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11 percent more Turks apply for European patent protection in 2015

The number of Turkish-owned businesses who applied to be covered by European patents increased by 11 percent in 2015 compared to a year ago,...
Business

Communication Technologies Authority given right to cut internet access

Information and Communication Technologies Authority (BTK) was given the right to cut the internet access and telephone connections in times of emergencies, which is...
Business

Report: Trial addressing Zarrab’s bail request postponed to June 7

A trial to address Iranian-born Turkish businessman Reza Zarrab’s bail request was postponed to June 7 after the judge decided to examine the submitted...
Business

Number of tourists visiting Turkey drops lowest since 1999 in April

Ministry of Culture and Tourism has released statistics on tourists, stating that the number of tourists visiting Turkey decreased 28 percent in April, compared...
Business

House sales to foreigners in Turkey decreases in April

The number of houses sold to foreigners in Turkey decreased 14.4 percent in April, compared to the same month of the previous year, according...
Business

Turkey to auction Islamic lender shares after controversial seizure

Turkey will auction the shares of local Islamic lender Bank Asya following a controversial seizure in May 2015, the state-run Savings Deposit Insurance Fund...
Business

İstanbul records lowest hotel occupancy rate in 10 years

Hotel Association of Turkey (TÜROB) has said in a report -- based on data from STR Global – that hotel occupancy rates in İstanbul...
Business

Report:  91 Turkish citizens included in Zarrab’s case

At least 91 Turkish citizens were included in a case in which an Iranian-born Turkish businessman, Reza Zarrab is tried on charges of evading...
Business

Security threats in Turkey, others hit Thomas Cook’s summer bookings

The UK-based travel operator Thomas Cook said Thursday that its summer bookings fell amid declining interest in holidays in Turkey, Tunisia and Egypt as...
Business

US attorney rejects Turkish businessman Zarrab’s request for 50 million dollar bail

A New York attorney rejected Thursday 50 million dollar bail request of the Iranian born Turkish businessman Reza Zarrab, who was arrested in the United...
Business

Istanbul needs long-term strategy to facilitate mobile taxi services

There may be little room left in Istanbul’s roads to fit more cars but the city has a big potential to make the best...
Business

Unemployment rate rises to 11-month high in Turkey

Turkey's unemployment rate rose to an eleven-month high of 11.1 percent in January from 10.8 percent in December, the Turkish Statistics Institute (TurkStat) has...
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