foreign investment
- Turkiye
Turkiye Wealth Fund Advances $10 Billion Petrochemical Project to Cut Import Dependence
The Türkiye Wealth Fund is negotiating with international companies over a potential $10 billion petrochemical project, its chief executive disclosed…
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Turkiye’s Loom Games Becomes ‘Turcorn’ After $1 Billion Acquisition by U.S. Gaming Giant
Turkish game developer Loom Games has reached unicorn status, locally known as a “Turcorn,” after its majority stake was acquired…
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Turkiye and Saudi Arabia sign landmark solar power deal
Energy and Natural Resources Minister Alparslan Bayraktar announced that Türkiye and Saudi Arabia have signed a renewable energy agreement under…
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Turkiye Sees Over 11,000 New Firms in January as Business Formation Slows Month-on-Month
New business formations decline month-over-month More than 11,000 new companies were established in Türkiye in January, according to data released…
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Goldman Sachs Backs Turkish Lira with $55.48 Billion Carry Trade Strategy Targeting 7.5% Returns
U.S-based investment bank Goldman Sachs has advised investors to take long positions in the Turkish lira and three other frontier…
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Uber Acquires Getir’s Delivery Operations in Turkiye Under Mubadala-Backed Deal
Deal with Mubadala reinforces Uber’s continued investment in Turkey Uber Technologies has agreed to acquire the delivery business of Getir…
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Reddit Establishes Istanbul Company as Platform Expands Presence in Turkiye
A company with ₺50,000 ($1,146.46) in capital has been established in Istanbul by U.S.-based social media platform Reddit, according to…
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UAE–Armenia Trade Hits $4.5 Billion as New Services and Investment Agreement Deepens Economic Ties
Key sectors like fintech, healthcare, and renewable energy stand to benefit from the expanded cooperation 2025 marked a milestone for…
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Athens targets Turkish property boom in border zones
Greek authorites are preparing to amend laws governing property acquisitions in strategic border zones after revelations that Turkish citizens are…
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Saudi Firms to Invest $2 Billion in 5,000 MW Solar and Wind Power Projects in Turkiye
Saudi companies to construct solar, wind power plants with capacity of 5,000 MW in Türkiye, with 2,000 MW solar power…
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