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RECENT NEWS

news — JUL 14, 2021

Turkish Startups Receive USD 1.2 Billion Investment in the First Half

In the first quarter of 2021, 61 startups had raised USD 508 million from angel investors and venture capital funds, setting a record for the Turkish startup ecosystem. According to Startup.Watch's “Turkish Startup Ecosystem Quarterly Report-Q2 2021" report, 63 startups raised USD 746 million investments totaling the first half amount to USD 1.2 billion.Getir became the most invested startup in Turkey with USD 550 million and with a...

startups angel investors venture capital funds Startup.Watch

news — JUL 13, 2021

Turkey Positions Itself in the League of Impact Investments

The Impact Investing Advisory Board (EYDK), established to create an enabling...

news — JUL 13, 2021

Turkey Commences Digitalpark Teknokent

On July 7, Industry and Technology Minister Mustafa Varank attended the...

ALL NEWS

news — JUL 14, 2021

Turkish Startups Receive USD 1.2 Billion Investment in the First Half

In the first quarter of 2021, 61 startups had raised USD 508 million from angel...

news — JUL 13, 2021

Turkey Commences Digitalpark Teknokent

On July 7, Industry and Technology Minister Mustafa Varank attended the...

news — JUL 13, 2021

Turkey Positions Itself in the League of Impact Investments

The Impact Investing Advisory Board (EYDK), established to create an enabling...

news — JUL 12, 2021

Minister Elvan Holds Online Meeting with UK C-Suite Executives

Minister of Treasury and Finance Lütfi Elvan met with UK business executives via a...

news — JUL 09, 2021

Investment Office Hosts Fourth GVC Talks with AmCham Turkey

The Investment Office and AmCham Turkey successfully held the fourth edition of GVC...

news — JUL 08, 2021

Schott Orim Breaks Ground for its New Plant in Turkey

German Schott Orim, a global leader in glass manufacturing, began the construction...

news — JUL 07, 2021

EY Report Marks Turkey One of the Largest Investment Destinations in Europe

Consulting firm Ernst & Young's (EY) recent "EY Attractiveness Survey...

news — JUL 06, 2021

Turkey Records All-time High Exports in the History of the Republic

Turkey's Trade Minister Mehmet Muş stated on July 2 that the country posted record...

news — JUL 05, 2021

Manufacturing PMI in Turkey above Threshold Level in June

Turkey's Manufacturing Purchasing Managers' Index (PMI) edged above the threshold...

news — JUL 02, 2021

Turkey's Hepsiburada Successfully Completes IPO in Nasdaq

Turkish e-commerce platform Hepsiburada became the first Turkish company to be...

news — JUL 01, 2021

Dream Games Brings Another Unicorn to Turkey

Dream Games, a Turkey-based pioneering mobile gaming company, has become Turkey's...

news — JUN 29, 2021

Turkey Commences Canal Istanbul Project

On June 26, President Recep Tayyip Erdoğan attended the groundbreaking ceremony of...

news — JUN 29, 2021

Turkey Launches Ertuğrul Gazi Fsru

On June 25th, the first Turkish-flagged floating LNG storage and gasification...

news — JUN 28, 2021

Turkish Grand Prix Returns To Formula 1 Calendar

Formula 1 has confirmed the return of Turkey in the 2021 calendar. The Turkish Grand...

news — JUN 24, 2021

Capacity Utilization in Turkey’s Manufacturing Industry at Highest Level Since December 2019

The Central Bank of the Republic of Turkey (CBRT) released the Capacity...

news — JUN 22, 2021

Turkey Unveils Foreign Direct Investment Strategy (2021-2023)

“Turkey's Foreign Direct Investment (FDI) Strategy (2021-2023)" has been...

news — JUN 21, 2021

Investment Office Signs Mou with SOMINVEST

Investment Office and the Somalia Investment Promotion Agency (SOMINVEST) signed a...

news — JUN 18, 2021

Turkey's Natural Gas Discovery Receives “Discovery of the Year” Award

Turkey's TPAO's discovery of the Sakarya gas field in the Black Sea was awarded...

news — JUN 15, 2021

Erdoğan Attends NATO Leaders’ Summit in Brussels

President Recep Tayyip Erdoğan attended the NATO Leaders' Summit in Brussels on...

