GOVERNMENT PREPARES REGULATORY OVERHAUL
The government is preparing comprehensive reforms across its financial regulatory bodies following the massive investment fund crisis that shook domestic markets.
Analysis
In-Depth Analysis
Smart, independent reporting on Turkey's politics, economy and foreign affairs.
GOVERNMENT’S INVESTMENT INCENTIVES DRAW CRITICISM OVER LEGAL CONCERNS
President Recep Tayyip Erdoğan has announced a comprehensive investment incentive plan, aimed at making Turkey a 'global attraction center,' but the plan drew criticism over the lack of enforcement of existing laws.
INTELLIGENCE CHIEF KALIN DEFINES VISION FOR TERROR-FREE TURKEY
İbrahim Kalın, head of the National Intelligence Organization (MIT), described the goal of a Terror-Free Turkey as a comprehensive, multi-layered and multi-phase transformation.
TURKEY RESHAPES OIL TIES WITH IRAQ
After a decision to terminate the 1973 crude oil pipeline agreement with Iraq as of July 27, 2026, Turkey started negotiations with the Iraqi central government for a more comprehensive agreement on the transportation of Iraqi oil. The move is not a withdrawal from the partnership but a strategic reset. Under the 1973 agreement and its supplementary protocols, either party must notify the other at least one year before expiry if it intends to terminate the deal. If no such notice is given, the contract automatically renews for five years. Turkey has now officially informed Iraq of its intent to withdraw, preventing automatic renewal and opening space for renegotiation.
CHINA, UAE AND TURKEY FORM UNLIKELY ALLIANCE FOR FINTECH
A joint Turkish-UAE-Chinese venture is set to launch a comprehensive digital banking and payments platform in Turkey, marking an unusual cross-border collaboration that includes players from both the Gulf and China.