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	<title>Turkey Financial News</title>
	<link>http://www.turkeyfinancial.com/news</link>
	<description>Business and finance news from Turkey</description>
	<lastBuildDate>Thu, 03 Nov 2011 09:12:20 +0000</lastBuildDate>
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		<title>Contractors pin hopes on gov&#8217;t for repayment of debts in Libya</title>
		<description><![CDATA[Turkish contractors, long unable to receive payments for projects in an unstable Libya, woke up Wednesday with renewed hope as Economy Minister Zafer Çağlayan arrived in Tripoli to discuss a solution for the problem with the country&#8217;s new rulers, the National Transitional Council (NTC). Following months of heavy fighting against dictator Muammar Gaddafi, NTC fighters [...]


Related posts:<ol><li><a href='http://www.turkeyfinancial.com/news/2011/11/03/libya-rush-should-start-urgently-minister-says/' rel='bookmark' title='Permanent Link: Libya rush should start urgently, minister says'>Libya rush should start urgently, minister says</a></li><li><a href='http://www.turkeyfinancial.com/news/2007/02/07/turkish-contractors-third-in-the-world/' rel='bookmark' title='Permanent Link: Turkish contractors third in the world'>Turkish contractors third in the world</a></li><li><a href='http://www.turkeyfinancial.com/news/2009/02/25/georgian-investments-may-earn-turkish-contractors-up-to-15-bln/' rel='bookmark' title='Permanent Link: Georgian investments may earn Turkish contractors up to $1.5 bln'>Georgian investments may earn Turkish contractors up to $1.5 bln</a></li></ol>]]></description>
		<link>http://www.turkeyfinancial.com/news/2011/11/03/contractors-pin-hopes-on-govt-for-repayment-of-debts-in-libya/</link>
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		<title>Libya rush should start urgently, minister says</title>
		<description><![CDATA[Turkish construction companies should rush back to Libya, their one-time top market, as the government is ready to support them, according to Economy Minister Zafer Çağlayan. “Our businessmen demand a special customs permit to take their machinery and equipment to Libya,” the minister said during a press meeting yesterday in Tripoli with his Libyan counterpart. [...]


Related posts:<ol><li><a href='http://www.turkeyfinancial.com/news/2011/11/03/contractors-pin-hopes-on-govt-for-repayment-of-debts-in-libya/' rel='bookmark' title='Permanent Link: Contractors pin hopes on gov&#8217;t for repayment of debts in Libya'>Contractors pin hopes on gov&#8217;t for repayment of debts in Libya</a></li><li><a href='http://www.turkeyfinancial.com/news/2009/10/05/minister-unveils-plan-to-turn-istanbul-into-global-finance-center/' rel='bookmark' title='Permanent Link: Minister unveils plan to turn Istanbul into global finance center'>Minister unveils plan to turn Istanbul into global finance center</a></li><li><a href='http://www.turkeyfinancial.com/news/2009/02/03/turkish-minister-throws-the-ball-to-imf/' rel='bookmark' title='Permanent Link: Turkish minister throws the ball to IMF'>Turkish minister throws the ball to IMF</a></li></ol>]]></description>
		<link>http://www.turkeyfinancial.com/news/2011/11/03/libya-rush-should-start-urgently-minister-says/</link>
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		<title>Turkey’s trade deficit widens to record highs</title>
		<description><![CDATA[Turkey’s trade deficit widened to a record level in September compared with last year, official figures published yesterday show. Skyrocketing current trade deficit and a low domestic savings ratio in the growing economy raise concerns about the country’s dependency on import products and booming demand, according to professionals. The trade deficit was $10.4 billion in [...]


Related posts:<ol><li><a href='http://www.turkeyfinancial.com/news/2008/03/03/cost-of-imports-swells-as-foreign-trade-gap-widens/' rel='bookmark' title='Permanent Link: Cost of imports swells as foreign trade gap widens'>Cost of imports swells as foreign trade gap widens</a></li><li><a href='http://www.turkeyfinancial.com/news/2007/02/02/record-foreign-trade-deficit-a-signal-of-malady/' rel='bookmark' title='Permanent Link: Record foreign trade deficit: A signal of malady?'>Record foreign trade deficit: A signal of malady?</a></li><li><a href='http://www.turkeyfinancial.com/news/2008/05/12/crucial-gap-widens-on-energy-costs/' rel='bookmark' title='Permanent Link: Crucial gap widens on energy costs'>Crucial gap widens on energy costs</a></li></ol>]]></description>
		<link>http://www.turkeyfinancial.com/news/2011/11/03/turkey%e2%80%99s-trade-deficit-widens-to-record-highs/</link>
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		<title>Turkey’s e-commerce grows at rapid pace</title>
		<description><![CDATA[The total revenue earned through online payments increased by 52 percent to 16.9 billion Turkish Liras in the year’s first nine months compared to the same period last year, according to data released yesterday. “Almost one in every five people in Turkey now shops online,” said Soner Canko, general manager of the Interbank Card Center [...]


