Turkey is set to showcase its breakthrough in the defense industry and display some of its multiple vehicles at one of the world’s largest aerospace expos that kicks off on Monday. A showcase for tens of billions of dollars of business deals, the Farnborough International Airshow (FIA) in the United […]
EU Commission president heads to Azerbaijan to seek more gas
The head of the European Commission Ursula von der Leyen is expected to visit Baku on Monday looking for more natural gas from Azerbaijan, the bloc’s executive said Sunday, as it seeks to reduce energy reliance on Russia amid Moscow’s invasion of Ukraine. “Amid Russia’s continued weaponization of its energy […]
MENA, Pakistan, Turkey startups clinch over $5B funding in H1
After a record-breaking 2021, startups across the Middle East, Africa, Pakistan and Turkey have continued to attract vast amounts of capital in the first half of this year, the latest report showed. Yet, momentum in the market has started to show the first signs of a slowdown due to headwinds […]
US seeks to ease woes over Russia sanctions after Istanbul grain deal
The United States on Thursday sought to facilitate Russian food and fertilizer exports by reassuring banks, shipping and insurance companies that such transactions would not breach Washington’s sanctions on Moscow over its invasion of Ukraine. Enabling those Russian exports is a key part of attempts by the United Nations and […]
Lifting of flight restrictions has nothing to do with Israel ties: Saudi FM
Saudi Arabia’s decision to lift restrictions on all carriers using its airspace is not a sign of a push toward future ties with Israel, the kingdom’s foreign minister said Saturday. “This has nothing to do with diplomatic ties with Israel,” Saudi Foreign Minister Prince Faisal bin Farhan Al Saud told […]
Amazon to launch drone deliveries in 2 US states amid hybrid trend
U.S. e-commerce giant Amazon announced on Friday its plans to start making deliveries via drones in the U.S. states of California and Texas amid a slowdown in its office expansion in favor of a hybrid work trend. The company announced last month that it will offer drone deliveries to customers […]
Turkish Airlines breaks all-time occupancy record
Turkey’s national flag carrier Turkish Airlines (THY) broke its occupancy record on July 15, 2022, an official announced on Saturday. “Yesterday, we hosted more than 260,000 passengers with an occupancy rate of over 87%. We had the busiest day in Turkish Airlines history,” Yahya Üstün, the carrier’s senior vice president […]
Made-in-Turkey bus, minibuses exported to 68 countries in 6 months
Turkey’s bus, minibus and midibus exports increased by 13.98% in the first half of the year compared to the same period in 2021. The sector, which increased its export sales from $509.9 million in January through June last year to $581.2 million in the same period this year, sent buses, […]
Digital transformation in energy gains pace for electric vehicles
The number of devices that we must charge or use batteries for is constantly growing. This nowadays particularly goes for electric vehicles (EV), not to mention other devices such as smartphones, smart watches, tablets, headsets, speakers and smart scales. Be it for transport or entertainment, almost every device we use […]
Germans unseat Russian tourists in Turkey’s Antalya after 5 years
The famed Turkish resort city of Antalya has welcomed more than a million German tourists so far this year, according to Recep Yavuz, head of the Antalya City Council Tourism Working Group. “In the first six months of this year, 955,000 German tourists visited Antalya. As of the first week […]