Article

Norway's sovereign wealth fund has invested over $1.7 billion in 79 Turkish companies by the end of 2025, marking its largest investment in Türkiye to date. This significant increase, particularly in the energy, banking, and defense sectors, includes key stakes in companies such as ASELSAN and Akbank. Since its initial investments in 2001, the fund has steadily grown its Turkish holdings, reaching $1.5 billion in 2024.