Related posts:<ol><li><a href='http://www.turkeyfinancial.com/news/2008/01/20/e-commerce-more-than-doubles-in-2007/' rel='bookmark' title='Permanent Link: E-commerce more than doubles in 2007'>E-commerce more than doubles in 2007</a></li><li><a href='http://www.turkeyfinancial.com/news/2007/04/04/turkey-starts-worlds-largest-mobile-signature-rollout/' rel='bookmark' title='Permanent Link: Turkey Starts World&#8217;s Largest Mobile Signature Rollout'>Turkey Starts World&#8217;s Largest Mobile Signature Rollout</a></li><li><a href='http://www.turkeyfinancial.com/news/2008/02/28/turkeys-real-estate-sector-to-pick-up-pace/' rel='bookmark' title='Permanent Link: Turkey&#8217;s real estate sector to pick up pace'>Turkey&#8217;s real estate sector to pick up pace</a></li></ol>]]></description>
		<link>http://www.turkeyfinancial.com/news/2011/11/03/turkey%e2%80%99s-e-commerce-grows-at-rapid-pace/</link>
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		<title>Turkey should renew 8 million houses in 20 years</title>
		<description><![CDATA[The number of buildings needing to be renewed in Turkey over the next two decades is estimated to be 8 million, according to a chief construction sector representative. “The renovation of 8 million dwellings over the next 20 years will generate an annual value of 28 billion Turkish Liras for the Turkish economy and the [...]


Related posts:<ol><li><a href='http://www.turkeyfinancial.com/news/2008/03/26/toki-starts-new-projects-for-22000-houses/' rel='bookmark' title='Permanent Link: TOKİ starts new projects for 22,000 houses'>TOKİ starts new projects for 22,000 houses</a></li><li><a href='http://www.turkeyfinancial.com/news/2008/03/12/kiptas-puts-up-newest-houses-for-sale/' rel='bookmark' title='Permanent Link: KIPTAS puts up newest houses for sale'>KIPTAS puts up newest houses for sale</a></li><li><a href='http://www.turkeyfinancial.com/news/2008/04/21/turkeys-swimming-pool-sector-reaches-350-million-mark/' rel='bookmark' title='Permanent Link: Turkey&#8217;s swimming pool sector reaches $350-million mark'>Turkey&#8217;s swimming pool sector reaches $350-million mark</a></li></ol>]]></description>
		<link>http://www.turkeyfinancial.com/news/2011/11/03/turkey-should-renew-8-million-houses-in-20-years/</link>
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		<title>Iraqi governor invites more Turkish investors</title>
		<description><![CDATA[Baghdad could cooperate with Turkish companies in all fields, according to the Iraqi capital’s governor Salah Abdul-Razzaq. Speaking at the inauguration of the “Turkish-Iraqi Trade Summit” in Istanbul on Tuesday, Abdul-Razzaq said that Iraq allocated $30 billion for new projects in 2011 and this figure would go higher next year. Iraq is among the 10 [...]


Related posts:<ol><li><a href='http://www.turkeyfinancial.com/news/2008/11/28/iraq-central-government-iraqi-kurds-agree-oil-exports-to-turkey/' rel='bookmark' title='Permanent Link: Iraq central government, Iraqi Kurds agree oil exports to Turkey'>Iraq central government, Iraqi Kurds agree oil exports to Turkey</a></li><li><a href='http://www.turkeyfinancial.com/news/2008/10/18/japans-mitsubishi-japex-in-talks-with-turkey-on-iraqi-oil-cooperation/' rel='bookmark' title='Permanent Link: Japan&#8217;s Mitsubishi, Japex in talks with Turkey on Iraqi oil cooperation'>Japan&#8217;s Mitsubishi, Japex in talks with Turkey on Iraqi oil cooperation</a></li><li><a href='http://www.turkeyfinancial.com/news/2008/02/27/3rd-iraqi-international-fair-to-be-held-in-gaziantep/' rel='bookmark' title='Permanent Link: 3rd Iraqi International Fair to be held in Gaziantep'>3rd Iraqi International Fair to be held in Gaziantep</a></li></ol>]]></description>
		<link>http://www.turkeyfinancial.com/news/2011/10/25/iraqi-governor-invites-more-turkish-investors/</link>
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		<title>Philips may revisit Turkey for growth</title>
		<description><![CDATA[Philips is seeking double-digit growth in Turkey, according to a top executive. The Dutch company is planning to relaunch manufacturing in the country. Multinational Dutch company Philips is aiming for aggressive growth in the robust Turkish market, according to the top executive of the Turkish branch of the company, who noted that Phillips is considering [...]