news — JUN 14, 2021

Kraft Heinz Acquires Turkish Assan Foods

Kraft Heinz announced it has agreed to buy Turkish sauce company Assan Foods from...

news — JUN 11, 2021

Fitch Upgrades Turkey’s GDP Forecast

The US-based credit rating agency Fitch Ratings forecasts Turkey's gross domestic...

news — JUN 11, 2021

China-based Vivo Commences Production in Turkey

Following the lead of the global mobile phone manufacturers like Samsung, Oppo,...

news — JUN 11, 2021

Investment Office Hosts BIOKOREA 2021

Turkey took part in the BIOKOREA 2021—one of the largest international bio...

news — JUN 10, 2021

Turkey’s Export Climate Index at 15-Year High

It is an obvious fact that the Turkish economy is one of the few economies in the...

news — JUN 10, 2021

Investment Office Hosts Third GVC Talks with AmCham Turkey

On June 7, Investment Office and AmCham Turkey successfully held the third edition...

news — JUN 09, 2021

World Bank Raises Turkey's Growth Forecast

The World Bank updated its growth forecast for Turkey by 0.5 percentage points...

news — JUN 07, 2021

Turkey Unveils 135 bcm Gas Reserve in Black Sea

Turkey has discovered 135 billion cubic meters of natural gas in the Black Sea on...

news — JUN 04, 2021

Turkish Rapid Delivery Startup Getir Triples Valuation to USD 7.5 Billion

The Turkish rapid delivery startup Getir raised its valuation to USD 7.5 billion...

news — JUN 01, 2021

Investment Office Attends Roundtable Meeting with German Investors

Investment Office President A. Burak Dağlıoğlu gave a keynote speech on recent...

news — JUN 01, 2021

Turkey Increases Wind Energy Capacity with New YEKA Tenders

On May 29, it was announced in the Official Gazette that Turkey is set to launch 42...

news — MAY 31, 2021

Turkish Economy Grows 7 Percent in Q1 2021

While most of the economies in the world have been struggling under the burden of the...

news — MAY 31, 2021

Chinese TCL Commences Production in Turkey

Following the lead of global electronics sector corporations investing in Turkey,...

news — MAY 28, 2021

Mitsubishi Electric Expands Investments in Turkey

Mitsubishi Electric Corporation announced it will invest additional USD 18 million...

news — MAY 28, 2021

Turkish Government Unveils Details of New “Nefes” Credit Scheme

In May 2021, President Recep Tayyip Erdoğan announced new economic supports to assist...

news — MAY 26, 2021

President Erdoğan Meets Executives of US Companies at a Webinar

On May 26, President Recep Tayyip Erdoğan honored an interactive videoconference...

news — MAY 24, 2021

Hong Kong-Based IT Company Convene Expands into Turkey

Azeus Convene, a Hong Kong-based Software as a Service (SaaS) company providing...

news — MAY 21, 2021

Turkey Ranks 3rd Globally with 519 Spotless Blue Flag Beaches

Turkey's rise to the top of the list of the world's cleanest beaches continues with...

news — MAY 21, 2021

Investment Office Hosts Webinar for Chinese Investors

On May 21, the Investment Office, the Chinese Embassy in Turkey and the China Export...

news — MAY 21, 2021

President Erdoğan Marks Completion of the North Marmara Highway

President Recep Tayyip Erdoğan inaugurated the Habipler Intersection-Hasdal...

news — MAY 18, 2021

President Erdoğan Unveils New Economic Supports

President Recep Tayyip Erdoğan announced new economic supports to assist various...

news — MAY 17, 2021

Italian Carel Expands Investments in Turkey

Italia-based CAREL, a provider of control technology and humidification for air...

news — MAY 12, 2021

Turkey’s Export Climate Index at 38-Month High

Bouncing back from the devastating effects of the COVID-19 outbreak, Turkey's...

news — MAY 11, 2021

Upward Trend in Industrial Production Continues in Turkey

Emerging from the devastating effects of the COVID-19 pandemic, the Turkish economy...

news — MAY 07, 2021

Turkey and EBRD Plan to Boost Innovation in Competitive Sectors

The Minister of Industry and Technology Mustafa Varank and President of the European...

news — MAY 06, 2021

Austrian Constantia Flexibles Expands Investments in Turkey

Austria-based Constantia Flexibles signed an agreement with the Turkish private...

