Turkish economy

By Justin Vela in Istanbul

Turkey is moving up in defence manufacturing with the commercial development of the ANKA, its first domestically-made drone (pictured).

It’s the product of an industry that’s largely state-owned but one that is expanding its $14bn-a-year revenues, and creating investment opportunities through privatisation. First for a likely stock market launch is ANKA’s maker, Turkish Aerospace Industries (TAI), the second largest company in the sectorRead more