The Turkish government has reversed its decision to revoke the operating license of Istanbul Bilgi University, allowing one of the country’s most prominent private universities to continue academic activities after days of student protests and public debate.

Turkish media says students will continue their studies at the Mimar Sinan University of Fine Arts.

As part of an investigation into Can Holding, the operating licence of Istanbul Bilgi University was revoked after its founding foundation was placed under trusteeship. The…