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More US Tourists Coming to Turkey Thanks to Designer's Ad Campaign

Image An award-winning Turkish visual designer based in Los Angeles has helped increase American tourist numbers to his homeland by 30 percent thanks to a strategic advertising campaign.

“Bringing tourists to Turkey is not only possible by taking the photos of the Maiden’s Tower, Ephesus and Ölüdeniz and advertising them in Times Square and The New York Times,” visual designer Emrah Yücel recently told Anatolia news agency. “A strategy is necessary behind this activity; it is necessary to know American people. We pay attention to give the right message in right times.”

Yücel won a job tendered by the Culture and Tourism Ministry and began a poster campaign earlier this year that used visuals resembling Hollywood movie posters to increase the number of U.S. visitors to Turkey from 100,000 to 130,000 over the previous year, according to official ministry data.

The designer, who has worked in Hollywood for many years, said his promotion team attached great importance to Easter and Thanksgiving, which are very important to Americans, as well as April 23 Children’s Day.

Dow, Aksa of Turkey in Talks to Form Carbon Fiber Joint Venture

Image Dow Chemical Co. (DOW), the largest U.S. chemicals manufacturer, and Aksa Akrilik Kimya Sanayii (AKSA) AS, a Turkish maker of synthetic acrylic fibers, are in talks to form a joint venture to make carbon fiber and derivatives, the companies said.

Dow and Istanbul-based Aksa signed an accord to “examine opportunities to develop and market a broad range of products and technical service offerings in the carbon fiber-based composites industry,” the companies said today in a statement.

The manufacturers will work on products aimed at “increasing the energy capture of wind turbines, improving the fuel economy of automobiles, and extending the life of roads and buildings,” Andrew Liveris, chairman and chief executive officer of Midland, Michigan-based Dow, said in the statement.

Dr. Oz Is Eighth Turk to Grace Cover of Time Magazine

Image Mehmet Oz becomes the eighth Turk to grace the cover of one of the world's most prestigious magazines, Time. The Turkish health guru known as Dr. Oz, who gained fame as the host for on a show on the American TV channel Fox, has become the eighth Turk to grace the cover of one of the world's most prestigious magazines, Time.

Time's cover this week features Dr. Oz examining himself as a patient for an article he wrote about lessons he learned from his own cancer scare.

In the article, Oz tells about his fear of his colon cancer. Built by the 50th day of age during a colon cancer check-up suspicion arose, and then spent by the operation of self, said:

"I am a famous doctor. I give advice to millions of people. I am proud of being a good doctor and a good family man, but in fact I had been a bad patient,” he said.

Top Businessman Hopes to Strengthen Trade Ties with US

Image Following his visit to the United States to develop economic relations between Turkey and the U.S., the chairman of the Union of Chambers and Commodity Exchanges of Turkey, or TOBB, said he received extremely positive signals from his meetings despite the current picture of weak trade ties.

The new “model partnership,” a term used by first U.S. President Barack Obama to define relations between the two countries, has spread to all areas in the U.S., Rifat Hisarcıklıoğlu, said. “The U.S. Department of State and the Department of Defense presented us with practical advice for developing economic relations. I have been visiting the U.S. for 10 years, but there has never been such an approach. For this reason, I am returning home with high hopes.”

Istanbul Becomes a Star in World Congress Tourism

Image Istanbul, which ranked seventh in world congress tourism last year and sixth in Europe, has become an international convention destination, according to Murat Yalçıntaş, chairman of the Istanbul Chamber of Commerce, or ICOC. "By strengthening its position among the top 10 cities in world convention tourism, Istanbul should target to enter the top five in the next five years," said Yalçıntaş, who has also been the chairman of the Istanbul Convention and Visitors Bureau, or ICVB, since March 2006.

Businesses Most at Risk for Internet Hacking

Image Career criminal Willie Sutton is credited with saying that he robbed banks, “because that’s where the money is,” and while Sutton later claimed to have never uttered that infamous line, he did say in his autobiography that criminals “go where the money is … and go there often.”

Unfortunately for many businesses, today’s Internet criminals seem to be going where the money is and they are, indeed, going there often—as the recent hacking of Sony’s PlayStation Network has proven. Cyber crime experts say that virtually all businesses online are targets.

“Money attracts criminals,” says Melih Abdulhayoglu, CEO of Comodo, the maker of antivirus and firewall solutions for business. “The financial industry continues to suffer a lot from cyber crime attacks.”

Turkish Director Ceylan Brings Home Latest Cannes Honor

Image Turkish director Nuri Bilge Ceylan picked up another international award Sunday, winning the prestigious Cannes Film Festival’s Grand Jury Prize for his most recent work, “Bir Zamanlar Anadolu’da” (Once Upon a Time in Anatolia).

“Thank you for selecting my long and difficult movie one more time,” Ceylan said at the award ceremony, adding that he did not expect to win the prize.

“Screening it on the last day, I thought it would be too tiring for the jury,” the director said in a press conference following the announcement. “We thought that the jury members, press members and audiences would be tired and our film is one that is hard to watch.”

When asked if he felt burdened by a responsibility to present Turkish cinema to the world, Ceylan said, “Turkish cinema is changing for the better.”

Japanese Partner for Abu Dhabi's Investment Bank's Turkey Trot

Image Invest AD, an investment bank owned by the Abu Dhabi Government, is teaming up with a Japanese company to launch a $100 million buyout fund focused on Turkey.

The joint venture between Invest AD and Japan's SBI Holdings will be the second for the two companies after they set up a $100m Africa fund last year. Each of the two parties will contribute $50m to the new Turkey fund, according to a statement.

"We're developing a strong long-term interest in Turkey, a strategically important country in the region which has seen robust economic growth in the last 10 years," said Nazem Fawwaz al Kudsi, the chief executive of Invest AD.

Invest AD already has an interest in Turkey through its existing private equity funds. The company in 2009 bought part of EKOL Logistics, which handles shipments of goods between Turkey and Europe.

Turkish Chamber Wants 'Mutual Benefit'

Image
Alp Levent, executive director of Turkish American Chamber of Commerce of the Southeast Tennessee, right, talks with Dr. Millicent Gray Lownes-Jackson at the grand opening of the Turkish American Chamber of Commerce's Nashville office., Jae S. Lee, The Tennessean
Turkish-Americans are hoping to build a bridge between Middle Tennessee and Turkish businesses with a new chamber of commerce that targets companies and students.

“This chamber is to increase interaction among businesses and educational institutions in Tennessee and Turkey. Our goal is to facilitate commerce and relationships,” said Murat Arik, chairman of the chamber’s advisory board. “We are different and have a much broader focus than traditional chambers that represent local businesses. We are looking to organize business trips and coordinate business match-making and bring business students to the table.”

Kemal Dervis Is Favourite to Take Over at IMF

ImageTurkish politician and economist Kemal Derviş is the early frontrunner to replace Dominique Strauss-Kahn at the International Monetary Fund.

William Hill is offering odds of 5/2 on Derviş, the former Turkish finance minister, becoming the IMF’s next managing director. He is followed by Montek Singh Ahluwalia, deputy chairman of India’s Planning Commission, at 5/1.

Germany’s Axel Weber is third favourite at 7/1. Singapore’s Tharman Shanmugaratnam – who was promoted to deputy prime minister earlier on Wednesday – and former UK prime minister Gordon Brown are both available at 8/1.
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