Hakan
E-commerce volume reaches 3.4 trillion Turkish Liras
The Turkish e-commerce sector has met its turnover target of 3.4 trillion Turkish Liras ($96.1 billion) in 2024, hoping to boost the industry's business volume to above 5 trillion liras this year, says Hakan Çevikoğlu, president of the Electronic Commerce Operators Association (ETİD).
Istanbul's urban area grows 75 pct in 10 years: Study
A recent study using an earth tracking system shows that Istanbul has undergone a massive transformation over the past decade, with its urban area growing by about 75 percent.
New Year’s shopping bolstering businesses in retail industy
Turkish retailers are enjoying strong demand as shoppers are rushing to stores and e-commerce platforms for gifts and accessories ahead of New Year's celebrations.
Housing rents in Türkiye may ease as Syrians return home
The anticipated return of millions of Syrians from Türkiye to their home country following the ouster of Bashar al-Assad is expected to influence rental prices across Türkiye, experts say.
DenizBank raises $2.3 bln in 2024 syndicated loans
Türkiye's DenizBank secured $2.3 billion in financing through three separate syndicated loans in 2024, marking the highest syndicated loan volume in the country's banking sector for the year.
The third syndication loan of the year was finalized with the participation of 54 financial institutions from 23 countries, garnering 139 percent oversubscription, the bank said in a statement.
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Statements unveil scope of health care fraud as Türkiye follows trial
Health care workers continued to deliver testimonies on the second day of a landmark trial closely followed across Türkiye, with their statements lying bare the harrowing extent of a social security fraud scheme that allegedly led to the deaths of 10 newborns.
Antalya hosts 15 mln foreign tourists already this year
The number of foreign visitors in the touristic southwestern coastal city of Antalya has reached 15 million in 2024 as of October figures, according to a sector representative.
Turkey heads to Arab League ministerial meeting for first time in 13 years, source tells Reuters
Turkey will discuss the Gaza war and ties with the Arab League when its foreign minister attends a ministerial meeting of the group in Cairo on Tuesday for the first time in 13 years, a Turkish diplomatic source said on Monday.
Lower interest rates expected to trigger new housing projects
Developers are waiting to see and analyze the direction loan rates will take in 2025 before launching new projects in the housing market, which has experienced a plunge in sales for months.
Currently, both consumer and construction companies are in the wait-and-see mode in an environment of high inflation and high interest rates.
Türkiye set up Euros quarterfinal date with Dutch
Türkiye will face the Netherlands in the quarterfinals of Euro 2024 after winning a thriller with Austria 2-1 as both countries reached the last eight of a European Championship for the first time since 2008.
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