Latest News from Turkey

Expect a shift in Turkish foreign policy soon

It will soon be clear, perhaps within weeks, whether a coalition government will be formed in Turkey, preventing the country from being dragged to another election this year.

Syrian Turkmens form party in Turkey's south

Turkmens, who have fled from Syria to Turkey due to the Syria?s ongoing war, have established a political party in Turkey?s southern province of Osmaniye. 

The Syria Turkmen Development Party was established in Osmaniye by a group of Syrian Turkmens, party leader Ömer ?sa and party spokesman Hasan Musullu said during a press meeting at their party?s headquarters. 

Russian billionaire anchors off of Turkey's Aegean coast

One of world?s richest businessmen, Russian billionaire Oleg Deripaska, anchored two of his yachts off the idyllic coasts of Turkey?s Bodrum province on June 22. 

Deripaska headed to his yacht ?Sputnik? (R) after landing at the Milas-Bodrum Airport in his private jet. He then went aboard his other 75-meter yacht ?Queen K,? joining his wife Polina and their two children.

KRG hires banks to arrange bond roadshow in London

The Kurdistan Regional Government (KRG) announced it is meeting investors in London this week, with an eye to a "potential transaction in the near future."

Armenian pianist performs at Ani ruins

Award-winning Armenian jazz pianist Tigran Hamasyan performed a concert on June 21 in the historic ruins of Ani, located on the Turkish-Armenian border. 

Turkish ministers split on export award to key graft suspect

Two leading members of the Turkish government have been poles apart regarding their attendance of a ceremony in which a controversial Iranian-Turkish businessman, involved in a huge corruption scandal that has since shaken the country, was awarded for his company's high export performance.

Turkish lender to offer loans for in vitro fertilization in Bosnia

A Turkish company, Bahçeci Test-Tube Baby Center, has agreed with Turkish lender Ziraat Bank to enable Bosnian families that want to have a baby through in vitro fertilization to acquire cheaper loans. 

The bank will now offer interest-free loans worth around 15,000 Turkish Liras ($5,600) for a 36-month time frame. 

Turkish oil refinery becomes local export champion of 2014

Turkish energy giant Tüpra? has been named the country's exports champion in 2014, while partnering foreign carmakers dominated the top 10 list of leading exporters, according to a survey by the Turkish Exporters' Assembly (T?M).

The company exported $3.7 billion worth of petroleum products last year, down from $4.1 billion in 2013 and $5.42 billion in 2012.

Turkish women punch quarterfinals ticket at European championship

The Turkish women's national basketball team has beaten the Czech Republic in its last group game at Eurobasket 2015, booking a spot in tomorrow's quarterfinal clash. 

Nevriye Y?lmaz had a game-high 23 points as Turkey secured first place in Group E on June 21 with a 59-48 win over the Czechs, who were eliminated with a 3-4 record in the tournament.

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