Turkey

How Turkey became a fintech operator in Spain and Pakistan by seizing unicorn enterprise Papara

Akin Nazli in Belgrade June 17, 2025

State trustee appointed to Turkish firm that owns Madrid-based neobank Rebellion Pay and reportedly took over Pakistani operator SadaPay.

PANNIER: Central Asia’s space race

Bruce Pannier June 17, 2025

A satellite in orbit offers a nation prestige, essential data in handling natural disasters and, controversially, a blanket “kill switch” for the internet during unrest.

ISTANBUL BLOG: Ankara denies Nato radar site in Turkey feeds Israel data on incoming missiles. Try not to snort

Akin Nazli in Belgrade June 16, 2025

Erdogan manages to get Trump on phone twice in two days.

ISTANBUL BLOG: Disinformation clash as Turkey denies Erdogan’s daughter celebrated Israel’s killing of Iranian generals

Akin Nazli in Belgrade June 14, 2025

Turkish president throws first insult at Netanyahu. Expect a torrent in coming days.

Airlines scrap week’s worth of Turkey flights to Iran, Iraq and Jordan as Israel keeps up its bombing of Iranians

Akin Nazli in Belgrade June 13, 2025

To avoid danger zone, aircraft diverted to airports in locations including Istanbul, Baku and Cyprus.

Israel’s Iran missiles hit Borsa Istanbul

Akin Nazli in Belgrade June 13, 2025

Turkey's stock exchange leads global losses, even exceeding those seen in Tehran and Tel Aviv. Ankara, meanwhile, keeps nervous eye on oil price.

ISTANBUL BLOG: ‘Curse of the baklava’ as Ali Koc hits daily with full-page ad punishment

Akin Nazli in Belgrade June 12, 2025

Newspaper spoilt mood after Fenerbahce basketball triumph by reporting criticism of “blessed” pastry publicity stunt.

BEYOND THE BOSPORUS: Turkey’s regime keeps Sword of Trials hanging over heads of the opposition

Akin Nazli in Belgrade June 11, 2025

But the powers that be are back in a comfortable place. No move to seize CHP party likely in foreseeable future.

How Turkey freed Islamic State suspects after G7 terrorist money watchdog took country off grey list

Akin Nazli in Belgrade June 10, 2025

Fact that trial of 19 alleged terror finance individuals was being pursued was factor in FATF’s decision to end listing.

Deloitte EMEA Fast 500 Technology ranking brims with Turkish, CEE and SEE startups

Akin Nazli in Belgrade June 9, 2025

Top entry from Turkey is Novi Robot, a maker of automation systems for manufacturing plants.

88-year-old Turkish automaker boss flees guardians on hospital trip

Akin Nazli in Belgrade June 8, 2025

Inan Kirac involved in inheritance dispute with daughter, a billionaire board member of Koc Holding.

“Greetings from Egypt” instagrams company boss sat in jail in Turkey

Akin Nazli in Belgrade June 8, 2025

Kemal Sahin posted that he was visiting a garments plant in Alexandria – but the official record showed he was in Istanbul custody as part of Imamoglu operation.

Mystery of British tourist's heart "stolen" in Turkish hospital not resolved

Akin Nazli in Belgrade June 7, 2025

Following international media coverage, government news agencies start circulating official explanations.

Construction bosses turn witness in Turkey’s investigation into “Imamoglu Crime Syndicate”

Akin Nazli in Belgrade June 6, 2025

Prosecution secures confessions from multiple individuals who experience claimed enlightenment in jail. Critics contend probe is entirely political and bogus.

Boss of Turkish fuel retailer Teco arrested as part of Imamoglu operation

Akin Nazli in Belgrade June 5, 2025

Regime says it's targeting "tentacles" of "octopus-like" crime syndicate under Istanbul mayor. Critics scoff at bogus investigation aimed at removing political threat to Erdogan.

Regime order goes out to clear images of jailed mayor Imamoglu from Istanbul

Akin Nazli in Belgrade June 4, 2025

Ban on materials featuring Erdogan's chief political rival applied to all public transport in city.

Russia’s Gazprom has quietly shelved Turkey gas hub plan, says report

bne IntelliNews June 3, 2025

Project praised by Putin no longer seen as viable, sources at energy giant cited as saying.

Turkey's official inflation falls to 35% y/y in May

Akin Nazli in Belgrade June 3, 2025

Independent economists calculate 74%.

Russia demands Ukraine's de facto capitulation with Istanbul demands

Ben Aris in Berlin June 3, 2025

Russian and Ukrainian delegations met in Istanbul for the second direct ceasefire talks on June 1 that made little progress in laying out the groundwork for the mooted 30-day ceasefire suggested by the Trump administration in March.

PMI shows Turkey’s manufacturing declined for 14th month in a row in May

bne IntelliNews June 2, 2025

“Softening demand environment central to latest moderation of business conditions”, says index compiler S&P Global.

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