Mehmet Şimşek's 2025 Vision: A Firm Commitment to Combat Inflation

Treasury and Finance Minister Mehmet Şimşek made significant statements regarding the new era in the economy after the Economic Coordination Council meeting held ...

Two Key Milestones Achieved at Akkuyu Nuclear Power Plant

Two significant developments have been reported at the Akkuyu Nuclear Power Plant (NPP) construction site in Mersin, built by Rosatom. According to a news report,...

Gazprom to Halt Gas Supply to Moldova on January 1st

Investing.com -- Russia's state-owned energy company Gazprom announced on Saturday that it will halt gas supplies to Moldova starting January 1 due to alleged unp...

Boeing Shares Decline Following South Korea's Inspection Order for 737-800 Aircraft

Investing.com -- Boeing shares are showing a decline in pre-market trading on Monday, following South Korea's decision to initiate inspections of all 737-800 airc...

Bird Strike and Landing Gear Failure Under Scrutiny in South Korea Boeing Crash Investigation

The investigation into South Korea's most serious civil aviation accident is focusing on a possible bird strike and an unusual landing gear failure. The accident ...

Early Vacation Decision in Schools Due to Increased Traffic Density in Istanbul Before New Year's Eve

The Istanbul Governor's Office has made a critical decision in anticipation of potential traffic congestion and security measures before the New Year. It announce...

Adani Group to Sell Its Stake in Adani Wilmar for $2 Billion

Adani Group has announced plans to sell its stake in Adani Wilmar Ltd., which is listed on the Mumbai stock exchange, for $2 billion through a two-step agreement....

Industry Minister Kacır Unveils New Incentive System

The Minister of Industry and Technology, Mehmet Fatih Kacır, announced new support programs aimed at protecting employment in SMEs. Minister Kacır stated that if ...

Significant Milestone in Bitcoin: Noteworthy Developments This Week

Coin Engineer - Bitcoin is struggling to maintain its monthly support, but deeper BTC price metrics provide reassurance for bulls. Bitcoin is trading within a cri...

Licensed electricity production increased by 4.64% in October.

In October, Turkey's licensed electricity generation increased by 4.64% compared to the same month last year, reaching 25 million 841 thousand 786 megawatt-hours....

MARKET OVERVIEW - No Cotton Transactions at ITB

Foreks - No cotton transactions took place at the Izmir Commodity Exchange. According to information compiled from the Izmir Commodity Exchange bulletin, no price...

Bitumen Production Increased by 13.74% in October

In October, Turkey's bitumen production increased by 13.74% compared to the same month last year. According to a report released by the Energy Market Regulatory A...

Turkey's LPG Imports Increased by 5.29% in October

In October 2024, LPG imports conducted by refinery and distributor license holders amounted to 294,208 tons, representing a 5.29% increase compared to the same mo...

TABLE - TCMB Analytical Balance Sheet

Forex -

Turkey's Natural Gas Imports Increased by 17.69% in October

In October, Turkey's natural gas import volume increased by 17.69% compared to the same month last year. According to a report published by the Energy Market Regu...

Market Participants Anticipate a Surge in IPOs in the U.S. by 2025

In the U.S., initial public offerings (IPOs) reached the highest level seen since 2021 in 2024. According to capital markets data provider Dealogic, companies goi...

Turkey's Crude Oil Imports Plummeted 25.9% in October

In October, Turkey's crude oil imports decreased by 25.9% to 2 million 180 thousand 715 tons. The Energy Market Regulatory Authority (EPDK) published the "Oil Mar...

Burçelik's Investment Incentive Certificate Approved

Foreks - Burçelik's investment incentive certificate for a fixed investment amounting to 21.62 million TL has been approved.

In a statement made to KAP, the com...

Assessing Karpowership's Provision of Electricity to Syria

Karpowership, the owner of Turkey's floating power plant fleet, stated that it is one of the many alternatives being considered to supply electricity to Syria. Fo...

Appliance Production Declined in November

According to TÜRKBESD data, production in six main products decreased by 10% in November.

Central Securities Depository Sets Minimum and Maximum Default Interest Rates for 2025

Forex - Takasbank has determined the minimum and maximum default interest rates to be applied in 2025.

According to the statement from Takasbank, the minimum an...