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Moody's Investors Service has today assigned a Baa2 local-currency senior unsecured debt rating to the Turkish lira-denominated Eurobond (the notes) issued by Akbank TAS (Akbank). The outlook on the rating [...]

Moody's Investors Service has assigned a first-time Ba1 foreign-currency senior unsecured debt rating to Yapi ve Kredi Bankasi A.S. (Yapikredi). The outlook on the rating is positive. Moody's foreign currency [...]

According to ZF.ro, Americans from GE Money, the financial services giant General Electric, have decided to leave Romania after five years and investments of over 100 million euros, but without [...]

According to Capital.ro, three airlines originating from Arab countries and from Turkey are expected to launch, from 2011, new flights to and from Bucharest. Since January, Qatar Airways, will introduce [...]

Moody's Investors Service reiterates in a new report that its expectations of the likelihood of government support for insurers remain unchanged, despite the global financial crisis and the government support [...]

Moody's Investors Service has today changed the outlook to positive from stable on the Ba3 foreign-currency deposit ratings of 16 Turkish banks, the outlook on the Ba1 issuer rating of [...]

Moody's Investors Service has assigned a foreign currency senior unsecured debt rating of Ba1 to the Eurobond issuance (the notes),with US$1,000,000,000 principal amount with 5 year maturity, by Akbank T.A.S. [...]

Moody's Investors Service has assigned a provisional foreign currency senior unsecured debt rating of (P)Ba1 to the proposed Eurobond issuance (the notes) by Akbank T.A.S. (Akbank). The outlook on the [...]

Turkey under the leadership of Recep Tayyip Erdogan has adopted a new policy relating to Turkey's diplomatic, economic and military relations with the Western World. Therefore, one cannot avoid wondering [...]

(By: Aaron Nahumi and Dr. Gil Feiler). The last sequence of waves coming from Turkey concerning its new foreign policy should not be ignored. EU members must make a thorough [...]

Turk Telekom has posted an 88% increase in Q1 net profit to TRL546 million ($365.5 million) but warned growth would be below the 5% target due to mobile pricing. 1Q [...]

According to ANBA: To promote Jordan as a tourist destination in Brazil, the Arab country is participating in the 32nd Brazilian Association of Tourism Operators (Braztoa), which started yesterday (17th) [...]

According to Georgia today: Turkey will deport 12 illegal Georgian immigrants today, Trend News reported.According to the Georgian Consulate in Turkey, they are being held in a camp for illegal [...]

According to Egypt State Information Service: Foreign Minister Ahmed Abul Gheit had assigned Ambassador Abdul Rahman Salahdin, Assistant Foreign Minister for Arab Affairs, to head to Turkey for holding bilateral [...]

According to Cuban News Agency: The Havanatur-Chile company announced on Monday the first of six charter flights between Santiago de Chile and the Cuban tourist resort of Varadero, which will [...]

GOL Linhas A?reas Inteligentes S.A. (NYSE: GOL and Bovespa: GOLL4), the parent company of Brazilian airlines GOL Transportes A?reos S.A. ('GTA', Brazil's low-cost, low-fare airline) and VRG Linhas A?reas S.A. [...]

Moody's Investors Service has today withdrawn the ratings of Oyak Bank A.S. (Turkey) for business reasons. This action was taken with the consent of both parties following the acquisition of [...]

According to Turkiye, leading businessman and philanthropist Kadir Has passed away after a heart attack at the age of 86. Has was born in 1921 in Kayseri and graduated from [...]

According to 'Tehran Times', a Turkish company, Sabanci Group, is going to invest in mining, petrochemical and cement production, auto parts manufacturing, textile and recycling projects in this northwestern provincial [...]

According to 'Turkish Daily News', Turkish Airlines (THY) took delivery of a new Boeing 737-800 passenger plane in a ceremony at Istanbul's Ataturk Airport. THY's latest purchase brings the number [...]

Moody's Investors Service has today placed the Baa1/P-2 deposit ratings and C- Bank Financial Strength Rating of Sabanci Bank plc, the UK based bank, on review for possible downgrade. Moody's [...]

According to 'Tehran Times', 'We may ban flights between Iran and Turkey if Turkish Airlines does not cooperate with us,' head of the board of directors of Iran's Travel Agencies [...]

According to Turkiye, Prime Minister Recep Tayyip Erdogan said that competition among airlines had brought down ticket prices and improved quality. Speaking at a ceremony at Istanbul's Ataturk Airport marking [...]

According to Turkiye, during a Cabinet meeting, the assembled ministers agreed to nominate Ibrahim Sahin, undersecretary of the Transportation Ministry, as new head of the Turkish Radio and Television Corporation [...]

According to Turkiye, Prime Minister Recep Tayyip Erdogan is scheduled to travel to quake- stricken areas of Pakistan on Thursday to lend support to the country. A plane with food [...]

