Category: Latest News – Turkey

Key developments – An official announced that the Turkish watch industry now generates roughly $1.5 billion in revenue, underscoring the sector’s rapid growth and export strength. – Turkey’s hazelnut exports have reached $1.9 billion over the first nine months of…

Continue reading Turkey’s watch sector hits $1.5 bn, hazelnut exports near $2 bn and defence spending set to surge 229% in 2027 budget

The watch sector in Turkey has reached a production and export value of about $1.5 billion, according to an official statement released on October 12 2026. This marks a significant growth point for the industry, underscoring its rising competitiveness in global…

Continue reading Turkish Watch Industry Hits $1.5 Billion Export Milestone

Key developments: On 16 October 2026 Vice President Cevdet Yılmaz disclosed that the upcoming 2027 state budget will raise allocations for weapons, ammunition and defence equipment by 229%, lifting total defence spending to $44.5 billion. The move is part of a broader…

Continue reading Türkiye boosts 2027 defence budget by 229%, earmarking $44.5 bn for weapons and equipment

The city of Istanbul has experienced its most severe flooding in eight decades, with unprecedented rainfall over a two‑day period overwhelming drainage systems and causing widespread damage. The interior minister confirmed that the death toll has risen to…

Continue reading Istanbul Endures Worst Flooding in Over 80 Years, Four Dead

Turkey’s 2027 state budget, presented by Vice President Cevdet Yılmaz, projects economic expansion of 4.2%—a notable jump from the 3.3% growth expected in 2026. The forecast follows a 3.7% increase in 2025, driven by strong investment that outpaced…

Continue reading Turkey projects 4.2% GDP growth for 2027 in new budget plan

Turkey’s government has unveiled an ambitious economic roadmap, projecting a 4.2% GDP expansion for 2027—up from an expected 3.3% in 2026—backed by strong investment growth and a push for higher productivity and technological innovation. At the same time,…

Continue reading Latest News for Latest News – Turkey — October 16, 2026

The Turkish parliament has passed a bill that will prohibit anyone under the age of 15 from accessing social‑media platforms, with the rule set to take effect on November 1. The measure follows a wave of similar proposals across…

Continue reading Turkey to Ban Social Media Use for Children Under 15 Starting November

The government has passed a bill that will prohibit anyone under 15 from accessing social media platforms from November 1, requiring platforms to implement age‑verification systems. The move follows a broader international trend, with the EU and several…

Continue reading Turkey to Ban Social Media Use for Children Under 15 Starting November

The Turkish parliament has approved a bill that will prohibit anyone under 15 from accessing social media platforms, with the rule slated to take effect on 1 November. The measure, announced by the government on the 10th of the…

Continue reading Turkey to Ban Social Media Use for Children Under 15 Starting November