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Turkey cut crude oil imports from Russia after Trump’s appeal in September

Turkey cut Russian crude oil imports in the months following US President Donald Trump's urging Turkish President Recep Tayyip Erdoğan at the White House...
Business

South Africa open to Turkish investment despite Karpowership collapse, deputy minister says

Türkmen Terzi, Cape Town South Africa remains open to Turkish investment despite the collapse of the controversial Karpowership deal, Deputy Minister of Electricity and Energy...
Business

Pro-gov’t business group warns Turkey risks ‘losing industry’ amid high financing costs, inflation

A business group close to the government of President Recep Tayyip Erdoğan has issued a rare public warning about the direction of the economy,...
Business

Temu sets up subsidiary in Turkey to bypass customs changes that disrupt overseas deliveries: reports

Chinese e-commerce platform Temu has registered a local subsidiary in Turkey under the name WhaleCo, according to Turkish media reports that say the move...
Business

Turkey’s central bank raises its year-end inflation forecast

Turkey’s central bank raised its end of 2026 inflation forecast range to from 13-19 percent to 15-21 percent and projected inflation at between 6...
Business

Turkish business leaders demand urgent customs union overhaul with EU

Turkey’s business leaders are pressing for an overhaul of the nearly 30-year-old customs union agreement with the European Union, warning that keeping it limited...
Business

Uber to acquire Getir’s delivery operations in Turkey for $335 million

Uber Technologies said it has agreed to acquire the delivery business of Turkey-based Getir from Emirati controlling shareholder Mubadala, a move that will combine...
Business

Turkey signs MOU with Chevron to explore oil and gas cooperation

Turkey has signed a memorandum of understanding (MOU) with US energy giant Chevron to assess potential cooperation in oil and natural gas exploration and...
Business

Turkey moves to privatize İstanbul’s iconic bridges, hires Ernst & Young as adviser: report

Turkey has hired Ernst & Young to advise on a major privatization plan involving two of İstanbul’s most prominent bridges and a network of...
Business

Turkey, Saudi Arabia sign $2 billion solar investment deal

Turkey and Saudi Arabia have signed an agreement for a $2 billion renewable energy investment that will see large-scale solar power plants built in...
Business

Turkey’s inflation slows to 30.7 percent in January

Turkey's annual inflation rate slowed slightly in January to 30.7 percent from 30.9 percent in December, marking its lowest level in more than four...
Business

Israel imported $924 mln in goods from Turkey in 2025

Israel imported $924.1 million in goods from Turkey in 2025, Israeli official data show, even though Ankara said in May 2024 that it had...
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