News & Events

Data gathered from: DAILYSABAH

Last updated: 2022.09.25

Pakistan's Finance Minister Miftah Ismail to step down

Pakistan's Finance Minister Miftah Ismail is planning to formally resign from the role, an announcement that comes as the country deals with an economic crisis exacerbated by......
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Germany secures LNG deal from UAE as Scholz tours Gulf for energy

German utility RWE has signed a deal with Abu Dhabi National Oil Company (ADNOC) to deliver liquefied natural gas (LNG) to Europe’s largest economy by the end of December, RWE anno......
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Inflation to fall to ‘reasonable’ levels as of February: Erdoğan

President Recep Tayyip Erdoğan on Sunday reiterated his government’s determination to tame inflation, which he said would fall to “reasonable” levels as of February next year. Tür......
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Electrified, hybrid cars grab larger share in Türkiye as total sales fall

Sales of electric vehicles (EVs) in Türkiye nearly tripled from a year ago in the first eight months, with their gasoline-electric hybrid rivals also rising, industry data shows, a......
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About 4.7M tons of food from Ukraine shipped under Istanbul deal

Around 4.7 million metric tons of agricultural products have left Ukraine so far under a deal brokered by the United Nations and Türkiye to unblock Ukrainian seaports, the embattle......
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Turkish Airlines, SunExpress claim top airline awards

Turkish Airlines (THY) and SunExpress have been granted top awards at the World Airline Awards organized by international air transport rating site Skytrax. The awards come as the......
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Turkish finance chief meets Saudi crown prince to discuss ties

Saudi Arabia’s Crown Prince Mohammed bin Salman (MBS) received Türkiye’s Treasury and Finance Minister Nureddin Nebati in Jeddah on Saturday, Saudi state news agency SPA reported.......
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Russian men flock to Istanbul, fearing call-up to fight in Ukraine

A stream of Russians has been flocking to Istanbul, expressing personal relief but concern for the safety of loved ones after the Kremlin announced a partial military mobilization......
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UK unleashes historic tax cuts, huge increase in borrowing to spur growth

Britain’s new government on Friday unleashed historic tax cuts and huge increases in borrowing in an economic agenda that floored financial markets, with sterling and British gover......
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Over 4M tons of grain so far shipped out of Ukraine: Erdoğan

President Recep Tayyip Erdoğan on Friday said more than 4 million metric tons of grain has been shipped out of Ukraine as part of the landmark Istanbul deal. Erdoğan said the deal......
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