PM Davutoğlu announced action plan to support beleaguered tourism sector

PM Davutoğlu announced action plan to support beleaguered tourism sector

Prime Minister Ahmet Davutoğlu announced an action plan on Feb. 22 to support Turkey’s tourism sector, which has been negatively affected recently by tensions with Russia and security concerns.

Read more
Foreigners must submit their projects in two years

Foreigners must submit their projects in two years

Foreign investors must submit development projects they are planning for any land they purchase to the Environment and Urbanization Ministry; otherwise, the ministry has the right to claim the land without paying for it.

Read more

IIFM publishes Global Standard Documentation on collateralized murabahah

Bahrain based International Islamic Financial Market (IIFM), a global standard-setting body for Islamic finance announced the launch of the IIFM Master Collateralized Murabahah Agreement. The global standard document is accompanied by an Operational Guidance Memorandum.

Read more

Turkey plans to ease work permits for foreigners

Turkey has kicked-off studies to introduce easier work permit application and granting procedures for qualified foreign workers and investors to enhance the country’s investment allure.

Read more

"Finance courts are in the final stage", Babacan says

Deputy Prime Minister Ali Babacan, speaking at the 15th Extraordinary General Assembly of Turkish Capital Markets Association, said that the process of establishing finance courts has come to the final stage.

Read more

Circular no. 433 on the Derivatives Market Principles of Operation has been revised

Futures and Options Market Operation Principles are updated in accordance with decisions of Board of Directors of the Exchange at the meeting numbered 2014/18 and dated May 9, 2014 on the purpose of becoming effective in TRYUSD option contracts that were launched on May 16 th, 2014 and providing liquidity to the related contracts.

Read more

Visa-free travel to Belarus from June

The visa-free travel agreement signed between Turkey and Belarus in 2013 enters into force on June 2.

Read more

Turkey to ease visa policies for investors

Turkey's Economy Minister Nihat Zeybekçi said Turkey plans to implement a new visa procedure for foreign businessmen who invest in Turkey.

Read more

International Court of Arbitration to open in Turkey

One of the world´s largest institutions for settling international commercial disputes, the International Court of Arbitration, needs to retain its independence in the face of extensive lobbying, its chairman has said.

Read more

Updating the Circular on VIOP Market Operations

Since Takasbank became Central Counterparty (CCP) at Futures and Options Market starting from March 3rd, 2014, “Abbreviations” and “Order Cancellation” sections of the circular were revised.

Read more

Time for fund trade with one account

With the decision of Capital Markets Board in early March, investors will be able to reach and trade all funds with one single bank account with the new fund platform, which is to take effect as of July 1st.

Read more

Turkish government denies claims of financial bodies’ merger

Aiming to put an end to ongoing claims that the government is mulling to merge capital markets and banking watchdogs, Deputy Prime Minister Babacan said the government has no such plans.

Read more

Tax regime of Turkey

Turkey has one of the most competitive corporate tax rates in the OECD region.

Read more

Factoring and leasing under one roof

Leasing, factoring and finance institutions came together under the roof of Financial Institutions Association.

Read more

A BRSA is needed for real sector

Deputy Prime Minister Ali Babacan said that there should be a BRSA like structure for the real sector.

Read more

IFC - Istanbul Infrastructure Committee

Recent economic developments in Turkey carried the country and its main economic driver Istanbul to higher ranks among global economies. Istanbul has rich resources and the potential to compete with leading global financial centers.

Read more

Strategy and action plan for Istanbul International Financial Center

Istanbul is the natural financial center of Turkey. Progressing towards EU membership, by its regional location, Turkey is also a country of significant economic size for the Middle East, Central Asia, North Africa and Eastern Europe.

Read more

'Turkish government working on anti-corruption reform'

The government is working on an anti-corruption reform, the Finance Minister Mehmet Şimşek said yesterday, continuing his mission to soothe investors’ concerns regarding political transparency and stability in Turkey.

Read more

Back to Top