While the Covid-19 epidemic and the global economic crisis continue, unfortunately, there is no comprehensive solution at the global level yet.
Matt Hranek has traveled the world to uncover car owners’ tales of automotive joy.
Balat, an unpopular and often even “terrifying” district of Istanbul at the beginning of the 2000s...
After Ortaköy, Galata and Karaköy, the new attraction point of the city moves to the streets of Fener and Balat.
Along with the changing holiday understanding, the trends of the coming period have also changed.
Pelin Akın Özalp, Board Member of Akfen Holding, hosts her famous guests on different subjects in the series titled ‘The Reset’ of the ‘74 Podcast’.
The “1702 Patent-Based Technology Transfer Support Program”, which was first issued by TUBITAK in 2020, has been a very visionary and appropriate support program.
Turkey embodies promising global breakthroughs in the entrepreneurship sector.
Akfen REIT quickly erased the negative impact of the coronavirus in 7 months and carried its revenues to the pre-pandemic period with an increase of 200%.
Public offerings, which started 2021 fast, seem to accelerate even more by the end of the year.
The cloud-computing revolution has at last come for life sciences, thanks to Veeva’s...
Naver, which runs the biggest search engine in South Korea, has lately been focused on fast-growing businesses...
We used our proprietary methodology to identify the 50 global companies best positioned to deliver above-average gains to investors.
Every successful business starts with an act of imagination. But the most innovative companies are those that continually reimagine their potential...
TO RE-IMAGINE THE FUTURE, it is necessary to focus on different technologies.
YASED works with the public, private sector and international organizations with the aim of preparing Turkey...
We are slowly seeing the light at the end of the tunnel for the Covid-19 epidemic, which has turned our lives into a nightmare since the beginning of 2019.
Bodrum Loft, with its modern village life atmosphere, started hosting holidaymakers last summer and is bringing together modern architecture and art under its roof.
The $69 billion buyout of the health insurance company Aetna brought again big data on the agenda. Indeed, these massive storehouses of information have always been there.
The countries with the biggest forex reserves in the world
Visualizing The Global Millionaire Population
The crucial aspect of blockchain is its promise for a different world while the world is busy with discussing the looming disaster scenarios that may come with it and cryptocurrencies.
Being a senior student at the department of mechanical engineering, Hamdi Akin started his career with the encouragement of his father at Akfen Holding, one of the biggest investment groups in Turkey today, in 1976.
According to Deloitte’s Football Money League report released for the 21st time this year, the revenue of the 20 football clubs making the highest amount of money is close to 8 billion euros.
Sales amounts after 15 days in Emlak Konut's "Time of Solidarity for Strong Turkey" campaign almost reached the amount of sales in the first four months of last year.
According to the data from T.R. Ministry of Economy, in the first nine months of 2016 total foreign construction services amount 4.1 USD billion.
With the burst of digital technologies customer profiles evolved rapidly in the last decade.
The number of passengers in Turkish coastwise shipping reached 163.7 million in 2015 with a 2.9% annual compound growth rate (ACGR) since 2005.
Mindfullness practices attracts great attention recently.
2016 wasn't a smooth year for some industries. Tourism and transportation are the foremost of these.
One of the most efficient non-verbal communication tools, clothes can mean in your career path more than you think.
Public Private Partnership-PPP Project which brings the experience of the public sector and the financial capability and dynamism of the private sector together is aiming to make Turkey to have a more qualified health infrastructure.
Turkey's power generation has increased 5% in the first half of 2016; hydraulic power plants are taking the lead in installed electric power.
Turkish Statistical Institute announced the growth figures for the second quarter.
Increase of maritime transportation's share in mixed general transportation industry is considered as an important development for the nation's economy Passengers using Turkey’s coastwise lines increased by 2,9% CAGR between 2005 and 2015 and reached to 163,7 million in 2015 while the year over year increase was recorded as 1,7% for the last year.
