News & Events

Data gathered from: DAILYSABAH

Last updated: 2025.07.11

Türkiye's current account deficit narrows to 7-month low

Türkiye's current account deficit narrowed to $684 million in May, official data showed on Friday, the lowest gap the country recorded since October last year. The current ac......
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Turkish firms move to help restore Syria infrastructure, advance trade

A top business delegation from Türkiye met with Syrian President Ahmad al-Sharaa in Damascus on Friday to discuss opportunities for economic cooperation and the reconstruction of t......
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Turkish Treasury secures $1.75B in Eurobond issue amid strong demand

The Turkish Treasury said on Friday it borrowed 1.5 billion euros ($1.75 billion) in a Eurobond issue with maturity in 2031 and a 5.2% yield. In a statement, the Treasury and Fina......
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Trump to hike Canada tariff to 35%, eyes up to 20% levies for others

President Donald Trump escalated his trade offensive against Canada on Thursday, announcing that the U.S. would implement a 35% tariff on Canadian imports next month, alongside pla......
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Ferrero to acquire century-old cereal maker WK Kellogg for $3.1B

Italian confectioner Ferrero, known for brands like Nutella and Kinder, said Thursday it would acquire the century-old U.S. cereal company WK Kellogg in a deal valued at approximat......
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Türkiye's competition body fines Google nearly $8.9M

Türkiye's competition regulator said Thursday it had decided to impose an administrative fine of around TL 355.1 million (nearly $8.9 million) on search giant Google for faili......
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Turkish satellite operator Türksat to provide internet access in Syria

Türkiye’s satellite operator Türksat has launched Ka-Band satellite-based internet access to Syria, following negotiations held this week in Damascus, Anadolu Agency (AA) reported......
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UAE tops list of Türkiye’s fastest-growing export markets in H1

The United Arab Emirates (UAE) was the country where Türkiye increased its exports the most in value terms in the first half of the year, with shipments rising 64.5% to nearly $3.3......
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Türkiye to start supplying gas to Syria soon: Bayraktar

Türkiye will begin supplying natural gas to Syria soon, Energy and Natural Resources Minister Alparslan Bayraktar said Wednesday during a visit to Vienna. He also noted that Azerba......
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Türkiye’s industrial production expands 4.9% in May

Industrial production in Türkiye rebounded in May, expanding on both an annual and a monthly basis, official data from the country's statistical authority revealed Thursday.......
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