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Latest Economy News contentTypes.economy
Gold prices surge to February peak above $5,150 amid geopolitical uncertainty
Gold prices climbed to their highest February level Monday, reaching approximately $5,150 per ounce—a 0.9% increase driven by central bank policies and geopolitical tensions. The precious metal, which hit a historic peak near $5,600 last month, continues its volatile ascent as investors seek safe-haven assets.
23 February 2026
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Albayrak Group strengthens port infrastructures with its extensive fleet
Albayrak Group stands out as a strong player on a global scale with its activities in the maritime and port infrastructure sector. Albayrak İnşaat, operating under the Group, develops infrastructure for strategic ports in different geographies with its extensive fleet
21 February 2026
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Türkiye's short-term external debt edges down to $165.7 billion in Q4
Central Bank data shows a 0.3% quarterly decline, with banking sector debt falling 0.8% while other sectors increased borrowing by 4.5%. Non-resident lira deposits rose 3% to $23.7 billion.
19 February 2026
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Turkish flour industry targets 3 million tons exports in 2026 despite global headwinds
Türkiye's flour sector aims to capture over a quarter of the 12-million-ton global export market this year, targeting 3 million tons following 2.34 million tons achieved in 2025. TUSAF Chair Mesut Çakmak cited rapid export growth in Syria and strong brand reputation as key advantages against competitors like Egypt.
16 February 2026
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Japan and Qatar sign 27-year LNG deal securing 3 million tons annually
Japanese energy giant Jera Co. and QatarEnergy have finalized a 27-year liquefied natural gas agreement for 3 million tons per year starting in 2028. The deal strengthens Tokyo's energy security while diversifying procurement sources, with additional provisions allowing Japan to request emergency supplies during natural disasters.
14 February 2026
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IMF: Türkiye's disinflation program succeeds as growth remains resilient
The International Monetary Fund has endorsed Türkiye's economic program, confirming that tight monetary policy, fiscal consolidation, and prudent income measures have reduced inflation while maintaining steady growth. The IMF projects 4.2% growth for 2026 and urged continued structural reforms to entrench gains.
14 February 2026
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US and Taiwan seal trade deal cutting tariffs to 15%
The United States and Taiwan have finalized a reciprocal trade agreement that reduces tariffs on Taiwanese exports to 15% and opens Taiwan’s market to nearly all American goods. Taipei also pledged to purchase more than $84 billion in US products over the next five years, signaling deeper economic and supply chain cooperation in the Asia-Pacific.
13 February 2026
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Albayrak Group consolidates its seven international ports under the ALPORT brand
ALPORT ports extend far beyond their host countries, serving even landlocked nations and shaping trade routes across continents. The direction and future of global trade are decided at ports today.
13 February 2026
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14TH WCI Forum concludes today in Istanbul after strengthening Türkiye-Africa ties
On the closing day, participants reflected on key outcomes, including a surge in bilateral trade, new defense industry agreements, and a shared commitment to sustainable cooperation beyond traditional aid models.
12 February 2026
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Alibaba unveils open-source AI model to power robots
China’s Alibaba has introduced an open-source artificial intelligence model designed to serve as a cognitive engine for robots, marking a step forward in embodied AI. The development comes as South Korea announced a $692 million national initiative to produce AI semiconductors, underscoring intensifying regional competition in advanced robotics and chip technology.
12 February 2026
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Macron warns Europe to end 'naive' trade policies, reduce strategic dependencies
French President Emmanuel Macron called on Europe to forge balanced trade partnerships while aggressively reducing vulnerabilities in critical minerals and energy. He urged the bloc to move from paper agreements to concrete industrial projects and embrace common debt financing
12 February 2026
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Tariffs as geopolitical weapon: U.S. trade policy reshapes alliances, not deficits
U.S. tariff strategy is less an economic cure and more a tool for geopolitical leverage, analysts argue. While marketed domestically as a path to prosperity, its global effect is pushing partners toward new alliances, reshaping decades of economic integration.
10 February 2026
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Türkiye sets tourism record with $65.2B revenue in 2025
Türkiye achieved its highest-ever tourism figures in 2025, welcoming 64 million visitors and generating $65.2 billion in revenue despite regional instability. The country now ranks as the world's fourth-most visited destination, with sector leaders targeting further growth through year-round and event-driven tourism.
10 February 2026
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Uber to acquire Getir's food delivery business in Türkiye for $335M
Uber has agreed to purchase the Turkish delivery startup Getir's food delivery operations in Türkiye for $335 million. The deal, pending approvals, includes an additional $100 million investment for a 15% stake in Getir's remaining grocery and retail delivery business, consolidating Uber's local footprint.
09 February 2026
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Finance minister: Türkiye's economy resilient amid global uncertainty
Turkish Finance Minister Mehmet Simsek says the nation's economy has shown resilience despite global headwinds, citing free trade agreements, strong service exports, and strategic investments in AI and energy. He highlighted Türkiye's pivotal role in new trade corridors and its robust services sector as key buffers.
09 February 2026
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Karel seeks strategic Saudi partnership at World Defense Show 2026
Turkish defense technology firm Karel is promoting its advanced military communication systems at a major exhibition in Riyadh. The company aims to establish long-term cooperation with Saudi Arabia, aligning with the kingdom's Vision 2030 goals.
09 February 2026
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Türkiye’s population reaches 86.1 Million in 2025, growth rate accelerates
Official figures from the Turkish Statistical Institute reveal a significant increase in the national population and growth rate. Istanbul remains the nation's most populous city, as urbanization trends continue across the country.
09 February 2026
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Turkish Petroleum and Chevron sign exploration deal for energy projects
Turkish Petroleum (TPAO) and US energy giant Chevron have signed a memorandum of understanding to jointly evaluate oil and natural gas exploration and production opportunities. The partnership, announced by Türkiye's Energy Minister, aims to develop projects both domestically and internationally, supporting the country's energy independence goals.
05 February 2026
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Türkiye's central bank reserves reach all-time high of $218.2 billion
The Central Bank of the Republic of Türkiye has reported its total international reserves have climbed to a record $218.2 billion as of January 30. The increase was primarily driven by a significant rise in gold holdings, underscoring the continued strengthening of the nation's financial buffers.
05 February 2026
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