russian market for stake in Turkish Efes
SABMiller, the UK-based brewer, overtakes 24 percent share in Turkey’s local hero Anadolu Efes. The deal includes a joint-target to grow business in East Europe as SABMiller swaps its Russian and Ukranian businesses to Anadolu in return. The move is to give the combined group some 18 percent of the Russian beer market |
 Egyptian industry minister visits commerce chamber in Istanbul
Egyptian Minister of Foreign Trade and Industry Mahmoud Abd al Rahman Eissa visited Chamber of Commerce in Istanbul on Thursday. |
 Few buildings in eastern Turkey insured against quakes
The magnitude 7.2 earthquake that struck the eastern province of Van, killing more than 1,000 people and destroying dozens of buildings, has shown that the implementation of a compulsory state earthquake insurance program is particularly low in the country’s eastern and southeastern regions. |
 Demand for political risk insurance in MENA region up
One of the important issues to emerge from the second annual meeting of the Aman Union, the association of investment and export credit agencies in the Arab and Islamic world, which was held in Istanbul last week under the aegis of the Turk Eximbank, is the increased demand for political risk insurance especially insuring risks in post-conflict countries and those undergoing economic and political transformation. This is especially from those countries whose exporters are active in the OIC countries. |
 Turkmen leader inaugurates Turkish projects costing $380 mln in Ashgabat
Turkmenistan’s President Gurbanguly Berdimuhammedov on Thursday participated in opening ceremonies for three separate Turkish construction projects at a total cost of $380 million, including a monument, a shopping mall and a sports complex, in the capital city of Ashgabat. |
 Turkish economy minister separately meets Iraqi, Algerian ministers
Turkey´s Economy Minister Zafer Caglayan on Tuesday met separately with Iraqi Minister of Trade Kheer Allah Babakir and Algerian Minister of Trade Commerce Mustapha Benbada in Istanbul. |
 Finance minister: Turkey one of the countries having highest growth speed in the world
Turkish Finance Minister Mehmet Simsek said that Turkey was one of the countries which had the highest growth speed in the world during such a global economic crisis milieu. |
 Mid Europa Partners buys 65 pct stake in Kent hospital
Private equity firm Mid Europa Partners said on Monday it had bought a 65 percent stake in privately-owned Kent Hospital and had signed a deal to increase its stake to 90 percent. |
|
|
|
