Thursday, 17 September 2026Independent English edition
5 STORIES · 60 SECONDS

Today in Türkiye

The day’s essentials, explained clearly and without information overload.

  1. Turkey Compass graphic explaining AJet's 30 percent domestic-flight discount, booking deadline and blackout dates01
    AviationAJet opens a 30% domestic-flight sale: booking deadline and blackout dates

    Tickets must be bought by 23:59 on 15 September for eligible domestic travel from 5 October 2026 to 15 January 2027. Three holiday periods are excluded.

    Read · 6 min read
  2. Turkey Compass runway-layout graphic showing Istanbul Airport's fourth main runway opening on 18 September 202602
    Flights & TransportIstanbul Airport's fourth main runway is set to open on 18 September: what passengers should expect

    The airport's first east–west runway is scheduled to enter service on 18 September. It may improve operational flexibility, but no airline timetable change has been announced.

    Read · 7 min read
  3. Turkey Compass data graphic showing 323 suspects, 106 arrests and four categories in Türkiye's summer 2026 tourism-security operations03
    Travel & TourismTürkiye reports 106 arrests in summer tourism-security cases: what the figures show

    Authorities processed 323 suspects in 164 incidents and investigations across 16 provinces in June–August. The release does not identify the provinces or establish a destination risk ranking.

    Read · 7 min read
  4. Turkey Compass programme graphic for the 2026 Aspendos Opera and Ballet Festival04
    Travel & TourismAspendos festival opens tonight: the six-performance programme through 26 September

    Attila opens the 33rd International Aspendos Opera and Ballet Festival on 12 September. All six performances at the ancient theatre are scheduled for 21:00.

    Read · 6 min read
  5. Turkey Compass data graphic showing TRY39.028 million in real-estate fines and a separate TRY540.144 million combined consumer-contract category05
    Law & ResidenceTürkiye reports TRY 39m in real-estate fines and TRY 540m across consumer contracts

    The January–August enforcement balance covers property, prepaid housing, package tours and timeshares, but the largest figure is a combined category—not a penalty for one sector.

    Read · 7 min read
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Every report answers two questions: what happened, and why does it matter?

Turkey Compass chart of TCMB September 2026 survey expectations: 29.61% year-end inflation and 58.6049 USD/TRY in 12 monthsEditorial visual
Economy & Money

Türkiye market survey lifts 2026 inflation view to 29.61% and 12-month dollar forecast

The TCMB's September survey put the 12-month USD/TRY expectation at 58.6049 and next-meeting policy rate at 37%. These are responses from 67 participants, not central-bank targets.

Turkey Compass route graphic showing the existing Kapıkule crossing and the proposed Kapıkule North gate between Türkiye and BulgariaEditorial visual
Flights & Transport

Türkiye and Bulgaria plan a second Kapıkule border gate — but it is not open yet

Officials inspected a site north of the existing Kapıkule–Kapitan Andreevo crossing. No opening date, lane plan or eligible traffic has been announced.

Turkey Compass split chart showing Türkiye retail sales volume up 10.4% and total trade volume down 0.6% in July 2026Editorial visual
Business & Investment

Türkiye's retail sales grew 10.4% while total trade volume fell: how both can be true

TÜİK's July data show retail volume up 10.4% year on year, but total trade down 0.6%. Wholesale and vehicle trade explain the split.

Turkey Compass chart showing the TCMB policy rate at 37%, overnight lending at 40% and borrowing at 35.5% on 10 September 2026Editorial visual
Economy & Money

Türkiye’s central bank kept its policy rate at 37% as energy risks persisted

The TCMB also held its overnight lending rate at 40% and borrowing rate at 35.5%. The decision signals continued tight policy, not a guaranteed bank rate or lira path.

Turkey Compass route graphic showing AJet flights from Istanbul Sabiha Gökçen to Almaty and Astana starting in January 2027Editorial visual
Aviation

AJet sets January launch dates for Istanbul–Almaty and Istanbul–Astana flights

The carrier says both routes from Sabiha Gökçen will operate twice weekly from January 2027. Travellers should check SAW—not IST—when planning Istanbul connections.

Turkey Compass chart showing Türkiye's manufacturing export climate index rising from 52.2 in July to 52.7 in August 2026, a 27-month highEditorial visual
Business & Investment

Türkiye’s export climate reached a 27-month high as US and European demand improved

The manufacturing export climate index rose to 52.7 in August, its strongest reading since May 2024. The survey signal is positive, but it is not a growth rate or an earnings forecast.

Turkey Compass data graphic showing Türkiye enterprise e-sales, paid cloud, social-media use and reported cyber incidentsEditorial visual
Business & Investment

Türkiye’s business digital gap: e-sales grew, but paid-cloud use remained at 20.2%

TÜİK says 17.1% of enterprises made e-sales in 2025 and 20.2% used paid cloud services in 2026. Hospitality led e-sales while reporting relatively low cloud adoption.

