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Economy
Economy category that groups up-to-date and relevant content under a clear thematic scope for easier discovery and consistent editorial organization.
Turkey to Expand Railway Network by 50%: 38 New Projects Ready
The Ministry of Transport and Infrastructure has completed survey work for 38 new railway projects spanning 7,084 kilometers. These investments aim to expand the existing network by 50 percent through strategic lines such as Eskişehir-Antalya and Samsun-Çorum.
Turkey and Saudi Arabia Sign $2 Billion Solar Energy Agreement
Turkey and Saudi Arabia have signed an agreement to build solar power plants with a total capacity of 2,000 megawatts in Sivas and Karaman. The $2 billion investment projects are expected to begin energy production by 2028.
Albayrak Group Expands Global Capacity in Maritime Trade and Port Operations
Albayrak Group is enhancing its operational efficiency in maritime trade through a vast port network spanning from Trabzon to Africa and a modern fleet. The group is strengthening its global competitiveness with advanced engineering solutions and infrastructure investments.
Oil Production Continues Uninterrupted on Mount Gabar Despite Harsh Winter Conditions
Daily oil production of 80,000 barrels continues on Mount Gabar in Şırnak despite snow depths reaching 2.5 meters, with teams working 24/7 to keep sites operational.
General Strike Against Milei's Labor Reform Paralyzes Argentina
A nationwide general strike led by unions against President Javier Milei's "Labor Modernization Law" has disrupted transportation and services across Argentina, leading to clashes with police in the capital.
30 Billion Lira New Guarantee Support for Agriculture: 8 Banks Join Initiative
Minister of Agriculture and Forestry İbrahim Yumaklı announced a 30-billion-lira guarantee program involving eight banks to help agricultural producers overcome collateral issues and access financing.
Reasons for 6.9 Point Deviation in Central Bank's 2025 Inflation Target Revealed
The Central Bank's 2025 inflation target of 24% was exceeded by 6.9 points, reaching 30.9% due to rising food prices, import costs, and energy prices.
Real Sector Confidence Index Rises in February: Reaches 104.1
According to Central Bank of the Republic of Türkiye data, the seasonally adjusted Real Sector Confidence Index rose by 1.1 points month-on-month to 104.1 in February 2026.
Number of Foreign Visitors to Turkey Exceeds 2.2 Million in January
According to data from the Ministry of Culture and Tourism, the number of foreign visitors to Turkey in January increased by 3.48% year-on-year, reaching 2.246 million people.
30 Billion Lira Guarantee Support for Agriculture: New Credit Package for Farmers
The Ministry of Agriculture and Forestry has launched the Agricultural Guarantee Support Program, providing 30 billion liras in credit guarantees for farmers and agricultural SMEs facing collateral shortages.
US Supreme Court Overturns Trump's Tariff Authority
The US Supreme Court has ruled that the power to set customs duties constitutionally belongs to Congress, limiting President Trump's trade policy powers. In response, Trump criticized the court and announced plans for a new 10% tariff executive order.
MediaMarkt and TEGV Provide 1.6 Million Euro Educational Support for Children in Earthquake Zone
The 'Better with Education' project, a collaboration between MediaMarkt Turkey and TEGV, aims to provide science, technology, and arts education to 24,000 children in earthquake-affected regions.