Recent acquisitions of Turkish agribusiness interests by Gulf investors have highlighted the sector’s opportunities for expansion in the wider region. However, further development of the industry faces challenges, including the need for additional farm labourers. In early December 2013, Dubai-based private equity firm the Abraaj Group acquired an 80% stake in leading Turkish dairy company Yörsan.…
Oxford Business Group is pleased to announce its media partnership with Eurasia Com which will be held on 25 - 26 March, in Istanbul. In this respect we send you the following message from the conference organisers: Dear Oxford Business Group Subscribers, Join 450+ decision makers at Eurasia Com, the region’s premier Telecoms, Media & ICT networking show. Encompassing Russia, Eastern Europe, the…
Widespread drought is affecting Turkey’s agriculture sector, with the 2014 wheat harvest at particular risk of underperforming and warnings of crop failures in a number of grain-growing regions.One of Europe’s largest wheat producers, Turkey harvested a record 22.1m tonnes in 2013, according to state statistics agency Turkstat. While much of this is for domestic consumption, Turkey exports to a…
Additional restrictions on consumer lending and higher interest rates could mean a slowdown in growth for Turkey’s banks, although the sector should have the resilience to ride out any shockwaves. According to new regulations from the Banking Regulation and Supervision Agency (BDDK), issued in late 2013 and set to come into effect on February 1, instalments on credit card purchases will be limited…
The first link in Turkey’s high-speed rail system is set to open in 2014, part of a broader effort by the government to make significant improvements to transport infrastructure in time for the republic’s centenary in 2023.Trains and tunnelsDuring a recent presentation of his department’s 2014 budget to the Parliament’s Planning and Budget Commission, the transport minister, Binali Yildirim,…
As Turkey looks to diversify its sources of natural gas, one option that is coming closer to reality is a deal with the Kurdistan Regional Government (KRG) to build an oil and gas pipeline from northern Iraq. While this link would help consolidate Turkey’s position as a regional energy corridor, it risks upsetting relations with Iraq.Turkey already has a number of pipelines linking it to foreign…
Oxford Business Group is pleased to announce its media partnership with the World Intelligent Cities Summit and Exhibition (WICS) 2013 which will be held on 27-28 November, in Turkey. In this respect we send you the following message from the conference organisers: Dear Oxford Business Group Subscribers, World Intelligent Cities Summit and Exhibition (WICS) 2013 27 – 28 November 2013 | Conrad Istanbul…
Mixed signals are coming out of the Turkish retail sector, with sales volume making strong gains while at the same time consumer and business sentiment cooling. Incoming data point to growing pessimism over the economy. However it will be a while before the heat is taken out of the marketplace in the coming months.According to a report issued by the Turkish Statistical Institute (TurkStat) on October…
Oxford Business Group is pleased to announce its media partnership with the 5th Turkey Renewables Congress and Exhibition which will be held on 26 November, in Turkey. In this respect we send you the following message from the conference organisers: Dear Oxford Business Group Subscribers, 5th Turkey Renewables Congress and Exhibition Securing a greener environment 26 November 2013 Join leading public…
Oxford Business Group is pleased to announce its media partnership with the 2nd Annual PPP in Turkey Forum which will be held on 27 – 28 November, in Turkey. In this respect we send you the following message from the conference organisers: Dear Oxford Business Group Subscribers, 2nd Annual PPP in Turkey Forum 27 and 28 November 2013 Meeting future demands today Following the success of our 2012 PPP…
