Under the deal, commercial banks will be able to expand their product range corresponding to international trade and finance activities Vakifbank, Turkish state lender, and Chinese private lender ICBC Turkey made their first transactions in local currency, Chinese yuan. It went under a swap agreement […]
BUSINESS
Google to charge extra fees for ads in Austria, Turkey and UK
Fee includes all manner of online advertisements and services that allow digital content to be heard, watched or downloaded Google to start charging new fees for ads served in the U.K., Turkey and Austria beginning Nov. 1, the company said in an e-mail sent to […]
Turkish firm awarded for global healthcare device
Company’s products and technologies are mostly focused on endovascular treatment solutions in addition to a wide range of medical conditions RD Global & INVAMED, a Turkish-based international medical device and pharmaceutical company, has been selected as the leading medical device producer in the field of […]
Introducing VCs in Turkey: Diffusion Capital Partners
DCP is Turkey’s first deep-tech investor and invested 37 million Euros with the first fund, now the second fund will be operational by the end of September As Turkey’s first deep-tech fund, Diffusion Capital Partners (DCP) was founded in 2015 by four partners. “When choosing […]
Japan registers designs of Turkey’s domestic car
Having registered by European Union Intellectual Property Office (EUIPO) in May and Chinese Patent Agency (CNIPA) in June, now JPO registered TOGG Japan Patent Office (JPO) has registered the designs of Turkey’s first domestically produced car by the Automobile Joint Venture Group (TOGG), according to […]
Turkish company to launch electric excavator in 2022
Hicon 7W can be used for eight hours after one and a half hours of fast-charging Hidromek, a Turkish construction equipments manufacturer, announced it would have its electric wheeled excavator ready in 2022. The seven-ton Hicon 7W is the first in the world to run […]
Turkey’s tourism revenues could hit $15B in 2020 amid COVID-19
While the industry enjoys a rising number of tourists, the numbers are far from the previous year Turkey’s tourism industry could generate $15 billion by the end of 2020, according to Birol Akman, chairman of the Anatolian Tourism Operators Association and board member of the […]
Turkish defence companies form world’s top 100 list
The U.S magazine announced top 100 defence firms and seven Turkish companies make the list Seven Turkish defence companies included this year’s list of the world’s top 100 defence firms. U.S.-based Defense News magazine lists the top level defence industry companies globally based on sales versus the previous year. This […]
COVID-19 hotline launched all around Turkey
The scheme to to oversee the supervision of COVID-19 inspections and collects tipoffs from citizens regarding the violation of measures A scheme called the Provincial Health Inspection Center (İSDEM) has become operational across Turkey. İSDEM to oversee the supervision of COVID-19 inspections and collects tipoffs from […]
Facebook to grant 7 million liras to Turkish SMEs
Social media giant had recently announced a $100 million grant to help 30,000 thousand SMEs from more than 30 countries Facebook announced that it launched a grant program of 7 million Turkish Liras ($946,000) to support SMEs in Istanbul. Eligible SMEs that want to benefit from […]