Business

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‘Topal Ali’: pioneering British Turkish supermarket businessman Ali Gül Güneş dies aged 85

Ali Gül Güneş, the pioneering British Turkish businessman affectionately known across London’s Turkish community as “Topal Ali”, has died aged 85.Güneş, who died on 14 August, was one of the best-known figures among the first generation of migrants from Turkiye to settle in Britain and played an imp...

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Azerbaijan turns its ‘king of fruits’ into a growing export success

Azerbaijan is hoping one of its most cherished national symbols can also become a major international business success, as the country expands production and exports of its celebrated pomegranates.A report by Euronews Business last week highlighted how Azerbaijan is seeking to turn the fruit – known...

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Istanbul flies past Heathrow to become Europe’s busiest airport

Istanbul Airport has overtaken London Heathrow as Europe’s busiest airport, marking a major milestone for Türkiye’s rapidly expanding aviation sector and one of the clearest signs yet of Istanbul’s emergence as a global transport hub.The Turkish airport handled 8.15 million passengers in July, nearl...

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Turkish AI pioneer Koray Kavukcuoglu takes the helm at Google DeepMind

Türkiye-born computer scientist Koray Kavukcuoglu has been handed one of the most influential jobs in global technology, taking over the day-to-day leadership of Google DeepMind as the tech giant intensifies its race to develop artificial general intelligence (AGI).Google and Alphabet chief executiv...

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Turkish aviation giant TAV agrees $133m deal to take full ownership of Kazakhstan’s largest airport

Turkish airport operator TAV Airports is set to become the sole owner of Almaty International Airport after agreeing to purchase the remaining 15% stake in Kazakhstan’s largest and busiest airport for $133 million. TAV pursued the deal though its Dutch subsidiary Aviator Netherlands B.V., incre...

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Rolls-Royce CEO Tufan Erginbilgiç’s strategy sees “record performance” as company profits double

Rolls-Royce’s Turkish Chief Executive Tufan Erginbilgiç has lived up to his nickname ‘Turbo Tufan’ by spearheading the company to more than double its annual operating profit to £1.6bn.The figures for 2023 are up from £652 million a year earlier, far exceeding the company’s own forecasts of between...

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UK Business Secretary Kemi Badenoch’s Istanbul visit aims to build on record trade year with Turkiye

Kemi Badenoch returned from a visit to Turkiye optimistic the UK could further strengthen bilateral trade ties with Turkiye following a raft of positive meetings and announcements.The British Business and Trade Secretary met with her Turkish counterpart, Minister for Trade Ömer Bolat, and also visit...

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Turkiye’s Central Bank raises interest rates to 42.5% to combat high inflation

A return to orthodox fiscal policies in Turkiye has seen a steep rise in interest rates as the Turkish government and Central Bank seek to check rampant inflation.On Thursday, as expected, the Central Bank announced a rise in interest rates – the seventh consecutive monthly increase.The 250 basis po...

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How to stand out in spring 2020

To warm the ladies during these cold winter days, T-VINE looks at the Spring Summer 2020 collections of four London-based Turkish designers, as seen at London Fashion Week in September. Popular with celebrities and royalty alike, designers Erdem and Bora Aksu returned to familiar themes, paying...

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Turkish brands woo Britain

In sophisticated markets like the UK, you need spectacular branding. This process of creating a unique identity is not just about the company or product name and a logo, but also its values, personality, people, culture and service, which shape the way customers and the wider world perceive it. ...

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