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Foreign fund inflows may start before elections: Banker

Foreign fund inflows to Türkiye are likely to gather momentum not after but before the local elections, says Hakan Aran, the general manager of İşbank, one of Türkiye's largest private banks.

The consensus is that foreign investors' interest in Türkiye usually increases before elections, he said.

Finance Minister Şimşek embarks on Gulf tour

Treasury and Finance Minister Mehmet Şimşek has embarked on a new tour of Gulf countries, including the United Arab Emirates (UAE), Qatar and Saudi Arabia, in a drive to attract foreign investments.

Şimşek visited the Gulf nations earlier this year after he took the helm at the Turkish economy again following the May elections.

Turkish Airlines’ orders for A350-900 reach 40 aircraft

Türkiye's national flag carrier, Turkish Airlines, has announced a new order for 10 additional A350-900 aircraft, taking its total for the type to 40, plane maker Airbus has announced.

This latest agreement is in addition to one announced in August for four A350-900s, the company said in a statement, noting that the carrier already operates a fleet of 14 A350-900s.