Turkey Compass data graphic showing Türkiye industrial production down 0.3% annually and 1.0% monthly in July 2026Editorial visual
Business & Investment

Türkiye’s industrial output slipped in July: what investors should watch next

TÜİK says industrial production fell 1.0% from June and 0.3% from a year earlier. Manufacturing was slightly positive annually while mining and utilities contracted.

Turkey Compass explanatory graphic showing a 575-metre marine barrier and litter traps protecting Phaselis South Harbour in AntalyaEditorial visual
Travel & Tourism

Phaselis installs a 575-metre marine barrier to protect its historic bay

Antalya authorities say marine barriers and litter traps are now operating at Phaselis South Harbour. The notice reports environmental protection, not a beach closure or swimming ban.

Turkey Compass data graphic showing 167.55 million passengers at Türkiye airports in January to August 2026 and tourism-airport totalsEditorial visual
Aviation

Türkiye's airports handled 167.55 million passengers in eight months

Official August data show international traffic at 95.86 million and strong volumes at Istanbul and Mediterranean gateways. The totals measure journeys, not guaranteed routes or seats.

Turkey Compass chart showing Türkiye construction costs up 28.33% annually in July 2026, with labour rising faster than materialsEditorial visual
Real Estate

Türkiye's construction costs rose 28.33% — what the index means for property buyers

TÜİK's July index rose 1.15% in a month and 28.33% in a year. Labour costs outpaced materials, but the national input index is not a house-price forecast.

Turkey Compass travel graphic showing that the UK air-traffic fault is fixed but passengers should still check individual flight statusEditorial visual
Flights & Transport

Türkiye–UK passengers told to check flights after UK air-traffic system failure

NATS says the 8 September technical fault is fixed and operations are normal, but Turkish Airlines warns that some UK arrivals and departures may still be delayed or cancelled while the backlog clears.

Turkey Compass explanatory graphic showing the 31 December 2027 Yarısı Bizden deadline and the three-part support for one Istanbul homeEditorial visual
Real Estate

Istanbul's Yarısı Bizden renewal support extended to 31 December 2027

The deadline has moved by one year. The published support still combines a grant, loan and relocation payment; it is not a cash award or an automatic approval for every owner.

Turkey Compass chart comparing Türkiye's August 2026 real returns: gold led monthly, deposits led over six months and gold led annuallyEditorial visual
Economy & Money

Gold led Türkiye's August real returns — but the six-month result was negative

TÜİK calculated a 7.93% monthly CPI-adjusted return for bullion gold, while deposits led over six months. The ranking changes sharply with the period and inflation measure.

Turkey Compass chart showing 65.9 million museum and heritage-site visits in Türkiye in 2025 and the leading citiesEditorial visual
Travel & Tourism

Türkiye recorded 65.9m museum and heritage-site visits in 2025 — what travellers should infer

Visits rose 6.8% and Istanbul alone recorded 18.3 million. The annual figures map cultural demand, but they are not a live crowd forecast or a count of unique tourists.

Guide to Istanbul TOKİ rental applications showing 1,071 homes, 14–25 September dates and key eligibility rulesEditorial visual
Real Estate

Istanbul TOKİ rental applications open: foreigners are not eligible

Applications for 1,071 homes run through e-Devlet until 25 September. Turkish citizenship is required; VAT-inclusive monthly charges range from TL10,000 to TL20,000.

Turkey Compass diagram of KOSGEB's ₺30–75 million competitiveness finance, deadline and eligibility routesEditorial visual
Business & Investment

KOSGEB opens ₺30–75m competitiveness finance: who can actually apply

Applications run from 7 to 30 September 2026, but an active Turkish company is only the starting condition. Applicants must also satisfy one of four export, R&D, technology or Turcorn routes.

Turkey Compass status graphic showing the Ankara Gölbaşı wildfire extinguished after local evacuations and access controlsEditorial visual
Life in Türkiye

Ankara Gölbaşı wildfire extinguished after local evacuations and access closures

Crews extinguished the Taşpınar fire. Earlier evacuations and access closures concerned the response area; no Ankara-wide disruption was reported.

Turkey Compass chart of Türkiye's 2027–2029 programme growth and year-end inflation targetsEditorial visual
Economy & Money

Türkiye's 2027–2029 programme targets 4.2% growth next year and single-digit inflation by 2029

The new government framework estimates 2026 inflation at 28.4% and growth at 3.3%, then sets a 9% inflation objective for 2029. These are programme assumptions, not guaranteed outcomes.

Turkey Compass fact-check graphic separating Istanbul tender 2026/768011 from claims of an automatic mass demolitionEditorial visual
Real Estate

Fact-check: Istanbul's Bosphorus demolition tender is real, but it is not a blanket order to raze 4,141 homes

Official tender 2026/768011 is scheduled for 22 September. The public notice confirms demolition and debris-removal work, but headlines about 4,141 properties should not be read as a same-day or whole-building demolition order for every address.

