Turkey’s lira depreciates to an all-time low due to inflamed political tensions
The value of lira dropped as much as 0.9 percent to 7.8692 percent, with an extended loss of more than 24 percent...
Tag : Turkey
UAE-based Fintech TPAY Mobile acquires 100% stake in Turkey’s Payguru
The deal is subject to the approval of the Central Bank of the Republic of Turkey and the Competition Authority...
Turkish Airlines, Kuwait Airways codeshare deal to boost travel options
Turkish Airlines has decided to temporarily replace its 12 grounded Boeing aircraft with 12 737-800s from AnadoluJet...
Renewable energy: A lucrative investment in Turkey
A quarter of Turkey’s energy comes from renewable sources with a target to achieve 30% by 2030...
Iran, Turkey to establish joint bank to ‘bypass the US sanctions’
Iran's ambassador to Turkey said that the mutual cooperation between Turkey and Iran was needed to create a 'new financial mechanism'...
Turkey plans oil and gas exploration off Cyprus despite warning
The tensions worsened when a senior Cypriot official said that Nicosia will issue arrest warrants ‘for all involved’ in drilling operations...
Turkey builds first private inland cargo terminal for $86 million
The project by Arkas and Duisport will provide a ‘gateway terminal' servicing rail freight for the Turkish industry...
The Turkish economy explained
Despite the sharp depreciation of lira, Turkey continues to lure long-term investor interest by providing an easy access to the European markets....
Istanbul Arbitration Centre under Turkish Law explained
Set up as an independent arbitral institution, it dreamt of becoming a key regional hub for commercial dispute resolution among European, Asian and Middle Eastern parties...
Qatar to invest $15bn in Turkey amid the lira currency crisis
The move is seen as payback for Turkey's staunch support after Saudi Arabia, United Arab Emirates and Egypt blockaded Qatar last year...