Related posts:<ol><li><a href='http://www.turkeyfinancial.com/news/2008/02/12/turkcell-plans-purchases-as-growth-outpaces-vodafone/' rel='bookmark' title='Permanent Link: Turkcell plans purchases as growth outpaces Vodafone'>Turkcell plans purchases as growth outpaces Vodafone</a></li><li><a href='http://www.turkeyfinancial.com/news/2009/09/14/oecd-official-turkey-to-regain-fast-growth-in-2010/' rel='bookmark' title='Permanent Link: OECD official: Turkey to regain fast growth in 2010'>OECD official: Turkey to regain fast growth in 2010</a></li><li><a href='http://www.turkeyfinancial.com/news/2008/02/12/mitsubishi-ceo-kojima-turkey-promises-growth/' rel='bookmark' title='Permanent Link: Mitsubishi CEO Kojima: &#8221;Turkey promises growth&#8221;'>Mitsubishi CEO Kojima: &#8221;Turkey promises growth&#8221;</a></li></ol>]]></description>
		<link>http://www.turkeyfinancial.com/news/2011/10/25/philips-may-revisit-turkey-for-growth/</link>
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		<title>Turmoils shift the axis of Islamic investments</title>
		<description><![CDATA[The ongoing unrest in North Africa and the Middle East have directed many investors from Gulf countries to Turkey. The newcomers include many Islamic bankers, says to top executive of Dubai-based Noor. Turkey has attracted significant investments from Gulf countries as well as Islamic bankers due to the Arab Spring in the Middle East and [...]


Related posts:<ol><li><a href='http://www.turkeyfinancial.com/news/2008/11/04/turkey-in-expanded-dow-jones-islamic-index/' rel='bookmark' title='Permanent Link: Turkey in expanded Dow Jones Islamic Index'>Turkey in expanded Dow Jones Islamic Index</a></li><li><a href='http://www.turkeyfinancial.com/news/2008/11/24/germany-eyes-islamic-finance/' rel='bookmark' title='Permanent Link: Germany eyes Islamic finance'>Germany eyes Islamic finance</a></li><li><a href='http://www.turkeyfinancial.com/news/2007/05/04/dubai-islamic-bank-interested-in-turkey/' rel='bookmark' title='Permanent Link: Dubai Islamic Bank interested in Turkey'>Dubai Islamic Bank interested in Turkey</a></li></ol>]]></description>
		<link>http://www.turkeyfinancial.com/news/2011/10/25/turmoils-shift-the-axis-of-islamic-investments/</link>
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		<title>Unemployment in Turkey falls to 9.1 percent</title>
		<description><![CDATA[Turkey’s unemployment rate fell 1.5 percentage points to 9.1 percent for the period between June and August, according to data published today by Turkey’s official statistical agency (TÜİK). The number of unemployed fell by 273,000 to 2.50 million people in the period compared to the same period last year. Urban unemployment fell by 1.7 points [...]


Related posts:<ol><li><a href='http://www.turkeyfinancial.com/news/2008/04/16/2567000-jobless-in-turkey/' rel='bookmark' title='Permanent Link: Unemployment rises to 11.3 percent, informal labor down 4.5 points'>Unemployment rises to 11.3 percent, informal labor down 4.5 points</a></li><li><a href='http://www.turkeyfinancial.com/news/2008/03/18/unemployment-rises-to-106-percent/' rel='bookmark' title='Permanent Link: Unemployment rises to 10.6 percent'>Unemployment rises to 10.6 percent</a></li><li><a href='http://www.turkeyfinancial.com/news/2008/02/16/turkeys-unemployment-rate-on-the-rise/' rel='bookmark' title='Permanent Link: Turkey&#8217;s unemployment rate on the rise'>Turkey&#8217;s unemployment rate on the rise</a></li></ol>]]></description>
		<link>http://www.turkeyfinancial.com/news/2011/10/20/unemployment-in-turkey-falls-to-9-1-percent/</link>
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		<title>Central Bank bleeding heavily in fight for lira</title>
		<description><![CDATA[The Turkish Central Bank’s already moderate foreign exchange reserves, which fell to $85.9 billion Turkish Liras as of Oct. 14 down from $93 billion at the end of July, signal a risky shrink as the bank continues to sell U.S. dollars in a bid to defend the value of the lira. The figure announced by [...]


