Thursday 18 December 2014
 
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Turkey

Turkey to invest $300m with Shell in oil, gas exploration

Turkey will invest $300 million with Royal Dutch Shell to explore for natural gas and oil after discoveries were made in the Romanian basin, Energy Minister Taner Yildiz said.  

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GCC tourists to Turkey up 39pc

Turkey has witnessed the number of GCC visitors reach 211,241 from January to October, marking a 39 per cent increase from the same period in 2013. Turkey proved to be a popular choice for GCC tourists during the Eid Al Adha holiday in

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Turkey's Enka to set up 3,000MW power plant in Iraq

Turkish construction firm Enka Insaat said that it would sign a deal with private firm Mass Global to build a 3,000 megawatt (MW) gas-fired power plant in Iraq.   The signing ceremony will be held soon, Enka said

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Turkey's Enka to set up 3,000MW power plant in Iraq

Turkish construction firm Enka Insaat said that it would sign a deal with private firm Mass Global to build a 3,000 megawatt (MW) gas-fired power plant in Iraq.   The signing ceremony will be held soon, Enka said

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Turkey says in talks with Algeria on oil purchases

Turkish Energy Minister Taner Yildiz said Turkey was in talks on purchasing oil products and crude oil from Algeria.   Speaking at a news conference in Istanbul with his Alge

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Bombardier delivers Challenger 605 aircraft in Turkey

Leading business jet manufacturer Bombardier Business Aircraft has delivered a Challenger 605 aircraft in Turkey that will be operated by MNG Jet, an aircraft management and charter company. The Challenger 605 features one of the widest

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UAE venture sees big demand for Turkey lake villas

Ideal Sapanca, a UAE-Turkish entrepreneurial company, said has one unit remaining from the 51 villas in its iconic FCC Serenity Villas project located in the scenic Sapanca Lake region in Turkey. UAE nationals have already in

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Turkey warned of 'middle-income trap'

Without deeper reforms to its savings rate and competitiveness, Turkey risks lower medium-term growth that would leave it stuck in a "middle-income trap," the International Monetary Fund (IMF) warned in a report. With po

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Gazprom, Turkey's Botas could build 63 bcm undersea gas pipeline

Russia's Gazprom and Turkey's Botas have signed a memorandum to build an undersea pipeline to Turkey with an annual capacity of 63 billion cubic metres, Gazprom CEO Alexei Miller said.   He said 14 bcm ou

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Saudi Arabia's Acwa to develop $1bn power plant in Turkey

Acwa Power International, an independent developer of power projects based in Saudi Arabia, said its Turkish unit has inked a $1-billion deal to develop a combined-cycle gas turbine power plant near the Turkish city of Kirikkale.

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