Economy
Foreign investors flock to Turkey ahead of elections, anticipating potential economic shift: report
March 25, 2023
Foreign investors flock to Turkey ahead of elections, anticipating potential economic shift: report
A wave of foreign investors is returning to Istanbul and Ankara after years of absence, holding numerous meetings to gauge…
[GLOBAL FOOD CRISIS] Ukraine, Russia sign UN deal to export grain from Ukrainian ports
July 22, 2022
[GLOBAL FOOD CRISIS] Ukraine, Russia sign UN deal to export grain from Ukrainian ports
Beacon of hope’: Landmark Ukraine grain export deal signed in Turkey. The agreement was signed by Infrastructure Minister Oleksandr Kubrakov…
Turkey’s earnings from tourism almost triple after travel curbs eased
October 28, 2021
Turkey’s earnings from tourism almost triple after travel curbs eased
Turkey earned $11.4 billion from tourism in the third quarter of the year, almost triple the year-earlier figure, after countries…
Turkish billionaires, businesspeople among dozens identified in Pandora Papers
October 9, 2021
Turkish billionaires, businesspeople among dozens identified in Pandora Papers
More than 20 Turks, including billionaires on Forbes’ list and well-known businessmen, were identified in the Pandora Papers, a leak…
A unique project Digital Mortgages
August 5, 2021
A unique project Digital Mortgages
“Digitalization is the main trend of the 21st century in all industries.” With these words, the presentation of the digital…
Bias about Gulen Movement in light of The Economist column
August 17, 2020
Bias about Gulen Movement in light of The Economist column
The Kemalist viewpoint in Turkey perceives the Gulen movement as a menace that had served as an instrument of President…
Turkish central bank’s foreign currency borrowing at record; lira declines
May 28, 2020
Turkish central bank’s foreign currency borrowing at record; lira declines
The Turkish central bank has increased its foreign currency borrowing from local banks to a record $35.5 billion in April.…
Turkey sees 55 pct year-on-year drop in housing sales in April
May 15, 2020
Turkey sees 55 pct year-on-year drop in housing sales in April
Housing sales in Turkey declined 55.5 percent in April compared to the same month last year, the Diken news website…
Turkey posts second-largest budget deficit on record as spending surges
May 15, 2020
Turkey posts second-largest budget deficit on record as spending surges
Turkey reported its second-largest budget deficit on record in April as government spending surged in response to the COVID-19 outbreak,…
Turkey’s inflation rises to 12.15 percent in January: report
February 3, 2020
Turkey’s inflation rises to 12.15 percent in January: report
Turkey’s consumer price inflation rose a bit more than expected to 12.15 percent year-on-year in January, the Turkish Statistical Institute…