The "obstacle-free airport" practice that TAV Airports carried into effect at Ankara Esenboga and Izmir Adnan Menderes airports after Istanbul Ataturk was shown as a "best practice"at the UN forum organized in New York.
According to June 2016 statistics announced by the General Directorate of State Airports Authority (DHMİ); the number of passengers who have received service in the airports throughout Turkey in June is 14.6 million and the total number of passengers in the first half of 2016 exceeded 80 million.
The Composite Index had increased 1.1 point in May with the effect of seasonality and the livened up home demand activities.
One of the leading infrastructure groups of Turkey, Akfen holding established a new platform that will operate in every field of the energy sector with renewable sources in order to supply the ever growing renewable energy demand of the country.
Industry 4.0 definition that was mentioned for the first time in the technology strategy document of the German government in 2013 has influenced the whole world industry.
TAV Airports announced that negotiations will be started with Cuban authorities regarding the improvement and operation of Havana Airport.
Electric Electronic and Service Exporters Association (TET) has held "Passenger Services Export Strategy Workshop".
Akfen Holding put an advertisement on the foreign press together with its foreign partners in order to remind that commercial operations are being carried out in Turkey without slowing down and that the country is suitable for investments as always.
Calendar adjusted industrial production index increased 4,5% compared year over year, while seasonally and calendar adjusted industrial production increased by 0,8% last December compared with the previous month.
As an investment of Akfen GYO, Novotel İstanbul Bosphorus began its operations as a five star hotel of 200 rooms in Karaköy, one of the oldest trade centers in Istanbul.
As international business environment is changing everyday with new entrepreneurs, these entrepreneurs need an unrushed integration phase more than ever.
Natural Gas Consumptıon Reached A Record Hıgh In January According To Data From Turkish Energy Market Regulatory Authority (emra), Turkey’s Monthly Natural Gas Consumption Reached A Historic Record High İn January 2016.
The rate of capacity utilization in the manufacture industry in March 2016 has built up 0,8 points to 74,3%, while seasonally adjusted rate of capacity utilization in manufacture industry has increased 1,1 points to 75,2% comparing with the previous month.
ENRON was an energy giant chosen as the Most Innovative Company in the world by Fortune Magazine for 6 consecutive years during 90's.
AVELSAN’s Cyber Defense Technology Center (SISATEM) started its operations.
According to the report of UK based international real estate company Knight Frank, Turkey tops global house price index in 2015.
Uludağ Economy Summit was held with 1100 participants on March 25th - 26th, 2016.
Export orders for the next three months, production and employment rate and the general situation positively affected last three months’ total order amount and the current total order amount indexes.
While initiatives for “National Train Project”, which aims to make Turkey able to export railways technologies to the world, are still ongoing, TUDEMSAS (Turkish Railway Machines Industry Inc.)
The slowdown on the housing sales growth in second half of the year transformed into a decline in September. Housing sales again grew in October by 8.8 percent to 104.098 units.
Monthly Sector Reportprepared by Turkey Association of Turkish Building Material Producers (IMSAD) is published.
Powered by broadband, digitalization transformed individuals, institutions, professions and nations.
In the first 9 months of the year, TAV Airports increased its revenue to 822 million euros with 14% increase compared to same period previous year.
Ziraat Bank provided the largest share of the 4.5 billion euros worth financing package with 1.5 billion Euros. While Halkbank and Vakifbank did provide 1 billion Euros each, Denizbank did 500 million euros and Finansbank and Garanti Bank participated with 300 million euros each.
The ceremony for XI. The Duke of Edinburgh's International Award Program National Gold Award’ was held in attendance of United Kingdom Earl of Wessex Prince Edward KG KCVO on is organized with Akfen Holding's support.
Minister of Finance Mehmet Simsek announced the completion of ongoing works for a simplified legislation that construction industry awaited for a long time.
Akfen Holding signed a Shareholders Agreement with European Bank for Reconstruction and Development for a 20% stake in a renewable energy company that will be structured through the consolidation of subsidiaries operating in the renewable energy area, Akfenhes, Akfenres, Akfen Wholesale and following transfer to Karine SPP under one roof, for a consideration of US$100 million.
