Ömer Cihad Vardan

Turkish Aerospace Industries (TAI) has won a tender to supply the Malaysian Air Forces with unmanned aerial vehicles.

The Turkish company outbid firms from China, the U.S. and Italy.

TAI will produce three ANKA model drones for the Malaysian army and install ground control systems.

Nail Olpak was appointed as the new chair of Turkey's Foreign Economic Relations Board (DEİK) on Sept. 22, after Ömer Cihad Vardan resigned from the post due to personal reasons.

Olpak is the former president of the Independent Industrialists and Businessmen Association (MÜSİAD) and he previously worked at various positions in the DEİK, including the vice chairmanship.  

Turkey's leading defense companies Aselsan and Turkish Aerospace Industries (TAI, also known as TUSAŞ) signed a deal with the Indonesian companies PT Dirgantara and PT Len on July 6 to collaborate on defense products.

The Foreign Economic Relations Board (DEİK) will soon adopt a state-basis model in its approach to the United States, establishing business councils in a number of states across the country rather than only in the capital Washington, DEİK President Ömer Cihad Vardan has told daily Dünya. 

Turkish companies' foreign direct investment (FDI) outflow has increased by 10 times over the past 15 years, according to an index released on May 17.

Turkey's top bosses have called for the restoration of national unity and the realization of key structural reforms in the post-referendum process. 

Representatives from Turkey's top business organizations have condemned a Dutch move to prevent Turkish ministers from visiting the country, describing the move as "unacceptable" while calling for diplomacy to end the crisis.

Turkey and Belarus have set a trade target at $1 billion following a 10-fold growth in 14 years. 

More than 450 businesspeople participated in the Belarus-Turkey Business Forum held by DEİK and the Belarus Chamber of Trade and Industry as part of President Recep Tayyip Erdoğan's official visit to the capital city of Minsk on Nov. 11. 

DEİK has increased its lobbying activities at the heart of the EU in line with the 'mobilization' declared following the failed coup attempt. DEİK has intensified its lobbying activities in Brussels in the aftermath of the failed coup attempt.

Turkey will seek an investment of over $1 billion from U.S. companies during President Recep Tayyip Erdo?an's official trip next week, the head of Turkey's Foreign Economic Relations Board (DE?K) said on March 26.