Turkey Compass diagram showing a Central Bank export rediscount credit reaching Eximbank and other banksEditorial visual
Economy & Money

Türkiye broadens export rediscount credit tax-relief wording beyond Eximbank

Decision No. 11723 and Communiqué 2026/3 add ‘other banks’ to the framework for tax, duty and fee exemptions tied to Central Bank rediscount credits. Ordinary commercial loans are not automatically covered.

Turkey Compass diagram explaining the 10 percent withholding route for specified corporate money-market fund gainsEditorial visual
Economy & Money

Türkiye sets 10% withholding on specified corporate money-market fund gains

Decision No. 11734 targets specified corporate money-market fund gains and separately sets 10% for other taxpayers' gains outside sub-item (1). Product and taxpayer classification matter.

Turkey Compass diagram showing a property listing platform sending monthly identity and listing data to the tax authorityEditorial visual
Real Estate

Türkiye expands monthly tax reporting for online property and rental listings

Platforms and social networks that carry sales or rental listings must report identifying and listing data monthly. The 5 September rule does not itself create a new tax or a monthly filing duty for every advertiser.

Turkey Compass chart comparing 4 September 2026 diesel prices in Istanbul, Ankara and IzmirEditorial visual
Life in Türkiye

Diesel passed TRY90 in Ankara and İzmir: what Türkiye's 4 September fuel jump changes

Recommended pump prices rose by roughly TRY7.7–7.8 per litre for diesel and about TRY2.5 for petrol. A 50-litre diesel fill now costs around TRY4,500 in Ankara and İzmir.

Turkey Compass chart showing TRY169bn of Turkish R&D tax incentives and the distribution between SMEs and large enterprises in 2025Editorial visual
Business & Investment

Türkiye's R&D tax incentives reached TRY169bn, but large companies received most of the value

Indirect R&D incentives rose 59.5% in 2025. SMEs were 89.5% of beneficiary enterprises, yet large businesses received 61.8% of the total amount.

Turkey Compass data graphic showing Türkiye's $124.9bn services exports, $61.9bn imports and 48.1% travel share in 2025Editorial visual
Business & Investment

Türkiye's services exports reached $124.9bn in 2025 as digital sales accelerated

Services exports rose 6.5%, led by travel and transport, while telecommunications, computer and information services grew 25.3%. The country recorded a $63.0bn services surplus.

Turkey Compass illustration of an NFC passport connecting to a Turkish payment wallet after remote identity verificationEditorial visual
Law & Residence

Foreigners can now complete remote ID checks with Turkish payment and e-money providers

A new Central Bank rule permits remote identification with an ICAO 9303 NFC passport. It applies to payment and electronic-money providers, not automatically to bank accounts.

Turkey Compass graphic showing the Samsun Çarşamba Airport terminal capacity target and planned infrastructureEditorial visual
Flights & Transport

Samsun airport starts new terminal project with a 3-million-passenger capacity target

Construction has formally started on a 29,120-square-metre terminal at Samsun Çarşamba Airport. The project expands infrastructure but does not itself announce new routes or an opening date.

Turkey Compass schedule graphic with September 2026 closing times for Knidos, Sagalassos and KibyraEditorial visual
Travel & Tourism

September hours changed at Knidos, Sagalassos and Kibyra — one date needs checking

Knidos now has three staged closing times, while Sagalassos and Kibyra are listed from 09:00 to 19:00 in September. The official wording overlaps on 15 September.

Turkey Compass chart showing Türkiye's August 2026 exports of $23.467bn, imports of $28.706bn and calculated goods gap of $5.239bnEditorial visual
Economy & Money

Türkiye's August imports grew faster than exports, leaving a $5.24bn goods gap

Exports rose 8.1% to $23.467bn and imports 10.5% to $28.706bn. Germany was the top export market, while intermediate goods drove most trade.

Turkey Compass chart showing Türkiye producer prices up 27.95% annually, 2.57% monthly and energy up 6.99% in August 2026Editorial visual
Business & Investment

Türkiye producer prices rose 2.57% in August as energy costs accelerated

Domestic producer inflation reached 27.95% annually. The monthly pace strengthened from July, led by a 6.99% rise in the energy main industry group, but the index is not a retail-price forecast.

Turkey Compass data graphic showing August 2026 CPI at 31.51% annually, 1.84% monthly and the 31.79% 12-month averageEditorial visual
Economy & Money

Türkiye inflation eased to 31.51% in August; September rent cap is 31.79%

Annual CPI slowed, but prices still rose 1.84% in August. Transport was the strongest monthly pressure, while the 12-month average sets September's standard rent-renewal ceiling.

Language-neutral Turkey Compass graphic showing an NFC passport, video identity check, address verification and SWIFT transfer controlsEditorial visual
Business & Investment

Türkiye opens remote investment-account ID checks to foreigners — with NFC passport and SWIFT limits

Foreign nationals may now be verified remotely by Turkish brokers, portfolio managers and crypto providers. The route requires a chip passport and sharply restricts transfers.

