ALTAY GROUP, Consulting, Business Partner in Turkey

Today's Currency Rates*
	USD	1.8275 TL
	EURO	2.3208 TL

WEATHER TODAY **
ANKARA	11	26
	Partly Cloudy
ISTANBUL	14	21
	Thunderstorm
IZMIR	15	21
	Heavy Showery

*Central Bank Effective Buying
**Turkish State Meteorological
Service

Altay Software, Software Development and Verification Process which has been found to be compliant with RTCA/DO-178B Guidance Document, Has Been Entitled to the Status of TAI-TUSAS Approved Supplier 03.02.2012
  Altay Software which had achieved first defense software export of Turkey and which had made major i ...

Current account deficit sinks by 36 pct in March 12.05.2012
  The Turkish Central Bank announced on May 11 that Turkey’s current account deficit for March was $6. ...

Turkish chief of staff reiterates UAV demand at US visit 12.05.2012
  Turkey’s Chief of General Staff Necdet Özel met with U.S. Defense Secretary Leon Panetta for one hou ...

Turkish, US military chiefs discuss top security issues in Washington 11.05.2012
  Turkish Chief of General Staff Gen. Necdet Özel met with his American counterpart, Chairman of the J ...

Turkey's Erdoğan calls 'new era' in relations with France 11.05.2012
  Turkish Prime Minister Recep Tayyip Erdoğan has called for a "new era" in Franco-Turkish relations i ...

Turkey considers repairing ties with Paris government 11.05.2012
  Turkey has said it could consider lifting the eight-article sanctions imposed on France, according t ...

US calls Turkey’s discrimination against Israel unacceptable 11.05.2012
  The Obama administration has expressed its dissatisfaction of Turkey’s discrimination against Israel ...

UN survey warns Turkey to mend its current account gap 11.05.2012
  Even though the Turkish economy remains relatively more robust, it is not immune to stress in the in ...

Development Bank of Turkey gets loan 11/05/2012
  The Development Bank of Turkey (DBT) signed a 75 million euro loan agreement with the European Inves ...

Turkish Chief of General Staff Özel to meet top US officials 10.05.2012
  Turkish Chief of General Staff Gen. Necdet Özel visits the United States at the invitation of Chairm ...

Turkish, US chiefs of staff meet in Washington 09.05.2012
  Turkey and America's top military commanders met on Wednesday in what a spokesman from the US Joint ...

President Gül sets for lengthy US trip 09.05.2012
  A comprehensive schedule is being drawn up for President Abdullah Gül’s trip to the United States th ...

WMU Weekly Market Update 07.05.2012
  Weekly Market Update ...

FX Strategy Weekly 04.05.2012
  FX Strategy Weekly ...

WMU Weekly Market Update 30.04.2012
  Weekly Market Update ...

Turkey regaining ecological richness through new project 30.04.2012
  Thanks to new projects from the Natural Preservation and National Parks Association, Turkey is slowl ...

Panel for new charter starts landmark duty in Turkey 30.04.2012
  All eyes in Turkey are turning to the capital, Ankara, as a multi-party parliamentary commission sit ...

Human-controlled aerial vehicles to come to Turkey 30.04.2012
  As tense Turkish-Israeli relations have made it almost impossible to renew intelligence cooperation ...

Jewish lobby calls on US to prevent Turkish block of Israel from NATO summit 30.04.2012
  The American Jewish Committee (AJC), a prominent US-based Jewish advocacy organization, has called o ...

Turkey blocks EU from NATO summit unless OIC also attends 30.04.2012
  Ankara says it will block EU participation in an upcoming NATO summit unless the Organization of the ...

European Bank inks huge wind farm deal in Turkey 28.04.2012
  The European Bank for Reconstruction and Development, which has lent 1.6 billion euros to Turkey, ha ...

Turkey expecting to mend Iraqi ties 27.04.2012
  Turkey expects no further deterioration in its ties with Iraq while also believing that Baghdad will ...

Turkey slams Obama and French leaders on Armenian killings 26.04.2012
  Turkey expressed “deep regret” over United States President Barrack Obama’s April 24 statement on th ...

Turkey’s TPAO starts oil, natural gas search in northern Cyprus 26.04.2012
  Turkey began exploratory drilling for oil and gas on Thursday in the Turkish Republic of Northern Cy ...

