Economy

Saudi Arabia and Russia are set to stir up an oil price war as they prepare to boost their crude oil production levels at the beginning of April, after the two oil heavyweights failed to agree to curb their outputs at the OPEC+ meeting last…

Turkey and Azerbaijan on Tuesday are set to sign a preferential trade agreement towards reaching a $15 billion trade volume target. The signing will take place during a visit to Azerbaijan by Turkish President Recep Tayyip Erdogan, at a…

Turkey started off well in 2020 with its growth rate to be able to exceed its target of 5% in the first quarter, the country's treasury and finance minister said on Friday. Turkey closed 2019 better than expected in terms of inflation,…

A “Turkish House” has been set up at the venue of the World Economic Forum (WEF) in Davos, Switzerland in a bid to promote investment opportunities in Turkey. It was launched under the guidance of the Treasury and Finance Ministry in…

AnadoluJet, a brand of Turkey’s national flag carrier, will be a global carrier by launching several new international flights from Istanbul Sabiha Gokcen Airport. The carrier, which operates only two international flights currently,…

The opening ceremony of the TurkStream natural gas pipeline will be held on Wednesday in Istanbul with the attendance of Turkey's President Recep Tayyip Erdogan and Russia's President Vladimir Putin. The TurkStream natural gas pipeline…

Record-breaking foreign tourists flocked to the Mediterranean resort city of Antalya in 2019, its governor said Thursday. The figure surpassed 15 million for the year, Munir Karaloglu said. He said tourism in Antalya will continue to…

Turkey issued completion visa for investments worth 104 billion Turkish liras ($18.4B) in January-November 2019, the country's industry and technology minister said on Thursday. Mustafa Varank said on Twitter that more than 157,000 jobs…

On Nov. 30, 2019, Ipsala, a small and wonderful town with a surface area of 753 square kilometers and a population of 30,000, located in Turkey’s northwestern Edirne province, hosted a very important historic event for Europe. On this day,…

Turkey earned over 1.8 billion Turkish liras (some $322 million) in tolls from two bridges on the Istanbul Strait as well as roads in the first 11 months of this year, the Turkish Highways Directorate said on Wednesday. Some 419 million…