Bazaar Times

01/01/2026

Tera Bank Increases Capital to 3.5 Billion Lira

Tera Bank has raised its paid-in capital to 3.5 billion Turkish lira following a decision taken at its Extraordinary General Assembly.

01/01/2026

Honor to Expand Its Smart Living Ecosystem in 2026

Honor plans to expand its “single ecosystem” approach in 2026 with new smartphone, tablet, and smartwatch models, further strengthening its integrated smart

01/01/2026

Amazon.com.tr Reveals Best-Selling Books of 2025

Amazon.com.tr has announced its list of the best-selling books of 2025, offering a striking snapshot of reading preferences among readers in Türkiye.

01/01/2026

Fiber Optic Protocol Between Türkiye and TRNC Published in Official Gazette

A cooperation protocol between Türkiye and the Turkish Republic of Northern Cyprus (TRNC) aimed at developing fiber optic infrastructure and expanding

01/01/2026

Istanbul Airport Served 84.4 Million Passengers in 2025

Istanbul Airport handled a total of 84,406,050 passengers and 549,316 flights in 2025, reaffirming its position as one of the world’s busiest and most

01/01/2026

A Ubtech humanoid is playing tennis with a human.

01/01/2026

will introduce a visa exemption for citizens of for tourism or transit, under a presidential decree published in the Official Gazette.

The decision, effective Jan. 2, 2026, applies to Chinese nationals holding ordinary passports and allows stays of up to 90 days within any 180-day period, according to the decree.
The move is expected to support and strengthen broader economic links between the two countries.

Türkiye and China established diplomatic relations in 1971, and elevated ties to the level of “Strategic Cooperation” in 2010.

Trade between the two has expanded sharply over the past two decades. In 2024, Türkiye’s exports to China were about $3.4 billion, while imports from China were about $44.9 billion.

01/01/2026

The UAE Ministry of Human Resources and Emiratisation ( ) has revealed that the minimum monthly wage for Emiratis in the private sector will be increased to AED6,000, effective January 1, 2026.

Establishments that hired Emiratis prior to the specified date will also have the opportunity to adjust their salaries to align with the new minimum wage by June 30, 2026.

The Ministry stated in a press announcement that the new minimum wage for Emiratis in the will be applicable to new citizen work permits and those being renewed or altered effective January 1, 2026.

Khalil Ibrahim Al Khouri, under-secretary of Labor Market & Emiratization Operations at MoHRE, highlighted that the higher minimum wage for Emiratis in the private sector aligns with the Emiratization strategy, which takes a phased approach to increasing the minimum wage for citizens in this sector.

He clarified that the strategy started with a of AED4,000, then increased to AED5,000, and will now rise to AED6,000 per month, effective from 2026. This gradual adjustment aims to align with current market wages according to job nature and provides private sector establishments adequate time to implement these phased salary increases.

01/01/2026

Turkish has announced a major contract along with the establishment of two new companies in the provinces of Malatya and Gaziantep.

In a filing with Borsa Istanbul, the company said it signed an agreement worth 225 million euros with Military Factory and Shipyard Management Inc. (ASFAT) for the procurement and integration of electronic warfare, radar, communication,navigation, weapon, electro-optics and underwater systems into naval platform combat systems. Deliveries under the contract are scheduled between 2026 and 2030.
Aselsan also disclosed that, to meet the growing demand in the field of military power electronics, it has set up a wholly owned subsidiary in Malatya, ASELSAN Malatya Elektronik Sanayi ve Ticaret A.Ş. The new company will focus on precision manufacturing, design, maintenance and after-sales services of , aiming to enhance efficiency and sustainability in operations.

In a separate statement, the firm announced the creation of another company in Gaziantep to expand production capacity in electromechanical systems. The new entity, Aselsan Gaziantep Elektromekanik Teknolojileri Sanayi ve Ticaret A.Ş., will be 51 percent owned by Aselsan and 49 percent by Gaziantep İleri Teknoloji Sanayi. It will specialize in the design, development and production of electromechanical systems, with a primary focus on slip rings.

01/01/2026

UAE Raises Minimum Private Sector Wage for Emiratis to AED6,000 From 2026, Sets Penalties for Non-Compliance

Non-compliance with the new wage will result in penalties for private sector establishments starting July 2026

01/01/2026

Middle East Sovereign Funds Lead $66 Billion AI Investment Surge in 2025, Reshaping Global Markets

Middle East funds led a $66b AI push as sovereign investors reshaped markets

01/01/2026

Turkiye Sets 2026 IMEI Registration Fee at 54,258 Lira Following Reduced Revaluation Rate

Türkiye has set its 2026 IMEI registration fee at 54,258 Turkish lira (about $1,263) after a presidential decision reduced the revaluation rate applied to