Kyrgyzstan faces fuel pressure as Russian supplies decline
Kyrgyzstan is facing fuel supply challenges after shipments of petroleum products from Russia and Belarus fell sharply in July, pushing prices higher ...
In the first half of 2025, Türkiye's startup fintech, gaming, and AI startups raised a combined $211 million, a clear sign of growing investor confidence.
New data from startups.watch, reveals 91 funding rounds across the three sectors this year. Fintech attracted the most, with $97.1 million, largely led by Sipay and Fimple. Gaming startups followed with $72.4 million, and AI ventures captured $12.6 million, reinforcing their role as emerging investment pillars in Türkiye.
Barış Özistek, CEO of Boğaziçi Ventures, praised the gaming sector’s global standing but noted that for Türkiye to keep pace with international trends, AI must step into the spotlight soon.
Ali Karabey of 212 Ventures, highlighted smart investor interest in fintech and AI transactions, while gaming led in overall value. He sees future growth shifting toward energy and climate-focused solutions—trends driven by global urgency.
To set this in context, Türkiye’s startup investment landscape is on a remarkable path. In 2024, total investment surged to approximately $2.6 billion, a 423% increase from the prior year.
Meanwhile, Q1 of 2025 had been sluggish, with just $58 million across 49 rounds—highlighting that while the ecosystem is down from last year’s peak, resilience is returning.
As this initiative moves into the second half of 2025, investor attention will increasingly shift to AI—and potentially, sustainability-driven startups.
An agreement between Iran and the U.S. to reopen the Strait of Hormuz is expected "soon," a U.S. official has said. The deal would result in the resumption of commercial shipping through the sea passage and the lifting of an American naval blockade on Iranian ports.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 8th of August, covering the latest developments.
A deal on a new route for vessels through the Strait of Hormuz is "very close," Iranian Foreign Minister Abbas Araghchi has said, while warning that the reopening of the waterway depends on the U.S. meeting other conditions, including paying compensation to Iran.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 9th of August, covering the latest developments.
Ukrainian President Volodymyr Zelenskyy said Ukraine is increasingly penetrating Russia's air-defence network, as both sides stepped up overnight strikes on energy, logistics and port infrastructure.
Kyrgyzstan is facing fuel supply challenges after shipments of petroleum products from Russia and Belarus fell sharply in July, pushing prices higher and forcing the country to look for alternative suppliers.
Iran is moving to ratify a long-delayed agreement governing the Caspian Sea, as Tehran seeks closer economic cooperation with neighbouring states while facing heightened security concerns and mounting pressure on its economy.
The United Nations Food and Agriculture Organization (FAO) has warned that soaring fertiliser prices could threaten Afghanistan’s 2027 wheat harvest despite favourable growing conditions, appealing for $38.3 million to support farmers before planting.
Kazakhstan has released an Amur tiger into the wild for the first time in more than 70 years, marking the beginning of a long-term effort to restore the species to its historic range in Central Asia.
Azerbaijan’s President Ilham Aliyev and Armenia’s Prime Minister Nikol Pashinyan remarked upon progress made towards normalising relations between Baku and Yerevan in a phone call on the first anniversary of the Washington peace summit.
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