Berlin-based online food delivery company Delivery Hero Holding GmbH announced its intention to purchase Yemeksepeti.com for $589 million, to be paid in cash and stock. The goal is to expand their reach into Turkey, the United Arab Emirates and Qatar. Included in the terms of the deal will be that Yemeksepeti’s investors will become Delivery… Continue Reading
Tag Archives: Turkey
Iran Displays Sajjil Missile During Military Parade
The 31st anniversary of the commencement of the Iraq-Iran war was marked last week with a spectacular military parade complete with a display of Iran’s growing arsenal of short and medium range ballistic missiles. The solid-fuel Sajjil was brought back for another year, after its parading last year was such a success. The Sajjil missile… Continue Reading
Syria Cracks Down on Rebels Near Turkish Border
Violence has stepped up a notch or two in Syria as the government continues to crackdown harshly on anti-government protestors across the country. One hundred people or more have already died just this past week in the Syrian regime’s attempts to suppress rebels in the face of growing concern and criticism within the international community.… Continue Reading
Syrian Protest Movement Calls For Foreign Intervention
In what analysts are calling a “dramatic departure” from the stated goals of the protests by dissidents in Syria over the past 5 months of confrontations with the Syrian regime of President Bashar al-Assad, activists are calling for ‘international protection’ for their cause. Two Videos Demand Protection Two amateur videos posted over the weekend on… Continue Reading
Life in Gaza One Year after Mavi Marmara
One year has passed since the Israeli raid by commandos on the Turkish ship Mavi Marmara, which left nine dead. The Mavi Marmara was part of a larger flotilla whose stated aim was to break the blockade on Gaza and bring desperately needed supplies, like medicine, school supplies and construction materials into the area. Gazan… Continue Reading
Turkish Elections Strengthen Democracy
On June 12 elections in Turkey resulted in the return to power of the Justice and Development Party (AKP) which won 50 percent of the votes. This not only brings the incumbent Prime Minister Erdogan back to power, but also bodes well for Turkish democracy. AKP to Create Consensus Now that the AKP has… Continue Reading
Japan Prepares To Build Middle Eastern Nuclear Power Plants
Japan is working hard to beat out China and Korea in bids to build civilian nuclear power plants in the Middle East. Tokyo is supporting Japanese firms to get contracts in the Middle East. The Japanese expect many nuclear power plants to be built due to increased electric demand because of population growth. The first… Continue Reading