Minister of Energy and Natural Resources Alparslan Bayraktar met with representatives of the World Bank Group International Finance Corporation in Istanbul and announced on his social media account that they evaluated the breakthroughs in Türkiye's energy sector, investments, renewable and nuclear energy targets and financing opportunities.
AI-generated summary
Within the scope of energy transformation, Türkiye increases its investments in renewable energy and nuclear energy and develops cooperation with international financial institutions.
In his post on his NSosyal account, Bayraktar stated that they met with representatives of the International Finance Corporation within the World Bank Group in Istanbul.
Pointing out that they discussed the breakthroughs and targets set in the energy sector, Bayraktar said, "In our meeting, we shared the breakthroughs Türkiye has made in the energy sector, the investments we have made in line with our vision of energy transformation, and the targets we have set in renewable energy and nuclear energy. We focused on the acceleration of existing projects and the financing opportunities that can be provided for new projects in a wide area ranging from transmission and distribution infrastructure to YEKA projects, from critical minerals to private sector investments." he said.
Bayraktar noted the following in his post:
"We welcome the World Bank's strong interest in Türkiye's energy transformation and the will to contribute more to our energy investments expressed in our meeting today. We aim to further our cooperation that will accelerate our country's energy transformation by utilizing financing opportunities for the public and private sectors in the most effective way."
Minister of Energy and Natural Resources Alparslan Bayraktar stated that he held a meeting with World Bank Group International Finance Corporation representatives in Istanbul and discussed Türkiye's breakthroughs in the energy sector, renewable and nuclear energy targets, YEKA projects and private sector investments. Acceleration of existing projects and financing opportunities for new projects were discussed at the meeting.
Minister of Defense and Aviation Mehmet Fatih Görgün, in his post on his social media account, stated that defense and aviation exports were 511.4 million dollars in August 2026 and reached 6.3 billion dollars in the first 8 months of the year, an increase of 16.2% compared to the same period last year. He added that in the last 12 months, total exports grew by 29.3% and reached 10.9 billion dollars.
Tradist, the distributor of global brands such as Herschel, XD Design, Sunnylife, Crosley and Allbirds in Türkiye, introduced the new collections of the brands at the new season event. The company stated that while it operates in Turkey, Kazakhstan, Azerbaijan, Uzbekistan, Georgia, Moldova and Kyrgyzstan, it aims to expand to the Balkans, Turkish Republics and the Middle East and strengthens its digital sales channels. He also emphasized that Herschel's Türkiye-specific website was launched and Türkiye's goal of becoming the production and distribution center through the licensed production model.
While the BIST 100 index decreased by 118.1 points compared to the previous closing, the total transaction volume was 191.4 billion lira. The banking index gained 0.54% and the holding index gained 0.69%. Among the sector indices, financial leasing factoring was the sector that gained the most with 1.25%, and informatics was the sector that lost the most with 4.59%. CPI increased by 1.84% and D-PPI increased by 2.57% on a monthly basis in August. Annual inflation was recorded as 31.51% in consumer prices and 27.95% in domestic producer prices.

Minister of Energy and Natural Resources Alparslan Bayraktar held a meeting with representatives of the World Bank Group International Finance Corporation in Istanbul and announced that he discussed the breakthroughs in Türkiye's energy sector, investments, renewable and nuclear energy targets and financing opportunities.
The Central Bank of the Republic of Türkiye announced that as of August 28, gross foreign exchange reserves decreased by 3 billion 119 million dollars and fell to 71 billion 109 million dollars. Gold reserves increased by 2 billion 868 million dollars to 117 billion 89 million dollars. Total reserves decreased by 252 million dollars to 188 billion 198 million dollars.