Latest news with #Izmir
Zawya
2 days ago
- Business
- Zawya
Turkish Airlines brings tourism professionals together in Izmir with "Connect to Türkiye: Aegean" event
Turkish Airlines continues to bring industry stakeholders together to promote the cultural wonders of Türkiye, driven by the privilege of being the national flag carrier. The second event of the "Connect to Türkiye" series in Türkiye was held at Izmir's ancient city of Ephesus, an UNESCO World Heritage Site. Ahead of the event in Izmir, Turkish Airlines hosted approximately 200 senior executives from major tour operators from 90 cities worldwide, with programs in Afyon and Denizli cities to highlight the country's undiscovered gems. Commenting on the event, Turkish Airlines Chairman of the Board and the Executive Committee, Prof. Ahmet Bolat stated, "We extend our thanks to all stakeholders, travel agencies, and business partners from around the globe participating in our event. As we promote the cultural richness of Türkiye and showcase its historical and contemporary wonders, their contributions to this mission are paramount." Initiated first in New York in 2022 to strengthen Türkiye's international brand recognition and support regional tourism, "Connect to Türkiye" events continue to take place worldwide, latest of which was in Osaka in April 2025. In 2024, hundreds of tourism agency executives were also gathered in Istanbul to explore Türkiye's rich offerings. About Turkish Airlines: Established in 1933 with a fleet of five aircraft, Star Alliance member Turkish Airlines has a fleet of 483 (passenger and cargo) aircraft flying to 353 worldwide destinations as 300 international and 53 domestics in 131 countries. More information about Turkish Airlines can be found on its official website or its social media accounts on Facebook, X, YouTube, LinkedIn and Instagram. About Star Alliance: Established in 1997 as the first truly global airline alliance, the Star Alliance network was founded on a customer value proposition of global reach, worldwide recognition, and seamless service. Since its inception, it has offered the largest and most comprehensive airline network, with a strong emphasis on enhancing the customer experience throughout the entire Alliance journey. The member airlines are: Aegean Airlines, Air Canada, Air China, Air India, Air New Zealand, ANA, Asiana Airlines, Austrian, Avianca, Brussels Airlines, Copa Airlines, Croatia Airlines, EGYPTAIR, Ethiopian Airlines, EVA Air, LOT Polish Airlines, Lufthansa, Shenzhen Airlines, Singapore Airlines, South African Airways, SWISS, TAP Air Portugal, THAI, Turkish Airlines, and United. Overall, the Star Alliance network currently offers 17,837 daily flights to over 1,160 airports in 192 countries. Further connecting flights are offered by Star Alliance Connecting Partner Juneyao Airlines.
Yahoo
6 days ago
- General
- Yahoo
Air from beehives comforts patients in Turkey
By Ali Kucukgocmen and Bulent Usta KARABURUN, Turkey (Reuters) - At his farm tucked away in an idyllic valley near the Aegean Sea, beekeeper Huseyin Ceylan helps people recover from ailments by having them inhale air from hives. Ceylan says people come regularly in late spring to Karaburun, in Turkey's Aegean coastal province of Izmir, mainly to supplement conventional treatment with traditional "apitherapy," a term derived from the Greek for bees. Guests tend to stay several days in cabins in lush greenery, inhaling air from beehives for up to three hours a day, which Ceylan says helps with issues from allergies to migraines. The government does not officially recognise the therapy though it is practiced by many other beekeepers round Turkey as well as in other countries including Germany and Russia. Ceylan, who comes from a family of beekeepers and studied agriculture, started his bee farm in Karaburun 30 years ago. He has lobbied for years for the sector to be accepted, conducting research and presenting findings to officials. "We are not against what we call Western medicine. After all, it is also very important too," he said, adding that his method goes hand-in-hand with conventional treatment. "I have been doing this for fifteen years, trying to bring this into medicine." CHILDHOOD NOSTALGIA Ulku Ozman, 69, decided to try the therapy method after a friend suggested it when several surgeries and frequent use of medicines weakened her immune system. In her nearly week-long visit, Ozman and others enter a cabin where ventilators connected to beehives deliver air. Each session lasts 45 minutes, with participants moving