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Turkish businesspeople turning to citizenship by investment for visa-free travel

Turkish businesspeople, who have been facing serious problems in their business trips to European countries and the US mainly due to prolonged waiting periods...

Amazon to invest more than $100 mln in new Turkey logistics base

Amazon.com Inc said on Wednesday it will set up a logistics base in Turkey to meet rising demand, with a more than $100 million...

Turkey’s new economy team fails to halt demand for US dollars

Turhan BozkurtThe Turkish economy team has backed down on its opposition to high interest rates, and the central bank hiked rates last week....

Turkey’s Erdoğan expects interest rates to fall further: report

Turkish President Recep Tayyip Erdoğan said on Monday he hopes market interest rates will fall further in order to make investments in the country...

European bank seeks to increase investment in Turkey’s railways

Europe’s Bank for Reconstruction and Development (EBRD) expects to increase its €1 billion of investment in Turkey in the coming year, with railways slated to get...

Turkish president unveils domestically produced car project: report

Turkey unveiled prototypes for its “domestic car” project on Friday, as the government announced sweeping incentives to back President Recep Tayyip Erdoğan’s ambition to create a...

Turkey’s Erdoğan pledges more interest rate cuts next year

President Recep Tayyip Erdoğan has pledged that the country’s interest rates would see a deeper cut in 2020, calling on businessmen around the world to invest...

Volkswagen nears decision to build car plant in Turkey: report

German carmaker Volkswagen is nearing a decision on building a new plant in Turkey, a board member told reporters in Berlin on Thursday, according to Reuters.“We...

Czech PM says Volkswagen to make large investment in Turkey

German carmaker Volkswagen is making a large investment in Turkey, Czech Prime Minister Andrej Babis said on Tuesday, according to Reuters.“We have heard that Volkswagen is...

Turkey’s top 500 firms used 90 pct of profits to pay down debt in 2018: report

Turkey’s top 500 companies in 2018 spent nearly 90 percent of their profits to pay down their debts from previous years, according to a study published...

Qatar pledges to make $15 billion investment in Turkey

Qatar has pledged $15 billion of investment in Turkey that will be channeled into Turkish financial markets and banks, Reuters reported, citing a government...

US senator tells American businesses to avoid investing in Turkey

US Senator James Lankford of Oklahoma told American businessman he would not recommend going to Turkey for business due to its poor treatment of US citizens, during...

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