#Turkey
Turkish farmers have long complained of sharp hikes in the prices of fertilisers and fuel due to the sharp depreciation in the lira
The 24 Fintech Summit promises to be a landmark event for Saudi Arabia as well as the GCC region, offering attendees a comprehensive view of the trends, challenges, and opportunities set to shape the industry in the coming years
The growth plan comes as Isbank marks its 100th anniversary and as Turkish authorities seek to stamp out soaring inflation with high interest rates
The new agreement will establish what is known as a “mixed-economy corporation,” which is not subject to the legal limit
Izmir Port, part of the the Turkish Wealth Fund portfolio, is among the largest ports in Turkey in terms of container volume
France, Italy, Australia and Canada have joined the US and the UK, in issuing evacuation orders for their citizens in Lebanon
There are more than 50 million Instagram users in the country
Tam Finans operates through a network of 39 branches and has more than 40 per cent of the Turkish micro-leasing market
The talks, if successful, would create one of the world’s largest free trade areas worth $2.4tn
Since June last year, the central bank has hiked rates to 50 per cent and it pledged to remain vigilant to inflation risks
President Erdogan said that Ankara would unveil an incentive packages for high tech areas totalling $30bn
Turkey’s central bank has raised its main rate to 50 per cent from 8.5 per cent since Finance Minister Mehmet Simsek was appointed last year
The company plans to establish a facility for producing electric and plug-in hybrid vehicles, with an annual capacity of 150,000 units
The additional Turkish tariff will be set at a minimum of $7,000 per vehicle, with effect from July 7
Countries on the grey list undergo increased monitoring and must actively work with FATF to correct deficiencies
The visit underscored the importance of diplomatic ties between Turkey and Kuwait and laid the groundwork for enhanced cooperation in various fields
The project will establish a vital connection between Iraq’s Grand Faw Port in the south, renowned for its oil resources, and Turkey in the north
FAB has held early exploratory talks with owners of several Turkish banks
The bank has now raised its key one-week repo rate by 4,150 basis points from 8.5 per cent since last June
ADPorts Group could invest in an entity established by the Turkey Wealth Fund to run the Aegean coast port of Izmir, reports Reuters
Inflation hit a 24-year peak of 85 per cent last year and surged again in recent months as the lira weakened for a third year in a row
The attack took place hours before parliament was set to reopen
The partnership will aim to enhance supply chain solutions in Turkey
The agreement marked the high point of Turkey’s President Recep Tayyip Erdogan’s recent visit to the Middle East
The countries signed a joint accord to establish a high-level strategic council, further cementing ties between the UAE and Turkey
With Eid just around the corner, many people in the UAE are already planning their vacations to celebrate the occasion with their loved ones
The two countries agreed to enhance joint efforts to implement the MoU that was signed recently
A 6.4 and 5.8 magnitude earthquakes hit the country’s southeastern Hatay province on Monday
During the operation, the team managed to rescue 10 people and recover 26 bodies
The UAE is continuing to send relief supplies to Syria and Türkiye, with more than 70 flights sent to both countries so far, carrying food, medical supplies and other items