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Turkish Central Bank Moves to Drain Excess Lira Liquidity

(Bloomberg) -- Turkey’s central bank raised the amount commercial lenders need to set aside as reserves for short- and long-term lira deposits as part...

Turkey Seen Awaiting More Evidence Before Starting to Cut Rates

(Bloomberg) -- Turkey’s central bank will probably keep its main interest rate unchanged for a sixth straight month, as a lack of significant improvement...

IFF’s innovation centre in Turkey to accelerate speed-to-market developments on the back of accreditation

The facility has been in operations since 2014. With the recent accreditation, the company’s position as a key player in the region is said...

Turkey Seeks US Approval to Buy GE Aerospace Engines For Military Jets

(Bloomberg) -- Turkey has asked the US for permission to obtain GE Aerospace engines that it hopes to use in locally-made military jets, according...

Turkey Wants to Build a Spacecraft Launchpad in Somalia

(Bloomberg) -- Turkey has held talks with Somalia about setting up a site to test-fire missiles and space rockets from the Horn of Africa...

Turkey Cuts Economic Target as Inflation Fight Curbs Growth

(Bloomberg) -- Turkey’s government trimmed its forecast for gross domestic product in 2025, saying it would have to make concessions on growth in the...

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