According to a released statement on Thursday, Saudi businessman al-Mugherah applied for a land allocation to the Governorship of Bursa. Al-Mugherah requested one million square meters land to build an enormous complex and thermal resorts and 100,000 square meters to construct an automotive spare parts factory.
Fairfax County Board of Supervisors Chairman Sharon S. Bulova (D) packed her bags late Friday for a 10-day trip to Turkey to explore possible economic exchanges and to strengthen cultural ties with Northern Virginia’s small population of Turkish immigrants. 
The Turkish entrepreneur Mustafa V. Koç, who plays a leading role in Turkey's finance and industry and is a strategic partner of the most important Italian industries active in Turkey, has won the Leonardo International 2012 Award. This prize is awarded each year by the Leonardo Committee to foreign businessmen that have contributed strengthening economic and commercial ties between Italy and their country of origin. 
Azerbaijani businessman, President of the Palmali Group of Companies, Mubariz Mansimov, has bought an island near the port that he owns in Bodrum city. Operational construction works are under way in the island, and a grandiose opening ceremony of the island is expected to be held soon, Gun.Az reported.
PATERSON, NJ – After a one-year absence, the Turkish-American parade returns to Paterson this weekend. The event will begin at noon on Sunday at the corner of Madison Avenue and Main Street. It will then proceed down Main Street into Clifton, where a festival will be held at Clifton Park.
Sierra Nevada Corporation (SNC), owned by Turkish couple Fatih and Eren Özmen, was among four companies chosen for a commercial space flight project by NASA. SNC will be competing against Boeing, Blue Origin, and SpaceX to produce a space shuttle. Last year, the company received $100 million for the project, and according to news portal, www.turkavenue.com, the couple behind SNC have named their shuttle “Dream Chaser.”
San Francisco, CA – Alt12 Apps, one of the leading publishers of social health apps, announced today the launch of Kidfolio, a social network and digital scrapbook for parents. In addition to Kidfolio, Alt12 Apps closed its seed round of funding of $1.26M. The round was led by Aydin Senkut’s Felicis Ventures, with participation from InterWest Partners and other individual angels, including HealthTap founder Ron Gutman. This funding will help Alt12 Apps make Kidfolio the best social network for parents and expand the company’s growing social health platform. 
Chobani has come a long way since the days of one buyer, five employees and the remains of a shuttered yogurt plant in New York. The Small Business Administration on Tuesday announced that the enormously popular Greek yogurt maker will take home its national Entrepreneurial Success of the Year Award for 2012. Now the top yogurt seller in the country, Chobani was recognized for its dramatic growth in sales and employees as well as its charitable contributions to its surrounding communities.
By Charles Black - As the space shuttles take their place in museums, having retired from service in 2011, what is NASA's strategy for the future of spaceflight? NASA wants "routine access" for both cargo and crew to the space station, and has also set its sights on deep space exploration for the longer term. To achieve these objectives NASA is outsourcing low-Earth orbit spaceflight to the commercial sector whilst developing its own capabilities for travel beyond low-Earth orbit. 
Turkish American Business Conference (TABCON 2012), the leading business and networking event organized by Turkish American Business Connection Association (TABC), will be held on May 5th, 2012, at the Computer History Museum in Mountain View, CA. This full day conference attended by hundreds of professionals will focus on "the entrepreneur" and offer a series of panels emphasizing current trends in the entrepreneurial and investor community.