every 15 minutes to breathe from three different beehives, each with a different smell. Guests pay around 5,000 lira ($128) per day for the treatment plus accommodation and food. Seated across from the beehives with ventilators on their faces, the guests take deep breaths. Senay Ilham, 68, has breast cancer that metastasized to her spine but is in remission after receiving conventional treatment. "This smell seems familiar. It's like it is (coming) from my childhood," she said, recalling being stung by bees while playing outside as children with beekeepers working nearby. "(The beehive air) always brings me a breeze from these things. It relaxes me both psychologically and physically." ($1 = 39.1026 liras) (Additional reporting by Umit Bektas; Editing by Andrew Cawthorne)
Yahoo
19-05-2025
- Business
- Yahoo
Discovering Undiscovered Gems in Middle East Stocks May 2025
As the Middle East's stock markets experience mixed performances, with investors eagerly awaiting new catalysts amidst fluctuating oil prices and shifting global trade dynamics, opportunities arise for discerning investors to explore underappreciated sectors. In such an environment, identifying stocks with strong fundamentals and growth potential can be key to uncovering hidden gems within the region's diverse economic landscape. Name Debt To Equity Revenue Growth Earnings Growth Health Rating Kerevitas Gida Sanayi ve Ticaret 42.60% 43.79% 39.15% ★★★★★★ Izmir Firça Sanayi ve Ticaret Anonim Sirketi 29.47% 42.38% -38.36% ★★★★★★ MIA Teknoloji Anonim Sirketi 14.46% 58.05% 72.63% ★★★★★☆ Ege Endüstri ve Ticaret 19.99% 43.25% 22.60% ★★★★★☆ Alfa Solar Enerji Sanayi ve Ticaret 38.29% 5.19% -13.40% ★★★★★☆ Birlesim Mühendislik Isitma Sogutma Havalandirma Sanayi ve Ticaret Anonim Sirketi 44.20% 44.21% -32.62% ★★★★★☆ Sönmez Filament Sentetik Iplik ve Elyaf Sanayi NA 53.26% 26.61% ★★★★★☆ Bosch Fren Sistemleri Sanayi ve Ticaret 91.93% 46.59% 3.35% ★★★★★☆ Gür-Sel Turizm Tasimacilik ve Servis Ticaret 8.11% 55.10% 73.88% ★★★★★☆ National Corporation for Tourism and Hotels 19.25% 0.67% 4.89% ★★★★☆☆ Click here to see the full list of 244 stocks from our Middle Eastern Undiscovered Gems With Strong Fundamentals screener. We'll examine a selection from our screener results. Simply Wall St Value Rating: ★★★★★★ Overview: MAIR Group - P.J.S.C (ticker: ADX:MAIR) operates in the retail sector through hypermarkets, supermarkets, shopping malls, and more, while also managing retail properties and real estate investments, with a market cap of approximately AED3.48 billion. Operations: The company generates revenue primarily from its retail operations, which contribute AED1.74 billion, and real estate activities, which add AED207.26 million. The net profit margin is a key metric to watch for trends in profitability over time. MAIR Group, a debt-free entity, has seen its earnings skyrocket by 127.7% over the past year, outpacing the Consumer Retailing industry's growth of 2.3%. This impressive surge includes a significant one-off gain of AED30.1 million, impacting recent financial results up to March 2025. Trading at 83% below its estimated fair value suggests potential undervaluation in the market. Recent board changes and dividend affirmations underscore active governance and shareholder returns, with AED135 million approved for distribution as dividends for fiscal year 2024 profits. These factors position MAIR Group as an intriguing prospect within its sector. Click here and access our complete health analysis report to understand the dynamics of MAIR Group - P.J.S.C. Evaluate MAIR Group - P.J.S.C's historical performance by accessing our past performance report. Simply Wall St Value Rating: ★★★★☆☆ Overview: Miahona Company Limited operates in the Kingdom of Saudi Arabia, offering water facilities and treatment services, with a market cap of SAR4 billion. Operations: Miahona generates revenue primarily from water facilities and treatment services. The company has a market cap of SAR4 billion. Miahona, a notable player in the water utilities sector, has shown impressive growth with its recent earnings report for Q1 2025. The company's sales surged to SAR 175.17 million from SAR 81.6 million the previous year, while net income jumped to SAR 61.43 million from SAR 19.67 million. This growth is further supported by its involvement in a long-term contract for wastewater treatment in Jeddah's Industrial City valued at an estimated SAR 1 billion over 25 years. Despite a high net debt to equity ratio of 48%, Miahona's EBIT covers interest payments well at an impressive rate