Georgia puts $7 billion plan behind Middle Corridor ambitions
Georgia’s International Maritime Forum has closed in Batumi with officials setting out investment targets, timelines and technical plans aime...
Türkiye is planning to reach $7 billion in software exports by 2028, according to the country's Trade Minister Ömer Bolat
Türkiye is setting its sights on doubling its software export revenue to $7 billion by 2028, according to Trade Minister Ömer Bolat. Speaking at the Innovation Champions Awards Ceremony, part of the 11th edition of Türkiye Innovation Week, Bolat highlighted the country’s latest achievement of $3.5 billion in software export revenue and announced plans to double that figure over the next four years.
The event, which brought together leading figures from the Turkish government, was attended by Vice President Cevdet Yılmaz, Treasury and Finance Minister Mehmet Şimşek, and other officials.
Minister Bolat emphasized Türkiye’s significant progress in the information technology (IT) sector, noting the country’s leadership in developing a skilled labor force for the industry. He also pointed out that Türkiye has successfully doubled its high-tech exports since 2012.
In 2023, Türkiye was ranked 37th in the Global Innovation Index, a remarkable leap from its position at 65th in 2011. With its advancements in high-tech sectors, including military innovations, the country’s ranking is expected to rise even further in the coming years.
The government’s ambitious goal for software exports is part of a broader effort to solidify Türkiye’s role as a key player in the global tech industry, leveraging its growing expertise and capacity in high-tech innovation.
Four people were killed, including a child, in Ukrainian strikes on the Russian port city of Novorossiysk overnight, according to the governor of the Krasnodar region. Ukraine's drone forces commander, Robert Brovdi, said Russian military ships were destroyed in the attacks.
A TV channel was struck during a live broadcast on Tuesday, Ukrainian President Volodymyr Zelenskyy said, as Russian strikes on Kyiv killed at least three people, the city's Mayor Vitali Klitschko said. Meanwhile, drones hit civilian infrastructure in Russia's southwestern Saratov region.
U.S. Central Command (CENTCOM) said its forces destroyed five Iranian crude oil carriers after the Islamic Revolutionary Guard Corps (IRGC) allegedly launched two ballistic missile attacks against a U.S. Navy warship over the past two days.
Wildfires have broken out in Türkiye’s Antalya province, forcing hundreds of people to evacuate as strong winds fuelled the flames.
U.S. special envoys Jared Kushner and Steve Witkoff have held talks with Ukrainian President Volodymyr Zelenskyy in Kyiv on Sunday on efforts to end Russia’s war in Ukraine.
Georgia’s International Maritime Forum has closed in Batumi with officials setting out investment targets, timelines and technical plans aimed at expanding the Middle Corridor and strengthening the country’s role in global trade.
Iran says it has delivered on its promise of a “faster, heavier and more painful” response to Washington, striking U.S. bases, warships and commercial vessels early on Wednesday.
Central Asian foreign ministers have marked 20 years since a landmark nuclear-free treaty, reaffirming their commitment to regional security, nuclear non-proliferation and disarmament.
Saudi Arabia’s international leisure tourism industry is forecast to grow by 93 per cent between 2025 and 2030, as the kingdom expands beyond religious travel. The figures were presented during WTM Spotlight Riyadh, where industry leaders discussed the growing tourism market.
The Houthi movement has fired missiles and drones towards Saudi Arabian cities and energy facilities, opening another potentially dangerous front in a wider regional conflict involving Iran and the United States.
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