Riyadh

Trendyol, one of Türkiye's largest e-commerce platforms, has opened its first pop-up store in the Gulf region at a shopping mall in Saudi Arabia's capital Riyadh.

The online shopping giant has been expanding its operations abroad, including Germany, Azerbaijan and Central and Eastern Europe.

Türkiye's Trade Minister Ömer Bolat has paid a visit to Saudi Arabia to hold high-level talks focusing on enhancing economic ties between Ankara and Riyadh.

Moscow, Riyadh and several other OPEC+ members on Sunday announced extensions to oil production cuts first announced in 2023 as part of an agreement among oil producers to boost prices following economic uncertainty.

Türkiye has appointed Sedat Önal as its new ambassador to Washington and Ahmet Yıldız as its permanent representative to the United Nations in New York, according to diplomatic sources.

Foreign Minister Hakan Fidan notified Önal and Yıldız of their new duties by phone, the sources informed.

President Recep Tayyip Erdoğan has appointed ambassadors to five countries, including regional heavyweight Saudi Arabia.

Turkish company Baykar has started building a drone factory near the Ukrainian capital of Kiev, says its CEO Haluk Bayraktar.

Baykar's TB2 or TB3 drone models will be produced at the plant, which will create jobs for 500 people, Bayraktar said, speaking at the World World Defense Show in Saudi Arabia's Riyadh.

Turkish defense company Baykar has started building a factory near Kyiv that will employ around 500 people and where it will manufacture either its TB2 or TB3 drone models, the company's chief executive told Reuters.

Some 63 Turkish companies attended the second edition of the World Defense Show that was held in Saudi Arabia's Riyadh between Feb. 4 and 8.

Türkiye was the second-largest country in terms of the number of companies present at the fair, said Haluk Görgün, the president of Defense Industries.

Israeli officials believe that the armed forces have killed or seriously wounded half of the fighters of the Islamist group Hamas, which the Jewish state has been at war with since the October 7 attack that killed 1,200 people.

The leadership's current assessment is that the end of the months-long offensive in the Gaza Strip will take months, not years, The Times of Israel reports.

U.S. Secretary of State Antony Blinken visited Egypt on Tuesday as part of his latest Middle East crisis tour, seeking a new ceasefire and "an enduring end" to the Israel-Hamas war.