Turkey
Turkish Energy Minister confirms intent to continue importing Iranian gas
Turkey needs Iranian gas. The problem is that the Middle East is on fire, and the timing could hardly be worse.
Uber announced plans to invest $200 million over the next five years to establish a software and technology development center in Istanbul, marking a significant expansion of the company's global technology footprint.
While Uber has faced regulatory challenges in several markets, including Turkey in previous years, the company has since resumed operations and is working closely with Turkish authorities to expand its services, particularly in urban centers like Istanbul © Mena Today
Uber announced plans to invest $200 million over the next five years to establish a software and technology development center in Istanbul, marking a significant expansion of the company's global technology footprint.
The Turkish Ministry of Industry and Technology confirmed the news in a statement on Friday, emphasizing the importance of the investment for both the local economy and Turkey’s aspirations to become a regional tech hub.
This new Istanbul center will become Uber’s fourth major technology facility outside the United States, joining the ranks of similar operations in Brazil, India, and the Netherlands. It is expected to serve as a key node in the company’s global innovation and development strategy, focusing on areas such as mobility, mapping, payment systems, and artificial intelligence.
“Uber’s decision to invest in Turkey confirms the country’s attractiveness as a base for high-tech innovation,” said Turkish Industry and Technology Minister Mehmet Fatih Kacır. “This project will contribute significantly to job creation, knowledge transfer, and our vision for a more digital, innovation-driven economy.”
While Uber has faced regulatory challenges in several markets, including Turkey in previous years, the company has since resumed operations and is working closely with Turkish authorities to expand its services, particularly in urban centers like Istanbul.
The new tech center is expected to generate hundreds of high-skilled jobs, providing employment opportunities for Turkish engineers, developers, and IT professionals. It also aligns with Turkey’s broader economic policy to attract foreign direct investment (FDI) in knowledge-intensive sectors.
Uber has not yet provided specific details on the timeline for construction or hiring, but preliminary operations are expected to begin in early 2026.
“Istanbul is uniquely positioned as a bridge between continents and cultures. It offers access to top tech talent and a vibrant, growing economy. We are excited to be deepening our roots here,” said an Uber spokesperson.
This investment comes at a time when global tech companies are increasingly looking to diversify their R&D operations beyond traditional centers in North America and Western Europe. For Turkey, the Uber investment serves as a signal to other tech giants that the country remains open for innovation.
Turkey needs Iranian gas. The problem is that the Middle East is on fire, and the timing could hardly be worse.
U.S. Ambassador to Turkey Tom Barrack said on Friday he expected Washington and Ankara to soon solve the issue of U.S. sanctions over Turkey's purchase of Russian S-400 missile defences.
Turkey said on Thursday it would continue supporting peace talks between the United States and Iran and called on the sides to be "constructive" in negotiations to end the war.
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