news — MAY 05, 2021

Investment Office Hosts Second GVC Talks with AmCham Turkey

On May 4, Investment Office and AmCham Turkey co-hosted the second edition of the...

news — MAY 05, 2021

Investment Office Unveils “International Incubation Center for Startups” in Istanbul

Investment Office signed a protocol with the Islamic Cooperation Youth Forum (ICYF)...

news — MAY 04, 2021

Istanbul Airport Tops European Traffic Charts

According to the flight traffic report of the European Air Navigation Safety...

news — MAY 04, 2021

Turkey's Dynamic Private Sector Encourages EBRD

President of the European Bank for Reconstruction and Development's (EBRD) Odile...

news — MAY 03, 2021

Turkey’s Exports Hit USD 18.76 Billion in April 2021

Minister of Trade Mehmet Muş unveiled Turkey's April 2021 foreign trade statistics...

news — MAY 03, 2021

Turkey Outpaces G20 in Liquidity Support amid COVID-19 Pandemic

Turkey becomes the country that provided the highest liquidity support compared to...

news — MAY 03, 2021

Investment Office Hosts Webinar with France’s MEDEF

On May 3, the Investment Office and MEDEF International co-hosted a webinar entitled...

news — APR 30, 2021

Turkey Increases Solar Capacity with YEKA Competitions

A total of 260 megawatts of capacity was allocated to 12 different companies in 4...

news — APR 28, 2021

Sputnik V Vaccine to be Produced in Turkey

Turkey's Viscoran İlaç and Russian Direct Investment Fund (RDIF) have agreed to...

news — APR 26, 2021

Capacity Utilization in Turkey’s Manufacturing Industry Increases

The Central Bank of the Republic of Turkey (CBRT) released reports of the Capacity...

news — APR 22, 2021

Alibaba Raises Share in Trendyol

In a capital increase, the Turkish e-commerce platform Trendyol receives an...

news — APR 22, 2021

Investment Office Briefs Japanese Investors at a Webinar

Investment Office President A. Burak Dağlıoğlu addressed Japanese investors at a...

news — APR 21, 2021

Kuwaiti Coffee Delivery App Expands in Turkey

Kuwaiti coffee delivery application COFE is coming to Turkey.Having operations in...

news — APR 20, 2021

President Erdoğan Inaugurates Hasankeyf-2 Bridge

On April 17, President Recep Tayyip Erdoğan delivered a speech via video conference...

news — APR 19, 2021

Wind Energy Investments Rise in Turkey

With USD 1.2 billion investments, Turkey ranked 5th among the European countries...

news — APR 16, 2021

Turkish Startups Received USD 508 Million Investment in Q1

In the first quarter of 2021, 61 startups raised USD 508 million from angel...

news — APR 15, 2021

Turkey among the Top Five Economies in OECD’s Composite Leading Indicators

The OECD's latest Composite Leading Indicators (CLI) revealed that the Turkish...

news — APR 14, 2021

Investment Office Attends Hannover Messe 2021 Digital Edition

On April 13, Investment Office attended the “Hannover Messe 2021 Digital Edition's...

news — APR 12, 2021

Frankfurter Allgemeine Zeitung: TOGG to Challenge Tesla, Volkswagen and Other Competitors

Germany's Frankfurter Allgemeine Zeitung (FAZ) stated that the electric car...

news — APR 09, 2021

Turkey Climbs Up To 11th Place Globally In Terms of GDP

The International Monetary Fund (IMF) has revised its GDP forecasts for countries...

news — APR 08, 2021

Investment Office Attends Sanofi Pasteur – Birgi Mefar 10th Anniversary Event

On April 8, Sanofi Pasteur and Birgi Mefar Group celebrated their 10th anniversary...

news — APR 08, 2021

E-Commerce in Turkey Skyrocketed in 2020

Minister of Trade Ruhsar Pekcan unveiled Turkey's e-commerce figures for 2020 at a...

news — APR 07, 2021

Radisson Hotel Group Committed to Investment Plans in Turkey

Turkey as one of the most attractive tourism destinations around the world is...

news — APR 06, 2021

Investment Office Hosts Webinar Series with AmCham Turkey

On April 5, Investment Office and AmCham Turkey co-hosted the first series of...

news — APR 05, 2021

Finch Capital Acquires Wirecard Turkey

Finch Capital, a Fintech-focused venture capital company with offices in the United...

