Turkey - Middle East News 247
January 12, 2025
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Travel

Exploring the Armenian Genocide Memorial Complex in Yerevan

In memory of 1.5 million massacred Armenians Overlooking the city of Yerevan, Armenia, lies a place of solemn remembrance and historical significance—the Armenian Genocide Memorial Complex. The Armenian Genocide, perpetrated by armed troops of the Ottoman Empire during World War I, saw over 1.5 million ethnic Armenians systematically killed through massacres, forced
NEWS DESK

MNT-Halan Expands Into Turkey With the 100% Acquisition of Market-leading Finance Company Tam Finans

MNT-Halan, Egypt’s largest non-bank financial institution and fintech, has acquired Tam Finans, a leading commercial finance company in Turkey with a loan book exceeding US $300 million, from Actera Group, the country’s leading private equity firm, and the European Bank for Reconstruction and Development (EBRD). Terms of the transaction were not disclosed. The market
NEWS DESK

Tarek Daouk expands Leadership remit to Turkey as CEO, MENAT and appointedPresident, Merkle SEMENAT

dentsu today announces the appointment of Tarek Daouk as CEO for the newly created sub-cluster of dentsu Middle East North Africa and Turkey (MENAT), expanding his role to lead dentsu’s operations in Turkey. Going forward, Tarek will lead the integrated growth strategy and business execution for MENAT, where dentsu has reorganised its operations to accelerate […]
NEWS DESK

BLS International Holding Anonim Şirketi (Turkey) Successfully Completes Acquisition of 100% Stake in iDATA

BLS International Services Limited, a leading global tech-enabled service partner for governments and citizens, announced the successful completion of the acquisition of 100% stake in iDATA and its wholly owned subsidiaries, through BLS International FZE (WoS of BLS) and BLS International Holding Anonim Şirketi (WoS of BLS International FZE). Turkey-based iDATA, a leading
Business GCC Saudi Arabia

Saudi Arabia makes a $5 Billion deposit at the Central Bank of Turkey through the Saudi Fund for Development

Turkey, İstanbul — In implementation of the directives from the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and His Royal Highness Crown Prince and Prime Minister, Mohammed bin Salman Al Saud, KSA Minister of Tourism and Chairman of the Saudi Fund for Development (SFD) Board of Directors, H.E. Mr. Ahmed […]
Business

The IKEA Foundation Commits €10 Million to Provide Emergency Assistance in Türkiye and Northern Syria

LEIDEN, The Netherlands: The donation will go to Médecins Sans Frontières’ (MSF) emergency fund to provide life saving care where medical needs are the greatest. This will support the delivery of essential aid, including medical assistance, psychological support and healthcare services to those most impacted by the devastating earthquake. The IKEA Foundation is also
Hospitality

HYATT REGENCY BRAND DEBUTS IN IZMIR, TURKEY WITH THE OPENING OF HYATT REGENCY IZMIR ISTINYEPARK

CHICAGO (January 2023) – Hyatt today announced the opening of Hyatt Regency Izmir IstinyePark, located in Balçova, a charming district of Izmir and one of the oldest cities in the Mediterranean. Marking the sixth Hyatt branded property in Turkey, and the second Hyatt Regency hotel in the country, its opening demonstrates Hyatt’s intentional brand growth in […]