SANCTION-HIT IRANIAN BANKS LINE UP TO ENTER TURKISH FINANCIAL MARKET 26.04.2012
  Iranian investors, who established a record number of companies in Turkey last year, have shifted th ...

TURKEY’S MOVE TO CIVILIAN RULE GETS PRAISE FROM EU 26.04.2012
  The EU welcomes Ankara’s efforts to end the age of military tutelage and consolidate civilian rule o ...

Ankara reacts to Washington and Paris over ‘genocide’ 25.04.2012
  The Turkish Foreign Ministry in a statement has rejected US President Barack Obama's remarks on the ...

Turkey insists on visa exemption versus visa facilitation 24.04.2012
  Minister of European Union Affairs Egemen Bağış has welcomed Austria’s move to facilitate the visa p ...

Net foreign direct investments soar by 25 percent in 2 months 24.04.2012
  Foreign direct investment in the health and social work industries outshined all other sectors in te ...

US President Barack Obama Doesn’t Use G-Word Again 24.04.2012
  US President Barack Obama once again did not use the term “genocide” in his traditional statement on ...

Boeing launches spy plane training for Turkish staff 23.04.2012
  Boeing, the American aerospace company, launched a training program for Turkey’s airborne early warn ...

Turkish FM talks Palestine with Hamas chief 23.04.2012
  Foreign Minister Ahmet Davutoğlu met with Hamas chief Khaled Mashaal in Doha, the capital of Qatar, ...

Turkey blocks Israel from NATO summit 23.04.2012
  Turkey blocks the participation of Israel in a NATO summit in May despite calls from NATO allies inc ...

Iraq summons Turkish envoy over Erdoğan broadside 23.04.2012
  Iraq, locked in a public row with neighbouring Turkey, has summoned Ankara's ambassador in Baghdad t ...

Turkish PM lashes out at Iraqi counterpart, denies meddling 22.04.2012
  Turkish Prime Minister Tayyip Erdoğan on Saturday rejected charges he sought to inflame sectarian di ...

Mexico signals FTA with Turkey as relations improve 22.04.2012
  Economy Minister Zafer Çağlayan announced on Friday that he had talks with Mexican Secretary of the ...

Count us in on nuke power, says Finland 21.04.2012
  Finnish companies might be interested in participating in Turkey’s nuclear projects, said Finnish Pr ...

Government excludes gains from sales of deforested land 20.04.2012
  This year’s budget does not include any estimate of the proceeds from sale of deforested lands, Depu ...

Asian investments up, EU investments down in Turkey 20.04.2012
  Asian capital holders were more eager to enter Turkish markets than their European counterparts as t ...

BARZANI ARRIVES IN TURKEY 20.04.2012
  As part of his two-day visit, Massoud Barzani, president of the Kurdistan regional of Iraq, yesterda ...

Erdoğan visits Qatar for talks on Iraq, crisis in Syria 19.04.2012
  Prime Minister Recep Tayyip Erdoğan left on Thursday for Qatar, the position of which has recently b ...

Ankara starts initiative for Bosnia’s NATO status 19.04.2012
  Turkey started an initiative with several Balkan countries yesterday to push NATO to recognize the M ...

Assad misused chance offered by Annan plan, Turkey says 19.04.2012
  Foreign Minister Ahmet Davutoğlu told a NATO gathering earlier this week that President Bashar al-As ...

TURKEY TO BE REPRESENTED AT A JOINT MEETING OF NATO FOREIGN AND DEFENSE MINISTERS 18.04.2012
  A joint meeting of NATO foreign and defense ministers will be held at NATO headquarters in Brussels ...

Turkey to report Syria at NATO 18.04.2012
  Turkey is expected to raise the issue of “violation” of its Syria border at a NATO ministerial meeti ...

US companies introduced to Turkish incentive scheme 18.04.2012
  Turkey’s new investment incentive scheme is the world’s greatest system, and will hopefully lead to ...

Ali Babacan and Ahmet Davutoglu 18.04.2012
  The 100 Most Influential People in the World

They are the people who inspire us, entertain us, cha ...

NEW TAX AMNESTY EXPECTED TO BOOST FOREIGN PORTFOLIO INVESTMENTS 18.04.2012
The Turkish government expects to boost hot money inflow to Turkey with a newly announced annulment ...

Turkey to host talks for Iraqi sect leaders 07.02.2012
Turkey will host Shiite and Sunni religious leaders from Iraq in late February in a bid to promote d ...

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