news — APR 02, 2021

Turkey's First Twin Luxury Train Tour Sets Out

Japan's HIS Travel and Turkey's Sun Group signed an agreement brokered by the...

news — APR 01, 2021

Investment Office Addresses Qatari Investors

Investment Office and Commercial Bank co-hosted a webinar, “A Window of Investment...

news — MAR 29, 2021

Reform Package Aims to Simplify Investment Incentives System

Economy Reform Package Action Plan, recently unveiled by the Ministry of Treasury...

news — MAR 29, 2021

Xiaomi Commences Mass Production in its New Plant in Turkey

With its partner Salcomp, the global smartphone giant Xiaomi has opened its...

news — MAR 26, 2021

Turkey Marks Second Unicorn Startup with Getir

The Turkish rapid delivery startup Getir became Turkey's second unicorn with a market...

news — MAR 25, 2021

Turkey Unveils Economic Reform Action Plan

Minister of Treasury and Finance Lütfi Elvan unveiled Turkey’s Economic Reform...

news — MAR 24, 2021

EBRD, Goldman Sachs to Invest in Turkish Fintech Firm DgPays

The European Bank for Reconstruction and Development (EBRD) and Goldman Sachs...

news — MAR 24, 2021

Italia’s Eldor Invests in Turkey

Italian Eldor Group makes an electric vehicle systems production investment worth...

news — MAR 23, 2021

Turkey’s Entrepreneurship Ecosystem Draws Record Investment in 2020

Vice President Fuat Oktay participated in the 3rd Value Summit and Turkey Add Value...

news — MAR 22, 2021

Mersin International Port Unveils New Expansion Project

The groundbreaking ceremony of Turkey’s largest trade gateway to the world-Mersin...

news — MAR 19, 2021

Fitch Ratings Upgrades Forecast on Turkey’s Economy

International credit rating agency Fitch Ratings upgraded its forecast of Turkey’s...

news — MAR 18, 2021

“Economic Reform Package, a Window of Opportunity for Turkey”

“The Economic Reform Package, launched by President Recep Tayyip Erdoğan, is a move...

news — MAR 17, 2021

Investment Office Inks MoU with Bosnia’s FIPA

President Recep Tayyip Erdoğan met with Chairman Milorad Dodik and Members Šefik...

news — MAR 16, 2021

Turkey’s Chemical Sector Meets at a Council Meeting

Turkey Chemicals Sector Council Meeting 2021 was held virtually on March 12-13 under...

news — MAR 16, 2021

Turkey en Route to Become One of the Largest Electric Vehicle Makers

“Turkey will be one of the world’s largest commercial electric vehicle manufacturers...

news — MAR 15, 2021

Investing in Turkey Will Be More Attractive with the New Reform Package

The new Economic Reform Package unveiled by President Recep Tayyip Erdoğan on March...

news — MAR 12, 2021

President Erdoğan Heralds new Economic Reform Package

President Recep Tayyip Erdoğan unveiled Turkey’s latest Economic Reform Package on...

news — MAR 10, 2021

Oppo Starts Test Production in İstanbul Plant

Prominent Chinese smartphone manufacturer, Oppo, has commenced the test production...

news — MAR 10, 2021

President Erdoğan: “Turkey is the World’s 13th Country with Renewable Energy”

“No one can deny that we have made admirable progress in the past 18 years on...

news — MAR 10, 2021

Turkey Holds Groundbreaking Ceremony for 3rd Unit of Akkuyu NPP

President Recep Tayyip Erdoğan and his Russian counterpart Vladimir Putin delivered...

news — MAR 08, 2021

SDG Investor Map Introduced at 11th Bosphorus Summit

President Recep Tayyip Erdoğan delivered a speech via video message at the 11th...

news — MAR 05, 2021

Siniora Food Acquires Majority Shares in Turkey’s Polonez

Trakya Et ve Süt Ürünleri San. ve Tic. A.Ş., the owner of Polonez – a deli meat...

news — MAR 04, 2021

Investment Office Evaluates Sustainable Business

The 13th edition of the Corporate Governance Summit was held virtually this year,...

news — MAR 04, 2021

President Erdoğan Unveils Human Rights Action Plan

President Recep Tayyip Erdoğan unveiled the Human Rights Action Plan on March 2,...

news — MAR 03, 2021

Italian SABAF Plans Investment in Turkey

Media sources in Italy unveiled the local producer of natural gas components SABAF...

