Economy
Economy category that groups up-to-date and relevant content under a clear thematic scope for easier discovery and consistent editorial organization.
Four Holiday Periods Coincide in Antalya: Tourism Expected to Be Busy
Antalya will see a surge in hotel occupancy as the March break, Ramadan, Nevruz, and Easter holidays overlap.
Logo Ödeme Receives Operating License from Central Bank of Turkey
Logo Ödeme has secured an operating license from the Central Bank of Turkey, positioning itself as the first payment institution focused on open banking.
Ocado to Lay Off 1,000 Employees
UK‑based online supermarket and logistics tech firm Ocado announced on 26 February 2026 that it will cut about 1,000 jobs as part of a restructuring plan aimed at reducing costs by £150 million.
Turkcell to Offer 5G Service in 81 Provinces from April 1
Turkcell announced that from April 1 it will provide 5G coverage in 81 provinces, after visiting the 5G test site in Kartepe.
New Era in Vehicle Rental: Tackling Unregistered Operations
The Istanbul Chamber of Commerce's draft regulation aims to curb unregistered vehicle rentals, improve service quality, and reduce consumer complaints.
European Stock Markets Fluctuate Amid Geopolitical Tensions and Corporate Earnings
European indices saw mixed moves as U.S.-Iran nuclear talks and earnings from Nvidia, Stellantis, and others added uncertainty.
Pentagon Considers Blacklisting Anthropic as Supply Chain Risk
The Pentagon is reviewing its reliance on AI firm Anthropic’s Claude model and may add the company to its supply‑chain blacklist.
EY Turkey Discusses Electric Vehicles and AI with Automotive Sector Representatives
At a round‑table hosted by EY Turkey, automotive industry leaders debated electric vehicles, battery technology, AI, supply‑chain transformation, and global trade policies.
FKB Economic Outlook Index Falls to 100.7 Points in January 2026
The Financial Institutions Association Economic Outlook Index slipped 1.82 points to 100.7 in January 2026, a modest decline following December's strong momentum.
Lagarde: ECB Continues to Monitor Inflation Perceptions
ECB President Christine Lagarde highlighted a downward trend in inflation but noted that public perception of price rises is higher than official data. Medium‑term stability at the 2% target is expected, though euro gains and cheap Chinese imports pose risks.
Narcissus Onion Boosts Local Economy
The Mersin Metropolitan Municipality’s Narcissus Onion Distribution Project supported 356 producers with subsidized onions between 2020‑2025, revitalizing idle farmland and boosting local incomes.
RePie Investment Holding Prepares for IPO
RePie Investment Holding has begun its IPO process, aiming to expand its portfolio to $700 million and accelerate growth in energy, mining, and real estate sectors.