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Turkish group to distribute 55,000 Qurans for Ramadan

By   /  May 22, 2018  /  Religion, World  /  No Comments

SAMSUN, Turkey: In honor of the Islamic holy month of Ramadan, a group connected to Turkey’s religious authority will hand out 55,000 copies of Quran to Muslims worldwide. Abdurrahman Cetin, deputy head of the Turkiye Diyanet Foundation (TDV), told Anadolu Agency on Tuesday that the group will distribute Qurans in 10 languages across 17 countries this […]

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Dubai’s Emirates NBD acquires Turkish lender Denizbank for $3.2 billion

By   /  May 22, 2018  /  Business  /  No Comments

MOSCOW/DUBAI: Dubai’s biggest lender Emirates NBD has agreed to buy Turkey’s Denizbank from Russia’s state-owned Sberbank for $3.2 billion to help establish itself as a leading bank in the Middle East, North Africa and Turkey. Denizbank is the fifth-largest private bank in Turkey and the biggest asset held by Sberbank outside Russia. The sale is […]

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Mutual efforts to get rid of FETO in Bosnia: Erdogan

By   /  May 21, 2018  /  World  /  No Comments

SARAJEVO, Bosnia and Herzegovina: Turkish President Recep Tayyip Erdogan on Sunday said mutual efforts will help get rid of Fetullah Terrorist Organization (FETO) in Bosnia and Herzegovina. His remarks came during a joint news conference in capital Sarajevo with Bakir Izetbegovic, the Bosniak member of the tripartite Presidency of Bosnia and Herzegovina. FETO and its U.S.-based leader Fetullah Gulen orchestrated the defeated coup […]

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Galatasaray receive Turkish League trophy

By   /  May 21, 2018  /  Sports  /  No Comments

ISTANBUL: Istanbul club Galatasaray received its championship trophy on Sunday during a celebration held at its Turk Telekom Stadium. Galatasaray became the champion in Turkey’s Spor Toto Super League on Saturday for the 21st time, after beating Goztepe 1-0. Turkish Football Federation Deputy President Ali Durust handed over the trophy. Galatasaray supporters filled most of the […]

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Turkish PM slams okaying of FETO members asylum

By   /  May 20, 2018  /  World  /  No Comments

ATHENS: The Turkish premier on Sunday condemned the acceptance of asylum requests of two coup plotters by the Greek Asylum Commission. Speaking to Greek daily To Vima, Binali Yildirim said: “However, we welcome the Greek government’s objection to the decision.” On May 8, the Greek commission accepted the petition of former Maj. Ahmet Guzel, suspected of […]

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Islamic world mulling measures against countries following U.S. move on Jerusalem

By   /  May 19, 2018  /  Gulf Countries, Religion  /  No Comments

Turkish President Recep Tayyip Erdogan makes a speech at an extraordinary summit of the Organization of Islamic Cooperation (OIC) in Istanbul, Turkey, on May 18, 2018. The 57-member OIC on Friday vowed to take “all necessary steps” to prevent other countries from following the U.S. example of moving their Israel embassies to Jerusalem. (Xinhua/Anadolu Agency)

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Turkey: New company launches up over 33 pct in April

By   /  May 18, 2018  /  Business  /  No Comments

ANKARA: The number of newly established companies in Turkey jumped 33.1 percent last month compared with April 2017, the Turkish Union of Chambers and Commodity Exchanges (TOBB) announced Friday. This April, 8,456 new companies were established, compared to 6,353 businesses starting in the same month last year, TOBB said in a report. According to the TOBB […]

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Turkey: Private sector foreign debt up

By   /  May 17, 2018  /  Business  /  No Comments

ANKARA : Turkish private sector’s short-term foreign debt rose by $401 million as of end of March over 2017-end, the country’s central bank announced Thursday. The sector’s short-term loans — debt that must be paid in the next 12 months — reached $18.6 billion as of March, Turkish Central Bank said in a statement. The sector’s […]

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Israel expels Turkish consul in Jerusalem

By   /  May 16, 2018  /  Gulf Countries, Religion  /  No Comments

JERUSALEM,  (Xinhua) — Israel on Tuesday ordered the Turkish consul to Jerusalem to temporarily leave the country after Ankara expelled the Israeli ambassador to protest the killing of Palestinian protesters in Gaza. The Israeli Foreign Ministry summoned the Turkish consul, Husnu Gurcan Turkoglu, and instructed him to return to his country “for consultations for a […]

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Turkish participation banks’ net profit up 52 pct in Q1

By   /  May 16, 2018  /  Business  /  No Comments

ANKARA : Turkey’s participation banks’ net profit jumped 52.4 percent to reach 503 million Turkish liras ($127 million) in the first quarter of 2018, compared with the same period last year. Five participation banks’ total assets rose by 22.5 percent to reach 166.9 billion Turkish liras ($42.12 billion) during the January-March period, on a yearly basis, […]

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