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Turkish President Recep Tayyip Erdoğan will visit Saudi Arabia in February as Turkey works to thaw ties with Arab countries in the region. Erdogan also announced he will also discuss trade with Saudi authorities. Turkey has been pushing to end Read more
The lira tumbled almost 8% against the dollar on Monday amid persisting investor concern over Turkey’s monetary policy, after the Lira surged more than 50% last week following billions of dollars of state-backed market interventions. The lira was also supported Read more
Turkey’s police has arrested Wednesday at Istanbul airport a US diplomat (US consulate in Beirut), suspected for issuing a fake passport for a Syrian national in exchange for $10,000, Daily Sabah reports. The diplomat, not identified according to the Turkish Read more
The World Bank has granted Turkey two loans worth $300 million to support the development of renewable energy by tapping heat sources deep underground as part of the Geothermal Development Project, Daily Sabah reports citing the Washington-based financial institution. The Read more
Turkish President Recep Tayyip Erdoğan and the founder of Tesla and space entrepreneur Elon Musk discussed an assortment of issues including long-term investments and improving existing cooperation, during a video conference Thursday. The discussion also according to the office of Read more
Mustafa Şentop, speaker of the Turkish parliament, Monday charged the West for being “patron of international terrorism”, reports say. Sentop made the comments while speaking to a panel on Islamophobia in Europe being held in the capital, Ankara, Middle East Read more
Turkey will reinforce 3,000 personnel from riot police units to Qatar in view of beefing up security during FIFA World Cup to be staged in the Gulf country, Minister Süleyman Soylu announced Thursday, according to Daily Sabah. “The discussions were Read more
Turkey and Qatar have agreed to extend for three years a currency swap agreement between their central banks, Daily Sabah reports, citing a joint statement by the two countries. Qatar and Turkey “welcomed the signing of the agreement on the Read more
Turkey’s national carrier, Turkish Airways has branded rubbish media that reports that it is planning to acquire controlling shares in Portugal’s ailing flag carrier TAP, Daily Sabah reports. The action came after Portuguese newspaper Negocios reported Monday citing diplomatic sources Read more
The Central Bank of the Republic of Turkey (CBRT) and the Central Bank of the United Arab Emirates (UAE) signed cooperation agreement between the two institutions on the sidelines of Abu Dhabi Crown Prince Mohammed bin Zayed’s visit to Ankara Read more