Türkçe New spectrum allocations and a fourth mobile licence offering are expected to provide a fillip for Turkey's telecoms sector, which has benefitted in recent years from rising mobile and internet penetration, driven by its young, tech-savvy population. In March, the transport and communications minister, Lütfi Elvan, announced a tender for 4G mobile data services, which is scheduled…
Türkçe Rising demand for fuel and oil derivatives, combined with an expanding petrochemicals sector, is driving growth in Turkey’s refining industry, with competition set to heat up over the next few years for the increasingly lucrative market. In March, Turkey’s sole oil and petroleum products refiner Tüpraş posted a net profit for 2014 of TL1.46bn (€525m), a 22% increase over 2013,…
Join us to network with other business professionals from both the international and local business communities, on the 41st Floor of ISBank Headquarters in Levent, with stunning 360 degree views of Istanbul. The event aims to provide you with key insight into investment opportunities in Turkey and oversees with representatives from each Mission. Guest Speaker – Roger Harrop Award Winning…
Benefits of attending • 6 case studies from 4 different sectors: airports & ports healthcare water and energy transport • Highly interactive: 3 panel discussions and a showdown panel • Network with experts from both the public and private sectors • Discover the full potential of PPP projects in Turkey & the Black Sea • Professional…
Türkçe As part of an overhaul of the financial markets in Turkey, plans for the Istanbul stock exchange to be floated early next year are gathering pace with Borsa Istanbul (BIST) management looking to offload some of its shares in the bourse ahead of the listing. At the end of January, BIST CEO Ibrahim Turhan said the exchange was looking to finalise the second phase of its strategic plan…
Türkçe For a regular star-performer among emerging markets, the Turkish economy had a modest year in 2014, with the rate of growth easing and the lira tumbling, though exporters managed to post record earnings despite weaker demand from some key markets. Plunging oil prices may help Turkey's economy this year, by further reducing the $76bn trade deficit recorded in the first 11 months of 2014…
In Turkish Consumer sentiment in Turkey is weakening as the pace of economic growth slows and consumers tighten their purse strings, potentially slowing the retail sector’s stellar performance in recent years. Turkish retail has been one of the most appealing sectors for both investors and consumers thanks to a rapidly-expanding economy and a surge in per capita disposable income in the past…
In Turkish Sharia-compliant insurance, or takaful, is set to grow in Turkey, with its predominantly Muslim population showing increasing interest in Islamic finance products and the government keen to support their growth. Insurance of any kind can be a hard sell in Turkey, with the population generally averse to insurance cover and penetration levels as low as 1.4%, according to some estimates. Takaful…
Back 2 Business returns for another interactive networking evening in partnership with IsBank. We are pleased to welcome you again to this joint collaboration with the international Chambers and Consulates in Istanbul and Back 2 Business. Join us to network with other business professionals from both the international and local business communities, on the 41st Floor of ISBank Headquarters in Levent,…
In TurkishImproved political stability helped lift August property sales in Turkey, while the government is looking to infrastructure investments to stave off a downturn in the overheated construction sector. A glut of empty residential properties and high interest rates had curbed growth in property sales in recent times.The month’s house sales of 105,624 represented a 25% increase year-on-year…
