Ali Koç

Low participation from Ankara at this year's Davos

There will be a limited participation from Ankara at the 47th World Economic Forum in Davos on Jan. 17-20, due to the ongoing debates over the constitutional amendment vote.   

Unless there is a last minute change, Deputy Prime Minister Mehmet Şimşek will participate, along with Central Bank Governor Murat Çetinkaya. 

Tech businessman Erol Bilecik to head Turkey's top business organization

Erol Bilecik, a leading tech businessman, is set to become the new president of the Turkish Industry and Business Association (TÜSİAD) in an unusual move, according to sources close to the matter. 

TÜSİAD will elect its new president in a general board meeting in the upcoming days. 

Koç awaits gov't approval to start mass production of domestic Turkish battle tank Altay

Koç Holding's Otokar has completed a seven-year prototype development process and will commence the mass production of 250 Altay main battle tanks as soon as it receives approval from Turkish authorities, according to a top company representative. 

Fener finds courage in 5-0 win

Istanbul's Fenerbahçe found some relief in a stunning 5-0 win against a strong Kardemir Karabükspor on Oct. 30 at home, following a historically bad start to the Turkish league.

Fener coach Dick Advocaat was happy with the win but poor attendance at the game bothered the experienced Dutchman. 

Koç group's Otokar 'ready for the mass production' of Turkish indigenous battle tank Altay

Turkish defense and civil industry firm Otokar, a branch of the leading Koç Group that undertook the design phase of Altay battle tanks, has said it is ready to undertake the mass production of the country's first ever domestic tank.