news — MAR 03, 2021

Turkey Unveils 2021 Program for Tech-Driven Industry Initiative

Amendments made on the Priority Product List of the Tech-Driven Industry...

news — MAR 03, 2021

Italian Polidoro Opens New Plant in Turkey

Italy's Polidoro, providing innovative and customized gas burning solutions,...

news — MAR 02, 2021

US-Turkey Business Council Hosts Investment Office at a Virtual Event

The US Chamber of Commerce’s US-Turkey Business Council held a fireside chat with...

news — MAR 02, 2021

Turkey to Enter Top 10 Economies of the World

The Turkish government continues commissioning new infrastructure projects to level...

news — MAR 01, 2021

Turkish Economy Grows 1.8 percent in 2020

Turkey's economy grew 1.8 percent year-on-year in 2020 and 5.9 percent in the...

news — FEB 26, 2021

Investment Office Brings Together Turkish Startups and VCs in Gulf Region

The Investment Office and the Turkish Consulate General in Dubai held a joint...

news — FEB 26, 2021

Investment Office Attends Asia Anew Initiative and Opportunities Webinar

As the keynote speaker, Investment Office President Burak Dağlıoğlu touched on the...

news — FEB 26, 2021

Turkey’s CUREA and GE Healthcare to Accelerate AI-based Health Software Development

The University of Health Sciences Health Technopolis (TEKNOPOL İstanbul) and GE...

news — FEB 26, 2021

Investment Office and UNDP Co-Launch SDG Investor Map

On February 25, Furkan Karayaka, Head of Overseas Activities Department at the...

news — FEB 25, 2021

Investment Office Attended a Virtual Roadshow for German Investors

Investment Office President Burak Dağlıoğlu gave insights into Turkey's investment...

news — FEB 24, 2021

Investment Banks Revise Outlook for Turkish Economy

The Turkish government’s timely actions and fiscal policies paid off well as the...

news — FEB 23, 2021

Fitch Upgrades Turkey’s Outlook

Releasing a statement on February 19, US-based credit rating agency Fitch Ratings...

news — FEB 22, 2021

Earlybird VC Launches New Fund Focusing Emerging Europe Including Turkey

Germany-based Earlybird Venture Capital launched a EUR 200 million successor fund -...

news — FEB 19, 2021

Consumer Confidence in Turkey Further Boosted in February

In February 2021, Turkey's consumer confidence index soared to its highest level...

news — FEB 19, 2021

Turkish Dream Games Raises USD 50 million Investment

Dream Games, a pioneering mobile gaming company based in Turkey, has raised USD 50...

news — FEB 18, 2021

Turkey's Industrial Production Growth Surpasses G20 Countries

Emerging from the devastating grips of the COVID-19 pandemic, Turkish economy is...

news — FEB 16, 2021

German DHL Makes New Investments in Turkey

Frank Appel, CEO of the German logistics leader Deutsche Post DHL Group, pledged...

news — FEB 16, 2021

BioNTech Founders in Dialogue with TÜBİTAK to Invest in Turkey

Germany-based scientist Dr. Uğur Şahin, the Pfizer and BioNTech COVID-19 vaccine...

news — FEB 16, 2021

Investment Office President: We Will Continue to Increase Turkey’s Share in Global FDI

Investment Office President Burak Dağlıoğlu briefed members of the press on foreign...

news — FEB 15, 2021

UAE’s Masterbaker Invests in Turkey’s Arolez Gıda

Competition Authority approved the acquisition of an undisclosed stake in...

news — FEB 12, 2021

FDI Inflows Into Turkey Surge in Q4 2020

As a sign of the continuing investor appetite in Turkey and the quick recovery in...

news — FEB 11, 2021

RD Global & Invamed Acquires Prosim

Global medical technology company RD Global & Invamed announced it extended...

news — FEB 10, 2021

Turkey Unveils National Space Program

On February 9, Turkey’s national space program was disclosed at a historic ceremony...

news — FEB 09, 2021

President Erdoğan Inaugurates Tohma Bridge

President Recep Tayyip Erdoğan inaugurated Turkey’s latest bridge in Malatya...

news — FEB 09, 2021

Turkey’s Specialized Free Zones Primed for Investments

Minister of Trade Ruhsar Pekcan called on international investors to look out for...

