Türkiye economy
- Turkiye
Turkiye Expected to Post $574 Million Current Account Surplus
Current account balance expected to see surplus of around $574M in October, say forecasts by 15 economists Türkiye is likely…
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Foreign-Controlled Enterprises in Turkiye Rise to 10,265 as German and U S Investors Lead Market Presence
German and U.S. investors accounted for the largest share of foreign-controlled businesses in Türkiye in 2023, while the tobacco sector…
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UAE Eyes New High-Growth Investments in Turkiye as Strategic Economic Ties Deepen
Zulfiquar Ghadiyali, a senior figure in the United Arab Emirates’ investment network and a key executive at International Holding Company…
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Turkiye’s Ports Hit Record Cargo Volume with 46.86 Million Tons Processed
Turkish ports achieved a milestone in November, handling 46.86 million tons of cargo, the data released by the Directorate General…
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Construction Sector Leads Turkiye’s Economic Growth with Strongest Q3 Performance
The construction sector emerged as the main driver of Türkiye’s economic growth in the third quarter, according to industry representatives,…
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Turkiye’s credit default swap Hits 6-Year Low as Growth Surges and Inflation Continues to Cool
Turkish economy grows for 21 consecutive quarters, inflation continues on downward path, while physical gold demand weakens, contributing to credit…
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UAE–Turkiye Trade and Tourism Ties Surge as Bilateral Investments and Energy Partnerships Expand
The United Arab Emirates’ Ambassador to Ankara, Said Sani Al-Zahiri, said tourism traffic between the UAE and Türkiye has surged…
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Akbank, EBRD Seal $130 Million Deal to Boost SME Growth and Inclusive Finance in Turkiye
Turkish lender Akbank and the European Bank for Reconstruction and Development (EBRD) signed a $130 million loan agreement to support…
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Turkiye’s Tight Monetary Policy Aligns Credit Growth With Disinflation Goals: Central Bank
Credit growth in Türkiye shows alignment with the disinflation trajectory due to tight monetary conditions, the Central Bank’s latest Financial…
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Turkiye’s Economic Confidence Rises in November as All Key Sectors Show Improvement
Economic confidence up 1.3% on monthly basis in November, with all 5 sub-indexes rising, according to Turkish Statistical Institute Turkiye’s…
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