World Bulletin / News Desk
The first tender for the recreational areas of a much-anticipated TL 4.5 billion project that aims to make İstanbul an International Financial Center (IFC), which was set to take place on Aug. 8, has been delayed to Aug. 31.
The reason given for the delay is that there have been changes to the tender requirements. The Emlak Konut real estate partnership is responsible for the assignment of the tender, and experts predict the tender will be contracted at a price between $800 million and $1 billion.
According to the Ministry of Environment and Urban Planning, which is overseeing the project, it will be completed in three-and-a-half years and consist of a congress center, trade centers, hotel and health center as well as a center for cultural activities. Project plans indicate revenues made from the sale of properties in the first two years will be used towards infrastructure expenses.
President worried that a declining birth rate may undermine economic growth
Turkish energy minister Yildiz addresses Putin decision to scrap South Stream project and opt for alternative route through Turkey
Around 150 students are occupying Libyan embassy in Ankara in a row over unpaid scholarships.
Davutoglu will see President Ivanov and Prime Minister Gruevski in Macedonia. Minorities Representative of the Turkish Democratic Party Kemal Hasip will also meet with the minister. Ways to increase 400 million dollar business increased to $1 billionwill be sought during the meeting.
Sarajevo Stock Exchange to link up order-routing system with Borsa Istanbul in 2015.
Pro-Kurdish HDP politicians meet Turkish deputy prime minister to push solution process forward, but claim many issues remain unresolved.
Istanbul Police Department launch 55 operations against drug abuse across city and have detained around 200 people in the last ten days.
The incident occurred in the Nusaybin area of Mardin province, near the border with Syria, during a military patrol, according to the General Staff website.
Turkish minister of Transport and Communications Lutfi Elvan says government plans to open Istanbul's third bridge over Bosphorus in October.
Turkish newspapers have focused on the prime minister's remarks on corruption, an anticipated parliamentary commission ruling on last December's anti-fraud probe, plus the shooting dead of two police officers in New York
Davutoglu says they will foil all attempts that reach out for Turkey's national will and resources masked as anti-graft efforts
Haniyeh said the Turkish support has proven vital in easing the suffering of the residents of the blockaded Gaza Strip.
Energy minister says government plans large-scale investment in Kahramanmaras, indicating foreign interest in similar investments in Turkey's Mediterranean city
Some 1,122 -over 26 percent of total- of foreign-partnered companies were founded directly by Syrians or as partners with local businessmen between January and November.
Turkey's AFAD says the government spent nearly $12 million in aid to shelter-seekers from Kobani
Hundreds of people from all backgrounds have gathered in Ankara at the Pakistan embassy to honour the victims of the Peshawar attack this week.