Turkey Compass chart showing earthquake-zone housing supply rising from 201,000 to about 434,000 homes as rental inflation slowsEditorial visual
Real Estate

CBRT researchers link Türkiye's housing-supply rebound to slower rent inflation

A 2 September analysis connects the delivery of about 434,000 earthquake-zone homes and a rise in occupancy permits with easing rent pressure, including spillovers beyond the region.

Turkey Compass diagram showing the four cumulative conditions for Türkiye's 2026 tourism-facility title-deed exceptionEditorial visual
Real Estate

Türkiye creates a narrow title-deed exception for certain pre-2019 tourism facilities

Decision 11706 removes one tourism-certificate restriction only where the planning date, commercial-use status, operating certificate and ownership conditions all match.

Editorial chart comparing Türkiye's published seasonally adjusted unemployment headlines for June and July 2026Editorial visual
Life in Türkiye

Türkiye's unemployment rate is 8.1% in July: what the figure does — and does not — say

TÜİK's new monthly headline is higher than the 7.6% reported for June, but it is not a direct measure of vacancies, foreign-worker demand or formal employment.

Turkey Compass chart showing Türkiye's 2.3% year-on-year GDP growth in Q2 2026 and 3.7% annual growth in 2025Editorial visual
Economy & Money

Türkiye's economy grew 2.3% in Q2 2026 — what the headline tells investors

TÜİK's first estimate shows real GDP was 2.3% higher than a year earlier; a separate annual release puts full-year 2025 growth at 3.7%.

Turkey Compass schedule graphic showing Alanya Castle closing at 21:00 through 31 August and 19:30 from 1 SeptemberEditorial visual
Travel & Tourism

Alanya Castle will close at 19:30 from 1 September — other Antalya sites keep late hours

The official closing time moves from 21:00 to 19:30 at Alanya Castle, while several other Antalya heritage sites retain listed evening hours through 1 October.

Turkey Compass graphic showing Türkiye's 31 August tax-debt instalment deadline, 39% to 29% interest and possible 12 to 72 instalmentsEditorial visual
Economy & Money

Türkiye's 29% tax-debt instalment deadline is today — who can still apply

Eligible debts can be deferred at 29% annual interest instead of 39%, but applications close on 31 August and the scheme is not a tax amnesty.

Turkey Compass route diagram showing FILOJET travelling from Girne toward Taşucu, the incident four nautical miles offshore and 267 people aboardEditorial visual
Flights & Transport

Body recovered in FILOJET search; identity confirmation pending

A man's body believed to be around 50 years old was recovered on 2 September and taken to hospital for identification. Officials have not yet issued a centrally reconciled casualty balance.

Original Turkey Compass diagram showing the Çeşme plan display from 28 August to 11 September 2026 and the parcel-check workflowEditorial visual
Real Estate

Çeşme reserve-area plans open a public objection window until 11 September

Official 1:5,000 and 1:1,000 plans covering parts of Altınkum, Çiftlik and Musalla are on public display. Approval does not by itself mean construction has started or every parcel has changed status.

Original Turkey Compass chart separating HubX's up-to-$75-million funding from its $1.275-billion private valuationEditorial visual
Business & Investment

Türkiye gets its first mobile-app unicorn as HubX reaches a $1.275bn valuation

The İzmir-founded technology company raised up to $75 million from Point72 Private Investments. The private valuation is a signal for Türkiye's software exports, not a listed investment opportunity.

Original Turkey Compass chart showing Türkiye's first-, second- and third-child birth-support payment levels and the eligibility gateEditorial visual
Life in Türkiye

Türkiye deposits August birth-support payments — foreign-born parents are not automatically excluded

The ministry says August payments have reached eligible mothers. A mixed-nationality family may qualify through a Turkish parent and Turkish child, but residence and application rules still apply.

Original Turkey Compass chart showing Türkiye's 2% and 4% off-exchange share-sale thresholds and SPK approval stepEditorial visual
Business & Investment

Türkiye sets 2% and 4% limits for certain off-exchange share sales — what investors should know

SPK now requires prior approval when specified shareholders exceed a rolling 12-month off-exchange sale limit. The threshold depends on whether a company's free float is above 50%.

Original Turkey Compass diagram separating Türkiye's medicine-pricing rule, commission decision and final pharmacy priceEditorial visual
Life in Türkiye

Türkiye rewrites medicine-pricing rules — but 29 August is not a blanket pharmacy price rise

A new communiqué sets the reference-country, euro-conversion and application rules used to price medicines. It does not publish a new euro value or order every pharmacy product to rise immediately.

Original Turkey Compass flow graphic showing an accommodation listing passing through document verification to either publication or complete removalEditorial visual
Travel & Tourism

Türkiye tells booking platforms to remove unlicensed stays completely and connect to verification system

A Tourism Ministry circular says blocked unlicensed listings cannot remain visible as non-bookable pages or return through another account. Platforms and travel agencies must integrate the official verification system urgently.

