Sabancı

Sabancı Holding Chair Güler Sabancı is the only Turkish name in Forbes magazine’s latest list of the World’s 100 Most Powerful Women.

As for rights activists generally in Turkey, these are troubled times for LGBT campaigners in the country. Amid official disapproval and annual tension around the Pride March at the end of June, banned for the past three years despite being permitted for over 10 years from 2003.

Despite heavy political and diplomatic problems in Turkey, there are signs of a boost in cultural life in the country, showing the desire of at least some Turkish people to stick with universal values. Istanbul in particular is blooming, with marquee arts and culture events opening seemingly every day. 

The first solo exhibition in Turkey by Chinese artist Ai Weiwei, one of the most influential figures of contemporary art, opened on Sept. 12 at Istanbul's Sakıp Sabancı Museum with the support of Akbank.

Weiwei was present at a press conference held on Sept. 11 for the exhibition, titled "Ai Weiwei on Porcelain." 

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.        

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.

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 founding family members of Turkey's Koç Holding and some non-management members of the family of another leading conglomerate, Sabancı Holding, have decided to sell stakes in the firms. 

Shares in the company fell sharply on May 25 following the related announcements. 

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.