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 commerce in Turkey

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updated Fri. May 4, 2018

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Turkish automotive suppliers association, Taysad, says the importance of components to the country's export sector can be gauged by its proportion of ... the Fair to the government could be gauged by Ankara hiring 110 coaches from 28 Turkish cities to bring unions and Chambers of Commerce to Istanbul.
The Turkish Central Bank has decided to bring its 220 tons-worth of gold home from the US. The country's largest commercial banks have followed suit. Claudio Grass, a Mises Institute ambassador and consultant at Switzerland's Precious Metal Advisory, explained why the move is a sign of the impending ...

Barrie is a target of the high-tech Turkish trade delegation that will be arriving in Canada shortly, with a stop at the Greater Barrie Chamber of Commerce on April 24 at 10 a.m.. Gazi Teknopark, the Turkish equivalent of Silicon Valley, is sending 11 high technology companies to collaborate, build their ...
ISTANBUL, April 2 (Xinhua) -- The Istanbul Chamber of Commerce said on Monday that the first China International Import Expo (CIIE) is expected to become an important platform for international trade and exchanges. Dursun Topcu, deputy chairman of the Istanbul institution with 415,000 members, said ...
Chinese e-commerce giant Alibaba will carry out joint projects with tradesmen in Turkey. The Ministry of Customs and Trade plans to bring together tradesmen in Turkey with Alibaba in this regard. Eyeing investment opportunities in Turkey, Alibaba wants to collaborate with small firms. Alibaba head Jack ...
We are opening our airspace as of today," Binali Yildirim, Turkey's prime minister, in the capital Ankara on Friday. Yildirim also said commercial flights would be available from either Turkey or Europe to Erbil. "However, this is only effective for Erbil. There will be no flights to Sulaymaniyah. Because ...

The Environment and Urbanization Ministry have prepared a new plan for the land, abolishing its function as a campus. Under the new plan, the ministry has allowed the construction of residential and commercial units on campus property located next to the historic Ihlamur Kasrı and another historic site.
Riyadh and its allies have scrambled to counter what they see as a move by Ankara to extend its influence amid increasingly bitter regional rivalries, with the .... Describing his vision for Suakin at a press conference in Khartoum in December, Turkish President Recep Tayyip Erdogan said the island would ...
It was a political move par excellence — a soft blow to Turkish President Recep Tayyip Erdogan, who was inching dangerously close to Russia and Iran. Once allied over the common objective of bringing down the regime in Damascus, Ankara and Riyadh have drifted apart, especially after Erdogan stood ...
Turkey's President Recep Tayyip Erdogan vowed on Thursday that the army would not leave Afrin “before the job is done,” and has signaled he could broaden the offensive into northeastern Syria, ultimately targeting PKK bases in Iraq to quash Kurdish aspirations for self-rule. Turkish commandos have ...
Guest author Menashe Carmon, chairman of the Israel-Turkey Business Council and Chamber of Commerce & Industry, analyzes the state of Israel-Turkey ... Correspondingly with this new zeitgeist the relations between Ankara and Jerusalem were upgraded to a new level of partnership, albeit one mostly ...
“Ryanair is pleased to announce our entry into the Turkish market," said Chief Commercial Officer David O'Brien in a short statement. The airline has slowly been expanding beyond its European heartland, with routes now including Morocco and Israel. Flights from Paphos (Cyprus) to Jordan will follow this ...
Under Turkish law, the fundamental provisions regarding default and performance of debts are regulated under Turkish Code of Obligations numbered 6098 ("TCO"). Special provisions are regulated in Article 1530 of Turkish Commercial Code numbered 6102 ("TCC"), in relation to the performance period ...
Pursuant to Turkish Commercial Code, shareholders were required to pay in 25% of the share capital of a newly formed company prior to registration of the company with the local trade registry. With the Law, this requirement has been repealed for Limited Companies. Please note that this requirement will ...
However, again in the same Article it is mentioned that "Joint-stock companies with a registered capital equal to 5 (five) times or more of the minimum amount stipulated in Article 272 of the Turkish Commercial Code and building cooperatives with a membership number of 100 (one-hundred) or more are ...
A number of mayors, including those of Istanbul and the capital, Ankara — whom Erdogan did not want to work with in the lead-up to the elections — have been ... Orhan Gencebay, a big name in Turkish music who was chairman of MESAM — which was established to protect the copyrights of singers, ...
Ankara suggests that all restrictions on trade with Moscow should be abandoned to deepen the two countries' commercial ties, Turkey's Foreign ... and Ankara worsened after Russia's Su-24 jet taking part in an anti-terrorism operation in Syria was downed by the Turkish Air Force on November 4, 2015.

