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Tuesday, August 9, 2022

Istanbul Finance Center will be Islamic finance hub: Turkish president

ANKARA With Istanbul Finance Center, a project expected to be launched by early 2022, Turkey targets to be a hub for Islamic finance, the nation's president said on Thursday. "We are...

Turkey fines 10 foreign firms for illegal short selling

ISTANBUL Turkey's capital markets watchdog imposed fines totaling 26.4 million Turkish liras ($3.25 million) on 10 foreign financial firms for unlawful short selling transactions. According to a Capital Markets Board (SPK)...

Suez Canal: Traffic resumes after blocked by cargo ship

ISTANBUL Traffic resumed through Egypt's Suez Canal after a massive container cargo ship that ran aground blocked movement earlier on Wednesday, Egypt's Suez Canal Authority said. "The navigation movement has returned...

Turkey to become top electric vehicle producer: Erdogan

ISTANBUL/ANKARA Turkey will become the top electric vehicle producer of the automotive industry, the nation's president said on Tuesday. Speaking at an event in the capital Ankara, Recep Tayyip Erdogan hailed...

Turkish railways taking goods to China, Russia, Europe

KIRIKKALE The Baku-Tbilisi-Kars railway route provides an uninterrupted supply of goods between London to Pekin, Turkey's transport minister said Friday. Adil Karaismailoglu told reporters in the central province Kirikkale that the...

Moody's: Turkey's reforms could lead to rating hike

LONDON A determined set of economic reforms that address the economy's structural imbalances while capitalizing on the country’s inherent strengths could lead to upward rating pressure over the medium term,...

SpaceX to launch Turkish satellite by year-end

ANKARA  SpaceX will launch the fourth Turkish satellite to orbit by the end of this year, an official said Tuesday. Ali Taha Koc, head of the country's Presidential Digital Transformation Office,...

Sanofi halts trials of failed COVID-19 drug

PARIS French pharmaceutical company Sanofi announced Tuesday that it was halting clinical trials of its drug Kevzara for use against the novel coronavirus. Recent international clinical trials conducted with the drug...

Istanbul Airport 1st to get global health accreditation

ANKARA  Istanbul Airport on Wednesday became the first worldwide to receive a new health accreditation from the Airports Council International (ACI). "We congratulate Istanbul for being the first airport to be...

Erdogan lays cornerstone for Turkey’s 1st car plant

ISTANBUL Turkey's President Recep Tayyip Erdogan on Saturday laid the cornerstone for the country's first indigenous car plant. “We plan to complete the factory in 18 months and take our...

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Turkish president, UN chief discuss ways to end crisis caused by Russia-Ukraine war

ANKARA The Turkish president and UN secretary-general on Monday spoke over phone and discussed initiatives aimed at resolving the ongoing crisis caused by the Russia-Ukraine...

Anadolu Agency's Morning Briefing – June 21, 2022

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Russia becomes China’s largest oil supplier

ANKARA Russia has surpassed Saudi Arabia to become China's largest oil supplier, as refiners bought up Russian crude oil offered at a huge discount...

EU, Egypt agree on partnership priorities until 2027

BRUSSELS The EU and Egypt have agreed on the partnership priorities guiding their relationship until 2027. The Association Council of the European Union and Egypt...

Syria's Tal Rifat surrounded with tunnels by YPG/PKK terrorists

TAL RIFAT, Syria / ANKARA The YPG/PKK terror group is using a sophisticated network of tunnels in the Tal Rifat district in northern Syria to...