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When Turkish Petroleum (TPAO) signed five hydrocarbon exploration agreements in Islamabad this week, the announcement passed quietly through global headlines. Yet for Pakistan and Türkiye, the deals comprising three offshore and two onshore blocks worth more than $300 million carry…
President Recep Tayyip Erdoğan on Thursday attended the general assembly of the Turkish Confederation of Employer Associations (TISK) in the capital Ankara as he urged top businesses to give concessions to workers in minimum wage talks. Labor rights and the…
Türkiye’s hydrological landscape showed significant stress in November as nationwide precipitation fell well below both historical norms and last year’s levels, according to the General Directorate of Meteorology’s 2025 November Area-Based Precipitation Report. The data highlights broad-based declines across all…
A new study by the Association of Professional Facility Managers (PTYD) reveals sharp differences in residential maintenance fees across Istanbul, with central districts continuing to carry the heaviest financial load. The analysis, which evaluates more than 21,000 sites, apartments and…
Türkiye’s top financial leaders and authorities gathered on Thursday at a major summit to discuss the strategies and prospects of the sector, focusing on topics varying from digitalization and sustainability to participation banking. The fifth edition of “Future of Finance…
Türkiye has delivered a new wave of humanitarian support to Afghanistan, as the Disaster and Emergency Management Authority (AFAD) announced that the 24th “Kindness Train,” carrying 1,300 tons of emergency relief supplies for earthquake survivors, has arrived in Herat province.…
Türkiye is advancing its long-term strategy to expand domestic red meat production, as Agriculture and Forestry Minister Ibrahim Yumaklı announced that livestock deliveries under the “Abundance in Rural Areas, Support for Livestock Farming Project” have begun for eligible applicants. Speaking…
President Recep Tayyip Erdoğan on Thursday attended the general assembly of the Turkish Confederation of Employer Associations (TISK) in the capital Ankara as he urged top businesses to give concessions to workers in minimum wage talks. Labor rights and the…
The Turkish central bank lowered its key policy rate by 150 basis points (bps) to 38% on Thursday, continuing an easing cycle as inflation slowed down more than expected in November. The Monetary Policy Committee (MPC) of the Central Bank…
SunExpress, a joint venture of Turkish flag carrier Turkish Airlines (THY) and German flag carrier Lufthansa, on Thursday appointed Marcus Schnabel as its new CEO, effective from Feb. 1, 2026. “He will succeed Max Kownatzki, who will assume a new…