COMMENT: With Trump back in the White House, Europe may need to turn to Turkey to strengthen its security

Analyst suggests EU cannot hope to deter Russia effectively without closer cooperation with Ankara.

Syria says staging grounds for attacks on Turkey will be thing of the past

In visit to Ankara, Damascus’ new top diplomat takes on thorny issue of Kurdish-held territory in Syrian northeast.

Number of Turkish energy M&As edges up to 30 in 2024

Volume of transactions, however, contracts 44% y/y to $1bn from $1.8bn in 2023.

ISTANBUL BLOG: “Dog bites man” story as Erdogan arrests more mayors, but there’s more here than meets the eye

Two issues to watch: shape-shifting opposition politician Imamoglu and sad sight of boomers failing to solve Kurdish question.

Turkey's Erdogan threatens to "cut off heads" of terrorist groups in Syria

Turkish President Recep Tayyip Erdogan has threatened military action against militant groups in Syria, particularly Kurds, unless they lay down their arms and disband.

TurkStream is now the only route for Russian gas to Europe

Turkish issuers sell record $33bn of eurobonds in 2024

Total of 28 sellers included nine making market debuts. For sales, Treasury ranked first, raising $13bn via five papers.

Russia’s Rosatom plans legal action over non-delivery of Siemens Energy parts for Turkey’s first nuclear plant

Germany's refusal to budge on issue forced Moscow to turn to China for required equipment.

34 companies raise 60bn lira via Istanbul IPOs in 2024

Average deal size TRY 1.75bn and average size of stakes sold 24%. Most companies issued privileged shares to favour owners.

EBRD delivers 26% expansion in investments in 2024, commits record €16.6bn across economies

Lender notes strong momentum in green and gender financing, in parallel with steadfast support for Ukraine and its real economy.

Cost of repairing Syria’s power infrastructure put at $40bn by electricity minister

Production facilities, transmission points, high voltage lines and distribution networks “ruined”, he says.

Putin seizes Russia beer market JV of Brussels-listed AB InBev and Istanbul-listed Efes

Kremlin rejects Belgian and Turkish partners’ plan to in face of sanctions swap Russia and Ukraine stakes.

OUTLOOK: Turkey 2025

What is in store for Turkey in 2025? bne IntelliNews’ annual OUTLOOK: Turkey 2025

Seoul-listed DoubleU acquires 60% stake in Turkey’s Paxie Games for $27mn

Seoul-listed DoubleU acquires 60% stake in Turkey’s Paxie Games for $27mn. Some 844 active gaming studios recorded in Turkey by end of 2024.

Risk of Israel-Turkey war in new Syria assessed by Israeli government commission

Turks could even come to pose greater threat to Israel than Iranians did, warns panel headed by ex-national security chief.

Turkish textile maker Akin Tekstil fires 152 on negative impacts of real lira appreciation

Extension of “forbearance measures”, meanwhile, will keep Turkey’s “zombie” companies on feet at least until end of 2025.

Turkey-Iran border dispute escalates over new fuel tax

Turkey’s recent decision to end a long-standing tax exemption on fuel for Iranian transit trucks has triggered a major backlog at the Bazargan border crossing and left some 300 trucks stranded daily in harsh winter conditions.

Cost of producing one Turkish lira coin surpasses three lira

Embarrassments caused by depleted currency include public toilet fee only kept at one lira thanks to two-lira subsidy.

Tajik “terrorist” reportedly appointed Syrian defence ministry operational HQ chief

Sayfiddin Tajibayev’s jihadist group fought in offensive that toppled Assad.

Bangladesh explores tank purchase from Turkey as India receives request for Hasina’s extradition

Bangladesh has initiated talks with Turkey’s Otokar Otomotiv ve Savunma Sanayi A.S. to procure 26 light tanks, with delivery expected in 2025