Qatar and ExxonMobil sign Cyprus gas deal despite Turkey opposition
US giant ExxonMobil and Qatar Energy signed a contract Friday for oil and gas exploration and production-sharing off the divided island of Cyprus despite Turkey’s opposition to the deal. Cypriot Energy Minister Natasa Pilides, Varnavas Theodosiou, CEO of ExxonMobil Cyprus, and Ali al-Mana, director of Qatar Energy’s International Upstream and...Qatar and Turkey to extend currency swap deal between their central banks
Qatar and Turkey have announced they agreed to extend a currency swap deal between their central banks, as Ankara’s lira has plunged in value fuelling an economic crisis. According to a joint statement on Tuesday, the two sides “welcomed the signing of the agreement on the extension and amendment of...Qatar, Turkey sign 11 new agreements
The signing is to take place at the 7th session of the Supreme Strategic Committee between the two countries.Turkey, Qatar vow joint push to reopen Kabul airport
Turkey and Qatar on Monday raised the possibility of jointly operating Afghanistan's Taliban-controlled airport, as President Recep Tayyip Erdogan set off for two days of talks in Doha.Jordanian exporters association seeks to bridge trade imbalance with Turkey
According to official data, Jordanian exports to Turkey in the first 8 months of the current year dropped by 10 percent to JD29 million.Annual Turkish inflation surges to 21.31% in November
Turkey's annual inflation rate jumped over 20 percent in November, official data showed Friday, after a currency crisis last month when the Turkish lira hit record lows against the dollar.Archeologists find ancient weaving workshop in Turkey
They have also unearthed weight stones used to turn wool into rope during excavation work.Ankara urges Europe rights body to avoid any decision against Turkey
Turkey on Thursday called on the Council of Europe to avoid punishing Turkey ahead of a decision this week on whether Ankara could face rare disciplinary proceedings over the case of a jailed activist, Agence France-Presse reported. “Out of respect for the ongoing judicial process, we invite the Council of...Libya sends first passenger ferry to Turkey in decades
Travel links with and within Libya were severely disrupted by the 2011 revolt that overthrew dictator Moamer Gadhafi.Turkey’s Erdogan replaces finance minister amid economic turmoil
Turkish president accepted the resignation of Lutfi Elvan and appointed his deputy Nureddin Nebati as the new finance minister.Erdogan defends ‘risky but correct’ economic policy
Turkish President Recep Tayyip Erdogan on Wednesday defended his "risky but correct" economic policy of low interest rates, as the central bank intervened in markets to prop up the falling lira.Turkey jails opposition party politician: reports
A well-known Turkish defense analyst and founder of the opposition Democracy and Progress Party (DEVA), Metin Gurcan, has been jailed on charges of "political and military espionage," local media reported on Tuesday.Turkey and Turkmenistan to scale up bilateral trade to $5bn
Turkey and Turkmenistan have set themselves the target of scaling up the bilateral trade to $5 billion, as two countries have inched closer to each other in the past few years.Iraq, Turkey discuss financial and banking relations
Governor of Central Bank of Iraq called on his Turkish counterpart, to "provide facilities to Iraqi banks in a way that facilitates the settlement of the trade balance between the two countries.”Apple’s iPhone prices bite in Turkey despite Black Friday
Persistent double-digit inflation and the weakness of the Turkish currency has eroded the purchasing power of Turkish consumers, leading to a cost of living crisis and pressure on the government to act. The iPhone 12, one of Apple's bestsellers, cost 10,999 liras on Thursday evening.AD Ports Group and Turkiye Varlik Fonu sign partnership agreement
AD Ports Group and Turkey’s Turkiye Varlik Fonu signed a strategic partnership agreement to collaborate on major investment opportunities for port development and operations besides coordinating efforts to examine other logistics-related investment projects within Turkey. Under the terms of the agreement, the two organizations will also collaborate in establishing a...Abu Dhabi crown prince makes first Turkey visit in decade
Abu Dhabi's Crown Prince Sheikh Mohammed bin Zayed held talks with Turkish President Recep Tayyip Erdogan in Ankara on Wednesday, opening a new chapter in relations between the regional rivals. Later the UAE announced a $10 billion fund for investments in Turkey, state media reported.Turkish women fearful after treaty exit
