Eastern Mediterranean
Strategic financing pack reaches 11,500 firms
A financing package in Turkey for strategic sectors has reached 11,500 companies so far, Turkish state lenders announced in a joint press release on Aug 5.
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Hotel to open in ski center in Hakkari
Merga Bütan Ski Center in Turkey's southeastern province of Hakkari will soon have its first a hotel with a capacity of 100 beds. The decision was fueled by the authorities' desire to make the center a popular choice for tourists.
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Turkey says all parties should cooperate in eastern Mediterranean
Turkey's Foreign Minister Mevlut Cavusoglu called on all parties in the eastern Mediterranean to cooperate with Turkey to solve problems in the area.
Turkey has sent two drilling ships to explore for gas in the waters off the divided island of Cyprus, prompting accusations from Greece that it is undermining security in the region.
Cyprus ready to push on migration question
Cypriot Interior Minister Constantinos Petrides is drafting a letter for his EU counterparts, in which he is expected to formally ask for a number of individuals under protection status in the Republic of Cyprus to be relocated to other member states.
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Turkey never ignores any solutions on Cyprus: Turkish FM
Turkey never ignores any solutions on Cyprus as it is a "national cause for us", the country's foreign minister said on Aug. 5.
Islam economy institute to hold int'l studies
Turkey's first institute on Islamic economy and finance aims to conduct international academic studies from Turkey's economic hub of Istanbul.
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Turkey exports 262,000 tons hazelnut in 11 months
Turkey's hazelnut exports hit nearly 262,000 tons from last September to this July, a regional trade union announced on Aug. 2.
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Ankara renews Cyprus threats
In a further escalation of tensions with Cyprus, Turkish Defense Minister Hulusi Akar has ruled out any possibility that Ankara will give up its guarantor status on the island and said that it will continue its illegal drilling activities there.
Turkey, Akar said, is a guarantor power on Cyprus and "will continue to use this right as it has in the past."
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Foreigners' share in house sales climb to 4%
Foreigners' investment in the Turkish housing sector has gained momentum recently with almost 4% houses sold to non-Turkish people in the first half of 2019, said the country's statistical authority on Aug. 2.
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Turkey can make Syria safe zone without US agreement: Ministry
If efforts to find common ground with the U.S. prove unsuccessful, Turkey will have to create a safe zone in Syria on its own, said Turkey's Foreign Ministry on Aug. 2.