manufacturing
- UAE
UAE, European Union strengthening trade relations, promoting investment opportunities
A UAE delegation including Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, and Ahmed Al Sayegh,…
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EBRD Provides $27M Loan to Turkiye’s Uludağ for Green Energy and Efficiency Investments
The European Bank for Reconstruction and Development (EBRD) is providing a 25 million euro loan to Türkiye’s soft drinks producer…
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Turkiye’s Automotive Exports Reach $5.9 Billion Despite Market Decline
The Automotive Manufacturers Association (OSD) has released data for February 2025. Compared to the same period last year, total production…
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Turkiye’s TMSF Puts Bellona Furniture Up for Sale in $220 Million Auction
Türkiye’s Savings Deposit Insurance Fund (TMSF) has put up for sale 100% of Bellona Furniture, which is owned by the…
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Turkiye targets $12.5B in free zone exports for 2025
Türkiye’s exports from free zones are expected to exceed $12.5 billion in 2025, according to Minister of Trade Omer Bolat.…
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Turkiye’s Automotive Exports to U.S. Face Uncertainty Amid New Tariff Plans
U.S. President Donald Trump’s proposed tariffs on auto imports could impact Turkish auto exports totaling $1.2 billion in 2024, with…
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Turkiye’s Industrial Production Rises 7%, Driven by Manufacturing and Energy
Industrial production index post annually and monthly increases Türkiye’s industrial production posted an annual increase of 7% in December 2024,…
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Turkiye, Egypt targeting $15 billion trade volume with new cooperation
Türkiye and Egypt are targeting $15 billion in trade volume with recent developments between the two countries’ political and diplomatic…
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Turkiye’s foreign trade gap narrows 22.7% in 2024
Türkiye’s exports in 2024 up 2.4% to $261.8B, imports down 5% to $344B Türkiye’s foreign trade deficit shrank 22.7% to…
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Turkiye’s Rising Automotive Labor Costs Threaten Global Competitiveness
Automotive labor costs in Türkiye have risen sharply, approaching $3.12, bringing production expenses closer to those in Japan, according to…
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