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 number of UAE nationals visiting Turkey increased by 11.28 per cent in the first two months of 2019 to 3,975, according to the latest data released by the Turkish Consulate General Cultural and Info Office in Dubai.
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.
A Turkish court on Tuesday starts the trial of a US consulate staffer accused of spying and attempting to overthrow the government in one of several cases fuelling tensions between the United States and its NATO ally.
Turkey’s Treasury has told the country’s top banks it expects them to buy more lira-denominated bonds, prompting bankers to ask the government to issue more longer-term debt, two bankers told Reuters on Tuesday.
The United States could soon freeze preparations for delivering F-35 fighter jets to Turkey, officials told Reuters, in what would be the strongest signal yet by Washington that Ankara cannot have both the advanced aircraft and Russia’s S-400 air defense system.
Turkey will honor its air defence deal with Russia, Ankara said on Friday after four US senators introduced a bill to ban the planned delivery of F-35 fighter jets if Turkey ignored US opposition and accepted the S-400 system.
Turkey has ordered the arrest of 176 serving military personnel over suspected links to the network which Ankara says was behind an attempted coup three years ago, the Istanbul chief prosecutors’
One of two rockets fired hit a house and “lightly wounded” five in the town of Ceylanpinar in Sanliurfa province on Monday night, the provincial governor’s office said in a statement.