Date: 29.05.2023

ISTANBUL, 10 May 2023 - CNBC, First in Business Worldwide, and Ilbak Holding today announced the upcoming launch of a comprehensive business and financial news service, CNBC Türkiye.

Delivering essential, unbiased and accurate information, CNBC Türkiye will provide the global business story from a Turkish perspective. Updates from global financial markets, in-depth reports and exclusive interviews will bring a local point of view to global news and interpret how global events affect the local market. The news service will help influential and aspirational audiences get ahead by capitalizing on the plays of the day.

Turkish conglomerate Ilbak Holding operates in a wide variety of industries including media and marketing communications. 

Headquartered in Istanbul, CNBC Türkiye will offer a minimum of 10 hours of daily live programming, providing financial and business news coverage from the region. The channel's regional coverage will be complemented by international coverage from CNBC bureaus around the world, including Abu Dhabi, London, New York and Singapore. 

John Casey, President and Managing Director of CNBC International, said, “As a global brand, we recognize the importance of delivering business news, insights and analysis with local relevance. We are thrilled to launch CNBC Türkiye with İlbak Holding and bring CNBC’s unique and robust offering to audiences across Turkey.”

Murat İlbak, Chairman of the Board of İlbak Holding, said, "We are delighted to bring CNBC back to Turkey, offering its unparalled content in the Turkish language. With our commitment to providing essential, unbiased and accurate information and news coverage, CNBC Türkiye will undoubtedly become the benchmark business brand in the country. I strongly believe that our partnership with CNBC International will also demonstrate the dynamism of the Turkish economy, and play a pivotal role in the economic development of Türkiye.”

With a population of 85 million and a growing investor base, Turkey ranks among the world's top 20 economies, and CNBC Türkiye will facilitate improved information flow for decision-making and will equip its audiences to seize opportunities in the ever-changing global business landscape.

Scheduled to launch in October 2023, CNBC Türkiye will be accessible through satellite, cable, terrestrial broadcast networks, internet platforms, and broadband services, ensuring widespread availability and convenience for viewers across the country.