January 10, 2017

Turkish Banks forecasted to get hit by bad credits

International credit rating agency Moody’s Monday forecast that Turkish banking sector profits will be hit significantly in 2017 by rising non-performing loans.  “We expect asset quality […]
January 12, 2017

Turkey, Israel seek ways to expand Free Trade Agreement

As normalization gains momentum, Turkey is preparing to expand the scope of Free Trade Agreement (FTA) with Israel according to Turkish government sources. Under the current FTA, […]
January 12, 2017

Standard & Poor’s eyes to register its Russian branch

Standard & Poor’s international rating agency sent documents to the Bank of Russia at the turn of December 2016 for registration of a branch in Russia, […]
January 12, 2017

UAE to invest $160bn in clean energy

The UAE has announced plans to invest up to Dhs600bn as part of its Energy Plan 2050 which focusses on generating power from clean energy sources. […]