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.
Opposition leader claims that his party faces the possibility of being shut down.
Lira jumps as Erdogan says he will meet with Basci and Babacan, but then slides after robust US data points to Fed interest rate hike.
Nizamettin Tas says terrorist group will heed jailed PKK leader Ocalan's call to lay down weapons, a major point in ongoing peace talks of more than two years.
Turkey prepares for possible refugee influx amid talk of international military campaign on Mosul.
Turkey's President Erdogan welcomes possible candidacy of his predecessor Gul, after ruling party spokesperson last month rejected rumors of former president standing for office.
Turkey’s main opposition leader Kemal Kilicdaroglu alleges preparations are being made to shut down political parties.
Friday’s dailies focus on Thursday's military aircraft crash in central Turkey and the US dollar's record rise against the lira.
Turkish and Russian media report that Quvatov was shot in the head on a street in Istanbul late on March 5. An official at the Tajik Foreign Ministry said he could not comment until the ministry had more information.
Turkey's Akkuyu nuclear power plant will have more thorough security conditions than its reference, Novovoronej nuclear plant.
Foreign Minister Cavusoglu says Turkish government gives logistical and intelligence support to the Iraqi government in Baghdad in its fight against Daesh.
Although 30 percent of the labor force is female, low wages and inability to grow in the workplace daunts women.
Thirty students have come together to shoot a video in 16 languages to challenge what they say is a “wrong” perception of Islam
Turkish fighter jet crashes during training flight, died two pilots
Syria's civil war has caused the death of thousands of people and the displacement of millions across into Turkey. Filmmaker Ossama Mohammad has compiled a film, shown at Cannes from those who know best - clips taken from videos the Syrians have filmed on their cell phones.
Turkish banking regulators have seized a small share over an alleged illegal share sale.
Turkish Defense Minister says Ankara is ready to support material aid for those that will be forced to leave Mosul