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Istanbul Finance Center ‘to help draw investment’
Istanbul Finance Center (IFM) will enhance Türkiye's potential of attracting foreign capital inflow, President Recep Tayyip Erdoğan said on April 17.
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Albanians Rally for ‘Liberators’ Outside Hague War Crimes Court
"We refuse to have our history distorted," one protester said when he took loud speaker in his hand to address the protest.
Tahir Citaku made a trip of more than 700 kilometres from the Swiss city of Basel to The Hague to protest against the trial.
Tahir Citaku. Photo: BIRN.
19 Canceled Flights between Bulgaria and Germany due to the Strike at German airports
Due to the strikes at the German airports, 19 flights to and from the airports in Sofia and Varna have been canceled for today and in the early hours of tomorrow.
According to the information reported, the canceled flights are as follows:
Canceled flights landing at Sofia Airport:
12.10 p.m. - from Munich;
12.10 p.m. - from Hamburg;
Boosted by war, German arms maker joins DAX index
German arms manufacturer Rheinmetall joined Frankfurt's blue-chip DAX index yesterday, highlighting the improving fortunes of the country's weapons industry as the Ukraine war spurs demand.
In a country still haunted by Nazi atrocities during World War II, Germany's weapons manufacturers were far from the country's most celebrated firms.
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UBS to buy Credit Suisse for nearly $3.25B to calm turmoil
Banking giant UBS is buying troubled rival Credit Suisse for almost $3.25 billion, in a deal orchestrated by regulators to stave off further market-shaking turmoil in the global banking system.
Istanbul Airport busiest in Europe last year
Istanbul's mega airport was the busiest in Europe last year, according to the latest data from Eurocontrol.
It was again a very close race for the top spot, with İGA Istanbul narrowly finishing the year on top with 1,156 daily movements. Amsterdam Schiphol takes the second spot with 1,140 daily flights, down 18 percent from 2019, Eurocontrol said in a report.
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Istanbul Airport busiest in Europe in third quarter
Istanbul was the busiest European airport and the only major European hub whose passenger volumes exceeded pre-pandemic levels in the third quarter of 2022, according to the Airports Council International Europe (ACI Europe).
Its passenger traffic increased by 3 percent from the third quarter of 2019 and rose nearly 56.1 percent when compared to the third quarter of 2021.
Property boom coming to an end, report warns
The property boom is coming to an end, according to a study by Swiss bank UBS, with Frankfurt and Toronto topping the list of imbalanced markets.
The bank's annual study of the world property market looked at prices in 25 major cities across the globe.
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German Airline Lufthansa Cancels 800 Flights as Pilots go on Strike
German airline Lufthansa has canceled 800 flights both passenger and cargo flights on Friday after pilots union 'Vereinigung Cockpit' announced they are going on a planned all-day strike.
Istanbul Airport ranked busiest in Europe
Istanbul Airport has been ranked as the busiest airport in Europe with 1,310 flights between Aug. 24 and 30, according to data from EUROCONTROL.
According to the weekly report, which also compares the flight performances before the pandemic, many airports in Europe lagged far behind 2019 figures, while Istanbul Airport increased its flights by 2 percent.
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