of 8.1 times, indicating strong operational performance amidst industry challenges and opportunities for future expansion through strategic projects like the Jeddah initiative. Get an in-depth perspective on Miahona's performance by reading our health report here. Understand Miahona's track record by examining our Past report. Simply Wall St Value Rating: ★★★★★★ Overview: Rasan Information Technology Company is a financial technology firm offering insurance and financial services in Saudi Arabia, with a market capitalization of SAR 6.63 billion. Operations: Rasan generates revenue primarily from its Tameeni - Motors segment, contributing SAR 217.33 million, followed by Leasing at SAR 133.96 million and Tameeni - Health at SAR 54.74 million. Rasan Information Technology has been making waves with a robust earnings growth of 116.4% over the past year, outpacing the insurance industry's -15.7%. Despite its small size, it boasts high-quality earnings and remains debt-free, which likely enhances its financial stability. The company reported a net income of SAR 94.73 million for 2024, nearly doubling from SAR 45.95 million in the previous year, while sales climbed to SAR 358.33 million from SAR 256.23 million. However, recent volatility in share price and a follow-on equity offering for an additional 13.3 million shares may affect investor sentiment moving forward. Take a closer look at Rasan Information Technology's potential here in our health report. Assess Rasan Information Technology's past performance with our detailed historical performance reports. Embark on your investment journey to our 244 Middle Eastern Undiscovered Gems With Strong Fundamentals selection here. Already own these companies? Link your portfolio to Simply Wall St and get alerts on any new warning signs to your stocks. Streamline your investment strategy with Simply Wall St's app for free and benefit from extensive research on stocks across all corners of the world. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include ADX:MAIR SASE:2084 and SASE:8313. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Yahoo
12-05-2025
- Business
- Yahoo
Exploring Three Undiscovered Gems in the Middle East Market
As the Middle East markets navigate the complexities of global trade tensions and economic fluctuations, investors are keenly observing movements within key indices like Abu Dhabi's benchmark, which recently settled slightly lower amid anticipation of U.S.-China trade talks. In such a dynamic environment, identifying stocks with strong fundamentals and potential for resilience can be crucial for those looking to uncover hidden opportunities in this vibrant region. Name Debt To Equity Revenue Growth Earnings Growth Health Rating Kerevitas Gida Sanayi ve Ticaret 42.60% 43.79% 39.15% ★★★★★★ Izmir Firça Sanayi ve Ticaret Anonim Sirketi 29.47% 42.38% -38.36% ★★★★★★ Birikim Varlik Yonetim Anonim Sirketi 35.08% 46.79% 47.74% ★★★★★☆ MIA Teknoloji Anonim Sirketi 14.46% 58.05% 72.63% ★★★★★☆ Amanat Holdings PJSC 12.00% 34.39% -9.61% ★★★★★☆ Bosch Fren Sistemleri Sanayi ve Ticaret 91.93% 46.59% 3.35% ★★★★★☆ Sönmez Filament Sentetik Iplik ve Elyaf Sanayi NA 53.26% 26.61% ★★★★★☆ Gür-Sel Turizm Tasimacilik ve Servis Ticaret 8.11% 55.10% 73.88% ★★★★★☆ Arsan Tekstil Ticaret ve Sanayi Anonim Sirketi 0.68% 12.49% 49.63% ★★★★★☆ National Corporation for Tourism and Hotels 19.25% 0.67% 4.89% ★★★★☆☆ Click here to see the full list of 242 stocks from our Middle Eastern Undiscovered Gems With Strong Fundamentals screener. Here's a peek at a few of the choices from the screener. Simply Wall St Value Rating: ★★★★★★ Overview: Ray Sigorta Anonim Sirketi operates in the non-life insurance sector in Turkey with a market capitalization of TRY39.06 billion. Operations: Ray Sigorta Anonim Sirketi generates revenue primarily through its non-life insurance offerings in Turkey. The company's net profit margin has shown a notable trend, reflecting its operational efficiency and cost management strategies. Ray Sigorta has shown impressive earnings growth, with a 70.8% annual increase over the last five years, yet its recent net profit margin of 12.8% is down from 28.2% the previous year. Despite this dip, the company remains debt-free and boasts high-quality earnings, providing a strong foundation for future stability. The firm reported TRY 812 million in net income for Q1 2025, a decrease from TRY 924 million in the same period last year. While its share price has been volatile recently, Ray Sigorta's robust free cash flow and profitability suggest resilience amid