Turkey
Digital brokerage firm Midas raises $80mn via largest fintech funding round in Turkey
Midas has raised an $80mn in a Series B funding round, which marked the largest investment round executed by a fintech company in Turkey, the digital brokerage platform said on August 19.
Turkey dismisses main opposition CHP mayor of Beyoglu district in Istanbul
Turkey’s interior ministry has dismissed Beyoglu mayor Inan Guney, who was detained on August 16 and officially arrested on August 18, the ministry said on August 19.
Heir to ‘richest Turk’ title reconciles with her father
Ipek Kirac in line to become biggest shareholder at Turkey’s largest conglomerate, Koc Holding.
Loathing in Turkey as ruling party MP's company scoops another tender
“No matter where you go in the world, it's unethical for someone to be a member of parliament and win public tenders,” says opposition lawmaker.
Istanbul-listed Karsan delivers first autonomous electric bus of its kind to Arbon in Switzerland
e-ATAK is the first full length autonomous bus in the world.
Turkey lavishes further fortunes on city hospital contractors
Officials ensure “custom” for giant complexes by shutting down more convenient local state facilities.
BEYOND THE BOSPOROS: Business as usual in Turkey as regime’s gangs get to work on “Bourse Ekrem”
For many targeted by judicial operations, there’s a going rate to buy freedom.
Turkey frees Croatian captain of coal bulk carrier found loaded with cocaine
Vessel arrived from Colombia. Turkish routes to Europe have become popular with drug-runners. Big diplomatic effort was launched to secure release of seaman.
Has Turkey entered “arms race” with Saudi Arabia for football prestige?
Galatasaray’s €75mn deal for striker Osimhen latest example of debt-ridden top Turkish clubs paying out mega bucks for players.
Turkey raises end-2025 official inflation forecast range to 25-29%
Seeking to show everything’s on track, economic team have tossed in a new term, “interim targets”
Turkey sells purebred Arabian foal Ergunes in online auction
State agricultural organisation TIGEM turning a notable profit breeding and raising champion horses.
Tourists in Turkey fed up with cash-only and card payment scam merchants
Frustration growing among holidaymakers already convinced country has fallen out of the “budget-friendly” league.
INTERVIEW: Azerbaijan looks to substantial peace dividends from Armenia deal
Azerbaijan’s ambassador to the UK Elin Suleymanov outlines the benefits to Azerbaijan, Armenia and the broader region from the August 8 Washington summit.
Turkish reactions to US-brokered Azerbaijan-Armenia peace deal split between strong support and deep suspicion
Erdogan welcomes accord but main opposition says Trump reduced Turkey to a "spectator" in vital foreign policy matter.
Turkey’s FX-protected deposits scheme leaves behind $60bn price tag
"KKM" was brought in at a time when Turks were fleeing in ever greater numbers to the dollar from the collapsing lira.
Wildfires close Dardanelles gateway to Black Sea
Strait closed as Turkey’s heatwave battle with raging wildfires fanned by strong winds continues.
Armenia, Azerbaijan sign US-brokered peace deal, agree to open ‘Trump Route’ transit corridor
Agreement commits the two countries to formally end hostilities and reopen transport links severed during decades of conflict over the disputed Nagorno-Karabakh region.
INTERVIEW: Former US official on America's lost authority as Global South acts on Gaza
As Gaza's death toll passes 61,000, nations meeting in Bogotá pledge concrete measures to halt arms flows to Israel. Ex-US official Annelle Sheline, who resigned over Washington's Gaza policy, calls it a turning point for the Global South.
Turkey detains activist who said in Strasbourg youth “ready to go on streets”
Enes Hocaogullari grabbed on arrival at Ankara airport.
Index shows Turkey heading for “water-poor” status within five years
Coastal tourist hubs suffering daily water cuts amid drought. Locals fume over hotels with full swimming pools and guests taking five showers a day.