Bazaar Times

22/07/2025

Aselsan Signs New International Agreements at IDEF 2025

Istanbul – Turkish defense giant Aselsan expanded its global footprint at the 17th International Defense Industry Fair (IDEF 2025) by signing a series of

22/07/2025

Koc University – Isbank AI Center Receives Cloud Research Grant Support from AWS

The Koç University İşbank Artificial Intelligence Research and Application Center (KUIS AI), established through a partnership between Koç University and

22/07/2025

Turkey’s ARCA Savunma Acquires Italian Ammunition Manufacturer Esplodenti Sabino

Turkish defense company ARCA Savunma has announced the successful acquisition of Esplodenti Sabino, a prominent Italy-based manufacturer of munitions and

22/07/2025

Credit Trading Ban Imposed on Two Stocks by Borsa İstanbul

Borsa İstanbul announced that Yeşil Yatırım Holding A.Ş. (YESIL.E) and Selva Gıda Sanayi A.Ş. (SELVA.E) shares are subject to credit trading restrictions

22/07/2025

Roketsan Unveils Six Strategic Products at IDEF 2025

Roketsan, one of Turkey’s leading defense companies specializing in rockets, missiles, and munitions, showcased six cutting-edge products for the first time

22/07/2025

Abu Dhabi sovereign wealth fund ADQ has completed its acquisition of regional courier after regulatory approval, amid efforts to boost the UAE’s position as a logistics hub.
ADQ will become the majority shareholder in Dubai-based Aramex, combined with the share held by AD Ports Group, with a 63.16 per cent stake, ADQ said on Tuesday.

That is up from the 58 per cent shareholding during ADQ’s initial tender offer in March. AD Ports currently holds a 22.69 per cent stake in Aramex.
Aramex, the Middle East’s biggest courier company, will become part of ADQ’s transport and logistics cluster.

In January, had offered to fully acquire Aramex in a deal valuing the company at about Dh4.39 billion ($1.2 billion). At the time of the announcement, ADQ’s offer price of Dh3 per share represented a 33 per cent premium over Aramex’s stock price of Dh2.31 on the Dubai Financial Market.

Following Tuesday’s announcement,Aramex’s shares were up 4.48 per cent at 12.27pm.

ADQ’s investment into Aramex is expected to “enhance the services layer of the logistics value chain and supports the development of end-to-end trade and solutions”, said Mansour AlMulla, deputy group chief executive of ADQ.

It marks a “strategic step towards advancing our vision to build a globally integrated logistics platform anchored in the UAE that complement our existing investments across air, sea and land infrastructure.”

The completion of the Aramex deal is the latest in a string of moves for ADQ, which is pushing to expand its local and international portfolio of assets.

22/07/2025

Turkish defense firm will unveil its homegrown , , at this week’s International Defense Industry Fair (IDEF 2025) in Istanbul.

The visual navigation system to be debuted will provide high-accuracy data autopilots need onboard aircraft operating in environments where GPS signals are jammed or spoofed. The system will enhance unmanned aerial vehicles (UAVs) to process captured images using artificial intelligence (AI) to navigate.

Satellite images of the area or images captured of the area by another can also be used as substitutes, allowing the system to help position the UAV it’s used on without GPS.
Seyyah was designed for sub-cloud UAVs in mind, and it can be integrated into larger aircraft operating at higher altitudes with some modifications to the sensor set, as its algorithms and software will run without requiring any changes.
Jamming and spoofing of GPS data that all UAVs need to position themselves is a major issue on the modern battlefield, and the reliance on positioning satellites that can be subject to such manipulation causes concerns over external dependency.

Türkiye has some ongoing projects on a national GPS infrastructure, but the risk of jamming persists—the Seyyah system stands out as a solution without the downsides that and signals have.

The system supports synchronized tasks between multiple platforms due to its architecture, which is compatible with swarm UAVs. Seyyah features high autonomy, independence from the GPS, and accessibility, promising reliability and uninterrupted performance in complex mission environments.

Muhammed Selman Donmez, founding partner of Tetra and a member of the board of Pacific Technology, which Tetra is a part of, told Anadolu that the Seyyah system will enable aircraft to “fly by seeing, just like birds.”

22/07/2025

Türkiye’s booming production of -base is turning traditional agricultural products into high-value industrial goods, paving the way for a dynamic new food sector with global potential.

As legumes such as , lentils and beans gain ground in snack aisles, the growing popularity of pulse-based chips is feeding not only consumer demand but also agricultural development and exports.
Seen as a cheap and efficient source of protein, pulses have emerged as a key raw material for the fast-growing market. The global market for legume-based products is projected to reach $150-200 billion within the next decade, with Türkiye’s quality production placing it at the forefront.

Kazım Taycı, a sector representative, said the momentum around legume chips is backed by significant research and development investments.

The trend is also opening doors for Türkiye’s farmers and food entrepreneurs. “As chickpea, bean and lentil flour becomes a main ingredient in baked goods and snacks like chips, we are unlocking entirely new product categories,” Taycı said.

Abdullah Özdemir, another sector representative, emphasized the role of government incentives in turning basic agricultural products into an industrial powerhouse. However, he also cautioned that retail prices remain high. “For broader reach, brands need to make these snacks more affordable.”

Industry leaders such as Mehmet Reis, Chair of Reis Gıda, are investing in pulse flour development. “Legumes are the superfood of today and the future,” he said. “If we allocate 20 percent of newly opened farmland to pulses, we can support both the economy and food security worldwide.”

With their low water needs and ability to enrich soil with nitrogen, pulses are proving to be a sustainable and versatile food source, now gaining new life as crunchy, nutritious snacks.

22/07/2025

The International Energy Agency has indicated that the global supply of liquefied natural gas is projected to experience its most significant increase next year since 2019, largely due to expanded production in North America. The supply increase is expected to accelerate to 7%, or 40 billion cubic meters annually in 2026, following a 5.5% expansion this year.
Image: liquefied natural gas plant. Source: ExxonMobil

22/07/2025

Chinese high-technology company Astronergy will establish a 5-gigawatt capacity domestic solar panel cell production factory in Balıkesir, Türkiye with a $700 million investment.

Construction is expected to begin at the end of the year at the factory, which will feature equipment featuring TOPCon 4.0 cell technology, which increases the efficiency of solar cells in solar panel production.
Image: Astronergy

22/07/2025

Premier Li Qiang of China has announced the commencement of construction on the world's largest hydropower dam, situated on the eastern edge of the Tibetan Plateau, with an estimated investment of at least $170 billion.

This massive project comprises 5 cascade hydropower stations, designed to generate 300 billion kilowatt-hours of electricity per year, equal to the electricity consumption of the United Kingdom in 2024, and will be positioned along the lower reaches of the Yarlung Zangbo River. The river's 50-kilometer stretch, characterized by a 2,000-meter drop, presents substantial hydropower potential.
Image: China's Three Gorges dam, via: chinastory

22/07/2025

Abu Dhabi’s ADQ completes acquisition of majority stake in Aramex

Abu Dhabi sovereign wealth fund ADQ has completed its acquisition of regional courier Aramex after regulatory approval, amid efforts to boost the UAE's