Albayrak Turkey. Albayrak Holding is a Turkish conglomerateFor the first three decades it was a construction company but since 1982 it has expanded into other sectors including transport and logistics waste management and media. Everyone knows the affection and the personal relationship between the sons-in-law Berat Albayrak and Jared Kouchner the Jewish supporter of Israel who visited Ankara on February 27 of last year and met his friend Berat in the presence of his father-in-law President Erdogan.
During Albayraks two years as finance minister Turkey suffered a currency crisis in 2018 a recession afterwards and the lira hit multiple record lows against the dollar this year. Albayrak who resigned as Turkish Treasury and Finance Minister on Nov. Ive recently heard that Erdoğan is planning a cabinet reshuffle.
President Tayyip Erdogan on Monday defended a policy that oversaw a steep drop in FX reserves under former finance minister Berat Albayrak his son-in-law saying it helped Turkey to ride.
It acquired the Yeni Şafak newspaper in 1997. The family is known to have close ties to the ruling AK Party and the President Recep Tayyip Erdoğan. Saraçoğlu Organize Sanayi Bölgesi 3. Yet it should perhaps not have come as a surprise given that the Turkish economy was on the brink of collapse.
