Turkish defense firms unveil cutting-edge missiles, kamikaze drones, sea systems at SAHA 2026

Baykar’s new loitering munitions, Aselsan and Kayaci Defense’s kamikaze sea vehicles, ROKETSAN’s new missile systems, among 1st-day highlights

Turkish defense firms unveil cutting-edge missiles, kamikaze drones, sea systems at SAHA 2026

Baykar’s new loitering munitions, Aselsan and Kayaci Defense’s kamikaze sea vehicles, ROKETSAN’s new missile systems, among 1st-day highlights

Turkish defense firm STM unveils kamikaze UAV KUZGUN with over 1,000-km range

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Oil prices slip over 3% as Hormuz tensions keep oil markets volatile

US-Iran exchange of fire in Strait of Hormuz casts doubt on durability of 4-week ceasefire, while Brent drops to around $111 a barrel05 May 2026

Gitex AI Kazakhstan draws int'l tech buyers

Buyers bring active budget of $60M for Gitex AI Kazakhstan, organizer says05 May 2026

Major int'l tech firms showcase AI solutions in Kazakhstan

Major int'l technology firms showcase their AI solutions and connectivity projects at GITEX AI Kazakhstan05 May 2026

Israel risks fiscal crisis as war costs, defense demands soar, analysis says

Proposed $95B defense plan, prolonged multi-front attacks raise fears over fiscal stability, Israeli Ynetnews reports05 May 2026

Major defense, tech event SAHA Istanbul to launch with record-setting defense industry showcase

Event to feature more than 200 new product launches, with Turkish defense firms including Baykar, Aselsan, Roketsan showcasing their latest technologies04 May 2026

EU warns airlines, member states to prepare for all scenarios as jet fuel crisis remains uncertain

Commission says it has ‘full situational awareness’ on fuel stocks, plans guidance for airlines this week 04 May 2026

German auto industry confidence plunges in May amid Middle East tensions, US tariff threats

Ifo index shows sharp deterioration as expectations weaken and supply risks intensify04 May 2026

Brent crude nears $115 as Hormuz tensions intensify after reported strike on US Navy vessel

Oil prices surge over 5.5% following reports of missile strike near Jask and escalating Iran-US naval tensions04 May 2026

GameStop offers nearly $55.5B to acquire eBay

US video game retailer offers $125 per share in cash and stock, nearly 20% above eBay’s closing price04 May 2026

Hormuz ship traffic remains limited as only 9 vessels went through passage in last 24 hours

Ship-tracking data shows 6 vessels moving east to west and 3 west to east near Strait of Hormuz04 May 2026

Turkish defense firms unveil cutting-edge missiles, kamikaze drones, sea systems at SAHA 2026

Baykar’s new loitering munitions, Aselsan and Kayaci Defense’s kamikaze sea vehicles, ROKETSAN’s new missile systems, among 1st-day highlights

Turkish defense firms unveil cutting-edge missiles, kamikaze drones, sea systems at SAHA 2026

Baykar’s new loitering munitions, Aselsan and Kayaci Defense’s kamikaze sea vehicles, ROKETSAN’s new missile systems, among 1st-day highlights

Economy

Economy

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G7 trade ministers warn against economic coercion, call for supply chain resilience

Brussels Airlines reports $64M first-quarter loss due to higher fuel costs amid Mideast tensions

Türkiye’s aviation firms sign strategic engine deal for UAV programs

Commodity markets rally as Middle East conflict disrupts supply chains

Oil prices plunge as hopes for US-Iran deal ease supply fears

Gold climbs over 3% on hopes of easing Strait of Hormuz tensions