Latest News from Turkey
Turkey Offers to Mediate Ceasefire Between US and Iran
Turkey has volunteered to mediate peace talks between the US and Iran amid escalating Middle East conflict, following repeated failed attempts by other nations. This comes as Turkey faces attacks from Iran and seeks to position itself as a key player despite US rejection of broader ceasefire efforts.
The move highlights Turkey's strategic interest in regional stability.
Construction Sector Powers Turkey's 2025 Economic Growth
Turkey's construction sector grew by 10.8% in 2025, the highest among GDP activities, driven by housing, urban transformation, and earthquake reconstruction. The economy expanded 3.6% overall, ranking Turkey among OECD's top three fastest growers despite tight monetary policy.
Experts predict continued momentum in 2026 with better financing and urban projects.
Turkey Pushes for F-35 Jets Amid Regional Threats from Iran
Turkey is pressuring the Trump administration for F-35 deliveries, leveraging its hosting of the NATO summit in Istanbul and threats from Iran. Despite US concerns over Turkey's Russian S-400 systems, Turkey argues for arming against growing military risks.
Trump could override Congress via waiver citing national emergency.
Development Road Project to Inject $55 Billion into Turkey's Economy
The 1,200-km Development Road from Iraq's Faw Port through Turkey to Europe is projected to add $55B to the economy and create 70,000 jobs yearly. Backed by Iraq, Qatar, and UAE, it connects 67 countries and integrates with Middle Corridor for faster Asia-Europe trade.
Zangezur Corridor construction has started, linking to Turkic states.
Turkey's Shopping Malls Hit Record $59 Billion Revenue in 2025
Turkish shopping centers achieved $59B revenue in 2025, with turnover per sqm up 30% to $4,849 amid inflation. Anatolia outpaced Istanbul with 35.3% growth due to urbanization and rising purchasing power.
Five new malls planned for 2026 target emerging regions.
5G Network Launch and Satellite Advances in Turkey
Turkey's national 5G network will launch its first signal on April 1, with 32 million compatible devices ready. Türksat 6A serves 5.5 billion people, and Türksat 7A development is underway.
A proposal seeks to restrict social media for under-15s.
US Coordinates with Turkey on Strait of Hormuz Security
Former US Ambassador to Turkey notes US working with allies including Turkey to secure Strait of Hormuz amid Iran threats and oil price surges. Iran's escalation options are limited but could target Gulf infrastructure.
This underscores Turkey's role in regional maritime security.
Hejaz Railway Reconstruction Talks with Syria
Turkey is negotiating with Syria to rebuild damaged sections of the historic Hejaz Railway linking Damascus to Jordan. This aims to restore regional connectivity amid broader infrastructure initiatives.
It complements projects like Zangezur Corridor.
Turkey's Energy Security Needs Balanced Strategy
Turkey must adopt a balanced approach to energy security with investments to support industrial growth and system resilience. Thoughtful planning is key amid regional geopolitical tensions.
This involves diversifying sources and infrastructure.
Potential Turkey-UAE Partnership Post-Middle East Conflict
Turkey's industrial capacity combined with UAE investments could enhance trade, infrastructure, and tech collaboration after Middle East tensions. This may challenge dollar dominance in regional economics.
It positions Turkey as a key player in post-conflict recovery.
Strait of Hormuz Tensions Raise Fears of Turkish Involvement
Escalating Middle East crisis, including Iran's actions, sparks speculation on Turkey's potential role amid global trade disruptions. Pakistan analysts warn of economic impacts, with Turkey eyed as next player.
Reopening of Hormuz remains uncertain.