A weekend hen party in Dubai ended in tragedy when the private jet carrying a Turkish heiress and her seven girlfriends crashed in the Iranian desert. Mina Basaran ... She worked for her father who owns a wide array of businesses cutting a wide swath across Turkish commerce and society. “The wreck of ...
... Decisions of the Turkish Republic Prime Ministry, and has been presented to the Turkish Grand National Assembly through a Directorate dated 30.1.2018. In the aforementioned Law, there are several amendments regarding the Code on Pledges of Movables in Commercial Transactions numbered 6750 ...
“We observed the return of Hidden Cobra's Bankshot malware implant surfacing in the Turkish financial system. Based on the code ... In 2015 and 2016, a series of cyberattacks targeted SWIFT, a Belgium-based co-operative owned by its user banks including both central banks and commercial banks.
Meanwhile, MBC group spokesperson Mazen Hayek said that the decision includes several regional TV channels as well, and it goes beyond just being a professional and commercial decision. He explained that it will perhaps even provide an opportunity for Arab countries to create more domestically ...
High-level meetings between U.S. and Turkish officials have peaked in recent weeks as the two nations discuss the conflict in Syria. ... The U.S. Chamber of Commerce is calling for renewing high-level U.S.-Turkey commercial dialogues that can be integrated into the new joint working group sessions.
... “Alternatif Bank has all-round capabilities, but obviously, it will be focusing initially on what we call “commercial plans”. We see a lot of opportunities for growth, especially on the corporate side. Turkey has a large and diverse economy with a significant number of Turkish companies looking to export even ...
... “Alternatif Bank has all-round capabilities, but obviously, it will be focusing initially on what we call “commercial plans”. We see a lot of opportunities for growth, especially on the corporate side. Turkey has a large and diverse economy with a significant number of Turkish companies looking to export even ...
Turkish shopping mall builder Torunlar is taking a dramatic measure to try and reverse poor performance after its profit dropped by more than 60 percent last year. The company will convert a section of the Torium mall in Istanbul's working-class district of Esenyurt to a student dormitory, Chairman Aziz Torun ...
The insurer pointed to catastrophe losses, adverse development in its commercial automobile business and a charge related to the Trump tax cuts for the ... Seguros Compania de Seguros y Reaseguros S.A., agreed to sell its entire 99.44 percent interest in its Turkish insurance affiliate, Liberty Sigorta A.S., ...
The calculation of the aggregate of foreign currency cash loans and foreign-currency indexed loans will be based on the financial tables of the last accounting period of the Company prepared in accordance with Turkish Accounting Standards, if not existing, the balance sheet prepared in accordance with ...
Erdogan said the agreements would allow Ankara and Algiers to diversify trade pending the signing of “an agreement on the protection of investments as soon as possible”. The Turkish president had already insisted, in an interview published in the Algerian daily Echorouk on Monday, on the need for the ...
KAHRAMANMARAS, Turkey (AKP/CNN) - Turkish President Recep Tayyip Erdogan is under fire for comments he made to a little girl during a rally in Kahramanmaras over the weekend. In a video posted online, Erdogan invited the girl onstage during a televised Justice and Development Party meeting, ...
The country's e-commerce volume reached about $10.2 billion in 2016, according to the Informatics Industry Association (TUBISAD), which increased ... He indicated that Turkey and Libya will work closely to finalize the projects carried out by the Turkish companies and to discuss implementing new ones.
As part of Turkish Airlines' recent campaign “Five Senses,” Dr. Oz starred in the Turkish flagship carrier's latest commercial broadcast on Feb. 4 during the American football league's final game this year, Super Bowl LII. “As the airline that flies to more destinations than any other, Turkish Airlines is our top ...
Dr. Oz is helping us rediscover the beauty of our bodies in the Turkish Airlines Super Bowl commercial, which you can watch below! The 57-year-old cardiothoracic surgeon, author and TV personality guides us through the wonders of the five senses in the clip that aired on Sunday (February 4). “Our eyes ...
“I am over the moon at the beautiful examples of our five senses portrayed in the upcoming Super Bowl commercial and I look forward to making more awe-inspiring Turkish Air pieces in the future,” Oz, a Turkish native, told Page Six. “The majestic human body is a beautiful place to live; sometimes all we ...
Doğan, who announced that Sophia will take part in a new commercial film for a new Yapı Kredi product along with the bank's advertising faces Gary and Metin, played by two famous Turkish comedians, said: "I believe this trio will win everyone's recognition. We think Turkey will see Sophia much more in ...
