Turkey News: Analysis and Market Trends
Cop31 leaders clash over fossil fuels as Turkey spotlights Gaza at Antalya summit
With several major emitters absent and security disruptions affecting access, the UN COP31 summit in Antalya is exposing sharp divisions over climate ambition and energy policy. Turkey is using ...
Turkey banking regulator chief offers resignation as $20bn fraud probe widens
Turkey's financial authorities face mounting pressure as a sprawling $20bn investment fund scandal reaches deeper into the country's regulatory and political establishment. The resignation offer ...
Turkey financial executives face arrests in market manipulation probe
Turkey's investigation into an alleged market manipulation scandal is widening to senior figures in the country's financial sector. The arrests include former Takasbank chief Yunus Arinci and come ...
Turkey faces FSB call to tighten crypto oversight and set stablecoin rules
Turkey is facing renewed pressure to strengthen its crypto regulatory framework as global standards on digital assets continue to evolve. A new peer review says the country has made progress on ...
EBRD to invest U.S. $6 billion in Türkiye REACT energy transition projects
Türkiye is stepping up its clean energy ambitions through a new investment platform launched during COP31 to speed renewable power, grid upgrades and electrification. The European Bank for ...
COP31 presses electrification plan as UN warns climate crisis is accelerating
Amid wars, inflation and widening climate damage, nearly 200 countries are gathering in Turkey to try to revive momentum on emissions cuts and the shift away from fossil fuels. The talks are ...
COP31 hosts target faster electrification as 1.5C climate goal slips out of reach
Global climate talks in Antalya are shifting toward faster electrification of energy systems as governments acknowledge the long-standing 1.5 degrees Celsius target will be exceeded. The joint ...
UNCTAD says trade cooperation can accelerate climate technology access and resilience
Ahead of COP31 in Antalya, UN Trade and Development says trade policy is becoming a more important lever for lowering emissions and supporting a just transition. Its latest Global Trade Update ...
Turkey pushes COP31 action agenda as climate summit opens in Antalya
With nearly 200 nations gathering in Antalya for this year’s UN climate talks, Turkey is pressing for the summit to produce measurable progress rather than repeat broad pledges. The call comes ...
Ikizkoy villagers press COP31 leaders to inspect coal mining impact in Turkey
As COP31 opens in Turkey with cleaner energy high on the agenda, residents of Ikizkoy are urging visiting leaders to travel beyond the summit venue and witness the damage they say decades of ...
COP31 focuses on climate finance and implementation gaps at UN summit in Türkiye
With climate impacts intensifying in 2026 and clean energy technologies expanding rapidly, COP31 is set to test whether governments can turn available solutions into broader access and faster ...
EBRD sets COP31 climate finance agenda in Türkiye
As Türkiye prepares to host COP31 in Antalya from 9 to 20 November 2026, the European Bank for Reconstruction and Development is positioning the event as a platform to advance climate action with ...
Ziraat Katilim's $1 billion sukuk programme wins Fitch BB-/B ratings
Turkey's state-backed participation banking sector is moving through ownership and consolidation changes as Ziraat Katilim Bankasi seeks funding flexibility in international Islamic debt markets. ...
UNEP says adaptation finance gap widens as climate risks rise
Developing countries face a widening shortfall in climate adaptation funding as global warming is set to move beyond 1.5°C. A new UN assessment says annual needs reach about $305 billion by 2035, ...
Turkey fraud probe targets alleged $20 billion investor scheme
Turkey is investigating an alleged investment fraud that authorities say cost investors about $20 billion and exposed oversight concerns in the country's financial markets. The case involves a ...
Arcelik cut to 'B' by Fitch as weaker demand pressures leverage
Arcelik faces a lower credit rating as soft demand in Turkiye and overseas markets continues to weigh on earnings and funding needs. The Negative Outlook signals the risk of a further downgrade if ...
GDZ Elektrik Dagitim rating affirmation reflects stable Turkish grid revenues
Turkey's regulated power distribution sector remains supported by inflation-linked tariffs and investment allowances as utilities enter a new regulatory cycle. Fitch Ratings has affirmed GDZ ...
Dogus Otomotiv explores Turkey Volkswagen production partnership
Turkey's auto sector is drawing renewed manufacturing interest as Dogus Otomotiv signs a letter of intent with Volkswagen group companies to examine local production of Volkswagen passenger cars. ...
U.S., Türkiye highlight defense and economic ties on Republic anniversary
As Türkiye marks the 103rd anniversary of the Republic, Washington is using the occasion to underline the strategic and commercial breadth of the bilateral relationship. The message comes ahead ...
World Bank approves $485 million Türkiye industry digital transformation project
Türkiye is expanding its industrial modernization push as smaller manufacturers face rising pressure to improve productivity, meet sustainability requirements, and stay competitive in export ...
EBRD invests €100 million in Garanti BBVA funding programme for Türkiye SMEs
Long-term bank funding in Türkiye is being directed toward smaller businesses led by women and young entrepreneurs through a new €100 million investment structure. The financing combines ...