Original Turkey Compass fact-check graphic separating an electricity price-hike rumor from the official 28 August statementEditorial visual
Economy & Money

Fact check: Türkiye says no current plan for a very large electricity price increase

An official 28 August bulletin rejects claims of an imminent, very high electricity tariff increase — but does not promise that prices can never change.

Turkey Compass graphic showing Istanbul Black Sea swimming restrictions and Türkiye marine conditions for 9 to 11 September 2026Editorial visual
Flights & Transport

Istanbul Black Sea beaches face swimming restrictions on 9–10 September

Beykoz, Sarıyer and Şile have location-specific swimming restrictions through Thursday as MGM forecasts strong winds and high waves; Saray in Tekirdağ has a separate two-day ban.

Turkey Compass guide to the 7–11 September 2026 school adaptation week and three-hour public-sector parental leaveEditorial visual
Living in Türkiye

Türkiye gives one public-sector parent limited leave for school adaptation week

For preschool, first-grade and fifth-grade pupils, one parent employed by the public sector may request up to three hours of administrative leave per day during 7–11 September.

Turkey Compass comparison of Treasury interest discounts for Turkish artisan loans when tax or SGK debt existsEditorial visual
Business & Investment

Türkiye opens a narrower subsidised-loan route for artisans with tax or SGK debt

Eligible artisans are no longer excluded solely because of unresolved public debt, but they receive lower Treasury interest discounts and still need bank approval.

Turkey Compass chart comparing Türkiye's July 2026 exports, imports, trade deficit and export-to-import coverage ratioEditorial visual
Economy & Money

Türkiye's July trade gap widens 13.6% as imports outpace exports

Exports reached a July record, but imports grew faster and the goods deficit rose to $7.343 billion; the seasonally adjusted monthly picture was less negative.

Turkey Compass diagram of Türkiye's employment-retention support test, TRY 3,500 performance formula and supported-loan routeEditorial visual
Business & Investment

Türkiye rewrites employment-retention support rules; no new application date yet

A 28 August regulation changes payroll tests, sector support and credit calculations, but it does not itself reopen applications for Turkish manufacturers.

Turkey Compass infographic showing formal ratification, the 2 GW first phase in Sivas and Karaman, and the separate 3 GW future phaseEditorial visual
Business & Investment

Türkiye ratifies Saudi renewable-energy deal: what changed on 28 August

The formal approval covers a previously signed programme led by 2 GW of solar projects in Sivas and Karaman; it is not a new overnight investment announcement.

Original Turkey Compass decision chart showing routine biometric attendance as non-compliant, critical access as conditional and cards or PINs as alternativesEditorial visual
Law & Residence

Türkiye clarifies workplace biometrics: employee consent does not make fingerprint timekeeping proportionate

KVKK says coded fingerprint or palm templates remain biometric data. Critical-security access may require a separate, narrowly tailored assessment.

Original Turkey Compass graphic showing Türkiye's 28 August rain and marine-storm areas with a Giresun all-beaches-closed updateEditorial visual
Flights & Transport

Türkiye weather warning for 28 August: Giresun closes all beaches as rain and marine storms approach

Giresun has banned swimming at every beach on Friday. A separate Istanbul rain warning ended at 07:00; ten provinces remain in the wider rain alert.

Original Turkey Compass chart comparing Türkiye central-bank total, gold and foreign-currency reserves for the week ending 21 August 2026Editorial visual
Economy & Money

Türkiye’s reserves rose to $188.4bn — but the weekly gain came from gold, not foreign currency

TCMB’s total gross reserves increased by $4.95bn in the week to 21 August. Gold rose by $5.89bn while gross FX reserves fell by $0.94bn.

Original Turkey Compass infographic showing Türkiye's sunflower-seed import tariff falling from 20% to 12% on 1 October 2026Editorial visual
Economy & Money

Türkiye will cut the sunflower-seed import tariff earlier — but cooking oil prices are not guaranteed to fall

The 12% tariff will apply from 1 October instead of 30 November in 2026, a supply measure aimed at processors rather than a fixed retail-price reduction.

Original Turkey Compass infographic showing 4.02 million active enterprises, 20.1 million jobs and key sector shares in Türkiye in 2025Editorial visual
Business & Investment

Türkiye counted 4.02 million active enterprises in 2025 — what the structure tells investors

Preliminary TÜİK data show services and trade dominate business numbers, while industry carries a larger employment and production role than its enterprise share suggests.

Original Turkey Compass infographic explaining Türkiye's 2026 emissions trading thresholds, permits, reporting and pending market parametersEditorial visual
Business & Investment

Türkiye has set the rules for its carbon market — but no allowance price yet

The new emissions-trading regulation defines permits, reporting and market architecture for large installations while leaving the pilot timetable and price to later decisions.

