Turkey recycles 1.1M-ton plastic annually

23 November 2021 0

Turkey saves $1 billion every year by recycling 1.1 million tons of plastic waste, according to Turkey’s Recyclers Association (GEKADER). With Turkey’s Zero Waste project which started in 2010, the recycling ratio has increased to 22.4% from 13%. Turkey aims to reach its zero-emission target by 2053 and recycling plastic waste is the way forward. The plastic waste sector generates $1 billion annually by employing around 350,000 personnel in 1,300 firms. Fatih Eren, the head Read More

Qatar to continue investing in Turkey: Ambassador

30 December 2020 0

All components are available in Turkey to attract investors, says Qatari envoy Qatari Ambassador to Turkey Salem bin Mubarak Al Shafi said on Tuesday that relations between Qatar and Turkey are “exceptional, permanent, and enduring,” setting an “example to be emulated” on relations based on solid foundations. In an interview with Turkish daily Hurriyet, the ambassador also hailed Turkey’s relentless support for Qatar, which he said dates back to the era of the Ottoman Empire. Read More

Turkish firm enters world’s leading cybersecurity list

9 August 2020 0

Turkish tech firm Kron on thursday was listed as a leader in the field of cybersecurity, according to the latest report of a major international research and advisory company. Kron is the first and only Turkish firm recognized as a leading Privileged Access Management (PAM) solutions company on the list, published by US-based firm Gartner, in the most recent Magic Quadrant for PAM. The report, which is updated every two years, globally evaluates all companies Read More

Turkey: Indigenous electric train to serve by year-end

15 June 2020 0

Maximum operational speed of first Turkish-made electric train to be 160 km/h (99.4mi/h) First Turkish-made electric train, with its tests to be conducted on Aug. 30, will start serving before the end of this year, transport and infrastructure minister said on Monday.  “Aluminum body production, painting, sandblasting tests of the train set were put into operation in 2019,” Adil Karaismailoglu said during his visit to the Turkish Wagon Industry (TUVASAS) plant in the country’s northwestern Read More

Fitch Ratings upgrades Turkish banks’ outlooks

12 November 2019 0

Credit ratings agency Fitch has upgraded the outlooks of 20 Turkish banks to stable from negative. The move follows a similar upgrade of the outlook on Turkey’s long-term issuer default ratings to stable from negative on Nov. 1, Fitch said in a statement on Tuesday. Fitch also affirmed the ratings of those banks’ financial subsidiaries driven by institutional support, while revising their outlooks to stable. “The actions reflect reduced downside risks to the sovereign’s ability Read More

New mega-Istanbul airport hosts 5.2M passengers in May

7 June 2019 0

The new mega-Istanbul Airport hosted 5.2 million passengers in May, a 10.5% increase compared to the first quarter of this year. The airport welcomed 4.7 million passengers and 29,492 planes in the January-April period. The total number of flights increased by 21% compared to the first quarter of this year. The airport hosted nearly 10 million passengers in the first five months of the year. Nearly 75% of total passengers – over 7.4 million — Read More

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