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Minister Şimşek not to attend event with US investors in person due to busy schedule

Turkish Finance Minister Mehmet Şimşek, who was to travel to New York this week with Central Bank Governor Hafize Gaye Erkan to hold an...

Turkey’s highest taxpayers would have preferred anonymity, fearing seizure of assets

Leader of the opposition Democracy and Progress Party (DEVA) Ali Babacan has said some businesspeople on a list of the top taxpayers in Turkey...

Turkey’s finance minister, central bank governor to hold Investor Days in NYC

Turkish Finance Minister Mehmet Şimşek and Central Bank Governor Hafize Gaye Erkan will travel to New York this week to hold an Investor Days...

Minister says Turkey’s monetary policy will remain tight ‘for a while’: report

Turkey's monetary policy will remain tight for a while to ensure that inflation falls and remains anchored at lower levels, Reuters reported, quoting Finance...

Turkish exports to Israel rose by 34.8 pct from November to December

Contrary to Ankara’s political rhetoric on the war in the Palestinian enclave of Gaza, Turkish exports to Israel rose by 34.8 percent last month,...

Erdoğan’s son-in-law, drone maker tech officer, paid highest income tax in 2022

Selçuk Bayraktar, chairman of Turkish defense contractor Baykar and the son-in-law of Turkish President Recep Tayyip Erdoğan, paid the highest amount of income tax...

Turkey’s annual inflation nears 65 percent in December

Turkey's annual inflation rate approached 65 percent in December, reaching a new high for 2023 and putting the country on course to meet an...

Ankara, İstanbul top global index with meteoric rise in house prices

Ankara and İstanbul, Turkey's two largest cities, have witnessed the world's fastest house price growth in the past year, according to the Global Residential...

Turkey’s poverty line stood at TL 47,009 in December: labor union

Data released by a major labor union in Turkey on Tuesday showed the poverty line, which refers to the amount a family of four...

Ships delivering oil to Israel disguise their destination when leaving Turkey: journalist

Ships delivering oil to Israel do not declare their destination as such when they leave Turkish ports, according to an investigative journalist citing online...

Turkey raises monthly minimum wage by 49 percent for 2024: report

Turkey's monthly minimum wage will be 17,002 Turkish lira ($578.31) in 2024, Labor Minister Vedat Işıkhan said on Wednesday, marking a 49 percent increase...

Goldman Sachs stands out with forecast Turkish interest rates have peaked: report

Goldman Sachs expects Thursday’s rate hike in Turkey to be the last in the current tightening cycle, setting it apart from other banks that...

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