Turkish Exporters Assembly (TIM) has submitted the "Export Support Package Suggestions" involving the expectations of the exporters to Prime Minister Binali Yıldırım, Deputy Prime Minister Nurettin Canikli, Minister of Sciences, Industry and Technology Faruk Özlü during their visit.
According to the 2014 activity report of the Energy Market Regulatory Authority (EMRA), 2,565 licenses were given in the electricity, petroleum and natural gas markets last year.
317-room Ibis Hotel Moscow funded by Akfen REIT began welcoming guests in Russia on 16 July. Ibis Hotel Moscow, funded by the Akfen Real Estate Investment Trust (REIT) which is the one and only real estate investment trust of Turkey in the field of economic urban hotel management, began welcoming guests in the Russian capital, Moscow.
Akfen Holding, one of Turkey's leading groups in the field of infrastructure, is getting ready to restructure its affiliated companies operating in the construction and energy sectors, in line with its growth strategies.
Gazprom informed that required permission was obtained from the government of Turkish Republic for conducting engineering studies on Turkish Stream’s section which will be constructed under the sea.
One of the drivers of the Turkish economy, the tourism industry continues to grow rapidly, and with each passing day, Turkey secures its position among the most attractive tourism centers in the world.
The Ministry of Economy granted investment incentive certificates to 35 energy generation projects and 28 of them were solar power-plants.
During the first 5 months of 2015, the number of passengers across Turkey showed an increase of 8% compared to the same period of the previous year to reach 63 million
The World Bank announced Turkey to be the second country, among the developing countries, that makes the highest investments in infrastructure where the public-private sector cooperation is concerned.
According to the Monthly Economy Report of IMSAD (Association of Turkish Construction Material Producers), real estate sales to foreigners increased by 41.7 percent and reached USD 4.32 billion in 2014.
Akfen Real Estate Investment Trust (REIT), the one and only real estate investment trust that focuses on urban hotel concept in Turkey, signed a loan agreement with Credit Europe Bank N.V. for refinancing of all current loans and for the use in the on-going projects.
The TÜİK (Turkish Statistical Institute) announced that the Construction Confidence Index increased to 83.3 in December.
While the tourism revenue of Turkey decreased by 1.3 percent in the last quarter of 2014 compared to the same period of the previous year, an increase of 6.2 percent was achieved throughout the year.
Consolidated investment amount of Akfen Holding, which made a turnover of TRY 1,239,000,000 with an increase of 20 percent in 2014, became TRY 324,000,000 for the same period.
ATU, the largest duty free retailer of Turkey, won the tender for the duty free operation management in Houston George Bush Airport in the State of Texas, USA for 10 years.
According to TÜİK (Turkish Statistical Institute), unemployment figures reached the highest level of the last four years in 2014. However, this negative situation is expected to change in 2015.
According to the figures received from the Directorate General of Merchant Marine, the number of ships docking the ports of Turkey in 2014 decreased by 1.7 percent while the number of vehicles transported by Ro-Ro ships increased by 6.6 percent.
According to the aviation figures of 2014 December introduced by the General Directorate of State Airports Authority (DHMİ), a great increase was achieved regarding the number of aircrafts and passengers receiving service in total plane and overflight traffic.
The renewable energy industry which gains importance in the world and in Turkey with each passing day continues to grow as the energy need continues to increase.
Mehmet Günes Insaat became the company which placed the highest bid in the final bargain of the tender regarding the corporatization of Kemerköy Harbor Reach for 36 years by “transferring the operating rights”.
MerComm, which carries out activities to set perfection standards for communication, announced award-winning companies of the Galaxy Awards 2014.
The introductory ceremony for the expansion project of Mersin Port was held in Istanbul.
