NEWS

At the top of President Recep Tayyip Erdoğan’s agenda during his upcoming visit to South Korea on May 2-3 will be investments and cooperation in the defense industry, South Korean Ambassador to Turkey Choi Hong-ghi has said.     

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Saudi Arabian and Turkish investors have reached an agreement to establish the Kingdom’s first factory to build trailers and containers, at a cost of $133.3mn, it was announced on Wednesday.

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The U.S. State Department on Thursday praised Turkey's national flag carrier for purchasing $10 billion worth of aircraft from the U.S. aerospace giant Boeing Co.

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The construction of Istanbul's third airport which will also host the world's largest terminal under one roof is expected to open on October 29. The construction of Istanbul's third airport and the world's largest terminal under one roof will be completed on time, Turkey's Minister of Transport, Maritime Affairs and Communications Ahmet Arslan said on Tuesday.

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ISTANBUL, April 6 (Reuters) - Turkey's construction firms, which have driven the country's stellar economic growth for years, face payment problems and a slowdown in new projects, the sector's main association says.

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