Industrial production on a calendar-adjusted basis contracted 3.9 per cent year-on-year in June. Reuters
One in every eight Turkish lira is now generated by the nation’s travel and tourism sector. According to a recent report, the tourism sector contributed TL461.3 billion ($95.6 billion) to the country’s economy in 2018,
Turkey predicts annual real economic growth at 4.3% on average between 2019-2023, it said on Monday in an ambitious five-year development plan promising efficiency and competitiveness.
The Turkish economy shrank sharply year on year for the second straight quarter in early 2019, laying bare the impact of a punishing currency crisis and soaring inflation and interest rates against a tense political backdrop.
Turkish borrowing costs have begun falling after the central bank slashed interest rates last week, but companies say more monetary stimulus and bank lending will be needed to kick-start the recession-hit economy after last year’s currency crisis.
Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, emphasised that Foreign Direct Investment flows into Dubai in 2019 continued to grow remarkably,
The United States and India are racing to negotiate a limited trade deal that US President Donald Trump and Indian Prime Minister Narendra Modi can sign at the United Nations General Assembly in New York at the end of September,
The inaugural edition of the EuroTier Middle East 2019 that concluded at the Abu Dhabi National Exhibition Center recently facilitated trade deals worth Dhs100 million, and attracted over 10,892 visitors during its three-day run,