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TWF completes first international Islamic finance transaction
Türkiye Wealth Fund (TWF) has signed a $100 million Murabaha financing agreement with Sharjah Islamic Bank (SIB). This three-year term…
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Transition to Electronic Guarantees in Electricity Market Mandated by EPDK
The Energy Market Regulatory Authority’s (EPDK) decision regarding electronic guarantees in the electricity market has been enforced, requiring market participants…
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Yapi Kredi increased its Eurobond issuance to $800 million
Yapi Kredi CEO Gokhan Erun said, “We will continue to support our country’s economy with the bond issuance of $300…
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Turkiye’s external assets at $304 billion
Türkiye’s external assets stood at $304 billion in September, declining by 1.4 percent compared with the end of 2022, the…
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Turkish banks’ refinancing pressures reduced: Fitch
Refinancing pressures have reduced for Turkish banks, following the post-election policy shift that includes progress towards a more conventional policy…
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Turkiye: 22 companies go public in first half
Some 22 companies have launched initial public offerings (IPO) in the first half of 2023, data from the Central Securities…
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Turkiye’s external assets rise to $308 billion
Turkiye’s external assets increased by 0.5 percent from the end of 2022 to amount to $307.6 billion as of March,…
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Aydem Renewable Energy’s revenue reached ₺3.8 billion last year
Aydem Renewable Energy reported that its revenue reached ₺3 billion 808 million last year, with an increase of more than…
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Turkiye’s external assets at $289 billion
Turkiye’s external assets stood at $287.6 billion as of the end of April, indicating a decrease of 1 percent compared…
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Global markets rise as concerns over inflation ebb
Investors focus on macro data this week Global markets on Monday started the week positively as concerns over inflation ebbed…
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