Prime Minister Recep Tayyip Erdogan defended his involvement in a defense contract and legal proceedings against Turkey’s most powerful media mogul, fueling a controversy unleashed by purported recordings of his phone calls.
Dogan Sirketler Grubu Holding AS, the owner of Turkey’s largest listed media group, jumped after Prime Minister Recep Tayyip Erdogan attended a public event with honorary chairman Aydin Dogan, suggesting relations with the government may be improving.
The tax debt of Turkish businessman Aydin Dogan’s media companies may be reduced to between 300 million liras ($197 million) and 400 million liras under a government restructuring plan, Star newspaper reported citing unidentified Finance Ministry officials.
Donald Trump, the U.S. real estate developer, opened a $400 million twin-tower complex in Istanbul and will partner Turkish owner and billionaire businessman Aydin Dogan in more real estate in the city.
As Nahit Kiler shows off an apartment on the 40th floor of his 54-story Istanbul Sapphire , the selling points include a sweeping view of the hills, minarets and waterways of this ancient city and, if one looks down, offices belonging to some of his business rivals.