EVENTS - Northern Cyprus to host Islamic Development Bank's forum

www.worldbulletin.net - The forum is important to introduce investment potential of TRNC to foreign investors.

Turkish Republic of Northern Cyprus (TRNC) will host a forum on "Investment in Northern Cyprus" which will be organized by Islamic Development Bank on Thursday.

TRNC Foreign Minister Huseyin Ozgurgun told AA on Wednesday that nearly 2,000 businessmen would arrive in TRNC tomorrow within the scope of the forum which would end on April 13.  (source)

FINANCE - TOBB says to take Islamic businesspeople to N.Cyprus

www.worldbulletin.net - ICCI's 28th General Assembly meetings will take place in Istanbul between April 8 and 11.

Union of Chambers and Commodity Exchanges of Turkey (TOBB) will take businesspeople from Islamic countries to the Turkish Republic of Northern Cyprus (TRNC).

The Islamic Chamber of Commerce and Industry (ICCI), as an organization linked to the Organization of Islamic Cooperation (OIC), brings together chambers of trade and industry, unions and federations from 57 countries. (source)

CAPITAL MARKETS - Turkey works on issuing rent certificate: deputy PM

www.worldbulletin.net  - "We hope to make the legal arrangement and issue the first certificate within this year," Babacan said during First Business Forum of Turkey-Cooperation Council for the Arab States of the Gulf in Istanbul.

Turkey's deputy prime minister said on Tuesday that Turkey was working on a more flexible legal arrangement that would enable foreigners to purchase real estate in the country.

Ali Babacan said that Turkish Treasury was working on issuing a rent certificate,.  (source)

FINANCE - OIC - Turkey to follow only UN sanctions against Iran

www.worldbulletin.net - Turkey’s largest oil refinery in Tüpraş relies on Iranian crude oil, and has been refreshing agreements with Iran for decades.  - Diplomatic sources have announced that Ankara will not be affected by the new set of sanctions on Iran, announced by the EU to cut all imports of Iranian crude oil to the EU bloc, on the grounds that Turkey will follow only UN-led sanctions.

“Turkey in principle feels bound only by UN Security Council sanctions against third countries,” diplomatic sources told Cihan on Monday, shortly after the EU governments agreed that they would ban all new contracts to purchase oil from Tehran. (source)

HALAL - Turkey eyes greater share of pie in global halal market

The size of the total global halal products market ranges from $1.2 trillion to $2 trillion per annum, according to industry experts. Turkey currently only has a small share of the pie, but it hopes to become one of the leading actors in the sector. (full story)