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Tag: Investment

Erdoğan says quake zone housing construction to begin in March
Economy

Erdoğan says quake zone housing construction to begin in March

February 20, 2023February 20, 2023

President Recep Tayyip Erdoğan on Monday introduced that development of latest housing in earthquake zones will start in March, including that the federal government has

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Turkish firms pledge 0M in investments in Egypt as relations thaw
Economy

Turkish firms pledge $500M in investments in Egypt as relations thaw

February 20, 2023February 20, 2023

Turkish corporations have dedicated to $500 million in new investments in Egypt after a visiting business delegation met the prime minister for the primary time

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Turkish firms pledge 0M in investments in Egypt as relations thaw
Economy

Turkish firms pledge $500 in new investments in Egypt as relations thaw

February 17, 2023February 17, 2023

Turkish firms have dedicated to $500 million in new investments in Egypt after a visiting business delegation met the prime minister for the primary time

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Türkiye opens major facility to process vast gold reserve
Economy

Türkiye opens major facility to process vast gold reserve

February 8, 2023

President Recep Tayyip Erdoğan on Friday opened an enormous gold mine facility that can course of reserves found within the northwestern Bilecik province in late

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Fintechs set to dominate Türkiye’s thriving startup landscape
Technology

Fintechs set to dominate Türkiye’s thriving startup landscape

February 6, 2023February 6, 2023

Türkiye has established itself as a hub for know-how startups, with six unicorns – startups with a valuation of over $1 billion (TL 18.83 billion)

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Türkiye EBRD’s largest market in 2022 with .7B annual investment
Economy

Türkiye EBRD’s largest market in 2022 with $1.7B annual investment

January 26, 2023January 26, 2023

The European Bank for Reconstruction and Development (EBRD) invested 1.63 billion euros ($1.7 billion) in Türkiye in 2022, the best quantity of annual funding in

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Turkish startups bag record of nearly .6 billion in 2022
Technology

Turkish startups bag record of nearly $1.6 billion in 2022

January 20, 2023

Turkish startups attracted a report of almost $1.6 billion (TL 30.09 billion) in investments in 2022, based on the trade information, regardless of world headwinds,

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EBRD buys equity stake in Turkish retail giant DeFacto for M
Economy

EBRD buys equity stake in Turkish retail giant DeFacto for $59M

January 20, 2023January 20, 2023

The European Bank for Reconstruction and Development (EBRD) has bought a minority fairness stake in Istanbul-based world attire retailer DeFacto for $59 million (TL 1.12

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Cambodia seeks Turkish investment, eyes B bilateral trade
Economy

Cambodia seeks Turkish investment, eyes $1B bilateral trade

January 11, 2023January 11, 2023

To increase bilateral commerce to round $1 billion (TL 18.78 billion), Cambodia has sought investments from Türkiye in agriculture, storage and processing services for exports

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Apple supplier BOE plans new factories in Vietnam: Sources
Technology

Apple supplier BOE plans new factories in Vietnam: Sources

January 11, 2023January 11, 2023

Chinese show maker BOE Technology Group Co Ltd, a provider of each Apple Inc and Samsung Electronics Co Ltd, plans to take a position a

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