debt
- Business
Debt Payments Outpace New Financing in Developing Countries, Hitting 50-Year High
The World Bank has reported that the gap between principal and interest payments on external debt and newly received financing…
Read More » - Turkiye
KFC and Pizza Hut Operator in Türkiye Collapses, Leaving Yum! Brands $24 Million Unpaid
Yum! Brands, the U.S.-based owner of KFC, Pizza Hut, and Taco Bell, has been left with ₺1 billion ($24 million)…
Read More » - Turkiye
Vestel Restructures Amid Heavy Debt and Shrinking Sales in Turkiye and Europe
Turkish electronics company Vestel is pursuing a long-term restructuring plan to adapt to technological change, shifting consumer demand, and global…
Read More » - Turkiye
Turkiye’s Private Sector Foreign Debt Hits $195.4 Billion, Highest in 67 Months
The foreign debt of Türkiye’s private sector reached $195.4 billion at the end of June, the highest in 67 months,…
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Turkish Conglomerates Join SMEs in Seeking Debt Restructuring Amid High Interest Rates and Tight Credit
Major Conglomerates Follow SMEs in Debt Restructuring Push: Banks Not Turning Down Requests Amid rising interest rates and ongoing tight…
Read More » - Turkiye
Turkiye’s Top 2.2 Million Hold 80% of Bank Deposits as Rural Foreclosures Surge
Just 2.2 million people control 80% of all bank deposits in Türkiye, while 166 million account holders have an average…
Read More » - Turkiye
Turkish Firms Surge Past 2024 Capital Raise Total Amid Market Shifts and Debt Pressures
Turkish companies have raised ₺33.85 billion ($834.5 million) through 24 paid capital increases as of July 2025, surpassing the entire…
Read More » - UAE
UAE Banks’ Investments Reach $210.9 Billion by April 2025 Amid Strong Credit and Deposit Growth
Investments by banks operating in the UAE continued their upward trend, reaching AED 774.3 billion by the end of April…
Read More » - Business
Treasury to Borrow TRY 1.24 Trillion in Domestic Debt
ANKARA — The Turkish Ministry of Treasury and Finance announced its domestic borrowing strategy for the June–August 2025 period, revealing…
Read More » - Business
Zorlu CEO Yüngül: Layoffs of 2,000 Confirmed, But Entirely for Efficiency
Zorlu Holding CEO Ömer Yüngül confirmed plans to lay off 2,000 employees, stating the decision is driven purely by a…
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