Turkey Financial News

Posted by meb at February 26th, 2007

Istanbul has ranked first among 26 other European cities as the city with highest development outlook in the Emerging Trends in Real Estate Europe 2007 report released by PricewaterhouseCoopers (PwC) and the Urban Land Institute (ULI). Istanbul received a rating of 6.74 out of nine, making it the top-ranking city for the development market in 2007. The report, based on interviews and market research and was published in Washington D.C., cited one interviewee (more…)

Posted by meb at February 25th, 2007

Standard & Poor’s affirmed Turkey’s “BB-“ long-term sovereign credit rating on Thursday, citing prudent macroeconomic policies and fiscal discipline.
S&P added that Turkey was still vulnerable to swings in investor confidence, primarily because of its large external imbalances.
“The ratings on Turkey are supported by the government’s commitment to prudent macroeconomic policies. Since 2003, the government has (more…)

Posted by meb at February 25th, 2007

Norwegian Air Shuttle will begin flights from Oslo to destinations in Turkey, news reports said. From the beginning of May 2007, they will start flights to Turkey’s southern holiday resort of Antalya. They will also begin flights to Istanbul (Sabiha Gökçen Airport) in June. Tickets for these flights are already on sale at www.norwegian.no

source: Turkish Daily News

Posted by meb at February 25th, 2007

PETKİM, the state-controlled petrochemical production company, has launched an international tender for procurement of a liquid nitrogen storage tank.
The company released an English-language announcement for the procurement as follows:
Complete engineering, equipment and materials, supervision and training services will be supplied for Liquid Nitrogen Storage Tank at Air-Nitrogen-Oxygen Production Plant in Aliağa Petkim Complex. The properties of Liquid Nitrogen (more…)

Posted by meb at February 24th, 2007

The Savings Deposit Insurance Fund (TMSF) on March 6 will sell 18 pieces of property situatuted in the İstanbul World Trade Center and having a total estimated value of YTL 6.4 million. The public auction will be held at the Profilo Shopping Center at 2:00 pm. All the properties are located at the EGS Business Park in (more…)