economy
- Markets
Stock Market Hits New Record: BIST 100 Index Reaches All-Time High, Closing at 10,336.50 Points
Borsa Istanbul’s BIST 100 index completed the day at 10,336.50 points with a 0.68% gain in value, achieving the highest…
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Turkiye’s 5-Year Credit Risk Premium (CDS) Hits Lowest Level Since February 2021 at 281.75 Points
Turkiye’s 5-year credit risk premium (CDS) fell below 282 basis points for the first time since February 2021, falling to…
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Turkish Exports Rise Across 54 Provinces, Istanbul Leads with $4.075 Billion in April
The Ministry of Commerce announced that exports increased in 54 provinces in Turkiye between January and April. According to data,…
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Central Bank’s Historic $11 Billion Foreign Exchange Purchase
Preliminary data show that the Central Bank made a historic foreign exchange purchase of $11 billion last week. According to…
Read More » - UAE
Dubai ranked Middle East’s wealthiest city with 72,500 millionaires
Abu Dhabi is the region’s next big millionaire hotspot with 22,700 high-net-worth people, report says Dubai is home to the…
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Isparta’s rose season starts one month early
Roses, a quintessential symbol of Isparta’s heritage for over 185 years and an important raw material for the cosmetics industry,…
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Turkish Banking Sector Achieves ₺153.5 Billion Net Profit in March
The net profit of the Turkish banking sector was ₺153.5 billion in March. Banking Regulation and Supervision Agency (BRSA) published…
Read More » - Markets
Turkiye Plans Two Taxes on Cryptocurrency: Transaction Tax and Withholding Tax on Crypto Assets
Following the regulation of the CMB, the Revenue Administration plans to impose a low-rate transaction tax on crypto money, such…
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VIOP Index Contract Opens Week with 0.5% Increase
The contract based on the BIST 30 index for June maturity at the Borsa Istanbul Futures and Options Market (VIOP)…
Read More » - Turkiye
Turkiye’s Central Bank to Release Second Inflation Report of 2024 on Thursday
The Central Bank of the Republic of Turkiye will announce the 2nd Inflation Report of the year in Ankara on…
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