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Türkiye’s growing humanitarian and strategic involvement in Somalia, especially through the recent oil and gas exploration, is one of the most significant developments in the quickly changing geopolitical landscape of the Horn of Africa region. Despite widespread disinformation and misleading…
The World Bank on Tuesday revised its growth forecast for Türkiye upward for 2025, citing continued economic momentum and favorable external conditions, even as it slightly lowered expectations for next year. In its twice-yearly Global Economic Prospects report, the 189-country…
Professor Gazi Yaşargil, a world-renowned pioneer known as the father of modern neurosurgery, passed away at 100. Türkiye’s Minister of Health, Kemal Memişoğlu, announced his death and paid tribute to his lifelong dedication to science and groundbreaking contributions spanning nearly…
Beneath the magnificent structure of Hagia Sophia, an architectural masterpiece, a vigorous excavation and restoration effort is underway to reveal its long-hidden underground tunnels and passageways. Soon to be opened to visitors for the first time, these subterranean spaces promise…
Türkiye is intensifying efforts to establish marine parks in the Aegean Sea and other surrounding waters while closely watching Greece’s expected announcement of marine protected areas by the end of June. The move comes amid Ankara’s concern that Athens’ initiative…
Russia unleashed waves of drones and missiles on two Ukrainian cities early Tuesday, killing two and injuring at least 13, Ukrainian officials reported. Ukrainian President Volodymyr Zelenskyy described the assault as “one of the biggest” since the war began more…
Türkiye’s manufacturing sector continued to see a steady improvement in export demand conditions in May despite uncertainty in global trade, according to data on Tuesday. The Manufacturing Export Climate Index, which tracks the performance of Türkiye’s key export markets, rose…
Türkiye’s banking sector may see a gradual recovery in net interest margins by the end of the year, aided by anticipated monetary easing from the country’s central bank, according to Fitch Ratings. Ahmet Emre Kılınç, director of banks at Fitch,…
Türkiye is drawing up a plan to relocate industrial zones in Istanbul to more disaster-resilient areas as part of a strategy to mitigate the economic fallout of a possible major earthquake in the region, a report said on Wednesday. The…
A widening corruption probe into the Istanbul Metropolitan Municipality (IBB) has taken a dramatic turn as prominent businessperson Ahmet Sari, owner of Sarılar Inşaat, confessed to paying over TL 232 million in bribes to collect nearly TL 3 billion in…