Erdoğan's son-in-law joins Forbes list
The Bayraktar brothers joined the Forbes list of billionaires. Their company produces Bayraktar drones.
industry in the East
Uzbekistan to produce million cars by 2030
By the early 2040s, the production of passenger cars in Uzbekistan should reach 1 million per year. This goal was announced at a meeting with the President of the country.
India to help Armenia fight drones
India will transfer anti-UAV systems to Armenia. The contract amount is over $40 million.
Iran works on supersonic cruise missile
Iran is testing a supersonic cruise missile. It was developed by local specialists. The missile has a compressorless jet engine.
F-16 fighters upgraded in Türkiye
The first upgraded F-16s were handed over to the Turkish Air Force
Turkish observation satellite sends 1st signal
Türkiye’s first observation satellite, IMECE, sent the 1st signal to the tracking station in Ankara this afternoon
Türkiye to increase funding for defense industry
The Turkish government plans to increase the total budget of the defense industry to $75 billion in the future. It currently exceeds $60 billion.
Türkiye to put on pause F-16 acquisition issue
According to the Turkish presidential administration, Ankara would not lose anything if the issue of F-16 fighters acquisition is put aside for the next 10 years
Sales of Iranian cars to start in Russian car dealerships in early summer
Iranian cars will still be sold in Russia. They will be imported via parallel imports, and three models manufactured by the Iranian plant Saipa will appear in the capital's car dealerships in the first days of June.
"Turkic car industry" prepares to conquer Eurasian market
The car industry of Uzbekistan, Kazakhstan and Azerbaijan will team up to implement the Turkic Auto Industry project, UzAuto Motors announced on its official Telegram channel. At first, the production of the Chevrolet Onix model …
Azerbaijan and Uzbekistan prepare five major joint projects
Baku and Tashkent are working on the financial and technical aspects of the implementation of five large projects worth over $700 million, the Ministry of Investments and Foreign Trade of Uzbekistan reports. Earlier, the Minister …
Kazakhstan and Uzbekistan to launch joint ventures
The heads of Kazakhstan and Uzbekistan, Kassym-Zhomart Tokayev and Shavkat Mirziyoyev, were provided with detailed information on the implementation of joint projects between the two countries, Akorda reports. Kazakhstan will launch …
Türkiye begins final stage of first domestic fighter assembly
Türkiye has started the final stage of the first domestic fighter's assembly. Local media write about it. More than 13 thousand specialists are involved in the project. According to Anadolu agency, the first …
Azerbaijan may purchase Turkish grenade launchers
Azerbaijan is negotiating with Turkey on the purchase of AK40-GL grenade launchers, the Turkish manufacturer reports. "At the moment, negotiations are underway with Azerbaijan. In general, 20 countries are interested in this type …
Israel and Jordan advance plans to complete joint industrial park
Israel says ‘final details’ for the project agreed upon during a meeting last week between Jordan’s King Abdullah II and acting Israeli PM Yair Lapid
Turkey significantly increases exports to Russia
In June 2022, the export of goods from Turkey to Russia increased by 52% to $791,4 mln compared to May, the Turkish Institute of Statistics reports. The export is 46% bigger than in June 2021. Over the past month, deliveries of …
Premium Chinese electric car may appear on the Russian market
The premium brand of the Chinese automobile company Dongfeng Voyah intends to start selling the Free electric crossover in Russia in 2023. This was announced by Voyah Deputy General Director for Sales Liu Zhanshu. According to him, …
Kazakhstan identified Azerbaijan as target market for industrial goods export
On Tuesday, July 5, the 18th meeting of the Kazakh-Azerbaijani intergovernmental commission on economic cooperation was held in Nur-Sultan. As Deputy Prime Minister, Minister of Trade and Integration of Kazakhstan Bakhyt Sultanov noted …
Two workers died after emergency at factory in Zhambyl region
Five workers ended up in the working millstones of a crusher at the factory of the Kazphosphate branch in the Zhambyl region, Kazakh media report about the tragedy. According to the KTK TV channel, a 28-year-old welder and a 35-year-old …
Turkey announces superiority of domestic attack aircraft over F-35
The Hurjet light attack aircraft being developed by Turkey will surpass the US F-35 fifth-generation fighter in performance characteristics, the head of the Defense Industry Department of the Republic, Ismail Demir said. He stressed …
