#Turkey

Turkey imposes 40% tariff on vehicle imports from China

Turkey imposes 40% tariff on vehicle imports from China

The additional Turkish tariff will be set at a minimum of $7,000 per vehicle, with effect from July 7

Turkey presents crypto asset bill as it seeks watchdog upgrade

Turkey presents crypto asset bill as it seeks watchdog upgrade

Countries on the grey list undergo increased monitoring and must actively work with FATF to correct deficiencies

Turkey-Kuwait-X

Kuwait’s Sheikh Meshal tours Turkey in first non-Arab state visit

The visit underscored the importance of diplomatic ties between Turkey and Kuwait and laid the groundwork for enhanced cooperation in various fields

UAE

Iraq, Turkey, Qatar, UAE sign preliminary deal for $17bn Development Road project

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 issues $800m sukuk, marks first for the year globally

FAB exploring purchase of Turkey’s Yapi Kredi Bank: Reports

FAB has held early exploratory talks with owners of several Turkish banks

TURKEY

Turkey’s central bank stuns with interest rate at 50%

The bank has now raised its key one-week repo rate by 4,150 basis points from 8.5 per cent since last June

Abu Dhabi to ‘buy’ stake in key Turkish port: Reuters

ADPorts Group could invest in an entity established by the Turkey Wealth Fund to run the Aegean coast port of Izmir, reports Reuters

Turkish central bank raises inflation forecasts

Turkish central bank raises inflation forecasts, sees 70%-75% peak

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

Turkey

Turkey’s Interior Ministry attacked in Ankara; PKK claims responsibility

The attack took place hours before parliament was set to reopen

DP World and Türkiye's Evyap Group sign partnership_Image WAM DP World

DP World acquires 58% equity stake in Turkey’s Evyap Port

The partnership will aim to enhance supply chain solutions in Turkey

Turkey waits on UAE investment

Turkey sees cash flow from $51bn UAE deal starting by end of this year

The agreement marked the high point of Turkey’s President Recep Tayyip Erdogan’s recent visit to the Middle East

UAE and Turkey sign deals worth $50bn Image courtesy WAM

UAE, Turkey sign accord, strategic agreements valued at $50.7bn

The countries signed a joint accord to establish a high-level strategic council, further cementing ties between the UAE and Turkey

affordable luxury

Top 12 getaways for Eid this year

With Eid just around the corner, many people in the UAE are already planning their vacations to celebrate the occasion with their loved ones

UAE and South Korea trade

UAE to invest $30bn in South Korea over the next few years

The two countries agreed to enhance joint efforts to implement the MoU that was signed recently

quakes hit Turkey

Fresh quakes hit Turkey, two weeks after disaster

A 6.4 and 5.8 magnitude earthquakes hit the country’s southeastern Hatay province on Monday

Ministry of Defence

UAE’s Ministry of Defence ends rescue and search activities in Turkey

During the operation, the team managed to rescue 10 people and recover 26 bodies

UAE President sends additional $50m in releif aid to Syria -e1674207563941

UAE President orders additional $50m in relief aid for Syria

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

Turkey

Rescue efforts continue a week after Turkey, Syria earthquakes

The death toll in Turkey and Syria from the earthquakes and major aftershocks rose above 35,000

Twitter

Twitter access restricted in Turkey days after massive earthquakes

Restrictions to the social-media platform started Wednesday afternoon

Hotels Courtesy Dubai Media Office

12 stunning new hotels in the Middle East that demand a visit

We look at some of the most interesting hotels scheduled to open in the Middle East in 2023

Dubai International Chamber launches offices in Egypt, two more countries

Dubai International Chamber launches offices in Egypt, two more countries

The new openings bring the number of Dubai International Chamber’s representative offices around the world to 15

SunExpress launches direct flight between Dubai, Izmir

This is the second Turkish route the carrier now operates into Dubai International

Wizz Air Abu Dhabi to launch new route to Ankara

The flight to Ankara will commence on January 19, 2023

Teledyne FLIR gives travelers a safe crossing

Teledyne FLIR installs AID camera technology at 1915 Çanakkale Bridge in Turkey

The camera can reliably detect collisions, stopped vehicles, wrong-way drivers and pedestrians in challenging lighting and weather conditions

Kalyon Enerji Turkey

Abu Dhabi’s IHC acquires 50% stake in Turkish clean energy company Kalyon Enerji

Kalyon Enerji is owned by the giant Turkish group Kalyon Holding, which operates in the construction, energy and aviation industries

UAE Indonesia

UAE inks economic pact to boost trade with Indonesia

The Indonesia deal is the UAE’s third major trade pact since it announced the plan to broaden its economic relationships in 2021

Saudi crown prince regional tour

In pics: Saudi Crown Prince Mohammed bin Salman’s regional tour

The Crown Prince left Turkey on Wednesday, June 22, bringing an end to his regional tour that also took him to Egypt and Jordan

Turkey officially changes its name at UN to ‘Turkiye’

Turkey officially changes its name at UN to ‘Turkiye’

President Erdogan has been pressing for the name to be changed to ‘Türkiye’ (tur-key-yay) as it is spelled and pronounced in Turkish

Air Arabia to resume direct flights to Bodrum and Antalya from Sharjah

The carrier has existing services to Istanbul and Trabzon in Turkey

Air Arabia Abu Dhabi to introduce new service to Istanbul

The new service represents the 17th route for the carrier since its launch