Energy firm EXIST keeps top spot on Fortune's Turkish 500 list

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Energy firm EXIST keeps top spot on Fortune's Turkish 500 list
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Turkish energy sector leads the pack in Fortune’s top 500 companies list, showcasing impressive growth

In 2022, seven of the list’s top 10 companies were in the energy sector. / Photo: AA Archive

Turkish energy firm Energy Exchange Istanbul has kept its leading spot in Fortune magazine’s list of top 500 Turkish companies by net sales. The top three firms were unchanged in the list's 2022 edition. Energy firm TUPRAS and the country's flag carrier Turkish Airlines followed EXIST, the magazine said on Tuesday at a press conference in Istanbul.EXIST's sales totaled $48.2 billion in 2022, soaring 378.5% on a yearly basis.Turkish Airlines' sales amounted to $18.75 billion, leaping 219.5% on an annual basis.

Could Sea of Marmara be the Türkiye's next green energy hot spot? Plus, UN's latest tourism figures show the Middle East is back to levels before the COVID-19 pandemic. But why is the Asia Pacific falling behind?

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