The First Meeting of the Turkey-Iraq JETCO Mechanism to be Held in Istanbul in December

The first meeting of the Turkey-Iraq JETCO mechanism will be held in Istanbul in December. The Minister of Trade, Ömer Bolat, stated via his X account, "We are in...

OBASE Achieves Significant Efficiency Gains in BELTUR's Food and Beverage Operations

Foreks - OBASE (IS:OBASE) has achieved significant efficiency improvements in BELTUR's food and beverage operations through a digital transformation project. OBAS...

The Renewal Deadline for Old Driver's Licenses Extended to July 31, 2025

The deadline for renewing old-type driver's licenses has been extended to July 31, 2025, following a statement by Interior Minister Ali Yerlikaya. This extension,...

Unemployment Rate in Turkey Continues to Decline

The seasonally adjusted unemployment rate was recorded at 8.7% in the third quarter of 2024. According to the results of the Household Labor Force Survey, the num...

Renewal Deadline for Old-Style Driver's Licenses Extended to July 31, 2025

The renewal period for old-type driver's licenses has been extended until July 31, 2025. Interior Minister Ali Yerlikaya stated that they have extended the renewa...

Binance Turkey Increases Paid Capital to 400 Million TL

Foreks - Turkey's leading cryptocurrency platform, Binance Turkey, announced that it has increased its paid-in capital to 400 million Turkish Liras as of November...

Turkey's Service Production Remains Stable Year-On-Year, Increases Month-On-Month

The service production index data for September has been released by the Turkish Statistical Institute. The obtained data shows that on an annual basis, the index...

CBRT Announces Market Opened with Reserves of 1,940,890.50 Million TL

Forex - The Central Bank of the Republic of Turkey (CBRT) announced today that the market opened with reserves of 1,940,890.50 million TL. According to the data r...

The First UTTS Installation in Turkey Has Been Completed

The first installation of the National Vehicle Identification System, which will prevent tax losses in fuel, has been completed. The Ministry of Treasury and Fina...

European Energy Companies Make a Comeback as Major Players in Oil and Gas

Forex - Approximately five years ago, BP undertook an ambitious initiative to transform itself from an oil company to a business focused on low-carbon energy. Now...

The Short-term Foreign Debt of Banks Approaches $80 Billion

According to data from the Central Bank of the Republic of Turkey (CBRT), by the end of September 2024, the short-term external debt stock of banks increased by 1...

TEPAV: Fiscal Policy Is Not Providing Adequate Support for Inflation Combat Strategies

The fourth issue of the TEPAV Budget Monitoring Bulletin has been published. Based on data from the first nine months of 2024, it is highlighted that the primary ...

Polish Presidential Candidate Takes cues from Trump: Mentzen Promises Bitcoin Reserves

Slawomir Mentzen, preparing for the presidential elections in Poland, announced that he would create a Bitcoin reserve if elected. He stated that he shaped this s...

MARKET OVERVIEW - China's Benchmark Lending Rate Expected to Remain Unchanged

According to Moody's Analytics economists, Chinese banks will not change the benchmark lending rate. Following the other reductions implemented since the end of S...

How Did Borsa Istanbul Kick Off the Week? Which Stocks Stood Out at Opening?

The BIST 100 index started the week at 9,419.42 points, up by 0.32%.

After a slightly positive opening, the BIST 100 began testing below 9,350 points with a half...

Yıldız Holding Unveils Its Environmental and Social Sustainability Vision at COP29

The 29th Conference of the Parties (COP29) to the United Nations Framework Convention on Climate Change took place in Baku, the capital of Azerbaijan, under the t...

Service Production Index Rose by 0.3% Month-on-Month in September, Year-on-Year Remains Unchanged

Forex - The service production index (2021=100) remained the same in September 2024 compared to the same month of the previous year. In the same month, transporta...

Title: Energy Consumption in Road Transport Reached a Total of 1,145,054 Terajoules in 2022

In road transportation, total energy consumption reached 1 million 145 thousand 54 terajoules. It was stated that: "In road transportation, total energy consumpti...

Housing Price Index Sees Yearly Nominal Increase of 26.8% in October, While Real Values Decline by 14.7%

In October 2024, the Housing Price Index (HPI), which increased by 2.1% compared to the previous month, rose nominally by 26.8% compared to the same month of the ...

Short-term external debt stock rises by 0.1% to $176.4 billion

As of the end of September, the short-term external debt stock increased by 0.1% compared to the end of 2023, reaching 176.4 billion USD. According to a statement...

Unemployment Rate Declines to 8.7% in the Third Quarter

According to the results of the Household Labor Force Survey, the number of unemployed individuals aged 15 and older decreased by 20,000 to reach 3 million 106 th...