Turkey’s economic team holds first investor meeting since policy U-turn
Turkey’s new-look economic team met for the first time with international investors on Friday, with questions over how far it will hike interest rates to…
Tag: FINANCE
AFRICA, BUSINESS, COP, ENERGY, ENVIRONMENT, EUROPE, FINANCE, FOOD, HEALTH, INTERNATIONAL, MENA, SCIENCE, TECHNOLOGY
Development banks can boost lending by $200 bln – Paris summit
PARIS – Multilateral development banks are expected to unlock $200 billion in extra firepower for emerging economies by running their balance sheets more tightly and…
Bahrain’s Mumtalakat extends McLaren group stake
Bahrain’s state investment fund Mumtalakat said on Thursday it has bought the senior preference shareholder stakes in McLaren Group, as part of a proposed broader…
Turkey expects Gulf investments after top-level UAE visit -sources
ANKARA – Turkey expects the United Arab Emirates (UAE) and Saudi Arabia to invest in its energy and defence sectors after negotiations in Abu Dhabi…
Brexit an ‘economic disaster’ for UK and German trade – DIHK
BERLIN – Brexit has been an “economic disaster” for trade and investment ties between the United Kingdom and Germany, leading to a fall in German…
Scientists fight claim EU nature law hurts farmers
BRUSSELS – Claims by centre-right lawmakers that the EU’s flagship bill to restore nature will hurt farmers and endanger food security are not supported by…
Security alert Altcoins worth $100 billion dropped in hot water
A slew of altcoins – a catch-all for most cryptocurrencies except bitcoin and ether – have been harpooned in lawsuits filed by U.S. regulators against exchanges Binance…
Chinese investors travel to Riyadh conference seeking new markets, capital
HONG KONG/RIYADH Chinese entrepreneurs and investors are travelling to Riyadh this week to attend a business conference, which will bring together business and government leaders…
Gulf states demand Netflix pull content deemed offensive
Signage at the Netflix booth is seen on the convention floor at Comic-Con International in San Diego, California, U.S., July 21, 2022. REUTERS/Bing Guan/File Photo…
Saudi GDP up 12.2% in second quarter, exceeding initial estimate
A view shows vehicles driving on a street in Riyadh, Saudi Arabia February 16, 2021. Saudi Arabia’s real gross domestic product expanded by 12.2% in…