Türkiye has secured a groundbreaking $5 billion financing deal with the Asian Infrastructure Investment Bank (AIIB), marking the beginning of a multi-year partnership to fund vital infrastructure and sustainable development projects across the country.
In a significant step towards deepening international financial cooperation, Türkiye’s Treasury and Finance Ministry has formalized a $5 billion financing deal with the Asian Infrastructure Investment Bank (AIIB) to support key public projects across the country.
The Memorandum of Understanding (MoU), signed on Monday, marks the first-ever multi-year framework between Türkiye and AIIB, setting the stage for a robust partnership through 2027.
The deal will fund crucial infrastructure projects in sectors such as energy, transportation, water management, and export financing, with an emphasis on sustainable and green development. This financing commitment underscores Türkiye’s growing prominence as a preferred partner in global development, driven by its strategic economic plans and strong ties with international development banks.
In addition to the public sector financing, AIIB plans to inject another $5 billion into Türkiye’s private sector, further diversifying funding sources for businesses and infrastructure projects. By the end of 2024, Türkiye’s active portfolio with international financial institutions is expected to reach an impressive $35 billion, a testament to the confidence global partners have in the country’s economic stability and growth potential.
This landmark agreement positions Türkiye as a key player in regional and global development efforts, unlocking new opportunities for both public and private sector growth.
EU’s increasing focus on connectivity — not only within the Eastern Partnership (EaP) region but extending towards Central Asia and Türkiye was a key message throughout the Business Forum held in Warsaw under the Polish EU Council Presidency.
Türkiye has firmly rejected Greece's unilateral actions and claims regarding maritime spatial planning (MSP) in the Aegean Sea and Eastern Mediterranean, asserting that these actions will have no legal consequences for Ankara.
Azerbaijani Speaker Sahiba Gafarova and Turkish official Hulusi Akar reaffirmed strong bilateral ties, praising growing parliamentary cooperation, regional unity, and post-war reconstruction during their meeting in Baku.
Türkiye’s skies were more crowded than ever in 2024, as hot air balloon tourism soared to a historic high with a record-breaking 933,195 tourists taking flight across seven scenic regions.
Turkish Interior Minister Ali Yerlikaya has announced on Tuesday that 234 senior members of transnational crime networks were detained in an operation covering five countries. The operation is being hailed as one of the most significant anti-organized crime crackdowns in recent years.
President Vladimir Putin’s announcement of a temporary Easter ceasefire in Ukraine has drawn strong criticism from Kyiv, as Ukrainian leaders question the sincerity behind Moscow’s gesture amid continued hostilities and deep mistrust.
President Volodymyr Zelenskyy has denounced a Russian drone strike that occurred just hours after the start of a declared Easter truce, calling it proof of Vladimir Putin’s blatant disregard for both the holiday and human life.
Elon Musk announced on Saturday that he plans to visit India later this year, following a discussion with Indian Prime Minister Narendra Modi about potential collaboration in technology and innovation.
Sultan Haitham bin Tariq al-Said of Oman is scheduled to visit Moscow on Monday, just days after the commencement of a new round of U.S.-Iran nuclear talks mediated by Muscat.
Russia and Ukraine said Saturday they each swapped hundreds of prisoners in the largest exchange since the Russian full-scale invasion started over three years ago.
The Russian ruble has emerged as the top-performing currency globally in 2025, registering an impressive 38% appreciation against the US dollar since the beginning of the year, according to a report by Bloomberg.
A small plane crashed near Kopake, New York, on April 13, killing at 6 people. The Mitsubishi MU-2B aircraft, carrying six people, went down under unclear circumstances. This marks the second aviation accident in New York in a week, raising safety concerns.
The Holy Fire ceremony stands as one of Christianity's most enduring and mysterious rituals, drawing thousands of pilgrims to Jerusalem each year.
Several regions in Ukraine faced heightened alert on Palm Sunday, as reports of explosions and missile threats drew public attention and official responses.
Severe rainfall on April 17 led to flooding and landslides in the Piedmont region, prompting a large-scale emergency response from over 400 firefighters.
Turkish Foreign Minister Hakan Fidan is set to visit Algeria on April 20-21 for high-level strategic talks, according to diplomatic sources.
Despite U.S. President Donald Trump’s reluctance to support military action, Israel has not ruled out launching a limited strike on Iran's nuclear facilities in the coming months, according to Israeli and other sources familiar with the matter.
Iran and the United States are set to hold a new round of indirect nuclear talks in Rome on Saturday, as both sides continue to search for a resolution to their decades-long standoff over Tehran's nuclear ambitions.
A magnitude 5.8 earthquake struck the border area between Afghanistan and Tajikistan on Saturday, according to the German Research Centre for Geosciences (GFZ). The earthquake occurred at a depth of 92 kilometers (57 miles).
Start your day informed with AnewZ Morning Brief: here are the top news stories for April 19th, covering the latest developments you need to know.
President Vladimir Putin’s announcement of a temporary Easter ceasefire in Ukraine has drawn strong criticism from Kyiv, as Ukrainian leaders question the sincerity behind Moscow’s gesture amid continued hostilities and deep mistrust.
President Volodymyr Zelenskyy has denounced a Russian drone strike that occurred just hours after the start of a declared Easter truce, calling it proof of Vladimir Putin’s blatant disregard for both the holiday and human life.
Elon Musk announced on Saturday that he plans to visit India later this year, following a discussion with Indian Prime Minister Narendra Modi about potential collaboration in technology and innovation.
Sultan Haitham bin Tariq al-Said of Oman is scheduled to visit Moscow on Monday, just days after the commencement of a new round of U.S.-Iran nuclear talks mediated by Muscat.
Russia and Ukraine said Saturday they each swapped hundreds of prisoners in the largest exchange since the Russian full-scale invasion started over three years ago.
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