Articles
Minister Bolat: Turkish Contracting Sector Signs Projects Worth $570 Billion Across 139 Countries
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Trade Minister Ömer Bolat announced at the General Assembly of the European International Contractors in Istanbul that the Turkish contracting sector has completed projects worth $570 billion.
Price of standard gold per kilogram increased on Borsa Istanbul
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With recent market activity, the price of standard gold per kilogram gained value in the precious metals market, reaching the millions level.
Istanbul Economy Forum to Become an Annual Tradition
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Following the organization that brings together central bank governors and policymakers, the CBRT Governor announced that this meeting will become traditional.
Bill on the liquidation and payments of investment funds submitted to Parliament
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A 9-article bill prepared for liquidated investment funds has been submitted to the Grand National Assembly of Turkey (TBMM). No public funds will be used in the process, and interim payments of up to 1 million liras will be made to investors.
German Rhenus Group to Establish 14 Terminals Along the Middle Corridor
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Aimed at strengthening freight transport between Europe and Asia, the Rhenus Group is implementing new logistics investments on the route extending to Turkey.
Economy and Business Meeting Held in Trabzon
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Trabzon's growth potential in tourism and industry, as well as financing issues, were discussed at a business meeting held in the city.
No Public Funds Will Be Used in the Fund Liquidation Bill
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AK Party Group Chairman Abdullah Güler shared details regarding the prepared fund liquidation bill and explained how the process will work.
Istanbul Economy Forum to Become an Annual Tradition
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CBRT Governor Fatih Karahan announced that the Istanbul Economy Forum, held at the Istanbul Finance Center, will now be organized every year.
European Central Bank aims for broad use of the digital euro
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The Eurosystem plans for the digital euro to be used in online, peer-to-peer, and in-store payments during its initial phase.
Gradual Formula and Postponement Request for Social Media Regulation
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EDAM called for a gradual model based on age groups and a postponement instead of a uniform restriction on social media for children under 15 aimed at protecting them.
New identification limits established for cash, foreign exchange, and jewelry transactions
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New monetary thresholds requiring identification have been announced to prevent the laundering of crime revenues in financial transactions and the jewelry sector.
Gold and Silver Assessment from Economist Peter Schiff
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Economist Peter Schiff stated that sell-offs in the bond market could trigger demand for gold and silver, and that gold per ounce could reach $5,000 in a shorter time than anticipated.