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Turkey exits FX-protected deposit scheme: report

Turkey has ended its foreign-exchange protected deposit scheme, a controversial program that shielded lira deposits from currency depreciation at an estimated cost of $60...
Business

Turkey opens antitrust probe into Google over Play Store payments

Turkey’s Competition Authority has opened an investigation into Google over payment rules in the Play Store, examining whether the company required developers to use...
Business

New company registrations in Turkey down 0.6 pct in first 7 months, as closures rose 11.8 pct

Turkey recorded a 0.6 percent decline in new company registrations in January through July 2025, while company closures increased 11.8 percent, according to the...
Business

Turkish Airlines says offer to buy stake in Spain’s Air Europa accepted

Turkish Airlines on Tuesday said Spain’s Air Europa had accepted its 300 million euro ($350 million) offer to purchase a minority stake in the...
Business

Turkish Airlines makes binding offer for minority stake in Air Europa

Turkish Airlines has submitted a binding offer to acquire a minority stake in Spain’s Air Europa, the company announced Thursday, signaling a strategic move...
Business

Qatar-led consortium that includes Turkish companies signs $4 bln deal to rebuild Damascus airport

A Qatar-led consortium that includes Turkish construction contractors Kalyon Holding and Cengiz Holding along with TAV Airports has signed a $4 billion memorandum of...
Business

Iraqi oil exports via Turkey pipeline yet to resume: report

A restart of Iraq's Kurdish oil exports via Turkey's Ceyhan pipeline is not imminent, four industry sources familiar with the matter told Reuters on...
Business

Turkey’s finance minister vows to sustain disinflation drive: report

Turkey's process of disinflation is continuing in a determined manner that will bring inflation into single digits in two years, Treasury and Finance Minister...
Business

Turkey’s annual inflation eases to 33.5 percent, lowest in nearly 4 years, minister says

Turkey's annual consumer price inflation fell more than expected to 33.52 percent in July, official data showed Monday, marking its lowest level in nearly...
Business

Turkey starts supplying Azerbaijani gas to boost Syria’s power output

Turkey on Saturday turned on a supply of natural gas from Azerbaijan to Syria, whose infrastructure was ravaged by civil war, with annual deliveries...
Business

Azerbaijan to send 1.2 billion cubic meters of gas to Syria annually via Turkey: report

Azerbaijan will export 1.2 billion cubic meters of natural gas a year to Syria from the BP-operated Shah Deniz field in the Caspian Sea,...
Business

Trump raises tariffs on Turkey to 15 percent in global trade policy shift

US President Donald Trump signed an executive order on Thursday increasing tariffs on imports from Turkey to 15 percent, up from a previous rate...
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