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Memorandum of Understanding on Natural Gas Supply Between Türkiye and the Turkish Republic of Northern Cyprus
On July 10 2026 Türkiye and the Turkish Republic of Northern Cyprus (TRNC) signed the "Memorandum of Understanding on the Supply of Natural Gas to the TRNC". The agreement envisages the initiation of a technical legal and economic cooperation process aimed at delivering natural gas from Türkiye to the TRNC. The memorandum covers efforts to expand energy cooperation between the two countries and prepare for the development of the TRNC’s natural gas infrastructure. Scope of the Memorandum The memo
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The internal rate of return (IRR) is a widely used profitability indicator in financial management and investment analysis. This rate measures the return on an investment by taking into account the time value of cash inflows and outflows and occupies a central position in decision-making processes, particularly in capital budgeting. IRR is defined as the discount rate that equates the net present value (NPV) of an investment to zero. In this context, calculating IRR provides an opportunity to co
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