New data say yearly inflation fell to 9.79 percent in July, down from 10.9 percent in June Turkey’s annual inflation rate dropped to 9.79 percent in July — its lowest level in six months, the [ More … ]
The Tunisian dinar fell to its lowest rate in years trading at 2.83 against the euro and 2.412 against the US dollar. Authorities explained the decline saying that Tunisia did not receive the last instalment [ More … ]
Last year, Turkey signed seven investment agreements with countries around the world, making it the most active in encouraging investments. The World Investment Report 2017 disclosed late Wednesday says that Turkey, which attracted $12.3 billion [ More … ]
BY: CEMIL ERTEM* President Recep Tayyip Erdoğan reiterated Turkey’s theses in his meeting with U.S. President Donald Trump, which is considered to be a ‘historic’ summit. Turkey will not compromise; the thinking is that a country [ More … ]
Turkish Economy Minister Nihat Zeybekci meets German counterpart, says stronger economic ties will help resolve political disputes Turkey and Germany pledged on Monday to set aside political tensions and work on further developing economic and [ More … ]
The US dollar price has slightly declined on the black market following an announcement by the Central Bank of Sudan (CBoS) that it would infuse additional amounts of foreign currencies into the commercial banks. Dollar [ More … ]
BY: CEMIL ERTEM* The question of how Turkey’s growth performance will be in 2017 and after has become an important matter of debate after Sunday’s referendum. The International Monetary Fund’s (IMF) latest global economic outlook report [ More … ]
BY: Erdal Tanas Karagöl* A new period will begin, with the historic referendum resulting in a “yes” majority. The Justice and Development Party’s (AK Party) road map displaying its plans for the 2019 general elections and [ More … ]
Turkey’s economy grew around 3 percent despite coup attempt, terror and regional chaos, says Mehmet Simsek Turkey’s economy will experience a rapid and permanent rise if the Yes campaign wins Sunday’s referendum, Deputy Prime Minister [ More … ]
Britain said Wednesday it would help Saudi Arabia to diversify its oil-dependent economy as British Prime Minister Theresa May visited the Kingdom. A statement from May’s office said the two discussed several issues including security [ More … ]
Dollar to Turkish lira rate slips in line with US dollar weakness in almost all major currencies and emerging markets. However, investors just want Turkey’s 16 April referendum done with and think of how markets are most [ More … ]
As Kuwait’s emir pays a two-day visit to Turkey, Ankara’s ambassador to the Gulf country said a number of agreements are expected to be signed by the two states whose relations date back almost 200 [ More … ]
Almost 5.3 million Moroccans “live under the threat of falling back into poverty”, according to AFP. The World Bank says it has approved $150 million in financing to support small enterprises in Morocco and improve [ More … ]
It’s almost 50 years since the last trip by a Saudi monarch to Japan and Indonesia Saudi Arabia’s King Salman begins on Sunday a three-week Asian tour likely to seek investment and technical expertise as [ More … ]
Over the past years, halal tourism options in Turkey have been attracting tourists from Muslim countries around the world. The Turkish Standards Institution has introduced a set of new standards for hotels to better serve [ More … ]
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