Turkey’s role in European security on agenda as top diplomats of Ankara, EU meet

Donald Trump policies could set in motion an attempt at reconfiguring relations.

Istanbul-listed contractor Enka to build Essar's 350-MW hydrogen plant in UK for GBP 529mn

Installation will form part of HyNet industrial decarbonization cluster at Stanlow Refinery in Ellesmere Port.

Turkey delivers another 250bp rate cut in line with expectations

Moderation in domestic demand, real appreciation in the lira and improvement in inflation expectations remain on track.

Turkish Airlines resumes Damascus flights after 13-year hiatus

The first Turkish Airlines flight in 13 years landed in Damascus on January 23, carrying 345 passengers including the airline's CEO Bilal Eksi.

Trump issues anti-wind executive order

President Donald Trump quickly issued an unexpectedly sweeping executive order that prevents federal government involvement in permitting of all offshore and onshore wind projects, including on private onshore land.

Trump withdraws US from Paris Agreement

President Donald Trump wasted no time withdrawing the US from the Paris Agreement merely hours after being sworn-in on January 20.

Turkey's M&A volume up 35% y/y to $10bn in 2024 says KPMG

Country's telecom, industrial production and automotive companies said to be popular when it comes to potential transactions.

66 dead as fire engulfs ski resort hotel in Turkey

At least two die after jumping from windows. Some reports say blaze detection system did not function.

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.