Sabancı family

Turkish budget airline Pegasus is looking to boost its flights between Europe and Turkey following a recovery in demand this year as the security situation improved, its chief commercial officer said.

The events Istanbul's prominent art institutions will organize one after another immediately after Eid al-Adha will leave their mark on the city.

If it's necessary to identify them by order of date, the Sakıp Sabancı Museum will host the Chinese dissident contemporary artist Ai Weiwei, who preoccupies himself with world issues on Sept. 12.

Sabancı Holding, a prominent Turkish conglomerate, saw its consolidated sales increase 11 percent to 19.2 billion Turkish Liras (around $5.45 billion) year-on-year in the first half of 2017, the business said on Aug. 18.        

Turkey's Akbank announced on Aug. 15 that it had secured another $1.15 billion equivalent multi-currency syndicated loan for 2017.      
 
The loan, which breaks down into facilities of $542.6 million and 515.1 million euros, marks the bank's second round of refinancing in 2017 and will be used for the lender's trade finance and for general corporate purposes.        

The sun is out now and we have forgotten about the flood disaster that took place on Tuesday in Istanbul.
These types of flood disasters are the new norm in the world, according to Ümit Şahin, the Istanbul Policy Centre Climate Studies Coordinator.

The 24th Istanbul Jazz Festival will finish with a concert on July 21, featuring the Syrian Women's Chorus, composed of Syrian women who migrated to Istanbul.

In the concert, the chorus will accompany the Syrian saxophone player Basel Rajoub's band "Sorina" and Sirojiddin Juraev, a master performer of long-necked lutes from Central Asia.

A leading British consultancy named Türk Telekom on June 14 as Turkey's most valuable brand for 2017.        
According to the London-based Brand Finance valuation consultancy's list of top 100 Turkish brands for the year, the integrated telecommunications service provider topped the list with a brand value worth more than $2.6 billion.        

Members of the families that own Turkey’s two biggest groups of companies sold a combined total of about $575 million in shares in their respective groups, as the benchmark Turkish stock index closed at a record high on Wednesday.

The head of Sabancı Holding has said the company's shares are currently trading at a discount of around 40 percent, and its priority is to increase this share value to an acceptable level, Reuters has reported. 

Speaking at a press conference in Istanbul on May 23, Sabancı Holding CEO Mehmet Göçmen said the company would apply a new management model by this summer. 

An Istanbul court on May 17 sentenced İsmail Akkol, one of the prime suspects in the 1996 assassination of Sabancı Holding board member Özdemir Sabancı, to an aggravated life sentence in one of the country's most notorious assassinations, state-run Anadolu Agency has reported.