Minister of Treasury and Finance Mehmet Şimşek will meet with members of the Banking Association of Turkey. Minister of Treasury and Finance Mehmet Şimşek will meet with the board members of the Banking Association of Turkey (BAT) at an iftar program tonight at the Istanbul Finance Center. This announcement was made by the BAT.
The Central Bank has decided to issue liquidity instruments with maturities of up to 91 days. In order to support its tight monetary policy, the Central Bank of the Republic of Turkey (CBRT) has taken a new step. In this context, the CBRT has decided to issue liquidity instruments with maturities of up to 91 […]
Energy company BP announced that they will sell their 25% stake in the Trans Anatolian Natural Gas Pipeline (TANAP) to Apollo for 1 billion dollars. Apollo Funds will establish a partnership with BP on TANAP, which is part of the Southern Gas Corridor. According to BP’s statement, Apollo will acquire the non-controlling 25% share in […]
The Competition Board imposed a total of 494.8 million lira in administrative fines on eight companies operating in the power transformer sector. According to the announcement made by the Competition Board, administrative fines were imposed due to collusion in sales and coordination of prices by some undertakings involved in the investigation. The companies in question […]
Belgium is preparing to make changes to the indefinite unemployment benefit system by limiting it to 2 years. Deputy Prime Minister and Minister of Labor David Clarinval announced that changes will be made to the country’s unemployment benefit system. According to the new plan of the federal government, Clarinval stated that those who have been […]
In Trabzon, as the anchovy supply dwindled at fish markets, consumers started to prefer salmon. At the fishmonger stalls in the Moloz area of Ortahisar district in Trabzon, there are options like horse mackerel, whiting, salmon, sea bass, bream, trout, and a limited amount of anchovies available. Fishmonger Emin Avcı mentioned that the poor weather […]
Russia’s Central Bank has kept its policy rate unchanged at 21% as expected. Despite a recent decrease in inflationary pressures, the Central Bank noted that they continued to remain high. The statement highlighted that the growth in domestic demand significantly outpaced the expansion in goods and services supply, pointing out a noticeable cooling in credit […]
There is a persistent selling pressure in Borsa Istanbul. The BIST 100 index, which triggered circuit breakers twice, tested the 9,000 points mark, hitting its lowest level in four months. Following the detention of Istanbul Metropolitan Municipality Mayor Ekrem Imamoglu, selling pressure in the markets continues. In Borsa Istanbul, the BIST 100 index saw a […]
The visa-on-arrival application for Turkish citizens visiting Greek islands has been extended for a year. According to a Reuters report based on diplomatic sources, Greece has extended the validity period of the visa-on-arrival application provided for up to a week for Turkish citizens wishing to visit Greek islands. The automatic visa agreement that allows Turkish […]
The revenue obtained from privatizations in Turkey reached 71.6 billion dollars between 1986 and 2024. According to the compilation from the Privatization Administration’s (PA) 2024 Activity Report, the revenue from privatizations in various fields last year amounted to 122 million dollars. A total of 69 tenders were held last year, marking a 35.3% annual increase […]