Related posts:<ol><li><a href='http://www.turkeyfinancial.com/news/2009/02/19/turkish-central-bank-cuts-interest-rates-by-150-bps-in-february/' rel='bookmark' title='Permanent Link: Turkish Central Bank cuts interest rates by 150 bps in February'>Turkish Central Bank cuts interest rates by 150 bps in February</a></li><li><a href='http://www.turkeyfinancial.com/news/2008/11/21/markets-keep-sliding-as-central-bank-reduces-interest-rates/' rel='bookmark' title='Permanent Link: Markets keep sliding as central bank reduces interest rates'>Markets keep sliding as central bank reduces interest rates</a></li><li><a href='http://www.turkeyfinancial.com/news/2008/11/18/central-bank-likely-to-keep-key-rate-same/' rel='bookmark' title='Permanent Link: Central Bank likely to keep key rate same'>Central Bank likely to keep key rate same</a></li></ol>]]></description>
		<link>http://www.turkeyfinancial.com/news/2011/10/20/central-bank-bleeding-heavily-in-fight-for-lira/</link>
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		<title>It’s Turkey time, board report says</title>
		<description><![CDATA[This is the best time to invest in Turkey, according to a recent report that will be presented to U.S. investors and fund managers who decide on the flow of millions of dollars in funds. The Boston Consulting Group’s Turkey branch and the Foreign Economic Relations Board of Turkey (DEİK) will present today a report [...]


Related posts:<ol><li><a href='http://www.turkeyfinancial.com/news/2008/11/21/turkeys-geopolitical-importance-to-increase-in-2025-us-report/' rel='bookmark' title='Permanent Link: Turkey&#8217;s geopolitical importance to increase in 2025- U.S. report'>Turkey&#8217;s geopolitical importance to increase in 2025- U.S. report</a></li><li><a href='http://www.turkeyfinancial.com/news/2008/10/30/europerisk-says-world-economic-forum-report/' rel='bookmark' title='Permanent Link: Europe@Risk, says World Economic Forum report'>Europe@Risk, says World Economic Forum report</a></li><li><a href='http://www.turkeyfinancial.com/news/2008/02/02/report-outlines-emerging-trends/' rel='bookmark' title='Permanent Link: Report outlines emerging trends'>Report outlines emerging trends</a></li></ol>]]></description>
		<link>http://www.turkeyfinancial.com/news/2011/10/20/it%e2%80%99s-turkey-time-board-report-says/</link>
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		<title>Russians pledge Matryoshka like four-layer safety in Turkey plant</title>
		<description><![CDATA[As the entire world is now struggling to decide if states’ efforts to develop nuclear energy should continue after what recently happened in Japan’s Fukushima Daiichi nuclear power plant following the March 11 twin earthquake and tsunami disasters, there is also an ongoing public debate in Turkey: People wonder if the Justice and Development Party [...]


Related posts:<ol><li><a href='http://www.turkeyfinancial.com/news/2008/06/27/turkey-to-build-second-nuclear-plant-in-sinop/' rel='bookmark' title='Permanent Link: Turkey to build second nuclear plant in Sinop'>Turkey to build second nuclear plant in Sinop</a></li><li><a href='http://www.turkeyfinancial.com/news/2008/04/07/four-companies-to-bid-for-turkeys-nuclear-power-plant/' rel='bookmark' title='Permanent Link: Four companies to bid for Turkey&#8217;s nuclear power plant'>Four companies to bid for Turkey&#8217;s nuclear power plant</a></li><li><a href='http://www.turkeyfinancial.com/news/2008/11/04/govt-signals-second-nuclear-power-plant/' rel='bookmark' title='Permanent Link: Gov&#8217;t signals second nuclear power plant'>Gov&#8217;t signals second nuclear power plant</a></li></ol>]]></description>
		<link>http://www.turkeyfinancial.com/news/2011/04/26/russians-pledge-matryoshka-like-four-layer-safety-in-turkey-plant/</link>
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