Original Turkey Compass city comparison graphic for 30 August transport rules in Istanbul, Ankara and IzmirEditorial visual
Flights & Transport

Free transport on 30 August: Istanbul, Ankara and Izmir have different rules

Istanbul requires a personalised Istanbulkart; EGO services are free in Ankara from 06:00 to 24:00; most Izmir municipal transport is half-price while İZBAN is free.

Original Turkey Compass architectural illustration of Side's 390-metre ancient avenue and Heracles GateEditorial visual
Travel & Tourism

Side reveals a 390-metre ancient avenue and the reliefs of Heracles Gate

Excavation of the monumental route is complete, exposing three gateways and evidence of how the city changed between the Roman and Late Antique periods.

Turkey Compass chart comparing the five largest exporting provinces in Türkiye and the five biggest annual gains in July 2026Editorial visual
Business & Investment

Türkiye’s July exports reached a record $25.6bn as three provinces drove most of the gain

Mersin, İzmir and Antalya generated 64.3% of the annual increase, while Istanbul remained the largest exporting province by value.

Turkey Compass verification flow showing an unofficial card offer being checked against Türkiye's official e-Residence system and reported if suspiciousEditorial visual
Law & Residence

Türkiye warns foreigners about people promising residence and citizenship cards

A provincial migration office says illegal offers should be rejected and reported; the notice does not create a new application route or change eligibility rules.

Turkey Compass explanatory graphic showing the 21 August decisions and 26 August publication of the Payco and Junomoney licence revocationsEditorial visual
Economy & Money

Türkiye revokes Payco and Junomoney e-money licences: what is confirmed

The CBRT decisions end both companies' authorisation, but the published texts do not set out a customer refund timetable or migration plan.

Turkey Compass timeline graphic for Türkiye's new small-hotel standards effective 1 November 2026Editorial visual
Travel & Tourism

Türkiye sets 1 November deadline for new safety standards at small hotels

New rules cover reception desks, first aid, pool safety, room equipment and the transfer of simple-accommodation operating certificates.

Turkey Compass data graphic comparing August 2026 confidence and forward expectations in Türkiye's services, retail and construction sectorsEditorial visual
Business & Investment

Türkiye's construction confidence fell to 83.1, but hiring expectations improved

Confidence eased in services, retail and construction in August, yet forward-looking demand, sales and employment measures moved higher.

Turkey Compass data graphic comparing Türkiye's old and new FAST transaction limitsEditorial visual
Economy & Money

Türkiye triples the FAST transfer limit to TRY 300,000 from 26 August

The central bank is raising the per-transaction FAST limit from TRY 100,000 to TRY 300,000, while QR merchant payments will rise from TRY 250,000.

Turkey Compass data graphic showing 42 estate agencies, 40 vehicle dealers and TRY 8.2 million in EİDS penaltiesEditorial visual
Real Estate

Türkiye fines 42 estate agencies over social-media listings: what EİDS requires

The Trade Ministry imposed TRY 8.2 million in total penalties on 82 property and vehicle businesses and said non-compliant Meta accounts will be blocked.

Late-summer cultural festival beside Ordu's green Black Sea coastEditorial visual
Tourism

Ordu Culture Route Festival opens for nine days on Türkiye's Black Sea coast

The official 2026 programme runs from 22 to 30 August across Ordu, adding concerts, exhibitions, talks, workshops and family events to a late-summer Black Sea trip.

Editorial view of Alanya with modern natural-gas regulation and distribution infrastructureEditorial visual
Cities of Türkiye

Alanya gas infrastructure advances, but household connections are not immediate

A new decision authorises urgent expropriation for an RMS-A station and distribution facilities across 18 properties in three Alanya neighbourhoods.

Turkey Compass chart showing Türkiye labour cost, construction employment, hours and wage index changes in Q2 2026Editorial visual
Economy & Money

Türkiye labour costs rose 34% as construction hours accelerated

TÜİK's second-quarter indices show rising employer costs and a construction sector adding workers and hours, while industrial employment continued to contract.

Turkey Compass chart comparing Türkiye building permits and occupancy approvals in the second quarter of 2026Editorial visual
Real Estate

Türkiye housing pipeline cools: permitted dwellings fell 9.5% in Q2

TÜİK reported fewer new permits but more completed homes: permitted dwellings fell 9.5% year on year while occupancy-approved dwellings rose 10.7%.

Turkey Compass map-style data graphic showing Türkiye's first marine national parks in Fethiye–Kaş and the Northern AegeanEditorial visual
Travel & Tourism

Türkiye creates its first marine national parks across 2.34 million hectares

Fethiye–Kaş and the Northern Aegean now have national-park status. The designation is final, but detailed visitor and boating rules must still be checked locally.

Turkey Compass data chart showing Türkiye farm input prices down 0.92% monthly but up 32.06% annually in June 2026Editorial visual
Economy & Money

Türkiye's farm input prices fell 0.92% in June, but annual pressure remained high

A monthly decline interrupted the recent rise, yet agricultural inputs still cost 32.06% more than a year earlier and fertiliser remained the main annual pressure point.

