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Inside this issue
• The Istanbul Gold Exchange is aiming to expand and diversify
• Turkey’s four ‘participation banks’ may have an edge over conventional rivals in an economic upswing - -
Content
Ambition yet to be matched by reality
The city is the centre of corporate life in Turkey but capital markets lack depth, writes Delphine Strauss
Reforms falter as EU project comes unstuck
Turkey’s creative use of ‘soft power’ contrasts with the feebleness of the EU’s efforts, says David Gardner
Gold trading: Turkey builds on millennia of tradition as market changes
David O’Byrne on an institution with ambitious plans for expansion
Infrastructure: Crown jewel’s shine is lost in the smog
Population growth is the biggest strain on resources, writes Pelin Turgut
Islamic finance: Ambitious growth targets set by country’s ‘participation banks’
Delphine Strauss on the growing role of religion in Turkey’s banking system
Profile: STFA emerges from ‘nightmare’
Delphine Strauss on Ilker Keremoglu, chief executive of STFA, one of Turkey’s most venerable family companies
Governance: Concerns remain despite improvement in standards
Anthony Skinner on the need for tighter regulation of companies
Eating out: Culinary revival finds flavour with diners
Pelin Turgut on how local food is being reinvented with a contemporary twist
Commercial property: High prices curb demand as focus turns to Asian sid
Michael Kuser on a market driven by local, rather than global factors