news — FEB 09, 2021

Hungary to Roll Out its First Medical Investment in Turkey

Medicor–a Hungary-based medical device producer–has taken a decision to invest EUR 2...

news — FEB 04, 2021

Investment Office Attends TEKNOFEST Launch Event

Investment Office President Burak Dağlıoğlu attended TEKNOFEST 2021 launch event on...

news — FEB 04, 2021

Investment Office Inks MoU with Japan Institute for Overseas Investment

On January 14, the Investment Office signed an MoU with Japan Institute for Overseas...

news — FEB 03, 2021

DP World Sees Freight Load Rise with Recent Railway Investment

DP World Yarimca Port, the key container terminal in Turkey’s industrial and coastal...

news — FEB 03, 2021

President Erdoğan Tests Turkey’s Autonomous Electric Bus

President Recep Tayyip Erdoğan attended the test drive of the first locally...

news — FEB 03, 2021

Chinese Smartphone Giant Xiaomi to Invest in Turkey

Turkey has secured its position as a manufacturing and export hub for Asia-based...

news — FEB 03, 2021

Toyota Opts for Rail Freight to Export its Made-in-Turkey Production

Toyota Motor Manufacturing Turkey (TMMT), a leading manufacturing and export...

news — FEB 03, 2021

French Gerflor Acquires Yaktaş Construction

French floor manufacturer Gerflor Group announced that it has acquired the Turkish...

news — FEB 03, 2021

New Feed-in Tariffs Enter into Force in Renewable Energy

The new Presidential Decree for Renewable Energy Sources Support Mechanism (YEKDEM)...

news — FEB 02, 2021

Turkey Moves Ahead of Curve with Positive Growth in 2020

Turkey is among the few countries estimated to have posted positive overall growth...

news — FEB 02, 2021

Turkish Startups Break Fundraising Record in 2020

Startups Watch, a Turkey-based platform offering analytics of Turkey’s startup...

news — FEB 02, 2021

Manufacturing PMI in Turkey Shows Robust Recovery

Bouncing back from the devastating impacts of the COVID-19 outbreak, Turkey's...

news — JAN 29, 2021

CBRT Projects Single-Digit Inflation This Year

Central Bank of the Republic of Turkey (CBRT) Governor Naci Ağbal announced on...

news — JAN 29, 2021

Siemens Gamesa Reiterated its Confidence in the Turkish Economy

Global renewable energy company Siemens Gamesa reiterated its confidence in...

news — JAN 29, 2021

Investment Office Attends Turkey-Albania Business and Investment Forum

The Investment Office participated in a live event entitled, “Turkey-Albania...

news — JAN 28, 2021

French Renewable Energy Leader Invests in Turkey

Albioma, a leading renewable energy producer based in France, decided to acquire 75...

news — JAN 28, 2021

Development Investment Bank of Turkey Spearheads Investments in Transition to a Low-Carbon Economy

The Development Investment Bank of Turkey (Development Bank) mediated Turkey's first...

news — JAN 27, 2021

Investment Office Attends “Committee on Trade and Investment”

On January 27, the Investment Office attended 7th Session of the Committee on Trade...

news — JAN 26, 2021

Turkey’s White Goods Sales Up 16 Percent in 2020

In 2020, Turkey’s white goods sales beat expectations, swelling 16 percent, the...

news — JAN 26, 2021

Investment Office Speaks at “Protecting Intellectual Property and Patents in Turkey” Webinar

On January 25, the Investment Office organized a joint summit entitled “Protecting...

news — JAN 25, 2021

President Erdoğan Delivers Video Message at OECD Istanbul Centre

“We are one step closer to our mission to position Istanbul as a center for...

news — JAN 25, 2021

Chinese Smartphone Producer Tecno Mobile to Invest in Turkey

Tecno Mobile – a China-based smartphone manufacturer – has decided to allocate more...

news — JAN 25, 2021

Turkey en Route to Enter Top 10 Global Economies

On January 23, a ceremony was held in Turkey’s eastern province Diyarbakır for the...

news — JAN 25, 2021

Turkey Launches Frigate Istanbul

President Recep Tayyip Erdoğan attended a ceremony for the launching of the...

news — JAN 22, 2021

Turkey Ranks Sixth in Automobile Sales in Europe

Turkey ranked sixth in automobile sales in Europe in 2020, the Automotive...

