Read the latest news from regional and global sources, presenting different voices and perspectives.

Turkish central bank introduces new interim inflation targets
The Turkish central bank announced on Thursday interim targets for inflation as part of a new communication strategy, setting targets of 24% for the end of this year and 16% for the end of 2026. Presenting the bank's third quarterly inflation...

Major Crypto Breach: Turkish Exchange BtcTurk Loses $49M in Multi-Chain Attack
TLDR: BtcTurk faces a $49M crypto hack, affecting Ethereum, Solana, and other major chains. Attackers moved funds to two main wallets, then started swapping assets immediately. This is BtcTurk’s second major breach; June 2024 saw a $55M loss....

Turkish lira, Iranian toman weaken against dollar
2025-08-14T09:53:05+00:00 font Enable Reading Mode A- A A+ Shafaq News – Ankara / Tehran On Thursday, the Turkish lira and Iranian toman fell further against the US dollar, extending losses under sustained currency pressure. In Turkiye, the dollar...

Turkish Central Bank Sets New Interim Targets for Inflation
Türkiye's central bank announced interim targets for inflation in a new communication strategy on Thursday, setting a target of 24% for end-2025 and 16% for end-2026. Presenting the bank's quarterly inflation report in Istanbul, Governor Fatih...

Labour backbenchers in revolt as MPs pressure Keir Starmer to sack trade envoy for unauthorised trip - ‘The visit risks undermining the UK’s credibility'
Sir Keir Starmer has been urged by Labour MPs to sack his trade envoy to Turkey after he made an unauthorised visit to Northern Cyprus. Afzal Khan, 67, visited the self-declared Turkish Republic of Northern Cyprus last week, despite the UK not...

Foreign currencies rise in al-Sulaymaniyah
2025-08-14T13:58:10+00:00 font Enable Reading Mode A- A A+ Shafaq News – Al-Sulaymaniyah On Thursday, foreign currency rates in Kurdistan Region’s al-Sulaymaniyah inched higher amid continued market volatility. Shafaq News correspondent reported...

Owner of "illicit" Hot Springs massage parlors arrested in human trafficking crackdown
OKLAHOMA CITY, Okla. (KATV) — A man connected to human trafficking operations in Hot Springs has been arrested, Attorney General Tim Griffin announced at a press conference Thursday morning. Zengguang "Gary" Liu, a naturalized U.S. citizen from...

Turkish FM states progress with African continent
(MENAFN) Türkiye’s Foreign Minister Hakan Fidan said Wednesday that the country has strengthened its ties with Africa based on “mutual respect and the win-win principle.” Fidan made the remarks at a joint press conference with Botswana’s Minister...

Arab states slam far-right Smotrich's West Bank occupation plan
Israel’s far-right Finance Minister Bezalel Smotrich on Thursday threatened to annex the occupied West Bank if the international community recognizes the state of Palestine next month, in violation of international law, and drawing strong...
WNS Recognized as a Leader in Financial Crime and Compliance Operations Services by Everest Group
MUMBAI, India & NEW YORK & LONDON – Business Wire India WNS (Holdings) Limited (NYSE: WNS), a digital-led business transformation and services company, today announced that it has been recognized as a ‘Leader’ in Everest Group’s 2025 Financial...
Turkish central bank raises 2026 forecast, revises communication
ISTANBUL - Turkey's central bank kept its year-end inflation mid-point forecast at 24%, unchanged from the previous quarterly report, while raising its end-2026 forecast to 16% from 12%, Governor Fatih Karahan said on Thursday. Presenting the...

Turkish businesspeople invest $2.3B in Africa, says minister
ISTANBUL Turkish businesspeople have invested $2.3 billion and employed 35,000 people in Africa, while the country’s construction business has been actively working on the continent with over 2,300 projects under its belt, the Turkish trade...

Turkish Low-Cost Airline AJet Bans Power Bank Use During
Travelers flying with Turkish budget carrier AJet will now have to keep their portable chargers tucked away for the entire flight. The airline has officially banned the use of power banks onboard, following safety recommendations from Turkey’s...

Iraqi Fintech ‘Qi Card’, ‘Turkish Airlines’ Launch Mastercard Debit Card
Highlights: The debit card to reward 11 million Qi cardholders in Iraq 20 million Turkish Airlines reward members to get access to Qi Card’s digital payment network Convenient payment experience across Iraq and at millions of merchants and ATMs...

Chiliz and Paribu announce strategic partnership to accelerate SportFi growth in Turkey
Chiliz, the world's leading blockchain provider for the sports and entertainment industry, has partnered with Paribu, a leading Turkish crypto exchange. Istanbul, 14th August 2025:— Chiliz, the world's leading blockchain provider for the sports...

China’s planned Turkish EV factories have yet to power up
WHEN BYD, China’s biggest electric carmaker, offered a $1bn investment in the summer of 2024, Turkey rolled out the red carpet. Recep Tayyip Erdogan, the country’s president, attended the signing ceremony. Officials in Manisa, where the company...

Bulgarian services dismantle Spain-to-Turkey drug trafficking ring
Photo: Ministry of Iterior An organised criminal group trafficking drugs from Spain and the Netherlands to Turkey has been dismantled by the State Agency for National Security (DANS) and the General Directorate for Combating Organised Crime...

Central Bank keeps year-end inflation forecast stable
ANKARA Türkiye’s Central Bank left its year-end inflation forecast for 2025 unchanged at 24 percent, Governor Fatih Karahan announced on Aug. 14. Speaking at the Briefing on Inflation Report 2025-III in the Istanbul, Karahan said that the bank...

Qatar: Commercial Bank Snaps Up HSBC Veteran
Just in time for its 50th anniversary, the fourth-largest bank in the Emirate of Qatar has appointed a new CEO. Stephen Moss, who climbed the corporate ladder at British banking giant HSBC for over three decades, will take the helm of Commercial...

Oman Air & Turkish Airlines Launch Frequent Flier Partnership
Oman Air, which recently joined Oneworld Alliance (read more here), and Turkish Airlines, a Star Alliance member airline, have launched a frequent flier partnership. Oman Air Sinbad and Turkish Airlines Miles&Smiles members can earn award (not...