06/04/2026, Monday21:58

EDITION :

Today Sports Economy Türkiye World Columns Technology Life Video Gallery Cartoon

The Strait of Hormuz will reopen for transit only when transit revenues are used to compensate for damages from the war, Iran's presidential office said Sunday. The statement comes as the US-Israeli offensive on Iran enters its fifth week, with the strategic waterway effectively closed since early March.A US-Israeli strike targeted Iran's Qom-Tehran highway early Friday, Mehr news agency reported, with no immediate reports of casualties or damage. The attack comes a day after strikes destroyed the strategic B1 bridge in Karaj, north of Tehran, killing eight people and wounding 95.President Recep Tayyip Erdoğan said Thursday that the struggle for oil and carbon fuels in the past century will be replaced by water as competition for power intensifies. "The signs of this struggle are already visible in the armed conflicts taking place around the region," he warned.President Recep Tayyip Erdoğan extended his greetings to Türkiye's Jewish citizens for the Passover holiday, wishing that the holiday brings "peace, stability, prosperity, and well-being to our region and all humanity." The message reflects Türkiye's tradition of recognizing religious holidays of all communities.Turkish supporters flooded Taksim Square waving flags and celebrating after the national team qualified for the 2026 FIFA World Cup by defeating Kosovo 1-0 in the European Qualifiers play-off final on April 1. The victory secured Türkiye's place in the global tournament.

The Strait of Hormuz will reopen for transit only when transit revenues are used to compensate for damages from the war, Iran's presidential office said Sunday. The statement comes as the US-Israeli offensive on Iran enters its fifth week, with the strategic waterway effectively closed since early March.A US-Israeli strike targeted Iran's Qom-Tehran highway early Friday, Mehr news agency reported, with no immediate reports of casualties or damage. The attack comes a day after strikes destroyed the strategic B1 bridge in Karaj, north of Tehran, killing eight people and wounding 95.President Recep Tayyip Erdoğan said Thursday that the struggle for oil and carbon fuels in the past century will be replaced by water as competition for power intensifies. "The signs of this struggle are already visible in the armed conflicts taking place around the region," he warned.President Recep Tayyip Erdoğan extended his greetings to Türkiye's Jewish citizens for the Passover holiday, wishing that the holiday brings "peace, stability, prosperity, and well-being to our region and all humanity." The message reflects Türkiye's tradition of recognizing religious holidays of all communities.Turkish supporters flooded Taksim Square waving flags and celebrating after the national team qualified for the 2026 FIFA World Cup by defeating Kosovo 1-0 in the European Qualifiers play-off final on April 1. The victory secured Türkiye's place in the global tournament.

Advertisement

Turk Eximbank inks $124M funding agreement with ING

14:31, 10/05/2024, Friday

AA

Turk Eximbank inks $124M funding agreement with ING

File photo

Funding to bolster Türkiye's export sector

Türkiye's export credit bank Turk Eximbank announced Friday that it has signed a 5-year funding agreement of €115 million ($124 million) with the Dutch banking firm ING.

The funding agreement was inked under the insurance of The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC).

“With this valuable facility with ING and ICIEC, we will continue to support the financing needs of our Turkish exporters and our country's economy in line with our mission as Türkiye's sole official export credit agency,” said Ali Guney, general manager of Turk Eximbank.

Titles :funding agreement ICIEC ING Türkiye Turk Eximbank

Comments

Comments you share on our site are a valuable resource for other users. Please be respectful of different opinions and other users. Avoid using rude, aggressive, derogatory, or discriminatory language.