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.
Move could signal thaw in relations, frozen since Israel’s deadly 2010 raid on Gaza-bound aid flotilla
Senior AKP official says lawmakers need to discuss the parliamentary motion of extending Turkish military's mandate to take action in Iraq and Syria
Decision comes after a surge in violence in the southeast between Turkish security forces and Kurdistan Workers' Party (PKK)
Monday dailies cover Victory Day celebrations and reported PKK attacks in southeastern Turkey
A roadside bomb planted by the PKK has claimed the life of a thirteen year old boy
Leaders say government to take measures to bar any fraud or public disturbance on Nov. 1 when Turkey heads back to polls in renewed general election
Three guards injured as freight wagons roll down embankment in powerful blast
Turkish jets have joined in coalition strikes against ISIL
No information regarding the identity of 14 ISIL supporters who have been arrested in the south of Turkey has been given provided
A deputy from the ruling AK party bFirst headscarf-wearing woman named minister in Turkeyecomes the first minister wearing a headscarf in the history of Turkey.
Having cancelled visa-free entry for Libyan nationals, Turkey now looks to introduce electronic visas
Two police officers amongst a group were targeted by PKK members as they left hospital in Sanliurfa, south east Turkey
Turkish Prime Minister Ahmet Davutoglu says the new cabinet 'represents every color of Turkey'
President Recep Tayyip Erdogan has approved the interim Cabinet list
Two Britons detained by Turkish security forces for working without government accreditation