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Turkish Stocks Enjoy World’s Biggest Rally on Fading Iran Fears

(Bloomberg) --Turkish stocks rose the most among all major equity markets worldwide on Thursday as investors’ concerns over a possible escalation in tensions between...
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dubai property market; uae real estate developers; property markets;

Middle East Markets Retreat as Investors Steer Clear of Most-at-Risk Region

(Bloomberg) --Middle Eastern markets can hardly be accused of complacency over the latest surge in regional tensions, even if global investors are taking a...
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Turkey Presents Prototypes in $3.7 Billion Car Project

(Bloomberg) -- Turkey unveiled prototypes for its “domestic car” project on Friday, as the government announced sweeping incentives to back President Recep Tayyip Erdogan’s...
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Muslim Nations Mull Barter System as Hedge on Sanctions: Report

(Bloomberg) --Malaysia’s prime minister floated the idea of a barter system for Islamic countries to protect their economies against potential future sanctions, Reuters reported. Speaking...
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Top Turkey Bankers Say They Were Fired on Regulators’ Orders

(Bloomberg) --Turkish authorities have extended their campaign against perceived political enemies into the $750 billion financial industry. Eleven former senior executives of non-state banks told...
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Turkey Surprises With Big Rate Cut Again as Erdogan Won’t Let Up

(Bloomberg) -- The Turkish central bank delivered another interest-rate cut that exceeded forecasts, emboldened by the lira’s stability and egged on by President Recep...
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globalization

A Pivotal Week Confronts Emerging Markets as Traders Look to 2020

(Bloomberg) --It may come down to the will of central banks, trade negotiators and voters this week to set the tone for emerging markets...
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Turkish Economy Loses Momentum as Politics Dent Recovery

(Bloomberg) -- Turkey’s economy lost some of its momentum in the third quarter as political uncertainty and heightened fear of U.S. sanctions hurt a...
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Morgan Stanley among investors buying stake in Turkish drugmaker

(Bloomberg) --Morgan Stanley and a group of investors are close to buying 30% of Turkish drugmaker Sanovel Ilac Sanayi ve Ticaret AS, according to...
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Oman

Vacation-mode: Where are UAE holidayers heading to?

This holiday season, UAE residents are escaping to regional destinations such as Middle East and Levant countries, a new report by Dubai-based online flight...
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