Latest News from Turkey
Investment agency chief expects significant rise in FDI inflow to Turkey after elections
A significant increase in the FDI inflow to Turkey is expected in the second half of the year, following an 18-month election period, said head of World Association of Investment Promotion Agencies (WAIPA), ?lker Ayc?.
The energy sector is expected to get the lion's share in luring investments, he added.
Armenian politician vows to 'oust' leader of Turkey's Liberal Party
A young politician has set his eyes on becoming Turkey?s first Armenian party leader by ?staging a coup? inside Liberal Democratic Party (LDP).
The LDP?s Istanbul deputy candidate Arda Karap?nar told Turkish news portal Radikal on May 28 that he is ready to replace the party?s seasoned chair, Cem Toker.
Cargill to acquire majority stake in Turkey's Ekol G?da
The U.S.-based food giant Cargill announced on May 27 that one of its units has agreed on terms to acquire a 51 percent stake in Ekol G?da, which operates in the premixes and animal feed additives market in Turkey.
The deal, which is subject to regulatory approval, is expected to close in summer 2015, the company said in a press release.