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
The death toll in Turkey and Syria from the earthquakes and major aftershocks rose above 35,000
Restrictions to the social-media platform started Wednesday afternoon
We look at some of the most interesting hotels scheduled to open in the Middle East in 2023
The new openings bring the number of Dubai International Chamber’s representative offices around the world to 15
This is the second Turkish route the carrier now operates into Dubai International
The flight to Ankara will commence on January 19, 2023
The camera can reliably detect collisions, stopped vehicles, wrong-way drivers and pedestrians in challenging lighting and weather conditions
Kalyon Enerji is owned by the giant Turkish group Kalyon Holding, which operates in the construction, energy and aviation industries
The Indonesia deal is the UAE’s third major trade pact since it announced the plan to broaden its economic relationships in 2021
The Crown Prince left Turkey on Wednesday, June 22, bringing an end to his regional tour that also took him to Egypt and Jordan
President Erdogan has been pressing for the name to be changed to ‘Türkiye’ (tur-key-yay) as it is spelled and pronounced in Turkish