Turkey Compass chart comparing Türkiye's monthly and annual foreign producer price changes in June and July 2026Editorial visual
Economy & Money

Türkiye's export producer prices jumped 2.51% in July despite slower annual inflation

The monthly rise accelerated from 0.46% in June, while the annual rate eased from 30.33% to 29.67% — a split signal for exporters, buyers and investors.

Editorial chart of Türkiye's second-quarter 2026 labour market, showing unemployment, employment growth and sector job changesEditorial visual
Economy & Money

Türkiye unemployment fell to 7.9%, but industry shed 121,000 jobs

Second-quarter employment rose by 155,000 as services added 240,000 jobs, while broad labour underutilisation remained high at 29.9%.

Modern retail property and office towers representing Türkiye's commercial property marketEditorial visual
Real Estate

Türkiye commercial property prices rose 29.4% — but fell in real terms

CBRT data for the second quarter show a 5.5% quarterly increase and a 29.4% annual nominal rise, while inflation-adjusted commercial property prices declined 2.2%.

Industrial and portable batteries prepared for EU product labellingEditorial visual
Business & Investment

EU battery labels: the 18 August date is not the whole compliance deadline

Turkish exporters should prepare product data and capacity labels, but EU law ties the start date to a later implementing act as well as 18 August 2026.

Turkey Compass chart showing Türkiye's July 2026 vehicle registrations and new-car fuel mixEditorial visual
Life in Türkiye

Türkiye registered 207,508 vehicles in July as electrified cars gained ground

Monthly registrations rose 6.6%, but remained 19.4% below July 2025; hybrids and electric cars made up nearly half of new car registrations in January–July.

Agricultural produce and a fact-check of Türkiye's producer price indexEditorial visual
Life in Türkiye

Fact-check: an 18.81% rise in farm-gate prices does not mean the same increase in shops

TÜİK reported higher agricultural producer prices in July, but the index cannot be applied directly to a consumer's grocery basket.

Employees and annual growth in paid employment in TürkiyeEditorial visual
Life in Türkiye

Paid employment in Türkiye increased by 2.5% year on year

TÜİK's June data show growth in registered paid employment, but the figure is not the unemployment rate.

Passenger aircraft and Türkiye airport traffic figures for seven monthsEditorial visual
Flights & Transport

Türkiye's airports handled 138.8 million passengers in seven months

Passenger traffic rose 2.6% year on year; almost 26.8 million people passed through the country's airports in July alone.

Bank deposit documents and a real-return chart in TürkiyeEditorial visual
Economy & Money

Bank deposits delivered the best monthly real return in July

TÜİK calculated a 1.29% real monthly return on gross deposit interest after adjustment for consumer inflation.

A smartphone showing mandatory advertising disclosure on social mediaEditorial visual
Law & Residence

Türkiye tightens disclosure rules for advertising on social media

Advertising, paid partnerships and sponsored influencer content must be identified clearly and prominently from 1 August.

Türkiye's coastline with tourism revenue figuresEditorial visual
Travel & Tourism

Türkiye's tourism revenue reached $15.9 billion in the second quarter

Revenue fell 2.6% year on year, visitor numbers declined 5.1%, and average spending per night was $113.

Comparison of new-build and resale housing transactions in TürkiyeEditorial visual
Real Estate

Türkiye recorded 42,529 new-build and 81,074 resale home transactions in July

Resales accounted for almost two-thirds of registered housing transactions, with 123,603 sales across the two segments.

Construction site and Türkiye's June construction output figuresEditorial visual
Business & Investment

Türkiye's construction output fell 6% year on year in June

The TÜİK index measures the physical volume of construction activity, not house prices or the number of completed sales.

Analytical overview of market expectations for inflation, lira exchange rate and interest rate in TürkiyeEditorial visual
Economy & Money

Market participants expect inflation of 29.43% by the end of 2026

The new TCMB survey also shows an expectation of 48.19 lira per dollar by the end of the year and a rate of 35.25%.

Türkiye Central Bank building and inflation graphEditorial visual
Economy & Money

The Turkish Central Bank raised its inflation forecast for the end of 2026 to 28%

TCMB's new forecast is two points higher than its May estimate; the target for the end of 2027 is left at 15%.

Building materials, drawings and cost calculatorEditorial visual
Real Estate

Construction spending in Türkiye increased by 29.84% over the year

In May, materials rose in price by 28.62%, and labor by 32%; for buildings, the overall annual cost increase was 28.56%.

Work on a large construction site in TürkiyeEditorial visual
Business & Investment

Construction production decreased by 3%: how to read a signal to an investor

In May, building work fell 4.5% year over year, while infrastructure construction rose 6.2%.

International business visitors at the Istanbul Financial CenterEditorial visual
Law & Residence

A single office for foreign investors and employees opened in Istanbul

The Istanbul Finance Center has combined the procedures for residence permit, work permit, address registration and biometrics - but the service is not available to all foreigners.