Turkish women feel more vulnerable and legally unprotected since Turkey withdrew from a convention that activists argued helped deter male violence, according to women's campaign groups.Turkey lira crashes to new record low against dollar
The Turkish lira plunged to record lows against the dollar on Tuesday after President Recep Tayyip Erdogan said policymakers have no appetite to hike interest rates in response to the currency's fall.Turkey turns to OECD agreement instead of digital tax
The US Treasury has said in a statement that the deal with Turkey "represents a pragmatic solution.”Iraq seeks economic bloc with Turkey, Iran; ease in entry visa procedures
A regional economic bloc must be formed and includes Iraq, Turkey and Iran to become a regional power that allows it to compete with economic groupings around the world, said Muhammad Hanoun, a spokesman for the Ministry of Commerce at the Iraqi-Turkish Business Forum for Investment and Contracting.Turkey frees celebrated Syrian singer Souleyman
Police questioned Souleyman over reported claims he had ties to the People's Protection Units (YPG), which Turkey says is the Syrian offshoot of the Kurdistan Workers' Party (PKK). The PKK, blacklisted as a terrorist group by Ankara and its Western allies, has been waging an insurgency against the Turkish state...Erdogan calls for ‘continued dialogue’ with Israel
President Recep Tayyip Erdogan on Thursday spoke by phone with Israeli counterpart Isaac Herzog, in a rare exchange between the two countries, urging continued dialogue in their mutual interest, according to the presidency.Airfares drop sharply in Kuwait after the opening of International Airport
Airfares to some destinations from Kuwait have dropped by 50 to 200 percent after operations at Kuwait International Airport resumed full capacity in the last week of October. Nassib Adnan, the deputy director of a travel agency, said the Kuwaiti Cabinet's decision to reoperate the airport fully contributed to cutting...Israel couple accused of spying in Turkey back home after release
Mordi and Natali Oknin were detained last week after visiting the newly opened Camlica Tower -- Istanbul's tallest building.Turkey’s troubled lira accelerates record slide
It fell nearly four percent to 10.41 to the dollar before clawing back some of its losses ahead of a meeting Thursday at which the central bank is expected to lower interest rates for the third successive month. Turkey's nominally independent bank has bowed to incessant pressure from President Recep...Turkey’s troubled lira accelerates record slide
The Turkish lira suffered one of its biggest falls of the year on Tuesday and hit new historic lows to cement its status as the year's worst-performing emerging market currency.Cham Wings halts Minsk flights
The airline cited the Belarus-Poland border crisis as a reason.Turkey rebuffs Macron call for Libya troop withdrawal
Turkey on Saturday rebuffed French President Emmanuel Macron's call on foreign powers to remove their forces from Libya as part of efforts turn on a page on a decade of strife. Macron told an international conference on Libya in Paris that "Russia and Turkey must withdraw their mercenaries without delay."Porters carry Istanbul’s trade traditions on their backs
The zenith of Istanbul's porter tradition to the early 1800s, when Sultan Mahmud II ruled what was still known as Constantinople.Cyprus seeks to suspend asylum applications
In the first 10 months of the year, 10,868 irregular migrants arrived in Cyprus, 9,270 having illegally crossed the island's dividing line in a "prescribed and conscious policy by Turkey", he said. The current flows added to the more than 33,000 people already illegally residing in the republic, the government...Erdogan holds closed-door meeting with Libyan PM
Turkey’s president Recep Tayyip Erdogan and Libya's prime minister Abdul Hamid Dbeibeh had a one-on-one closed-door meeting at the Vahdettin Mansion in Istanbul that lasted for an hour-and-a-half.UAE provides $10m in aid to Turkey
The United Arab Emirates has announced the provision of $10 million to contribute to the reconstruction of some Turkish regions that were affected by wildfires and floods that swept through these areas.Turkey: ‘Eternal’ wine revives Assyrian culture
Only 3,000 or so Assyrians still live in the wider Mardin province, which is part of the historical Mesopotamia region where some archaeologists believe wine was invented 2,700 years agoTurkey’s Erdogan skips Glasgow climate conference
