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Tag: Turkey

Posted on July 20, 2023

The mismatched metamorphosis of Turkey’s financial markets

Whisper it, but for all the warnings of a Turkish financial market meltdown if Tayyip Erdogan won May’s Presidential vote, some parts of it have done rather well, although the lira’s drop has been as …
Posted on July 20, 2023

The mismatched metamorphosis of Turkey’s financial markets

Whisper it, but for all the warnings of a Turkish financial market meltdown if Tayyip Erdogan won May’s Presidential vote, some parts of it have done rather well, although the lira’s drop has been as …
Posted on July 20, 2023

The end of Erdoğanomics? Turkey almost doubles interest rates to fight inflation

Turkey almost doubled interest rates on Thursday as part of … On the one hand, he has brought in a new team of mainsteam financial experts to prescribe the bitter medicine needed to control runaway …
Posted on July 20, 2023

UPDATE 1-Turkey’s Erdogan signs $50 billion in deals during UAE visit

UAE companies have since announced several investments in Turkey. Last month, Turkish Vice President Cevdet Yilmaz and Finance Minister Mehmet Simsek traveled to the UAE to discuss “economic …
Posted on July 20, 2023

UPDATE 1-Turkey’s Erdogan signs $50 billion in deals during UAE visit

UAE companies have since announced several investments in Turkey. Last month, Turkish Vice President Cevdet Yilmaz and Finance Minister Mehmet Simsek traveled to the UAE to discuss “economic …
Posted on July 19, 2023

Turkey’s Erdogan signs $50 billion in deals during UAE visit

The United Arab Emirates and Turkey inked on Wednesday several deals estimated to be worth $50.7 billion during a visit by President Tayyip Erdogan to Abu Dhabi as he toured wealthy Gulf Arab nations …
Posted on July 19, 2023

Agencies struggling to deliver humanitarian aid in Syria despite sanction exemptions

Charities in Syria are struggling to deliver aid despite western countries extending sanctions exemptions in the humanitarian sector that were put in place after an earthquake hit Turkey and Syria in …
Posted on July 19, 2023

Abu Dhabi’s ADQ signs $11.5 bln deals with Turkey for earthquake relief, exports

Abu Dhabi sovereign wealth fund ADQ said on Wednesday it signed two memoranda of understanding to finance up to $8.5 billion of Turkey earthquake relief bonds and $3 billion in credit facilities to …
Posted on July 19, 2023

Abu Dhabi’s ADQ signs $11.5 bln deals with Turkey for earthquake relief, exports

Abu Dhabi sovereign wealth fund ADQ said on Wednesday it signed two memoranda of understanding to finance up to $8.5 billion of Turkey earthquake relief bonds and $3 billion in credit facilities to …
Posted on July 19, 2023

Turkey and UAE ink $50 billion in trade deals during Erdogan visit

The $50 billion free trade deal comes as the Turkish government is struggling to draw foreign funds to ease Turkey’s foreign currency crisis.

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