Friday 27 March 2015
 
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Turkey

Al Jazeera in talks to buy Turkey's Digiturk

An affiliate of Qatari-based television network Al Jazeera is in advanced negotiations to buy Turkish satellite network Digiturk, three sources familiar with the talks said on Tuesday, a deal that would further boost its soccer offering.

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Turkey sees new delays in Airbus A400M delivery

Turkey is preparing for further delays in the delivery of two A400M military transport aircraft it ordered from Airbus Group, according to defence officials in Ankara. It signed a deal for 10 of the heavy cargo and troop carriers

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Turkey begins $10bn Azeri pipeline construction

Turkey and Azerbaijan have begun the construction on a new gas pipeline costing $10 billion which will pump gas from the Azerbaijani Shah Deniz 2 field across Anatolia to Turkish and European Union (EU) consumers.   The EU, wh

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Turkish automotive sales up 57pc

Turkish automotive sales rose 57 per cent year-on-year in February to 58,532 vehicles, the Automotive Distributors Association announced recently. Automotive production rose 31 per cent to 109,011 vehicles in February year-on-year

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Turkish automotive sales up 57pc

Turkish automotive sales rose 57 per cent year-on-year in February to 58,532 vehicles, the Automotive Distributors Association announced recently. Automotive production rose 31 per cent to 109,011 vehicles in February year-on-year

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Citi sells stake in Turkey's Akbank for $1.2bn

Citigroup has sold its nearly 10 per cent stake in Turkey's Akbank for $1.2 billion, the US lender said on Thursday, its latest disposal of overseas assets to cut costs and boost profits. New York-based Citi has been paring ba

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Citigroup sells stake in Turkey's Akbank for $1.2bn

Citigroup has sold its nearly 10 per cent stake in Turkey's Akbank for $1.2 billion, the US lender said on Thursday, its latest disposal of overseas assets to cut costs and boost profits. New York-based Citi has been paring ba

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Alstom wins two contracts in Turkey

Alstom, a leading multinational company which holds interests in power generation, electrical grid and rail transport infrastructure, has been awarded two contracts, worth around to €5 million ($5.59 million), for the supply of particulate

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Tupras posts 87pc jump in Q4 net

Turkish oil refiner Tupras, owned by Koc Holding, posted an 87 per cent jump in fourth-quarter profit, helped by higher refining margins. Net profit was 213 million lira ($84.7 million) in the last three months of the year, compar

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Turkey's $220bn bourse to launch public offering

Turkey's Borsa Istanbul has decided to go public, it said in a statement on Tuesday, in an offering that will see the $220 billion stock exchange sell up to nearly 43 per cent of its capital. Turkey's sole stock exchange s

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