industry challenges. Unlock comprehensive insights into our analysis of Ray Sigorta Anonim Sirketi stock in this health report. Learn about Ray Sigorta Anonim Sirketi's historical performance. Simply Wall St Value Rating: ★★★★★☆ Overview: I.D.I. Insurance Company Ltd. offers a range of insurance products and services to both individuals and corporate clients in Israel, with a market capitalization of ₪2.68 billion. Operations: Revenue streams for I.D.I. Insurance are primarily derived from General Insurance, with Automobile Property Insurance contributing ₪1.95 billion and Compulsory Vehicle Insurance adding ₪642.83 million. Life Insurance and Long-Term Savings generate ₪373.32 million, while Health insurance accounts for ₪279 million in revenue. I.D.I. Insurance stands out with a price-to-earnings ratio of 10.4x, which is below the IL market average of 14.3x, indicating potential value for investors. The company has reduced its debt to equity ratio from 81.4% to 48.7% over five years and holds more cash than its total debt, suggesting financial prudence. Despite earnings growth not keeping pace with the insurance industry last year, net income surged to ILS 257 million from ILS 139 million in the previous year, reflecting robust profitability improvements alongside high-quality past earnings and strong interest coverage at 21 times EBIT. Delve into the full analysis health report here for a deeper understanding of I.D.I. Insurance. Gain insights into I.D.I. Insurance's historical performance by reviewing our past performance report. Simply Wall St Value Rating: ★★★★☆☆ Overview: Kenon Holdings Ltd. is engaged in owning, developing, and operating power generation facilities in Israel and the United States through its subsidiaries, with a market capitalization of ₪5.96 billion. Operations: Kenon Holdings generates revenue primarily from its subsidiaries, with OPC Israel contributing $624.96 million and CPV Group adding $126.35 million. The company's net profit margin is a key financial metric to consider when evaluating its performance. Kenon Holdings seems to be navigating its financial landscape with notable improvements. Over the past five years, its debt to equity ratio has decreased from 87.4% to 47.6%, indicating a more balanced financial structure. The company also reported a significant turnaround with net income of US$597 million for 2024, compared to a net loss of US$236 million the previous year, and basic earnings per share at US$11.34. Despite these gains, interest payments remain poorly covered by EBIT at just 1x coverage, highlighting an area for potential improvement in financial health management. Get an in-depth perspective on Kenon Holdings' performance by reading our health report here. Review our historical performance report to gain insights into Kenon Holdings''s past performance. Click this link to deep-dive into the 242 companies within our Middle Eastern Undiscovered Gems With Strong Fundamentals screener. Shareholder in one or more of these companies? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments. Unlock the power of informed investing with Simply Wall St, your free guide to navigating stock markets worldwide. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include IBSE:RAYSG TASE:IDIN and TASE:KEN. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Yahoo
12-05-2025
- Business
- Yahoo
Exploring Three Undiscovered Gems in the Middle East Market
As the Middle East markets navigate the complexities of global trade tensions and economic fluctuations, investors are keenly observing movements within key indices like Abu Dhabi's benchmark, which recently settled slightly lower amid anticipation of U.S.-China trade talks. In such a dynamic environment, identifying stocks with strong fundamentals and potential for resilience can be crucial for those looking to uncover hidden opportunities in this vibrant region. Name Debt To Equity Revenue Growth Earnings Growth Health Rating Kerevitas Gida Sanayi ve Ticaret 42.60% 43.79% 39.15% ★★★★★★ Izmir Firça Sanayi ve Ticaret Anonim Sirketi 29.47% 42.38% -38.36% ★★★★★★ Birikim Varlik Yonetim Anonim Sirketi 35.08% 46.79% 47.74% ★★★★★☆ MIA Teknoloji Anonim Sirketi 14.46% 58.05% 72.63% ★★★★★☆ Amanat Holdings PJSC 12.00% 34.39% -9.61% ★★★★★☆ Bosch Fren Sistemleri Sanayi ve Ticaret 91.93% 46.59% 3.35% ★★★★★☆ Sönmez Filament Sentetik Iplik ve Elyaf Sanayi NA 53.26% 26.61% ★★★★★☆ Gür-Sel Turizm Tasimacilik ve Servis Ticaret 8.11% 55.10% 73.88% ★★★★★☆ Arsan Tekstil Ticaret ve Sanayi Anonim Sirketi 0.68% 12.49% 49.63% ★★★★★☆ National