Industry Minister Kacır Unveils New Incentive System

The Minister of Industry and Technology, Mehmet Fatih Kacır, announced new support programs aimed at protecting employment in SMEs. Minister Kacır stated that if ...

Significant Milestone in Bitcoin: Noteworthy Developments This Week

Coin Engineer - Bitcoin is struggling to maintain its monthly support, but deeper BTC price metrics provide reassurance for bulls. Bitcoin is trading within a cri...

Licensed electricity production increased by 4.64% in October.

In October, Turkey's licensed electricity generation increased by 4.64% compared to the same month last year, reaching 25 million 841 thousand 786 megawatt-hours....

MARKET OVERVIEW - No Cotton Transactions at ITB

Foreks - No cotton transactions took place at the Izmir Commodity Exchange. According to information compiled from the Izmir Commodity Exchange bulletin, no price...

Bitumen Production Increased by 13.74% in October

In October, Turkey's bitumen production increased by 13.74% compared to the same month last year. According to a report released by the Energy Market Regulatory A...

Turkey's LPG Imports Increased by 5.29% in October

In October 2024, LPG imports conducted by refinery and distributor license holders amounted to 294,208 tons, representing a 5.29% increase compared to the same mo...

TABLE - TCMB Analytical Balance Sheet

Forex -

Turkey's Natural Gas Imports Increased by 17.69% in October

In October, Turkey's natural gas import volume increased by 17.69% compared to the same month last year. According to a report published by the Energy Market Regu...

Market Participants Anticipate a Surge in IPOs in the U.S. by 2025

In the U.S., initial public offerings (IPOs) reached the highest level seen since 2021 in 2024. According to capital markets data provider Dealogic, companies goi...

Turkey's Crude Oil Imports Plummeted 25.9% in October

In October, Turkey's crude oil imports decreased by 25.9% to 2 million 180 thousand 715 tons. The Energy Market Regulatory Authority (EPDK) published the "Oil Mar...

Burçelik's Investment Incentive Certificate Approved

Foreks - Burçelik's investment incentive certificate for a fixed investment amounting to 21.62 million TL has been approved.

In a statement made to KAP, the com...

Assessing Karpowership's Provision of Electricity to Syria

Karpowership, the owner of Turkey's floating power plant fleet, stated that it is one of the many alternatives being considered to supply electricity to Syria. Fo...

Appliance Production Declined in November

According to TÜRKBESD data, production in six main products decreased by 10% in November.

Central Securities Depository Sets Minimum and Maximum Default Interest Rates for 2025

Forex - Takasbank has determined the minimum and maximum default interest rates to be applied in 2025.

According to the statement from Takasbank, the minimum an...

UPDATE - Armada Food's IPO Results Announced

Armada Gıda, a leading company in the food sector with a rich history and experience of over 30 years, recognized as one of Turkey's largest industrial and export...

China's Net Gold Imports via Hong Kong More Than Doubled in November

According to data released by the Hong Kong Census and Statistics Department on Monday, China's net gold imports through Hong Kong more than doubled in November c...

ASELSAN Signs Export Contract Worth 42 Million Dollars

Foreks - ASELSAN signed an export contract worth 42 million dollars with a customer operating in the Middle East region. According to the statement made by ASELSA...

Nissan Stocks Decline Due to Unfavorable Terms of Honda Agreement

Nissan Motor shares fell again on Monday, experiencing a 13% loss over two days due to concerns that the proposed holding company agreement with Honda Motor Co. c...

European Natural Gas Prices Approach Monthly High Amid Rapid Storage Depletion and End of Ukraine-Russia Agreement

Investing.com -- European natural gas prices are approaching their highest levels of the month due to faster-than-normal depletion of storage levels and the impen...

Turkish Lira Declines Following Erdoğan's Interest Rate Statements

Investing.com -- The Turkish lira drew attention on Monday as the worst-performing currency among emerging market currencies. This situation arose as a result of ...

Novartis' Experimental Drug Shows Improvement in Spinal Muscular Atrophy

Investing.com -- Novartis AG reported that its new experimental drugs improved motor functions in children suffering from a form of spinal muscular atrophy in an ...