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The Iranian Health Ministry said at least 18 people were killed and 142 others injured in U.S. airstrikes carried out between 30 August 30 and 2 Se...
Turkish President Recep Tayyip Erdoğan has said Türkiye aims to rank among the world’s top ten exporters of defence technology within the next two years.
“The main objective for the defence industry in the coming period is to produce high-tech products faster, more effectively and in higher quantities,” he said in remarks cited by local media.
Erdoğan was speaking at a Tuesday inauguration ceremony in Ankara for a new missile production facility operated by Roketsan, a leading Turkish defence firm.
By 2028, he said, Türkiye hopes to achieve $11 billion in annual defence technology exports.
Turkish defence and aerospace exports have increased dramatically in recent years, driven largely by increased investment in the domestic technology sector.
Erdoğan noted that defence technology exports had surged from $248 million in 2002 to more than $10 billion last year.
In the first quarter of 2026, he said, defence exports rose by 12 per cent year on year, surpassing the $1.9 billion mark.
Over the past decade, Türkiye has emerged as a leading exporter of advanced defence systems, including unmanned aerial vehicles, naval platforms and electronic warfare technologies.
Turkish-built drones, especially the Bayraktar TB2, garnered global attention in 2020 when they played a significant role in Azerbaijan’s military victory over Armenia in the Nagorno-Karabakh region.
Speaking at the inauguration ceremony, Roketsan CEO Murat İkinci announced a $3 billion infrastructure expansion plan aimed at boosting domestic missile production and enhancing Türkiye’s space launch capabilities.
According to İkinci, the company recently completed the first $1 billion phase of the project, which includes a $450 million fuel production facility in the central city of Kırıkkale.
The CEO added that Roketsan also plans to establish a new research and development centre to be staffed by more than 1,000 workers.
Once completed, he said, the new R&D centre is set to become one of the world’s largest warhead manufacturing facilities.
The U.S. has launched a fresh wave of strikes on Iran, targeting Islamic Revolutionary Guard Corps (IRGC) sites as Tehran retaliated against U.S. positions across the region, while Iranian officials said at least five people were killed and dozens wounded at a wedding near Sirik.
Russian President Vladimir Putin has said that he thinks there is a chance of a peace being reached with Ukraine. He told the Eastern Economic Forum in Vladivostok, Russia that he believed there was "a chance of finding a solution," to the conflict.
The European Union's foreign policy chief Kaia Kallas says the bloc will tighten enforcement of sanctions against Russia over its war in Ukraine. EU foreign ministers were meeting in Ireland following renewed Russian strikes on cities across Ukraine.
The Iranian Health Ministry said at least 18 people were killed and 142 others injured in U.S. airstrikes carried out between 30 August 30 and 2 September.
From mounting concerns over record global debt levels to growing tensions over China's trade surplus and Russia's return to the negotiating table, this year's G20 finance meeting in Asheville, North Carolina, highlighted the challenges confronting the global economy.
The Iranian Army has again struck at U.S. bases in Kuwait and the United Arab Emirates in retaliation for U.S. attacks on southern and western parts of Iran late on Tuesday, which reportedly killed 18 people and injured more than 100 others.
Georgia's economy grew by eight per cent in July, and if you're wondering what's behind the surge, the answer is the same one that's been doing the heavy lifting all year: oil.
Russia’s Rosatom and Kazakhstan Nuclear Power Plants have signed a contract to build two units at the Balkhash nuclear power plant, with a combined capacity of 2.4 gigawatts.
The Higher Presidential Committee for Church Affairs in Palestine has called on churches around the world to intervene after teachers and school staff from the West Bank were prevented from reaching Christian schools in Jerusalem.
Israel is ready to move Palestinians from Gaza as soon as the U.S. approves, the country’s Defence Minister Israel Katz has said. He told a conference hosted by Israeli newspaper Yedioth Ahronoth on Wednesday that there was “no real solution” for Gaza without migration.
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