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News
Strategic partnership with T??rkiye advancing rapidly: Syria
1+ day, 1+ hour ago (450+ words) Syrian Foreign Minister Asaad Hassan al-Shaibani said Sunday that Syria’s strategic partnership with Türkiye is advancing rapidly, pointing to expanding political, economic, energy and institutional cooperation while saying Damascus is moving toward a single national army and the reintegration of…...
T??rkiye commits to investor-friendly reforms for global hub role, official says
3+ day, 14+ hour ago (434+ words) Türkiye stays on course with reforms and investor support as it seeks to strengthen its competitive position as a global economic hub, Investment and Finance Office President Ahmet Burak Daglioglu said Thursday. Speaking at GITEX AI Türkiye in Istanbul, Daglioglu…...
Algeria cuts diplomatic ties with UAE
4+ day, 3+ hour ago (207+ words) Algeria decided Thursday to sever diplomatic relations with the United Arab Emirates (UAE), citing the "exhaustion of all means to preserve bilateral relations," according to a statement from Algeria's Foreign Ministry carried by state television. The move follows years of…...
Turkish central bank holds key rate at 37% amid rising fuel costs
4+ day, 4+ hour ago (602+ words) Central Bank of the Republic of Türkiye (CBRT) kept its key funding rate at 37% on Thursday for a fifth consecutive meeting as renewed pressure on oil prices clouds the disinflation outlook amid renewed U.S.-Iran fighting, adding to already elevated…...
$2.7B drains from Turkish funds as market rules change for major players
4+ day, 6+ hour ago (592+ words) Türkiye’s investment funds have shed ₺128.7 billion ($2.7 billion) in net assets since Aug. 28, as a regulatory overhaul reshapes how investment vehicles and listed companies are treated. The Capital Markets Board (CMB) moved to tighten ownership limits and shareholding requirements after global…...
Russia won't return to grain deal, official says
4+ day, 6+ hour ago (388+ words) Russia will not return to the Black Sea grain deal, Russian Foreign Ministry spokeswoman Maria Zakharova said, arguing the initiative had allowed Western countries to profit and enrich their own corporations under the guise of helping countries in need. Zakharova…...
T??rkiye tops Europe with 142M credit cards as digital payments boom
4+ day, 6+ hour ago (537+ words) Türkiye has emerged as Europe’s largest market for individual credit cards, with the number reaching 142.1 million by the end of 2025, according to a Mastercard report on the economic contribution of digital payments in the country. The figure puts Türkiye well…...
Zeki Demirkubuz, Mike Berg exhibitions open at Baksi Museum in T??rkiye
4+ day, 7+ hour ago (254+ words) Demirkubuz said visitors would encounter different geographies, lives and people through the exhibition, adding that he hoped each person would find something that connected with their own personality and outlook. Reflecting on the museum's remote location in Bayburt, Demirkubuz said…...
Tech firms scale back AI-driven layoffs as results fall short
6+ day, 1+ hour ago (435+ words) Technology companies are adjusting plans to operate with smaller teams and rely on artificial intelligence in place of human workers, after some firms found the approach fell short of expectations. Meta, the U.S.-based technology company, recently shelved a further restructuring…...
18 maritime powers warn global shipping order is breaking down
6+ day, 6+ hour ago (905+ words) The rules governing global shipping are breaking down, disrupted by wars and a rapidly growing shadow fleet operating beyond Western oversight, the world's largest maritime nations warned in a rare joint statement Tuesday. The Consultative Shipping Group (CSG), representing 18 shipping…...