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Birsen Altayli

Turkish Airlines in talks to finance facilities at new Istanbul airport: sources

Jun 27 2018

ISTANBUL Turkish Airlines is in talks with 12-13 Turkish and Chinese banks to secure between $800 million and $1 billion in financing to construct its facilities at Istanbul's new airport, and a deal is almost ready, three sources close to the matter said.

Turkish Airlines in talks to finance facilities at new Istanbul airport -sources

Jun 27 2018

ISTANBUL, June 27 Turkish Airlines is in talks with 12-13 Turkish and Chinese banks to secure between $800 million and $1 billion in financing to construct its facilities at Istanbul's new airport, and a deal is almost ready, three sources close to the matter said.

Erdogan's policies driving Turkey to the edge, challenger says

May 16 2018

ISTANBUL President Tayyip Erdogan is driving Turkey "to the cliff" through ideological politics and a determination to control the central bank, the main opposition party's presidential candidate said on Wednesday as the lira hit new record lows.

Turkey's Turkven to sell Medical Park stake, possibly via IPO-sources

Aug 15 2017

ANKARA, Aug 15 Turkven, one of Turkey's leading venture capital firms, is planning an initial public offering (IPO) or block sale of its majority stake in the Medical Park hospital group, sources close to the matter said.

Turkey's Garanti sees subdued demand for project finance in 2017

Feb 17 2017

ISTANBUL Low electricity prices and volatility in Turkey's lira mean demand for finance for projects is unlikely to pick up much this year from a subdued 2016, a senior executive at Garanti Bank, one of Turkey's biggest lenders, said in an interview.

Turkey's Akbank faces $4 million hit from attempted cyber heist

Dec 16 2016

ISTANBUL Hackers targeted Turkey's Akbank via the SWIFT global money transfer system in an attack which the bank said had not compromised customer data but would cost it up to $4 million.

Executive of Turkey's Dogan faces inquiry as Erdogan vows to 'cleanse'

Dec 01 2016

ISTANBUL Turkish authorities are investigating an executive at Dogan Holding, the conglomerate said on Thursday, heightening concern President Tayyip Erdogan's crackdown after a failed coup may now spread to the country's top companies.

Turkey's Yildiz denies is a target in crackdown

Nov 14 2016

ISTANBUL Turkish food producer Yildiz Holding on Monday dismissed media reports that sparked concerns that it has become a target in a government crackdown against the cleric Ankara blames for a failed coup in July.

Shares of Volkswagen Turkish distributor Dogus hammered as scandal widens

Sep 28 2015

ISTANBUL Shares of Volkswagen AG's main Turkish distributor Dogus Otomotiv tumbled more than 12 percent on Monday, hit by concerns that the emissions cheating scandal at the German automaker could undermine sales of its local dealers.

Turkish car sales poised to slow as imports become pricier

Sep 18 2015

ISTANBUL, Sept 18 Turkey's rapidly growing automotive market is likely to see a slowdown in the remaining months of the year, as the local currency's tumble against the euro saps demand and hits balance sheets, an industry expert said.

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