Trade

March 8, 2017

Austria’s OMV sells Turkish oil retailer Petrol Ofisi to Vitol for $1.45 bln

Netherherlands-based commodity and energy trading company Vitol Group Chairman and Chief Executive Officer Ian Taylor pointed out that Petrol Ofisi (PO) is one of the leading […]
March 8, 2017

Global economy projected to expand %3.3 in 2017

Global economic growth is expected to accelerate to 3.6 percent next year but there are many challenges ahead that could derail the forecast, according to a […]
March 15, 2017

Turkish Sovereign Wealth Fund reaches $160 billion

Turkey’s Sovereign Wealth Fund (SWF) forecasts on its first-ever website that Turkish private and public sector infrastructure investment will reach around $1 trillion over the next 10 […]
March 15, 2017

Despite Putin’s promises, Russia still imposes sanctions on Turkey

Russia’s import ban is still blocking some Turkish goods with significant export potential despite the reconciliation in many areas, state statistics authority TurkStat announced recently. Following […]