According to Hurriyet, EU Commissioner for Enlargement Olli Rehn met with Turkish and Greek Cypriot officials on Cyprus to discuss the issue of a possible EU's 256-million euro financial aid [...]

According to Hurriyet, National Security Council (NSC) Secretary-General Yigit Alpogan remarked that the Turkish military fully adopts Turkey's European Union membership strategy, denying the rumors that the military opposes Turkey's [...]

According to Turkiye, Sweden's Crown Princess Victoria is set to arrive in Turkey to have talks with officials in Ankara and Istanbul. During her four-day contacts, Victoria is expected to [...]

According to Milliyet, Maritime traffic in Bosphorus halted for an hour over the weekend as some 1000 boats carrying Turkish environmental activists clogged the waterway in a demonstration against the [...]

According to 'Star', Opposition Republican of People's Party (CHP) leader Deniz Baykal traveled to Madrid, Spain, to attend a Socialist International meeting for presidential election. He called on Prime Minister [...]

According to Milliyet, German President Horst Koehler said the European Union should remain committed to its agreements with Turkey but the country's membership negotiations should be [...]

According to Hurriyet, the foreign ministers of the European Union member countries are expected to sign the additional protocol which will extend the Customs Union to 10 new members in [...]

According to Turkiye, Turhan Comez, Balikesir deputy from the ruling Justice and Development Party (AKP), who is carrying out contacts in neighboring Armenia, met with French Ambassador Henry Cuny in [...]

According to 'Star', Prime Minister Recep Tayyip Erdogan, accompanied by Forestry Minister Osman Pepe, Education Minister Huseyin Celik and Energy and Natural Resources Minister Hilmi G?ler visited Antalya over the [...]

According to Al-Bayan newspaper (June 12, 2005), accompanied by the Prime Minister of Turkey, Recep Tayyip Erdogan, the Prime Minister of Lebanon, Najib Mikati, is expected to inaugurate the 11th [...]

According to Sabah, Prime Minister Recep Tayyip Erdogan left Turkey for Washington. Erdogan will hold contacts with US President George W. Bush, UN Secretary- General Kofi Annan and Robert Pollock, [...]

According to Turkiye, Deputy Chief of General Staff Gen. Ilker Basbug said that Ankara and the US had common points in the fight against terrorism, but that they were not [...]

According to Cumhuriyet, Ukraine's new President Victor Yushchenko arrived in Ankara for an official visit. First he met with Prime Minister Recep Tayyip Erdogan. Following the meeting, Erdogan said that [...]

According to Milliyet, after a conference at Istanbul's Bogazici University to debate and question Turkey's official stance on the so-called Armenian genocide allegations was canceled last month, Ankara University has [...]

According to Hurriyet, an earthquake with a magnitude of 5.7 on the Richter scale followed by at least 10 aftershocks hit the Karliova region of the eastern Anatolian city of [...]

According to Aksam, in the wake of the Cabinet's decision to approve an annual extension of Turkish permission for the use of Incirlik Airbase, C-17 cargo planes belonging to the [...]

According to Aksam, State Economy Minister Ali Babacan met in Ankara with a visiting International Monetary Fund delegation led by Turkish Desk Chief Lorenzo Giorgianni. Babacan was accompanied by Treasury [...]

According to Turkiye, after completing his contacts in Cyprus and Greece, United Nations Undersecretary-General for Foreign Affairs Kieran Prendergast arrived in Ankara. Prendergast met with Foreign Minister Abdullah Gul and [...]

According to 'Star', Foreign Minister Abdullah Gul traveled to the US to hold a series of contacts and to accompany Prime Minister Recep Tayyip Erdogan during his visit to the [...]

According to 'Star', Foreign Minister Abdullah Gul traveled to the US to accompany Prime Minister Recep Tayyip Erdogan in his talks with US President George W. Bush and to hold [...]

According to Cumhuriyet, a delegation of officials from the Directorate General of Press and Information led by Director General Abdurrahman Bilgic visited Ataturk's mausoleum, Anitkabir, to celebrate the institution's 85th [...]

According to Aksam, the 33rd International Istanbul Music Festival yesterday opened with a Borusan Istanbul Philharmonic Orchestra concert at the Hagia Erene Museum in Istanbul. Istanbul Culture and Art Foundation [...]

According to Hurriyet, Education Minister Huseyin Celik approved a decision to extend the period of education in high schools from three years to four. Celik is to give more details [...]

According to 'Star', President Ahmet Necdet Sezer has postponed an upcoming Asia tour due to back problems. Sezer had been scheduled to travel starting this Friday to Pakistan, the People's [...]

According to Cumhuriyet, speaking to a defense panel at the American-Turkish Council (ATC) in Washington, Deputy Chief of General Staff Gen. Ilker Basbug said that the US having the PKK [...]