Türkiye’s electric vehicle maker Togg has expanded its network to 58 fixed service locations after opening 11 new sites by the end of July.
Türkiye has preserved preferential customs treatment for qualifying low-value e-commerce shipments to the European Union, giving its online exporters a potential advantage under the bloc’s new import rules.
Türkiye exported goods worth $94 billion to the 60 countries designated under its target markets strategy in the first six months of 2026, as part of efforts to diversify export destinations and expand into new markets.
Türkiye, Ghana and Luxembourg have joined the Coalition to Grow Carbon Markets, bringing the government-led initiative’s membership to 14 countries, the coalition said on Aug. 6.
Türkiye and the United States discussed steps toward their $100 billion bilateral trade target during an online meeting between Trade Minister Ömer Bolat and U.S. Trade Representative Jamieson Greer.
President Recep Tayyip Erdoğan will pay a one-day working visit to Saudi Arabia, Presidential Communications Director Burhanettin Duran has announced.
Türkiye aims to develop the oil terminals at Ceyhan on its Mediterranean coast into a regional center for storing, trading and pricing crude and petroleum products, Energy and Natural Resources Minister Alparslan Bayraktar said.
Industrial orders in Germany came in above expectations in June, the country's statistics office said on Aug. 6, but analysts warned that rivers running dry and the Mideast war could spell trouble.
Türkiye continued to expand its imports of Swiss watches in the first half of 2026 despite fluctuations in global luxury watch demand, business daily Ekonomi reported, citing data from the Federation of the Swiss Watch Industry (FH).
Galataport Istanbul Port Director Tolga Tuncay said the port expects around 200 cruise ship calls and approximately 520,000 passengers to visit Istanbul this year, adding that the long-term goal is to reach 1 million passengers through gradual growth.
Türkiye reiterated its call for an update of its customs union with the European Union during talks with Spain, while setting a medium-term target of raising annual bilateral trade to $25 billion.
Turkish defense giant Aselsan has unveiled a domestically developed family of infrared detectors designed for use in a range of strategic defense platforms, including surveillance systems, missile seekers and unmanned aerial vehicles.
Türkiye’s automotive exports rose 2.6 percent year-on-year to a record $24.4 billion in the first seven months of 2026, marking the industry’s highest January-July figure, according to data from the Türkiye Exporters Assembly (TİM).
Daily oil production at the Gabar fields in southeastern Türkiye has reached a record 83,300 barrels, Energy and Natural Resources Minister Alparslan Bayraktar said on Aug. 6.
Dwindling water levels on some of Germany's major rivers worsened by heat and drought are raising fears that badly constrained riverboat cargo traffic may deal yet another blow to the struggling economy.
Meta entered the race for automated coding tools on Aug. 5 when it announced a new app for developers of artificial intelligence products, as it competes with other major AI labs for customers and revenue.
