Browsing Tag
Türkiye
30 posts
Nordex shares surge as Q3 EBITDA doubles and 2026 profit outlook improves
Nordex has more than doubled quarterly EBITDA to €278 million, lifted its annual margin outlook and generated €379 million in free cash flow. Its preliminary results signal substantial improvement in wind turbine economics, but November's detailed results will reveal how much of the recovery is sustainable.
Russia and Germany hold first foreign-minister talks since 2022 as Black Sea food exports take focus
Germany and Russia have held their first foreign-minister talks since before the 2022 invasion of Ukraine, focusing on Black Sea grain exports and possible de-escalation.
What the Makkah defence pact means as Saudi Arabia faces missile and drone strikes
Saudi Arabia, Türkiye and Pakistan are preparing urgent military consultations under their Makkah Joint Defence Agreement after escalating Houthi missile and drone attacks on Saudi territory, including threats around the strategically important Red Sea oil hub of Yanbu.
Ukraine offers reciprocal Black Sea and energy truce as Zelenskyy puts decision on Russia
Ukraine says it is prepared for reciprocal Black Sea and energy ceasefires, including suspending strikes on Russian export infrastructure if Moscow does the same.
Houthi attack on Saudi Aramco Jazan refinery puts new Türkiye-Pakistan defence pact to its first test
Houthi forces have targeted Saudi Aramco’s 400,000-barrel-per-day Jazan refinery and Yemen’s strategic Mocha port, only two days after Saudi Arabia signed a mutual defence pact with Türkiye and Pakistan.
TPAO joins BP-led Kirkuk redevelopment as Iraq brings Turkish and US capital into giant oil project
Türkiye Petrolleri Anonim Ortaklığı will take a 15% interest in BP’s Kirkuk project company, creating a BP, ConocoPhillips and Turkish Petroleum partnership around one of Iraq’s largest redevelopment opportunities.
A bigger site, a new partner and an old promise: Hotel Okura returns to Cappadocia
Hotel Okura has revived its long-delayed Cappadocia resort project through a new Turkish partnership, a larger development site and a sharper focus on thermal wellness tourism.
Trump moves to lift Turkey sanctions as S-400 obstacle still blocks F-35 return
Donald Trump’s sanctions decision removes a major irritant in United States-Türkiye relations, but Congress, Russia’s S-400 system and regional objections still stand between Ankara and the F-35 fighter jet.
Pakistan brokers Libya unity push as Dbeibah-Haftar power-sharing plan emerges
Pakistan’s proposed 36-month Libya reunification framework would retain Abdulhamid Dbeibah as prime minister while giving Saddam Haftar and the eastern camp major authority, but oil revenues, foreign patrons and election rules could still derail the initiative.
Trump to meet Zelenskyy and al-Sharaa as Ankara NATO summit tests alliance unity
Donald Trump’s meetings with Volodymyr Zelenskyy, Ahmed al-Sharaa and Recep Tayyip Erdoğan will place the Ukraine war, Syria’s diplomatic reintegration and transatlantic defence spending at the centre of the July 7 and 8 NATO Summit in Ankara.