Tag: Middle East
Turkey’s deal with UAE to build foreign exchange reserves
The Turkish central bank says it and the United Arab Emirates have agreed to a currency swap deal equivalent to $4.74 billion to boost Turkey’s deplet [...]
Turkish Finance Minister Sees Single-Digit Inflation by Mid-2023 | Investing News
ISTANBUL (Reuters) -Turkey's annual inflation rate will be in single digits by the time presidential and parliamentary elections set for mid-2023 are [...]
Turkey’s Cenbank Says Forex Rule Won’t Burden Exporters – Sources | Investing News
ISTANBUL (Reuters) - Turkish exporters have told the Central Bank they may struggle to meet a new requirement for them to sell 25% of their hard cu [...]
Turkey’s Cenbank Says Forex Rule Won’t Burden Exporters – Sources | Investing News
ISTANBUL (Reuters) - Turkish exporters have told the Central Bank they may struggle to meet a new requirement for them to sell 25% of their hard cu [...]
Bank of Israel Bought $4 Billion of FX in Nov, Hits $34 Billion in 2021 | Investing News
JERUSALEM (Reuters) - The Bank of Israel said on Tuesday it bought $4 billion of foreign currency in November, its highest monthly amount since May [...]
Erdogan says he hopes volatile Turkish lira will steady soon | Business and Economy News
Turkish president promises to continue his policy of low interest rates despite massive plunge in the Turkish currency.Turkish President Recep Tayy [...]
Dubai Airports CEO on travel recovery, passenger numbers
The air travel industry is "not quite out of the woods" — but the future could be brighter than the last 20 months, says Paul Griffiths, the chief [...]
Dubai Air Show 2021: Here’s what to expect
Karim Sahib | AFP | Getty ImagesDUBAI, United Arab Emirates — Dubai's last international air show, in November of 2019, feels like another era.Just [...]
EMERGING MARKETS-Stocks, FX gain on relief over China Evergrande woes
* Turkish lira hits new low, among worst EM performers this week* Russian rouble trades around 3-month highs* Chinese property stocks, bonds gainOc [...]
EMERGING MARKETS-FX recovers, Hungarian forint up ahead of central bank meeting
* Chinese yuan at 4-month high* Hungarian c.bank expected to hike by 15 points* Polish zloty under pressure from EU rowOct 19 (Reuters) - Hungary’s [...]
Ain Dubai, the world’s largest ferris wheel, is opening in Dubai
Ferris wheels were once the center of the town fair. Now they are key parts of major metropolitan skylines.But none can top the heights of the Ain [...]
UAE declares 50 tasks to spice up financial system, companies await particulars
Commuters drive alongside Sheikh Zayed Street previous business and residential properties in Dubai, United Arab Emirates.Christopher Pike | Bloomb [...]
These are the brand new UNESCO World Heritage Websites for 2020 and 2021
From the bathtub cities of Europe to a desert with the world's oldest mummies, 34 new websites at the moment are a part of UNESCO's World Heritage [...]
Texas and Florida become involved in Israel’s struggle with Ben & Jerry’s over West Financial institution boycott
A view of the doorway of the ice-cream store contained in the Ben & Jerry's manufacturing facility in Be'er Tuvia in southern Israel, on July 2 [...]
Abu Dhabi will bar unvaccinated from almost all public locations, colleges
DUBAI, United Arab Emirates — Abu Dhabi will deny entry into almost all public areas, in addition to colleges, to people who find themselves unvacc [...]