Akfen Holding recorded a turnover of TRY 84 million and net profits worth TRY 18 million in the period of January- September 2014. Akfen Holding declared the financial outcome for the first 9 months of 2014.
Turkish business people continue to become prominent in the world thanks to their achievements.
According to the data by Directorate General of Merchant Marine Statistics Information System, the port where the freight handling activities were carried out most during the first 9 months of 2014 is Istanbul Ambarlı.
As Doruk HPP commenced power generation, Akfen HPP's investments have reached a total installed capacity of 203 MW and an annual production capacity of 848 GWs.
Having set out with a strong and assertive 2023 vision, Turkey invites its own people to become aware of their potential while putting forward a new offer for the world with its brand country concept of "Discover the Potential".
Akfen continues its investments in the energy sector with the strategy of creating a balanced portfolio in line with Turkey's production capacity.
Ibis Hotel Esenboğa, developed by Akfen REIT in line with the urban hotel management concept in Ankara, recently opened.
A leader in Turkey's digital transformation, Vodafone's solutions prepare the business world for tomorrow's digital life.
Based on the sectorial report - September by Association of Turkish Construction Material Producers (İMSAD), materials export increased by 3 percent, and materials import decreased by 11.5 percent in the first half.
In total, 115,786 residences were sold in September of 2014 across Turkey. This figure implied a 13.2% increase in comparison to the corresponding month of the previous year.
AKFEN REIT has been selected as the "Best Hotel Developer in Turkey" at the Euromoney Real Estate Awards 2014, for the fourth year running.
Number of shipped vehicles in Turkey increased by 5.2 percent during January-September 2014 when compared to last year.
The figures announced by the General Directorate of State Airports Authority (DHMİ) for September indicate a steady growth in aircraft and passenger traffic.
In the third quarter of 2014, there has been an 11 % increase in the tourism revenues.
According to the information collected from the “List of Renewable Energy Investment Costs in Europe” published by the International Energy Agency (IEA) and the Ministry of Energy and Natural Resources, Turkey put into operation a total investment worth $5.5 billion and increased its installed capacity to 27,585 MW throughout the first 9 months of 2014.
The 4th Turkish-British Tatlıdil Forum gathered together many prominent individuals from the worlds of business, politics, academia, press and art.
The tourism revenue in the first quarter increased by 3.4% and occurred as 4 billion 807 million dollars.
According to the data of DHMI General Directorate, total flight traffic in airports in June 2014 in comparison with the same month of the previous year was 126,401 with a 8.2 percent increase; 65,308 of them being in domestic flights with a 7.8 percent increase and 61,093 being in international flights with a 8.7 percent increase.
It seems that the export volume of Turkey has caught up with its previous level.
Within the scope of Turkey-based international Ro-Ro transport, 138,628 vehicles were transported in the first 4 months of the year.
The tendering process started in May for the privatization of Ercan Airport via transfer of operational rights.
The expectation of increase in employment played an important role in restoring the confidence of the constructing industry.
Nation-wide, 1,157,190 houses passed into other hands as a result of sales in 2013 according to the report of IMSAD, and there was a 6 percent decline in housing sales in the first quarter of 2014.
Launching Izmir Airport Domestic Flights Terminal last March, TAV continues to be the strong actor of the industry after putting Milas-Bodrum Airport into operation as of July 15th.
The number of passengers transported in Turkish coastal lines in the first 5 months of 2014 remained at 58.2 million passengers with a 10 percent decline.
Turkey's most important economics meeting Uludag Economy Summit has been held on March 21-22 with the theme "We are meeting for the future".
TAV Airports Holding has made an offer of EURO 717 million for the management of Milas-Bodrum Terminals.
Within the first two months of 2014 the number of people using air transportation has reached 20.1 million.
While Turkey is planning to continue its golden age in economy, it has started going under the influence of a different climate starting from the mid 2013.
USD 31.3 billion Turkish contractors are continuing to record success abroad with their projects in various areas.
Akfen Holding will use the income from the bond supply that it has issued in March for financing the projects that it is developing.
