Turkey Economy News

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Turkish Airlines halts domestic flights till April 20

Turkish Airlines on Friday announced that due to the continuing coronavirus outbreak, it will suspend all domestic service until April…

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Turkish presidency warns of data security over COVID-19

The Turkish presidency warned Thursday about data security amid the global novel coronavirus pandemic. “This year, nearly 4,000 domain names…

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Turkish president chairs Cabinet meeting via teleconference

With much of the world’s attention focused on the coronavirus pandemic, Turkey’s president on Monday convened a historic Cabinet meeting…

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Turkish scientists working on COVID-19 vaccine

A Turkish university has started to work on developing a native DNA vaccine for coronavirus, the institution’s head said on…

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Brexit Britain feels heat ahead of US, EU trade talks

A tumultuous week has seen Britain squeezed by both the U.S. and the European Union as London embarks on simultaneous…

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Turkish tailor sews small wonders

A Turkish tailor has sewed the world’s smallest jean jacket in the central Konya province of Turkey. Kasim Andac, who…

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German Chancellor Merkel to visit Turkey next week

German Chancellor Angela Merkel will visit Turkey next week to discuss bilateral relations and international issues, her spokesman said Friday.…

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Turkey publicizes prototype of first indigenous car

Turkey’s president unveiled Friday the country’s first indigenous automobile prototype — a move which he said will realize the country’s…

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Fitch revises Turkey’s outlook from negative to stable

Credit ratings agency Fitch revised Turkey’s outlook from “negative” to “stable” on Friday and affirmed its “BB-“ rating. The agency…

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Russia, Turkey mull cooperation on electronic warfare

Russian and Turkish officials will discuss cooperation on aviation engines and electronic warfare systems, a Russian official said. Dmitry Shugaev,…

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S-400 missile defense deployment continues

Turkey on Wednesday continued to receive components of Russian S-400 missile defense systems at the Murted Air Base in Ankara.…

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Turkey slams US State Department statement on S-400s

State Department’s remarks incompatible with G20 summit meeting between Turkish, US leaders, says Turkish Foreign Ministry. With the arrival of…

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20-year high purchase by Turkish tea giant

Turkish tea giant announced Wednesday its 20-year high purchase of fresh tea rin 2019. Turkey’s General Directorate of Tea Enterprises…

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Turkish Aerospace to attend int’l expo in Malaysia

Turkish Aerospace Industries (TAI) will participate at an international maritime and aerospace exhibition in Malaysia. For the first time in…

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Turkey defense industry eyes full national development

Turkey is now meeting 65 percent of its defense needs through its own local and national defense industry, and it…

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