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Iran's Supreme Leader Mojtaba Khamenei declared on Monday that Israel's "shaky Zionist regime" has only a limited time remaining, his remarks coming amid a sharp escalation that saw Tehran launch missiles at northern Israel and Israeli warplanes strike multiple Iranian cities including the capital.Hakan Fidan held talks with Bangladeshi Prime Minister Tarique Rahman in Dhaka on Saturday, with Turkish diplomatic sources confirming the high-level meeting as the fourth stop on the foreign minister's ongoing tour of Asia-Pacific nations that began at the start of June.Hakan Fidan was welcomed by his counterpart Sugiono in Jakarta on Wednesday, with the two sides set to discuss expanding bilateral cooperation, boosting trade and defense ties, and addressing regional security challenges during the Turkish minister's Asia-Pacific tour.Türkiye's Foreign Minister Hakan Fidan met with Singaporean Prime Minister Lawrence Wong on June 2 to discuss strengthening bilateral ties and regional cooperation, with both sides emphasizing the importance of enhanced partnership between Ankara and the Southeast Asian city-state, according to diplomatic sources.New Zealand activist Mousa Taher, part of the Gaza-bound Global Sumud flotilla attacked by Israeli forces, said he was subjected to torture and humiliating treatment. "The Israeli occupation forces really tortured me this time," he said, showing injuries on his face and leg.

Iran's Supreme Leader Mojtaba Khamenei declared on Monday that Israel's "shaky Zionist regime" has only a limited time remaining, his remarks coming amid a sharp escalation that saw Tehran launch missiles at northern Israel and Israeli warplanes strike multiple Iranian cities including the capital.Hakan Fidan held talks with Bangladeshi Prime Minister Tarique Rahman in Dhaka on Saturday, with Turkish diplomatic sources confirming the high-level meeting as the fourth stop on the foreign minister's ongoing tour of Asia-Pacific nations that began at the start of June.Hakan Fidan was welcomed by his counterpart Sugiono in Jakarta on Wednesday, with the two sides set to discuss expanding bilateral cooperation, boosting trade and defense ties, and addressing regional security challenges during the Turkish minister's Asia-Pacific tour.Türkiye's Foreign Minister Hakan Fidan met with Singaporean Prime Minister Lawrence Wong on June 2 to discuss strengthening bilateral ties and regional cooperation, with both sides emphasizing the importance of enhanced partnership between Ankara and the Southeast Asian city-state, according to diplomatic sources.New Zealand activist Mousa Taher, part of the Gaza-bound Global Sumud flotilla attacked by Israeli forces, said he was subjected to torture and humiliating treatment. "The Israeli occupation forces really tortured me this time," he said, showing injuries on his face and leg.

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ADB approves $750M loan for new Türkiye railway line

Yenişafak English AA

15:45, 09/06/2026, TuesdayU: Update: 15:57, 09/06/2026, Tuesday

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ADB approves $750M loan for new Türkiye railway line

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The Asian Development Bank has approved a €645.83 million ($750 million) loan to finance the Istanbul North Rail Crossing Project, stating that the 127-kilometer line will reinforce Türkiye's strategic role as a key link between Asia and Europe while relieving supply chain bottlenecks for passengers and freight.

The Asian Development Bank has approved a €645.83 million ($750 million) loan to finance a 127-kilometer railway line in Türkiye. The Istanbul North Rail Crossing Project is designed to bypass the Istanbul metropolitan area and provide a high-capacity overland rail link across the Strait of Istanbul. The electrified route will connect two main airports to the national rail network while relieving supply chain bottlenecks, according to the bank.

Regional connectivity

Leah Gutierrez, the bank's Director General for Central and West Asia, said the project reinforces Türkiye's strategic role as a key link between Asia and Europe. "The collaboration of international financial institutions maximized development impact," she stated. The Manila-based lender designed the route to relieve supply chain bottlenecks for passengers and freight, officials noted.

Co-financing and timeline

The Asian Development Bank and the World Bank are cofinancing the initiative to streamline project preparation. Officials projected the total cost at $8.27 billion, with a second loan for the same amount scheduled for consideration in 2028. The project aligns with Türkiye's 12th Development Plan and the Transport and Logistics Master Plan.

Titles :asian development bank adb türkiye railway istanbul north rail crossing project leah gutierrez world bank 12th development plan infrastructure

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