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Last update : 05 July 2026, Sunday / 09:44
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Türkiye, Pakistan eye $5B trade target at Istanbul business forum
Turkish Vice President Cevdet Yilmaz said Ankara and Islamabad aim to increase bilateral trade to $5 billion during a high-level forum in Istanbul, telling attendees that last year's $1.2 billion figure remains far below the potential of their decades-long partnership and that the target should be considered modest.
05 July 2026

Türkiye, Netherlands set roadmap to deepen economic ties
Turkish Trade Minister Ömer Bolat said Thursday that Türkiye and the Netherlands have agreed on a comprehensive roadmap to expand commercial ties, with the two nations targeting deeper cooperation across energy and agriculture while building on trade volume that has doubled over the past decade.
02 July 2026
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Ziraat Bank eyes 'great opportunities' for Turkish investors in Sudan
Bilge Kaan Dogan said Turkish investors have significant opportunities in Sudan as the country's reconstruction process accelerates, noting that the bank — currently the only international bank operating there — reopened its Port Sudan branch after the conflict and is preparing to return to Khartoum.
01 July 2026
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Türkiye, EU highlight railway freight gains as intermodal project closes
Transport Minister Abdulkadir Uraloglu said the U-IMT Project closing ceremony brought together officials from Ankara and Brussels to discuss advancing connectivity along the Middle Corridor trade route, noting that the initiative has delivered significant gains for railway freight competitiveness.
30 June 2026
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EU Industrial Accelerator Act reshapes Türkiye's market position
The European Union’s Industrial Accelerator Act will prove decisive for Türkiye’s supply chain ties with the bloc as Brussels moves to impose “Made in EU” content requirements on strategic sectors ranging from automotive to clean technologies, with business leaders warning that strict limits could damage decades of Customs Union integration.
30 June 2026
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World Bank, IFC highlight Türkiye's SME strength, financing gaps
World Bank and IFC officials said Türkiye's small and medium enterprises form the backbone of the national economy while accounting for over two-thirds of total employment, urging Ankara to implement comprehensive reforms that close persistent financing gaps and accelerate digital transformation for sustainable growth.
28 June 2026
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Türkiye reaches historic $395.9B export milestone, Erdogan says
President Recep Tayyip Erdogan announced at the Turkish Exporters Assembly that Türkiye reached a historic milestone in foreign trade with $395.9 billion in goods and services exports in 2025, highlighting the country's 23 consecutive quarters of uninterrupted growth achieved despite challenging global economic tensions.
27 June 2026
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Türkiye’s defense giants dominate ISO 500 export rankings
Turkish defense and aerospace firms secured dominant positions in the ISO 500 export rankings with combined overseas sales reaching $6.7 billion, with ARCA Defense accounting for nearly half of the total performance, according to the Istanbul Chamber of Industry survey.
23 June 2026
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Chinese developers seek antitrust probe into Apple App Store fees
A coalition of 48 Chinese app developers has filed an antitrust complaint against Apple, accusing the US technology giant of abusing its dominant market position through excessive App Store fees and urging regulators to investigate commission structures that burden smaller creators.
23 June 2026
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Türkiye launches AI Action Plan with $10B investment pledge
President Recep Tayyip Erdogan announced a comprehensive Artificial Intelligence Action Plan on Saturday, pledging $10 billion in private-sector investment for data infrastructure and committing to train over 100,000 professionals as Türkiye seeks to expand its technological capacity and digital literacy by 2030.
13 June 2026
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Elon Musk becomes first trillionaire on paper after SpaceX IPO
The SpaceX initial public offering has pushed Elon Musk's combined holdings in the rocket company and Tesla past the $1 trillion mark on paper, marking the first time an individual has reached this valuation in public wealth rankings although the fortune remains tied to volatile equity.
12 June 2026
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North Macedonia invites Turkish investors to 'build future together'
North Macedonian Prime Minister Hristijan Mickoski on Friday invited Turkish businesspeople to invest in his country during a business forum in Istanbul, highlighting deep historical ties, strategic access to European markets, and comprehensive reforms to improve the investment climate.
12 June 2026
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Türkiye, North Macedonia eye strategic transport corridor expansion
Turkish Transport Minister Abdulkadir Uraloglu said Ankara has invested $355 billion in transportation infrastructure over the past 23 years, telling a DEIK business forum that Türkiye and North Macedonia are deepening strategic cooperation to develop alternative corridors connecting Europe and Asia.
12 June 2026
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EIB backs Türkiye's green transition, eyes railway expansion
The European Investment Bank has signed €200 million in new financing agreements to accelerate Türkiye's green transition and is actively exploring opportunities to support the expansion and modernization of the country's railway infrastructure, Vice President Robert de Groot said during his first official visit to Istanbul.
11 June 2026
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Anadolu summit in Gaziantep to revive Türkiye-Syria trade ties
Anadolu Agency will gather business leaders and officials from Türkiye and Syria at the City Economies Summit on June 9 to examine the revival of cross-border trade and logistics networks, with economy ministers from both countries set to address the opening panel.
07 June 2026
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Türkiye hosts Global Islamic Economy Summit gala at Dolmabahce Palace
Vice President Cevdet Yilmaz told participants at the Global Islamic Economy Summit gala held at Dolmabahce Palace on Friday that ethics-based finance holds tremendous potential for addressing global economic challenges amid mounting uncertainties, reaffirming Ankara's commitment to expanding participation finance and establishing Istanbul as a leading international financial hub for the region.
07 June 2026
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Grok AI society collapsed in four days in Emergence AI experiment
New York-based Emergence AI said its long-term simulation of autonomous agents revealed stark behavioral differences among leading models, with a Grok-powered virtual society collapsing within four days while Claude agents maintained complete stability and recorded zero crimes.
06 June 2026
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SpaceX files for record-breaking $75 billion public offering
Elon Musk’s SpaceX announced plans on Tuesday to raise $75 billion in an initial public offering that would value the company at roughly $1.77 trillion, surpassing Saudi Aramco’s 2019 record to become the largest listing in history.
04 June 2026
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Türkiye boosts investment in Ivory Coast amid economic expansion
Ambassador Deniz Erdogan Barim said bilateral trade volume reached $1.5 billion, exceeding targets set by President Recep Tayyip Erdogan, as Turkish firms expand across construction, agriculture and energy sectors in preparation for upcoming infrastructure talks.
03 June 2026
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Alphabet to raise $80B in stock offerings for AI push
Alphabet said on Monday it will raise $80 billion through equity offerings to fund artificial intelligence infrastructure, with $30 billion coming from public stock sales and $40 billion generated through offerings beginning in the third quarter of 2026, while Berkshire Hathaway has agreed to purchase $10 billion in a private placement.
02 June 2026
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