Egypt's revenue from the Suez Canal plunged sharply in 2024

Demand for critical minerals used in clean tech to triple by 2040

Unease grows over Trump tariffs despite 'progress' in Japan trade talks

House sales up 5.1 percent in March

OECD expects Türkiye’s growth to rebound by 2026

‘No tolerance for financial misuse,’ Şimşek warns crypto firms

Bulgaria signs Black Sea deal with energy giant Shell

Bulgaria has signed an agreement with international energy giant Shell to explore oil and gas in the Black Sea, local media reported on April 15.

Europe seeks to break its US tech addiction

With President Donald Trump more unpredictable than ever and transatlantic ties reaching new lows, calls are growing louder for Europe to declare independence from U.S. tech.

Trade minister pays 2-day official visit to Syria

Trade Minister Ömer Bolat is set to visit the Syrian capital of Damascus on April 16 with the heads of business umbrella organizations to discuss trade, customs, transportation, investment and energy issues between the two countries.

Trump says ball in China's court on tariffs

Donald Trump believes it is up to China to come to the negotiating table on trade, the White House said Tuesday, after the U.S. president accused Beijing of reneging on a major Boeing deal.

Budget deficit narrows to $7 billion in March

The central government budget posted a deficit of 261.5 billion Turkish Liras ($7 billion) in March, the Finance Ministry said on April 15.

Pegasus carries over 9 million passengers in first quarter

Low-cost carrier Pegasus served a total of 9.02 million passengers in the first quarter of 2025, pointing to a 12 percent increase compared to the same period of last year.

Turkish contractors sign deals for projects in 4 Libyan cities

Türkiye and Libya have signed development contracts for infrastructure and health projects in four eastern cities, Libya’s Reconstruction and Development Fund has announced.

Number of paid employees ticks up 1 percent in February

The number of paid employees in the industry, construction, trade and services sectors increased by 1.1 percent year-on-year to 15.29 million in February, according to data from the Turkish Statistical Institute (TÜİK).

Chinese EV battery giant CATL posts 33 pct surge in profit

The world's leading maker of electric vehicle batteries, Chinese firm CATL, posted a 32.9 percent jump in first quarter profit, even as demand for electric vehicles slows.

Bigger rate cut may be needed if large tariffs persist: Fed official

The U.S. central bank may need to make a bigger-than-expected interest rate cut if President Donald Trump keeps large tariffs in place for an extended period, a top Fed official has warned.

Syria ministers to attend IMF, World Bank meetings

Syrian ministers and the country's central bank chief are to take part in the International Monetary Fund and World Bank's spring meetings in Washington next week, two sources told AFP.

Ghana prohibits foreigners from local gold trading

Ghana has announced it was banning all foreigners from trading in its local gold market as part of sweeping reforms aimed at boosting foreign exchange reserves and stabilising the local currency.