Koç family

Selçuk Bayraktar, chairman and chief technology officer (CTO) of Türkiye's leading drone maker Baykar, topped the list of highest-income taxpayers in 2023, the country's Revenue Administration said on Aug. 28.

Last year, 1.95 billion Turkish Liras ($52.4 million) of income tax accrued to Selçuk Bayraktar.

Trade Secretary Jonathan Reynolds is set to deliver trade negotiations with international partners, including Türkiye, the Gulf Cooperation Council and India, the U.K. government has said in a statement.

Turkish energy firm Energy Exchange Istanbul (EXIST) held onto the top spot on Fortune magazine's top 500 Turkish companies list in terms of net sales.

EXIST's sales last year totaled 839 billion Turkish Liras ($36.1 billion), rising 4.9 percent from 2022, according to a statement issued by the magazine.

Koç Holding has announced that discussions for the sale of shares in its banking unit Yapı Kredi Bankası have been terminated.

Preliminary discussions were ongoing regarding the sale of our shares in our subsidiary Yapi ve Kredi Bankası, the Turkish conglomerate said in a filing with Borsa Istanbul.

Suna and İnan Kıraç Foundation Pera Museum presents the exhibition "PƎRⱯ Reverse" in collaboration with Bauhaus-Universität Weimar's "Practices and Politics of Representation" class, led by Professor Mona Mahall with Yelta Köm and Hochschule für Künste Bremen's "Temporary Spaces" class of Professor Aslı Serbest.

The fourth museum after the ones in Istanbul, Ankara and Cunda, the Ayvalık Rahmi M. Koç Museum has welcomed its guests since the beginning of the year. The museum's opening was celebrated with an event hosted by Koç Holding Honorary President Rahmi M Koç

After Goldman Sachs increases its earning per share (EPS) estimates for the Turkish banks in its coverage earlier this month, this time Bank of America (BofA) lifted its EPS for Turkish lenders.

"We continue to have a positive view on Turkish private banks," BofA said in a report released on Feb. 19.

The combined net profit of the companies, whose shares are traded on the stock exchange, increased by 75 percent in the third quarter to hit 444 billion Turkish Liras ($15.6 billion).

A total of 26 names from Türkiye entered the 2023 billionaires list published by Forbes, while İbrahim Erdemoğlu, the owner of a holding company manufacturing carpet, has officially surpassed Yıldız Holding chair Murat Ülker to take the title of the country's richest billionaire.

Within the scope of the "Istanbul Today" exhibition, the Suna and Inan Kıraç Foundation Pera Museum is hosting an interdisciplinary performance that brings documentary theater, sound installation, visual arts and live music together.