Turkey - AL-MONITOR: The Middle Eastʼs leading independent news source since 2012

Turkey

Turkey

September 6, 2026

Ankara 9:43 am

24°C

TAI Hurjet

Analysis

With Hurjet test, Turkey seeks defense dominance beyond drones

With export revenue from the supersonic crewed aircraft, Ankara plans to fund next-generation projects and gain strategic diplomatic and military leverage across NATO and the region.

Barin Kayaoglu

By Barin Kayaoglu

In Ankara, reporting on geopolitics and national security

Ibrahim Kalin, Turkish presidential spokesperson, gives a press conference at the Presidential Complex, Ankara, May 25, 2022.

Turkey and Greece's intelligence chiefs hold rare talks: What to know

The meeting comes after Turkey recently warned Greece over what it called an arms race in the Eastern Mediterranean.

Chip Somodevilla/Getty Images

US sanctions Turkey-based bank over Iran ties

The Treasury Department said Golden Global Bank was facilitating transactions for Iran's Islamic Revolutionary Guard Corps.

Mecca Alliance

Israel, Greece sign $3.5 billion air-defense deal: What to know

Against the backdrop of growing tensions with Turkey, Israel signed one of its largest-ever defense industry deals to supply Greece with advanced air defense systems.

Latest News

Saudi Arabia, Turkey, Pakistan set Mecca Alliance into motion

Mecca Alliance

Analysis

Why Turkey welcomes Israel-Syria talks despite mounting red lines

Turkish President Recep Tayyip Erdogan (R) and Syrian President Ahmed al-Sharaa arrive for a joint press conference following their meeting at the Presidential Palace in Ankara, Feb. 4, 2025.

Barin Kayaoglu

By Barin Kayaoglu

In Ankara, reporting on geopolitics and national security

Culture

In divided Cyprus, FC Barcelona youth camp sparks new dispute: What to know

Barcelona

Samuel Wendel

Senior Analyst, Middle East Business & Tech

In Washington, DC, reporting on regional business and tech

Amberin Zaman

Chief Correspondent

Reporting on geopolitics, minorities, human rights, culture

Jack Dutton

Chief Business Correspondent

In Bristol, reporting on regional business, climate change, AI, tech

Ezgi Akin

Associate Editor (Turkey)

In Ankara, reporting on diplomacy, EU-Turkey ties, NATO

Francesco Schiavi

In Bologna, reporting on security, defense, economy, governance

Barin Kayaoglu

In Ankara, reporting on geopolitics and national security

The Liberia-flagged bulk carrier Asl Tia en-route to China transits the Bosporus.

Russia pulls inspectors from Turkey after Kremlin nixes grain deal

The joint operation center in Istanbul, which was set up as part of the Black Sea grain deal, has been the sole mechanism through which Ukrainian and Russian officials were directly working together on a regular basis since the invasion of Ukraine.

Yasmen and Jan

Yazidi victims of Islamic State heal wounds, grow independent in Germany

Despite the tragedies they suffered at the hands of the terror group in their homeland in the Iraqi Kurdistan province, many Yazidis in Germany are now prospering in their new lives.

Turkish exchange rates

Turkey’s Central Bank hikes interest rates to 17.5%

The 250 basis point rise was lower than analysts' expectations, many of whom advocate for a steeper hike.

Ebrar Karakurt

Culture

Turkish volleyball star becomes target of homophobic slur

A conservative paper’s attack on a gold-medal-winning volleyball star for her sexual orientation has created controversy as Turks rallied to her defense.

UAE President Mohamed bin Zayed Al Nahyan (R) greeting Turkey's President Recep Tayyip Erdogan

Turkey, UAE ink $50 billion in trade deals during Erdogan visit

The $50 billion worth trade deals come as the Turkish government is struggling to draw foreign funds to ease its currency crisis.

United Arab Emirates

President of the European Commission Ursula von der Leyen delivers a speech.

European Parliament rebuffs Turkey's NATO-EU trade-off

Turkey’s EU accession process cannot resume under the current circumstances, but new ways to cooperate should be explored, EP members say ahead of an EU foreign ministers meeting.

A man counts Turkish liras at a currency exchange office, Istanbul, Turkey, July 29, 2020.

Turkish lira hits record low, losing 2% amid concerns of smaller rate increase

As of 4:15 p.m. Istanbul time, the lira was trading at 26.99 against the dollar, 2.4% less than Monday’s close of 26.3505.

The UN-chartered vessel MV Valsamitis is loaded to deliver 25,000 tonnes of Ukrainian wheat to Kenya and 5,000 tonnes to Ethiopia, at the port of Chornomorsk, east of Odessa on the Black Sea coast, Feb. 18, 2023.

Turkey, Russia discuss Ukraine grain export deal after Moscow halts pact

The conversation between the top Russian and Turkish diplomats comes as Ankara is amping up its efforts to salvage the deal critical for global food markets.

A young man looks at the Bayraktar TB2 drone, manufactured by Turkey's Baykar, as it is presented during the opening of the Teknofest Azerbaijan aerospace and technology festival at Baku Crystal Hall, Baku, Azerbaijan, May 27, 2022.

Saudi Arabia signs major deal with Turkey to acquire Baykar drones

Riyadh has long been interested in Baykar drones and the possibility of producing the weapons in Saudi Arabia.

Turkey's President Recep Tayyip Erdogan (L) welcomes Crown Prince of Saudi Arabia Mohammed bin Salman (R) during an official ceremony at the Presidential Complex in Ankara, on June 22, 2022. Saudi Arabia's de facto ruler took a big step out of international isolation on June 22, 2022, paying his first visit to Sunni rival Turkey since the 2018 murder of journalist Jamal Khashoggi in the kingdom's Istanbul consulate. (Photo by Adem ALTAN / AFP) (Photo by ADEM ALTAN/AFP via Getty Images)

Turkey’s Erdogan arrives in Saudi Arabia, first stop on Gulf tour

Turkish President Recep Tayyip Erdogan said his three-day Gulf tour, which includes Saudi Arabia, Qatar and the United Arab Emirates, will focus on economic cooperation.

The Barbados-flagged ship "Nord Vind" coming from Ukraine loaded with grain is anchored for inspection in Istanbul, on Oct. 11, 2022.

Wheat prices rise by nearly 3% as Russia-Ukraine grain deal expires

Turkish President Recep Tayyip Erdogan said he may call his Russian counterpart, Vladimir Putin, in an effort to save the export deal. The deal’s termination could have economic effects on the Middle East.

Turkish President Recep Tayyip Erdogan (R) welcomes Abu Dhabi's Crown Prince Sheikh Mohammed bin Zayed Al Nahyan (R) during an official ceremony at the Presidential Complex in Ankara, on November 24, 2021. (Photo by Adem ALTAN / AFP) (Photo by ADEM ALTAN/AFP via Getty Images)

Analysis

As Turkey grapples with deficit, Erdogan pins his hopes on Gulf funds during visit

Ankara is hoping for an inflow of Gulf dollars as the battered lira remains under pressure amid a gaping budget deficit and reluctance to take firmer measures to tame inflation.

Mustafa Sonmez

By Mustafa Sonmez

In Istanbul, reporting on economics