Turkish Riviera Beach with Blue FlagEditorial visual
Travel & Tourism

There are 580 Blue Flag beaches in Türkiye: Antalya is in the lead

Türkiye ranks third in the world; 232 beaches are marked in Antalya, 113 in Mugla, 60 in Izmir.

Passenger plane over Türkiye airportEditorial visual
Flights & Transport

Türkiye's air network covers 133 countries and 356 destinations

After 91 international negotiations, carriers received 22 new points and 1,071 additional flight frequencies.

Protection from heat and sun in Türkiye's summer cityEditorial visual
Life in Türkiye

Heat in Türkiye: Ministry of Health advises to avoid the street from 11:00 to 16:00

Special caution is needed for the elderly, children, pregnant women, people with chronic diseases and those who work outdoors.

Comparison of inflation indicators on analytical chartsEditorial visual
Economy & Money

Fact check: why 28% and 24% of the Turkish Central Bank do not contradict each other

In the report, 28% is the central inflation forecast for the end of 2026, and 24% is the retained interim monetary policy target.

Foreign buyers inspect an apartment in TürkiyeEditorial visual
Real Estate

Russians again lead among foreign home buyers in Türkiye

In June, 2,015 properties were sold to foreigners, and Russian citizens took first place with 381 purchases.

Handing over keys to a home buyer under a mortgage transactionEditorial visual
Business & Investment

Mortgage home sales in Türkiye increased by 72.1%: what is behind the figure

In June, 25,993 mortgage transactions were registered, but the six-month picture of the market requires a more cautious assessment.

Russian tourists on holiday by the sea in TürkiyeEditorial visual
Travel & Tourism

Russia retains key role in Turkish tourism in 2026

Türkiye received 9.219 million visitors in the first quarter, with Russia becoming the second largest market after Germany.

Documents and calculation of expenses for a residence permitEditorial visual
Law & Residence

Fact check: did Türkiye increase the state duty for a residence permit in 2026?

The Migration Service has officially denied reports of an additional increase in fees for residence permits.

Presentation of the economic report of the Central Bank of TürkiyeEditorial visual
Economy & Money

Today the Central Bank of Türkiye presents a new inflation forecast

On August 13, Enflasyon Raporu 2026-III is released - a key benchmark for rates, exchange rates, loans and the housing market.

Passengers at a modern international airport in TürkiyeEditorial visual
Flights & Transport

Turkish airports served almost 112 million passengers in six months

Istanbul airports received 63.45 million passengers and confirmed their role as the country's main aviation hub.

Groceries, bills and daily expenses in TürkiyeEditorial visual
Life in Türkiye

Life in Türkiye is becoming more expensive unevenly: housing and utilities are growing faster than inflation

With overall annual inflation of 32.11%, costs for housing, water, electricity and gas increased by 45.14%.

Shoppers on a busy shopping street in TürkiyeEditorial visual
Business & Investment

Checking the numbers: consumer confidence has increased, but there is still no optimism

The consumer confidence index rose to 89.8, but a reading below 100 still indicates a cautious mood.

Airplane and map of new international routes to TürkiyeEditorial visual
Travel & Tourism

How new air routes are changing Türkiye's tourism map

We explain which regions receive a longer season and new audiences.

Turkish lira next to normal everyday purchasesEditorial visual
Economy & Money

What do exchange rates mean for a foreigner living or investing in Türkiye?

Prices, expenses and decisions without panic: separating daily fluctuations from long-term factors.

Comparison of a new residential complex and a house on the secondary marketEditorial visual
Real Estate

Primary and secondary market: where it is easier for the buyer to check the real price

We compare documents, terms, expenses after purchase and the possibility of future sale.

Checking official documents before moving to TürkiyeEditorial visual
Law & Residence

What official sources should you check before making a deal or moving?

Resmî Gazete, public services and registers - a short navigator without rumors.

Suitcases, calculator and expenses for the first month after movingEditorial visual
Life in Türkiye

How much does the first month of life in Türkiye cost: an honest cost structure

Housing, communications, insurance, transportation and household expenses for a new resident.

Year-round destinations in Türkiye in different seasonsEditorial visual
Travel & Tourism

Not only summer: which destinations in Türkiye work all year round

Cities, medicine, gastronomy, sports and business travel expand the tourist season.

Airport, highway and transport accessibility of the regionEditorial visual
Flights & Transport

How to evaluate the accessibility of a region based on airport schedules

Flight frequency, seasonality and connections say more about a destination than just one new route.

Comparison of Istanbul, Antalya and Izmir for permanent livingEditorial visual
Cities of Türkiye

How to compare Turkish cities for living, not for a week's vacation

Climate, medicine, schools, transport and seasonal load - a unified system for choosing a city.

Documents and calculations for opening a company in TürkiyeEditorial visual
Business & Investment

Opening a business in Türkiye: what to check before registering a company

Market, permits, taxes, bank and operating expenses before the first signature.

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