Here is today’s Turkey news in English, Thursday 5 November 2026. Petrol prices are expected to fall from Friday, Pendik held a lottery for 2,028 urban renewal units, and the government launched its Milli Enerji 2040 plan.
Local services and weather
Petrol expected to fall about 6 lira a litre from Friday: Istanbul petrol would drop to around 74.42 lira; diesel is not included.
Power cuts on Friday, 6 November: Planned daytime cuts in Alanya, Manavgat, Serik, Kaş, Kemer and Bodrum.
Bakırköy road closures from 8 November: The D-100 İncirli side road shuts for 15 days and Adnan Kahveci Boulevard for 180 days.
Heavy rain warning for the southeast: Hatay, Gaziantep and 12 other provinces from Friday, with snow around Hakkari.
Bahçelievler excavation collapse: One worker died and one was rescued; a neighbouring building was evacuated.
Property
Pendik urban renewal lottery: 2,028 units allocated; TOKİ’s first 1,071 Istanbul rental homes due next month.
Forest fires down 35% in 2026: The minister said burned forest land cannot be zoned for development.
Economy and markets
Şimşek: 130.2 billion lira paid to fund investors: Minimum wage support for employers will rise in 2027.
Milli Enerji 2040: Türkiye targets 175 GW of wind and solar by 2040.
S&P Dow Jones freezes Turkish index changes: Türkiye is on its 2026/2027 watch list.
Central bank reserves fall to 158.1 billion dollars: A third weekly decline.
Third-quarter results: Türk Telekom beat forecasts and Türkiye Sigorta posted a loss.
Anadolu Efes cuts beer outlook: Plus results from Petkim, Zorlu Enerji, Otokar and Şekerbank.
New guides for property buyers
Power of attorney (vekaletname): Buying or selling property in Türkiye from abroad.
Sworn translators and notaries: When you need them at the title deed office and what notaries charge.
Property valuation report: Now usable for 12 months; who prepares it and how to order it.
Tomorrow from 08:00 we will follow the petrol price change, the weather in the southeast and new guides on mortgages and money transfers for property buyers.
Sources
Photo: Tolga Bakı / CC BY 4.0, via Wikimedia Commons