Corporation for Tourism and Hotels 19.25% 0.67% 4.89% ★★★★☆☆ Click here to see the full list of 242 stocks from our Middle Eastern Undiscovered Gems With Strong Fundamentals screener. Here's a peek at a few of the choices from the screener. Simply Wall St Value Rating: ★★★★★★ Overview: Ray Sigorta Anonim Sirketi operates in the non-life insurance sector in Turkey with a market capitalization of TRY39.06 billion. Operations: Ray Sigorta Anonim Sirketi generates revenue primarily through its non-life insurance offerings in Turkey. The company's net profit margin has shown a notable trend, reflecting its operational efficiency and cost management strategies. Ray Sigorta has shown impressive earnings growth, with a 70.8% annual increase over the last five years, yet its recent net profit margin of 12.8% is down from 28.2% the previous year. Despite this dip, the company remains debt-free and boasts high-quality earnings, providing a strong foundation for future stability. The firm reported TRY 812 million in net income for Q1 2025, a decrease from TRY 924 million in the same period last year. While its share price has been volatile recently, Ray Sigorta's robust free cash flow and profitability suggest resilience amid industry challenges. Unlock comprehensive insights into our analysis of Ray Sigorta Anonim Sirketi stock in this health report. Learn about Ray Sigorta Anonim Sirketi's historical performance. Simply Wall St Value Rating: ★★★★★☆ Overview: I.D.I. Insurance Company Ltd. offers a range of insurance products and services to both individuals and corporate clients in Israel, with a market capitalization of ₪2.68 billion. Operations: Revenue streams for I.D.I. Insurance are primarily derived from General Insurance, with Automobile Property Insurance contributing ₪1.95 billion and Compulsory Vehicle Insurance adding ₪642.83 million. Life Insurance and Long-Term Savings generate ₪373.32 million, while Health insurance accounts for ₪279 million in revenue. I.D.I. Insurance stands out with a price-to-earnings ratio of 10.4x, which is below the IL market average of 14.3x, indicating potential value for investors. The company has reduced its debt to equity ratio from 81.4% to 48.7% over five years and holds more cash than its total debt, suggesting financial prudence. Despite earnings growth not keeping pace with the insurance industry last year, net income surged to ILS 257 million from ILS 139 million in the previous year, reflecting robust profitability improvements alongside high-quality past earnings and strong interest coverage at 21 times EBIT. Delve into the full analysis health report here for a deeper understanding of I.D.I. Insurance. Gain insights into I.D.I. Insurance's historical performance by reviewing our past performance report. Simply Wall St Value Rating: ★★★★☆☆ Overview: Kenon Holdings Ltd. is engaged in owning, developing, and operating power generation facilities in Israel and the United States through its subsidiaries, with a market capitalization of ₪5.96 billion. Operations: Kenon Holdings generates revenue primarily from its subsidiaries, with OPC Israel contributing $624.96 million and CPV Group adding $126.35 million. The company's net profit margin is a key financial metric to consider when evaluating its performance. Kenon Holdings seems to be navigating its financial landscape with notable improvements. Over the past five years, its debt to equity ratio has decreased from 87.4% to 47.6%, indicating a more balanced financial structure. The company also reported a significant turnaround with net income of US$597 million for 2024, compared to a net loss of US$236 million the previous year, and basic earnings per share at US$11.34. Despite these gains, interest payments remain poorly covered by EBIT at just 1x coverage, highlighting an area for potential improvement in financial health management. Get an in-depth perspective on Kenon Holdings' performance by reading our health report here. Review our historical performance report to gain insights into Kenon Holdings''s past performance. Click this link to deep-dive into the 242 companies within our Middle Eastern Undiscovered Gems With Strong Fundamentals screener. Shareholder in one or more of these companies? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments. Unlock the power of informed investing with Simply Wall St, your free guide to navigating stock markets worldwide. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include IBSE:RAYSG TASE:IDIN and TASE:KEN. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