Erdogan's decision follows a crunch meeting in Rome on Sunday with US President Joe Biden, which the Turkish leader had expected to take place on the sidelines of the COP26 event. The two leaders agreed to try to move past a range of disputes.Turkey pressing US for F-16 fighters after F-35 plan killed
US defense officials met in Ankara Wednesday with Turkish counterparts to resolve remaining issues from the F-35 program, and US Defense Secretary Lloyd Austin spoke Thursday with Turkish counterpart Hulusi Akar, saying in a statement that the Pentagon recognized "Turkey's military modernization needs."Erdogan says ‘likely’ to meet Biden in Glasgow
The meeting would be the two leaders' second since Biden was elected president.Turkey’s hazelnut farmers blame Nutella for their meagre pay
The world-famous spread is made by Italy's Ferrero confectionary, Turkey's top hazelnut purchaser. The global giant's other sweets include Ferrero Rocher chocolates and Kinder chocolate eggs. But the Italian company is developing ill will in Turkey, where farmers get paid roughly $14 a day collecting nuts off the groundTurkey urges Armenia to mend ties with Azerbaijan
On a visit to Azerbaijan on Tuesday, Turkey set out conditions if Baku wanted better ties with Ankara.Erdogan steps back from threat to expel Western envoys
The reversal came after the United States and several of the other concerned countries issued identical statements saying they respected a UN convention that required diplomats not to interfere in the host country's domestic affairs. Erdogan had pronounced the 10 envoys "persona non grata" on Saturday.Turkish lira touches all-time low of 9.85 after Erdogan seeks expulsions
On Saturday, Erdogan announced that he had ordered his foreign ministry to expel the envoys for seeking the release of businessman and philanthropist Osman Kavala, who has been imprisoned for four years without being convicted. This triggered the steep fall in Lira already reeling from the Turkish central bank's policy...Turkey orders expulsion of 10 ambassadors as Erdogan fumes
Several European countries said late on Saturday they had received no official notification from Turkey, while the US said it was aware of the situation.OECD nations to ban export credits for coal power
With the latest international climate conference just days away, the proposed ban will halt support to new coal power stations that don't have systems that trap the carbon emissions responsible for global warming.Turkey’s Islamic defence consultancy takes on West
The company's manifesto says SADAT "aims to assist the Islamic world to take the role among the super global powers as a self-sufficient global power."Turkey cuts interest rate for second successive month despite soaring inflation
Turkey's central bank cut interest rates for the second successive month on Thursday in what economists interpreted as confirmation of its loss of independence from President Recep Tayyip Erdogan. The bank cut its policy rate to 16 from 18 percent despite soaring inflation and a depreciating currency. The lira extended...Turkey summons 10 ambassadors over Kavala release call
Activist Osman Kavala, 64, has been in jail without a conviction since 2017.Turkish lira hits record low as Erdogan sacks central bankers
The Turkish lira sank to a record low against the US dollar on Thursday after President Recep Tayyip Erdogan fired three central bank members in an overnight decree. The embattled Turkish currency has lost nearly a fifth of its value so far this year as market concerns over the policy-setting...Erdogan signals new military push into Syria
Erdogan's signalling followed a car bombing on Monday in the northern Syrian city of Afrin that killed six peopleTurkish fires endanger world pine honey supplies
Turkey’s pine honey harvests — especially in the Mugla region — were already suffering from drought when the wildfires hit. The fires destroyed the delicate balance between bees, trees, and the little insects — the Basra beetle from which the bees collect the honey — at the heart of the...Turkey parliament ratifies Paris climate agreement
Nearly 200,000 hectares (around 480,000 acres) of forest have been scorched in Turkey this year -- more than five times the annual average for 2008-2020, data from the European Forest Fire Information System (EFFIS) show. Turkey's total greenhouse gas emissions rose by 157.7 percent between 1990 and 2019, according to...













































