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Turkey, Iraq to sign one-year deal to keep Ceyhan oil pipeline open: minister

Turkey and Iraq are expected to sign a one-year agreement within days to keep crude oil flowing through the pipeline linking northern Iraq to...
Business

Turkey risks losing emerging market status as S&P flags transparency concerns

Turkey risks losing its emerging market status if concerns over stock ownership transparency, market access and structural problems in its equity market worsen, S&P...
Business

Canada, Turkey formally launch free-trade talks after Ankara meeting

Canada and Turkey have formally launched negotiations for a free-trade agreement, the office of Canadian Prime Minister Mark Carney said Tuesday, following a meeting...
Business

Iraq, Turkey move to keep oil flowing through Ceyhan as pipeline deal nears expiration

Iraq and Turkey are preparing a temporary protocol to keep Iraqi oil exports flowing through the Turkish port of Ceyhan while the two countries...
Business

Turkey’s trade deficit for year ending in June rises 7.4 percent to $95.8 billion

Turkey’s trade deficit over the 12 months ending in June rose 7.4 percent to $95.8 billion as imports grew faster than exports, Trade Ministry...
Business

Turkey’s annual inflation edges down to 32.1 percent

Turkey’s annual inflation eased to 32.1 percent in June from 32.6 percent in May, although high housing, education and food costs continued to strain...
Business

Turkey seeks exemption from EU customs fee on small online orders

Turkey is seeking to protect its exporters from a new European Union customs charge on small online orders, arguing that goods covered by Turkey’s...
Business

Turkey sends letter of intent to join European payment system SEPA: finance minister

Turkish Finance Minister Mehmet Şimşek said on Thursday that Turkey has submitted a letter of intent to join the Single Euro Payments Area (SEPA),...
Business

Turkey among countries to get special access as EU raises steel barriers

Turkey is among 13 countries that have reached agreements with the European Union on access to tariff-free steel import quotas as the bloc prepares...
Business

Dubai banking giant in talks to buy HSBC’s Turkey unit: report

Dubai-based Emirates NBD PJSC is in early talks to acquire HSBC Holdings PLC’s Turkey unit, a move that would expand the Gulf lender’s presence...
Business

Minimum wage below hunger line in Turkey as workers shoulder heavier tax burden: report

Turkey’s minimum wage fell below the hunger line within days of being announced for 2026 and has continued to lose value against the rising...
Business

119,000 businesses closed in Turkey during 4 years of inflation, high borrowing costs

Turkey recorded 119,178 company and commercial enterprise closures between January 2022 and March 2026, a period marked by years of inflation, high borrowing costs...
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