http://www.todayszaman.com/tz-web/detaylar.do?load=detay&link=101500

Turkish Press Review

Turkey in the Muslim world
If Turkey is the most successful and developed country of the Muslim 
world, as revealed by almost all indicators, then why are Arab and 
Iranian companies in the top 10 of the top 100 companies of the Muslim 
world?
The answer is oil. All these companies -- Saudi Aramco in particular -- 
operate in the oil sector. In Turkey, on the contrary, all assets come 
from economic activities. Holding companies such as Koç, Sabancı, Doğan, 
Ülker, Doğuş, İşbank, Akbank, Vakıfbank, Vestel, ENKA and Eczacıbaşı are 
more valuable to Turkey today than Saudi oil because these companies 
produce for Turkey more wealth than oil can. These companies are more 
valuable in sociological terms because they represent the success of the 
enterprising middle class that developed from small shops. They reflect 
social rationalization, a business mentality, the development of 
creativity, individualization, and democracy. In short, they reflect the 
modernization of Turkey.

31.01.2007
TAHA AKYOL, MİLLİYET

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