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Business

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...
Business

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...
Business

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...
Business

Inflation-driven IPO rise in Turkey shows signs of fatigue: report

The recent surge in Turkish investment in initial public offerings (IPOs), which has gained popularity in recent years due to high inflation, is starting...
Business

Turkey’s central bank delivers smaller rate hike

Turkey's central bank announced a smaller interest rate hike than in previous months on Thursday, signaling it is nearing the end of its monetary...
Business

WTO panel rules against Turkey in metals duties dispute with US: report

A World Trade Organization dispute panel ruled on Tuesday that Turkey should repeal additional duties imposed on the United States in retaliation for U.S....
Business

Turkey finds no financial abuse by firm US targeted over Hamas ties: report

Turkey said it had reviewed the financial activities of a company whose shareholders were sanctioned by the United States on the grounds of providing...
Business

Abu Dhabi nears deal to buy stake in Turkey’s Port of İzmir: report

Abu Dhabi is set to buy a stake in the Port of İzmir in western Turkey, four sources aware of the deal told Reuters,...
Business

Turkish Airlines places huge Airbus order in bid for air dominance

Turkish Airlines said on Friday it has decided to purchase more than 200 Airbus aircraft -- with the option for over 100 more --...
Business

Germany’s military equipment sales to Turkey hit all-time low in 2023

The German government approved 1.2 million euros in military equipment sales to Turkey in 2023, the lowest in its history, Deutsche Welle’s Turkish service...
Business

Turkey’s Ziraat signs 1.75 billion euro loan deal with Deutsche Bank: report

Turkish state lender Ziraat Bank said on Friday it had signed a 1.75 billion euro ($1.9 billion) loan deal with Deutsche Bank for up...
Business

Turkey’s unemployment hit lowest level since November 2012

The unemployment rate in Turkey dropped to 8.5 percent in October, the lowest level since November 2012, the state-run Anadolu news agency reported on...
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