Turkey kept its first runner up position on the "Biggest 250" list with 38 companies.
Akfen Holding's 2013 financial results have been discloded. The Holding's turnover reached TL 111 million with a 23 percent increase from the previous year.
Tourism income that is disclosed by the Turkish Statistics Institute (TUIK) has increased by 11 percent compared tol ast year and reached USD 32.3 billion.
According to the figures disclosed by the Sea Trade General Directorate, within the first two months of the year 2014, the amount of handled container has reached 1.3 million TEU, and the handled load amount has reached 59.3 million tons.
In January-February 2014, electricity consumption in Turkey has increased by 3.5 percent compared to the previous year.
According to the DHMI , by the end of 2013 November, in Turkey, the number of passengers increased to 139.9 million by 14 percent compared to the same period of the previous year.
According to Turkey Exporters Assembly, Turkey’s November exports are increased to 797 million was $ 13 billion with 8.8 percent.
Two countries business and opinion leaders discussed the possibilities that Turkish economy offers. Organized by DEIK / Turkish Business Council the “Grow with Turkey “ Conference was held in London between November 26 - 27.
Akfen increased the plant's power established in Mersin to 1.148 MW. Akfen increased Mersin Natural Gas Combined Cycle Power Plant project’s installed power from 570 MW to 1.148 MW.
Which aims to strengthen relations between Turkey and the United Kingdom, the third Turkish British Sweet Talk Forum was held in Edinburgh.
For the 573 million worth project with the total of 755 beds, agreements are signed between Akfen Construction and T.C Ministry of Health on September 12.
Compared to last year, 30 percent increase in the number of foreign tourists was recorded in October, due to national holiday, occupancy rate in hotel rose up to 100 percent.
At the Euromoney Real Estate Awards 2013 organized by Euromoney Magazine, Akfen GYO hit the peak for the third time.
According to TEİA Ş , electricity consumption increased by 4,7 percent in October with the total of 20,2 billion kWh compared to the same month previous year.
Following the cancellation of the tender which was held in by Privatization Administration, tender that predict Highway Law to be changed in order to ensure the incorporation which will be needed in the case of determination of ‘Initial Public Offering’ as the method for privatization of Highways and Bridges was submitted to Parliament on 28th November 2013.
Turkey with a ninety- year history is having a breakthrough in many business sectors in recent years. The real estate industry is the leading one.
Mersin Port Management, Inc. (MIP), has signed its first bond issue done by an infrastructure company in Turkey.
As Akfen İnşaat, we submitted the best bid for the Isparta City Hospital Construction Works and the Procurement of Products and Services, which will be invested with the Public-Private Partnership (PPP) model.
In spite of the decrease compared to last year’s prices in steel industry, an exportation of $6,36 billion has been realized within the first 5 months of the year.
Unemployment in greece at a record high in spite of all the reforms, greece can not get over the crisis.
One of the major reasons of Turkey’s current deficit, energy import has decreased by 9.9% within the first 5 months of this year.
Having focused on summer tourism, defined as “sea-sun-sand”, for industrial growth since 1980s, Turkey is changing its targets in tourism area.
The bill that would completely change Turkey’s petroleum map is approved by the Parliamentary Counsel.
In his speech about the airport, Prime Minister Recep Tayyip Erdoğan stated that existing airports did not meet the requirements and the airport to be constructed would be above and beyond the potential needs with five runways, terminal buildings and numerous boarding bridges.
The presentation of İzmir which competes for EXPO 2020 with the theme “New Routes to a Better World/Health for All” was well-received.
TİKAV Career Workshop's Mentee-Mentor Program aims to create a learning partnership between 4th grade students and Akfen Holding employees and executives to raise awareness on social responsibility issues in their professional and daily lives.
The government's 2023 vision of placing Turkey among 10 largest economies of the world within 10 years geared up in all areas, notably in infrastructure and energy investments.
The foundation for the Third Bridge in Bosphorus is laid.
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