Turkey was awarded the Best Overseas Destination prize at the 6th Road Trip Festival 2019 held in China. The event was organized within the scope of “I Driver Ceremony” by China Self-Driving Club in Shanghai. According to a statement by the Culture and Tourism Ministry, Kenan Ağa, the consul at the Turkish Consulate General in […]
Fifty-eight Turkish companies traded on Borsa Istanbul received last year investments worth $707 million from Norway’s Oil Fund, the world’s largest sovereign wealth fund worth over $1 trillion, according to the Norges Bank Investment Management. The fund’s equity investments in eight Turkish energy companies totaled at around $111 million. It invested in Aygaz, Kardemir Karabük […]
Steeped in history with a landscape that encompasses beaches and soaring mountains, Turkey has acted as the gateway between Europe and Asia for thousands of years. Being a place of trade and of exchanging cultures has made Turkey a richly diverse country. The point where East meets West, the wealth of culture and breadth of […]
The sustainable increase in Turkish exports continued in February with a 3.4 percent monthly rise. The sales of goods to target markets like India and Mexico also recorded substantial growth last month The upward trend in Turkish exports was not an exception last month, and the exporters recorded the highest February figures ever, according to […]
The Turkish heavy equipment sector is setting out to take a larger share from China, the world’s largest heavy equipment market. With exports to over 130 countries, the sector aims to reach $5 billion in exports in 2023. China carries significant potential for Turkish companies in terms of getting a share of the overall market […]
Foreign construction companies are showing particular interest in construction of the shipping channel in Istanbul, the Turkish Ministry of Transport and Infrastructure told Trend Feb. 7. The preparation of the shipping channel construction project in Istanbul has been completed, according to the ministry. “The Istanbul shipping channel construction project is one of the most important […]