Anadolu Agency

Rare portraits of Ottoman sultans to be sold at London auction

British auction house Christie's will offer collectors a chance to purchase the rare portraits of six Ottoman sultans - Orhan Gazi, Bayezid I, Isa Chelebi, Mehmed I, Selim I and Selim II - when they go under the hammer on Oct. 28.

The portraits are expected to fetch a total of 800,000 to 1.2 million pounds ($1.1 million - $1.64 million).

Turkish Central Bank lowers interest rates by 200 basis points

The Turkish Central Bank on Oct. 21 lowered its one-week repo rate by 200 basis points, well above market expectation.

The policy rate- also known as the one-week repo rate- decreased to 16% from 18%, the bank said in a statement following its 10th Monetary Policy Committee (MPC) meeting this year.

Local authorities in Turkish metropolis make critical move over taxi crisis

A row over taxis in Istanbul that has been going on for nearly two years has turned to a critical point after a practice that local officials promised to bring to life: A 1986-dated decision that stipulated that taxi licenses should be given to those who make a living only from driving.

Bear cub gets window on world with help of Turkish vets

A visually impaired bear cub is showing improvement after treatment by dedicated Turkish veterinarians, and now can partially see for the first time, his doctors said on Oct. 17.

The eight-month-old bear cub, named Turkuaz, was taken into special care at the Wildlife Rescue and Rehabilitation Center in Karacabey in Bursa, northwestern Turkey. His sight has been impaired since birth.

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