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Wednesday, July 28, 2021

Turkey: Economic reforms aim to draw delayed investment

ANKARA Turkey's new landmark economic reform package aims to attract delayed investments, the country's minister of treasury and finance said on Tuesday. "Global investments narrowed by over 40% in the pandemic...

Turkish Treasury borrows $508M through auctions

ANKARA  The Turkish Treasury borrowed 3.9 billion Turkish liras ($508.3 million) from domestic markets through two auctions held on Monday. Some 1.3 billion Turkish liras ($168 million) in seven-year Floating Rate...

Turkey records over 81,200 house sales in February

ANKARA Turkey recorded 81,222 house sales in February, slipping 31.6% from the same month last year, the country's statistical office revealed Monday. Nearly 24,737 newly built houses were sold while the...

Turkey announces landmark new economic reform package

ANKARA Turkey on Friday unveiled the details of a major new economic reform package as pledged by the president last November. "The package aims to grow the Turkish economy on the...

Turkey's industrial productivity rises in Q4

ANKARA Turkey’s industrial productivity rose 2.3% year-on-year last October to December, the Industry and Technology Ministry said on Thursday. The calendar-adjusted index of production per person employed stood at 130.7 in...

Turkey's nuclear power plant to produce 10% of electricity need

ANKARA Akkuyu Nuclear Power Plant (NPP) will produce 35 billion kilowatt-hours of electricity annually to meet around 10% of Turkey’s power consumption, said the president via video link on Wednesday...

Turkish Super Lig club ' debt exceeds $473M

ISTANBUL  Turkish Super Lig side Besiktas have accumulated net debts of over 3.5 billion Turkish liras ($473 million), the club announced on Saturday. The first Regular Council Board Meeting of Besiktas...

Turkish airports see 5.2M passengers in February

ANKARA The number of air passengers in Turkey -- including transit passengers -- totaled 5.2 million this February, the country’s airport authority said Saturday. According to the General Directorate of State...

'Turkey's policies set to lower inflation, current gap'

LONDON Continuing Turkey's current policy mix will bring down the current account deficit and inflation and spur recovery in its international reserves in 2021 and 2022, according to a senior...

Turkey: Road motor vehicle registrations up in January

ANKARA The number of road motor vehicle registrations in Turkey increased 24% year-on-year in January, the country's statistics authority revealed on Tuesday. A total of 117,313 first- and second-hand vehicles were...

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Turkish Central Bank reserves rise to $97.7B in June

ANKARA  The Turkish Central Bank announced on Wednesday that its official reserves amounted to $97.7 billion as of the end of June. Total reserve assets increased...

Anadolu Agency's Morning Briefing – July 28, 2021

ANKARA Anadolu Agency is here with a rundown of the latest developments in Turkey, around the world and the coronavirus pandemic. - Developments in Turkey,...

Tunisian president dismisses some top state officials

Tunisian President Kais Saied dismissed some top state officials Tuesday, according to a state bulletin. The bulletin included the president’s latest decisions on the dismissal...

Turkish foreign minister expresses support to Tunisian people following coup attempt

ANKARA The Turkish foreign minister expressed Tuesday Turkey's support to the Tunisian people following Sunday’s coup attempt. Mevlut Cavusoglu held a phone conversation with his Tunisian...

Turkey condemns EU’s stance on partial opening of Northern Cyprus’ ‘ghost town’

ANKARA Turkey on Tuesday dismissed remarks made by EU foreign policy chief Josep Borrell on the partial reopening of the Maras region in the Turkish...