Turkey to Open 50 Trade Centers Worldwide

The Turkish Exporters Assembly (TİM) aims to open approximately 50 trade centers around the world in the near future, said Bahadır Öztanyel, the TİM Promotion Organization Domestic and Foreign Trade Inc. CEO. Öztanyel spoke to Anadolu Agency (AA) about the commencement of the Ready-Made Clothing Sector Trade Center, which opened in New York with support from the Economy Ministry and in the coordination with TİM.

How Aydin Senkut Helped 11 Different Companies Grow to $1 Billion Each

Over the past 10 years, Aydin and the Felicis Ventures team have helped 11 companies grow to over $1 billion each. They also assisted 36 portfolio companies surpass the $100 million mark. Out of their 180 investments, 60 have turned into notable exits. That would be considered quite a great track record. I wanted to discover what made Aydin Senkut so successful at venture capital, so I sat down with him to get his thoughts on investing, working with entrepreneurs, and the journey he’s taken to grow Felicis Ventures to its latest fund size of $200 million. Aydin is fond of saying that “the only constant is change.” When you’re a venture capitalist constantly searching for the next great company, that’s an understatement if there ever was one. Here is what he and his team focuses on to find, back, and support the best founders.

Hamdi Ulukaya Launches $5 Million Hamdi Ulukaya Initiative For Turkish Entrepreneurs

Billionaire Hamdi Ulukaya and his yogurt company Chobani are giving something back in the spirit of entrepreneurship that allowed him to strike it rich in the yogurt game. He's doing it by launching the Hamdi Ulukaya Initiative, which will provide training for young entrepreneurs in Turkey who are looking to get a leg up in their business exploits.

Turkey Files WTO Complaint Against U.S.

The decision of the U.S. authorities to introduce anti-dumping measures against the steel of Turkish production caused discontent of Ankara, which appealed to the World Trade Organization with a complaint against Washington. Turkish Economy Minister Nihat Zeybekci named the anti-dumping investigation and introduction of additional tariffs on Turkish steel exports to the U.S. as unjustified. Zeybekci stated the unacceptability of the position of the American authorities, Anadolu news agency reported.

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Turkish Exports to the US Boosted amid European Stagnation

Image Turkish exports to the U.S. have skyrocketed over the past five years, reaching an astounding $6.3 billion in 2014, a data sheet compiled by the Turkish Statistical Institute revealed last Friday. Turkey's exports to the U.S. increased over 12 percent in 2014, making it the sixth biggest purchaser of Turkish goods last year.

Chobani Ranks No. 117 on the 2012 Inc. 500|5000

Image Inc. magazine today ranked Chobani No. 117 on their annual Inc. 500|5000 list, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at an integral segment of the economy—America’s independent entrepreneurs. This is the first year that Chobani has been recognized on this list as they join other prominent companies like Yelp, Giftcards.com, KIND, and famed hatmaker Tilly’s.

Turkish Airlines Orders 15 Boeing 737 Aircraft

ImageTurkish Airlines on Friday announced that it has decided to order 15 Next-Generation Boeing 737 aircraft in a deal valued at more than $1.2 billion.

The order of the Istanbul-based carrier compromises of ten 737-800s and five 737-900ER aircraft. They have an average list-price value of more than $1.2 billion, although the companies did not release how much was actually paid.

Boeing said it will deliver all of the Turkish Airlines new Next-Generation 737s with the Boeing Sky Interior. This new interior introduces larger overhead stowage bins with a new design that provides more open space in the cabin.

The new interior also provides a soft blue sky overhead simulated by light-emitting diode (LED) lighting and features modern, sculpted sidewalls and window reveals to draw passengers' eyes to the view outside the window, as well as cove lighting and curving architecture.
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