News & Events

Data gathered from: DAILYSABAH

Last updated: 2024.07.20

Moody's ups Türkiye's rating by 2 notches with positive outlook

Moody's on Friday upgraded Türkiye's credit rating, citing improved governance, a tighter stance on monetary policy, and progress on inflation, while maintaining the coun......
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World struggles to reboot amid global cyber outage

Airlines, passengers, and businesses worldwide struggled to overcome significant disruptions after a massive global IT outage linked to the U.S. cybersecurity company CrowdStrike c......
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DP World completes merger to form major logistics hub in Türkiye

Dubai-owned port operator DP World and Turkish Evyap Group announced on Friday they had completed a strategic merger that will combine two major ports on the Marmara Sea and create......
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Investment taps open for Turkish gaming startups

Gaming startups in Türkiye continue to attract attention in the startup ecosystem with investment agreements, as another venture has managed to raise a notable capital in a fresh i......
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Türkiye sees exports rebounding, dismisses lira devaluation ideas

Trade Minister Ömer Bolat on Friday expressed optimism about the trajectory of Turkish exports, foreseeing a rebound and a potential 10% increase in outbound shipments, and a simil......
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Turkish Airlines cancels 84 flights after mass global IT outage

Turkish Airlines, Türkiye's national flag carrier, announced on Friday that it had canceled 84 flights after a massive global technology outage wreaked havoc on computer syste......
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Ultra-rich entrepreneurs may see Britain as 'no-go' zone over tax

Living in London has become an expensive indulgence ultra-wealthy entrepreneur Bassim Haidar can no longer justify. While new British Prime Minister Keir Starmer settles into No.......
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Massive tech outage grounds flights, disrupts businesses around world

A worldwide technology outage on Friday caused flights to be grounded, banks to go offline, and media outlets to be taken off air, leading to a massive disruption that impacted com......
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Turkish conglomerate Tosyalı to establish steel plant in Libya

Turkish steel conglomerate Tosyalı has signed an agreement with the Libya United Steel Company for the Iron and Steel Industry (SULB) to establish a Direct Reduced Iron (DRI) plant......
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Türkiye, Somalia sign deal on cooperation in hydrocarbons field

An agreement on hydrocarbon exploration and production between Türkiye and Somalia was signed in Istanbul on Thursday, marking another point in close relations between the two coun......
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