Turkish Press Review

Turkish Press Review of Turkiye, Zaman, Yeni Safak, Vatan, Cumhuriyet, Radikal, Hurriyet, Milliyet, Sabah

Turkish Press Review
Turkish Press Review of Turkiye, Zaman, Yeni Safak, Vatan, Cumhuriyet, Radikal, Hurriyet, Milliyet, Sabah


Addressing the people in eastern cities of Agri and Igdir, Turkish Prime Minister and Justice & Development (AK) Party Chairman Recep Tayyip Erdogan said that everyone should cast his/her vote in the general elections. Erdogan also called on the nation not to 'waste' their votes on independent candidates. He stated that independents in the parliament could do little to influence decisions.

Turkish Airlines (THY) General Manager Temel Kotil said that IATA (International Air Transport Association) Congress would be held in Istanbul in 2008. "This congress will be a great opportunity for Turkey. Executives from 270 airlines are expected to attend this congress," Kotil underlined.


As Turkey is preparing to welcome record heat temperatures, the Turkish Ministry of Health has issued a warning. According to the Health Ministry, individuals should not consume excessive fats during hot weather. Food like fish, pistachios and walnut should be consumed as much as possible during hot days.

Businessmen from Dubai will open a factory in Aegean province of Kutahya worth 200 million USD. The factory will produce cement and employ 300 people.


The public offering of Albaraka Turk will be made with capital increase method and 20.22 percent of the bank's shares will be sold. General Director of the bank, Adnan Buyukdeniz said they expect demand from the USA, Europe, Gulf countries and Far East.

Iranian musician Davud Azad, who merges Johann Sebastian Bach's music and Mevlana's words, gave a concert titled "Mevlana and Bach Divan" at Aya Irini (Hagia Eirene) Museum. Azad was a guest of the Istanbul Music Festival with his project originally titled "Divan of Rumi and Bach." Azad said that there is a very special harmony between the works of Mevlana and Bach, noting that his album "Divan of Rumi and Bach" sold a record number of 16,000.


Oyak Bank of Turkey will be sold to Dutch ING Bank for 2.7 billion U.S. dollars. ING Chief Executive Michel Tilmant said that it was a great time to enter Turkish market, indicating that Turkey would become the 12th biggest economy in the world in the coming 10 years. Name of Oyak Bank will be changed in one year after sale procedures are completed.

Brazilian football star Roberto Carlos, Fenerbahce football club's new player, signed the official two-year contract with his new team. Nearly 5,000 Fenerbahce fans attended the signing ceremony.


Turkish Oyakbank has been sold to the Dutch ING Bank for 2.7 billion USD. With this sale, 42 percent of the Turkish banking sector now belongs to foreign investors.

The Turkish National Security Council (MGK) will convene in a bi-monthly meeting on Wednesday. High on the MGK agenda is terrorist incidents that have shown an increase recently in Turkey.


Oyak, founded as Armed Forces' Pension Fund, sold its bank for 3.5 billion YTL. Buyer is world's 13th biggest finance giant ING Group. The procedures (regarding the sale) will be completed by the end of 2007. Oyakbank will be the most expensive bank that has been sold in Turkey with 26.9 percent price/earnings rate. SIGNING CEREMONY AT THE STADIUM Fenerbahce signed the contract with Roberto Carlos at Sukru Saracoglu Stadium. President Aziz Yildirim, executives and approximately 5,000 fans participated the ceremony. "We want all the cups" said Carlos at the ceremony.


An Al Jazeera correspondent entered terrorist PKK's camps in north of Iraq. The photographs sent from the region are bothersome. At a time when Turkey is discussing a possible cross border operation into north of Iraq, PKK terrorists have placed anti-aircraft guns and mobile missiles in north of Iraq.

Brazilian football star Roberto Carlos, Fenerbahce football club's new player, signed the official two-year contract with his new team on Tuesday. The signing ceremony took place at Fenerbahce's home ground Sukru Saracoglu Stadium with the participation of Fenerbahce fans. Brazilian defender Carlos posed to cameras in yellow-blue Fenerbahce uniform. The stadium ceremony was the first in Turkish football history.


Turkey's Oyak Bank will be sold to Dutch banking and insurance company ING for 2.7 billion U.S. dollars. A statement said that Oyak Bank, part of the privately-owned industrial group which represents Turkey's army pension fund, would be sold to ING, which is the largest 13th bank of the world. "In addition to funding organic growth we also seek opportunities to get bolt-on acquisitions in fast developing markets. This is precisely what we do today," ING Chief Executive Michel Tilmant told reporters.

A soldier was killed in a clash with a group of terrorists in rural area in the northern city of Gumushane. Security teams launched an operation in the region. Seven members of terrorist organization PKK were killed in the operation.


Retired Captain Muzaffer Tekin, who was interrogated in connection to the bombs that were found in a house in Umraniye district of Istanbul, was arrested for being a member of an (terrorist) organization. The confidential records of National Security Council was found with Tekin as well. Ret. captain Tekin and Ret. noncommissioned officer Mahmut Ozturk, who appeared in court in connection to 27 hand grenades found in a shanty house in Umraniye were arrested. Tekin and Ozturk are accused of "seizing confidential documents of the state" and "being a member of a terrorist organization."

Bank of the Armed Forces Pension Fund (OYAK) is being sold to giant Dutch bank ING for 2.7 billion USD. The biggest bank of the Netherlands ING entered Turkey with OYAK Bank. ING that agreed with Oyak for 2.67 billion USD, will give its name to the bank in one year. CEO of ING Michel Tilmant said, "it was a perfect time to come (to Turkey). Turkey will become the 12th biggest economy in the world in 10 years time."

Last Mod: 20 Haziran 2007, 09:42
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