ANKARA: Turkish fashion bloggers are proving a big hit across the Arab world as growing numbers of Muslim women seek new ways to express themselves while remaining true to their ... The Turkish e-commerce market was worth $6,605 million in 2018, similar to Saudi Arabia's at $6,128.2 million, it said.
“We are planning to lay the foundation for the Akkuyu Nuclear Power Plant with my dear friend Mister Putin,” Erdogan told an audience during an energy conference at his Ankara palace. “In fact, I had the chance yesterday to talk with him on this issue over the phone,” the Turkish President said, highlighting a blossoming ...
WASHINGTON (Sputnik) - The US Commerce Department in a determination said that Turkey, the United Kingdom and three other countries have violated fair trade practices by selling steel wire rod at prices that hurt America's economy. "The Commerce Department determined that exporters from Italy, ...
The removal institution based on reasons originating from the person of the partner is a foreign concept to the corporations. The Turkish Commercial Code numbered 6102 ("TCC") defines a new set of rights, for joint stock companies, that will end the shareholding relationship between the company and the ...
“Our vision for Alternatif bank is to become Turkish banking sector's rising star, a strong contributor to the future growth of the Commercial Bank Group and increased value for our stakeholders. With the best team in place and the right strategy, and now with the rebranding complete, the stage is set for ...
Turkey's economic partnerships with Algeria are set for a boost that could see trade between the countries treble to Turkish President Recep Tayyip Erdoğan's target of more than $10 billion per year, the London-based pan-Arab daily Al-Quds Al-Arabi reported on Wednesday. Erdoğan discussed his goal of ...
Turkish President Recep Tayyip Erdogan (R) meets with Iranian President Hassan Rouhani during an extraordinary meeting of the Organization of Islamic Cooperation in ... Judging by figures from the past five years, the political climate between Ankara and Tehran seems to directly affect commercial ties.
Unfair competition has been set forth between Articles 54 and 63 in Turkish Commercial Code ("TCC") numbered 6102. In Article 54 of TCC, the purpose of the provisions of unfair competition was defined as "to establish a fair and uncorrupted competition in favor of all participants". In the second paragraph ...
Until that date, proceedings to scrap or sell the ships have been carried out in accordance with the Turkish Commercial Code, which has a lengthy legal procedure. Only a small portion of them have been dealt with under the Harbor Law. There is no legal regulation regarding abandoned ships unless they ...
Turkish machine producers and exporters plan to enter the promising Ethiopian agro industry market, Central Anatolian Exporters' Association Secretary ... Addressing the meeting, Chamber of Commerce and Sectoral Association Deputy Secretary General Wube Mengist said: “Thus far, the trade volume ...
Mohammed bin Ahmed Al Kuwari, vice chairman of Qatar's Chamber of Commerce and Industry, for his part, said that more than 200 Turkish ... Turkish Ambassador to Qatar Fikret Ozer, meanwhile, hailed the close cooperation seen between Ankara and Doha following the imposition last year of a trade ...
According to the Commerce Department, Turkish national Gulnihal Yegane set up shell companies to purchase equipment from U.S. suppliers on behalf of Iran's Mahan Air. The carrier is under sanctions by the U.S. for allegedly carrying arms and fighters in Syria. The jet parts were obtained through the ...
Al Sharqi said QC supports all that contributes to increasing mutual trade between both countries, and proposed to host the Arab and Turkish chambers meeting which will be held after the next meeting in Algeria. He added that the participating delegations welcomed the proposals, valuing Qatar's role in ...
Relying the findings of a study by the Amman Chamber of Commerce last year, business leaders called for revisiting the Jordan-Turkish FTA, noting that ... the visiting minister noted that necessary procedures will be taken to balance the commercial exchange rate that currently stands in favour of Ankara.
As part of Turkish Airlines' recent campaign “Five Senses,” Dr. Oz starred in the Turkish flagship carrier's latest commercial broadcast on Feb. 4 during the American football league's final game this year, Super Bowl LII. “As the airline that flies to more destinations than any other, Turkish Airlines is our top ...
Erdogan also praised the Uzbek decision to give 30-day visa exemptions to Turkish citizens and thanked Mirziyoyev. On Feb. ... in commerce and economics, investment and tourism, as well as pave the way for Turkish citizens to visit Uzbekistan and strengthen friendship between the brotherly societies.


 

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