Sunday 3 May 2015
 
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Turkey

Rotana to make Turkey foray with two properties

Rotana, a leading hotel management company, will open two new properties in Istanbul next month, marking the brand’s maiden foray into the Turkish market. The “Burgu Arjaan by Rotana” and “Tango Arjaan by R

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Saudi group plans $751m Turkey property fund

Saudi Arabia's Al-Bassam Group will set up a new fund worth 2 billion liras ($751.17 million) with Saudi Sumou Holding to invest in Turkey's real estate market, AlBassam Group's CEO said. "We are aiming to work wi

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Turkey on course to becoming key player in golf resorts

Turkey is offering some of the best opportunities in Europe to invest in golf property, boosted by the launch this year of an initiative to grow its share of the golf tourism market, according to Spot Blue International Property. 

Inte

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Oil flows via Kirkuk-Ceyhan pipeline hit new high

Oil flows through the Kirkuk-Ceyhan pipeline from Iraq to Turkey's Mediterranean coast have hit a new 2015 high of 650,000 barrels per day (bpd), up from 500,000 bpd at end of last week, a shipping source said.  

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Emirates Steel alerts over imports hitting UAE market

Emirates Steel, the largest integrated steelmaker in the UAE, has warned of the effects of the flow in China’s and Turkey’s steel to the local markets, and called for protective actions to face the increasing competition and falling

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Investcorp eyes long-term plans in Turkey

Mohammed Al-Shroogi, president of Bahrain-based Investcorp’s Gulf Business, recently discussed the company’s latest investments and long-term plans in Turkey with Tayyip Erdogan, President of Turkey. Erdogan and Al-Shr

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Turkey's Yildiz gets bids for dairy business stake

Yildiz Holding, Turkey's largest food group, has had several bids for a stake in its dairy business Ak Gida that could be worth some $950 million, but a stock market listing is still an option, sources familiar with the matter said.

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St Regis debuts in Turkey

St. Regis Hotels & Resorts, a leading hospitality brand, has marked its debut in Turkey with the launch of The St Regis Istanbul. St. Regis has tripled its global footprint in the last decade to 34 hotels and is set to open three mo

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Twitter, Turkey resolve flap over photo

Twitter has complied with Turkey's request to remove photographs of an Istanbul prosecutor held at gunpoint by far-left militants, an official said, and a ban on the micro-blogging site was lifted, several hours after it was imposed.

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Turkey court blocks Twitter, YouTube

Access to Twitter and video-sharing website YouTube were blocked in Turkey on Monday following a court decision based on complaints from individuals, a source in Turkey's telecoms industry said. Turkey temporarily blocked Twit

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