news — JAN 19, 2021

Turkey to Earmark USD 18.5 billion for Projects in 2021

Turkey is planning to continue investing in infrastructure projects at full...

news — JAN 19, 2021

US Media Giant Discovery to Buy Equity in Turkey’s BluTV

Discovery Inc., a global media company based in the USA, and Turkey’s leading...

news — JAN 19, 2021

Turkish Delivery Startup Getir Raises USD 128 Million Fund

Turkish delivery startup Getir has attracted USD 128 million for international...

news — JAN 19, 2021

Facebook and LinkedIn to Appoint Legal Representatives in Turkey

Facebook announced on Monday that it has decided to assign a legal entity in...

news — JAN 18, 2021

Silicon Valley-Based Plug and Play to Launch Mobility Hub in Istanbul

Plug and Play, a Silicon Valley-based innovation platform bringing the world’s...

news — JAN 18, 2021

President Erdoğan: Turkey among Top 4 Countries with Geothermal Capacity

President Recep Tayyip Erdoğan attended the inauguration ceremony of one thermic...

news — JAN 18, 2021

Spanish Roca Pledges Further Investments in Turkey

Roca Group, one of Europe's largest producers of bathroom and kitchen accessories,...

news — JAN 15, 2021

EBRD Makes its Maximal Investment in 2020 in Turkey

The investments of the European Bank for Reconstruction and Development (EBRD)...

news — JAN 15, 2021

Number of House Sales in Turkey Approaches 1.5M

The Turkish Statistical Institute (TurkStat) has released its report on house sales...

news — JAN 14, 2021

Mini Solar Tenders to Receive Applications in March

It was announced in the Official Gazette on January 12 that Turkey is poised to...

news — JAN 14, 2021

2021 to be Breakthrough for Turkey thanks to Industrial Success

“With reforms put into place in the areas of law, economy and health, 2021 is...

news — JAN 14, 2021

OECD and Fitch Ratings Revise Up their Forecasts for Turkish Economy

The Organization for Economic Cooperation and Development (OECD) raised its 2020...

news — JAN 12, 2021

Turkey Targets 96 GW Installed Electricity Capacity in 2021

Consulting giant Ernst & Young (EY) evaluated the developments in the energy...

news — JAN 11, 2021

President Erdoğan Inaugurates Devegeçidi Bridge Linking Turkey’s Eastern Provinces

“We are establishing a ground for Turkey to achieve its goals by continually...

news — JAN 11, 2021

Istanbul Finance Center to be Ready by End of Year

Istanbul Finance Center Project (IFC) is currently 60 percent complete, Minister...

news — JAN 08, 2021

E-Commerce Gains Ground in Wake of Pandemic

E-commerce has gained more prevalence in Turkey with the breakout of COVID-19 one...

news — JAN 08, 2021

Investment Office Speaks at “Invest in Turkish Startups” Summit

On January 7, a joint summit entitled “Invest in Turkish Startups" was...

news — JAN 07, 2021

Turkey’s Koru Sigorta Strikes a 10-Year Structured Reinsurance Deal with Malaysian Nexus

In spite of the ongoing restrictions caused by the COVID-19 pandemic, a Turkish...

news — JAN 07, 2021

Turkey’s Auto Market Grows amid the Pandemic

Turkey's passenger car and light commercial vehicle (LCV) market grew 61 percent to...

news — JAN 07, 2021

Turkey’s Turksat 5A Satellite Launched into Space

Turkey launched its Turksat 5A satellite to orbit on January 8.The Falcon 9 rocket...

news — JAN 06, 2021

UK-based Mondi Boosted Investments in Turkey

British multinational packaging and paper group Mondi is expanding its investments...

news — JAN 06, 2021

Turkey Posts Record in Exports in 2020

Turkey closed 2020 with a total export volume of USD 169.5 billion.Minister of...

news — JAN 05, 2021

M&A Activity in Turkey Hits USD 9 Billion in 2020

Deloitte Turkey published its "Annual Turkish M&A Review 2020"...

news — JAN 04, 2021

President Erdoğan Inaugurates Kömürhan Bridge

“The Turkish government will take all the necessary actions to transform Turkey...

news — JAN 04, 2021

Turkish Airlines Ranks Second in Europe

With 99,271 flights to Europe during 2020, Turkey's flag carrier Turkish Airlines...

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