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International recycling fair opens in Istanbul
The 7th International Recycling, Environmental Technologies & Waste Management Trade Fair (REW Istanbul) has brought together 307 companies from 23 countries at the TUYAP Fair & Congress Center.
World travel council says Turkey will earn 71 bln USD from tourism this year
The World Travel and Tourism Council (WTTC) said on Thursday that Turkey´s tourism revenues would reach 71 billion USD by the end of this year.
Italian diplomat says Turkey was Italy´s fourth biggest trade partner
The Italian consul in Turkey´s Aegean province of Izmir said on Wednesday that Turkey was the fourth biggest trade partner of Italy in 2010.
Magna seeks spot for Turkey investment
Canadian automotive and spare parts manufacturer Magna continues to harbor a love for Turkey. As the company seeks out a location to set up an automotive interior design factory, they plan to make an investment ranging from 50 to 100 million dollars.
Zurich Signs Exclusive Distribution Agreement with Fortis for Turkey
Zurich Financial Services Group announced that its Turkish subsidiary Zurich Sigorta A.S. has signed an agreement with Fortis Bank A.S. for the exclusive distribution of general insurance products through Fortis in Turkey.
Turkish banks´ loan volume increases to 509.9 billion Turkish lira
Banking sector´s credit volume, excluding participation banks, increased nearly 1.7 billion Turkish liras (TL) in a week to 509.89 billion TL on May 20, the Turkish Central Bank said on Thursday.
ACE Opens Branch Office in Turkey
The ACE European Group announced the opening of a new branch office in Istanbul, Turkey, as it expands its presence across Central and Eastern Europe.
Turkish official comments on Nordbank controversy
Allegations that a German lender halted extending loans to all Turkish shipping companies have drawn a reaction in Turkey, with a top official saying the country’s maritime mortgage system is “under the guarantee of the Turkish judiciary.”
Ratings: Travelers (UK), Bison, Dubai Islamic, Milli Re, Hang Seng, LIG
A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating (ICR) of “a+” of UK-based Travelers Insurance Company Limited (TIC). The outlook for both ratings remains stable.
Izmir getting ready to host EXPO 2020
The outdoor walls of Turkey´s Culture Office in Paris´s Champs Elysees center have been decorated with banners and posters promoting the candidacy of western province of Izmir for the EXPO 2020.

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