Asli Kandemir and Beril Akman, Bloomberg News The cost of commercial loans in Turkey fell below the interest rates on lira deposits for the first time since 2019, as the world’s most aggressive easing cycle and new regulations make loans for businesses cheaper. Nice Credit If You Can Get It in Turkey’s Micromanaged Economy The …
Some Turkish Banks Are Now Literally Giving Out Free Money – BNN Bloomberg Read More »
The Al Nahyan family owns Manchester City Football Club, a dozen or so palaces and invested big in SpaceX and Savage X Fenty. In a region where opulence is on full display, Sheikh Tahnoon bin Zayed Al Nahyan keeps a low profile belying his importance. That doesn’t stop the whispers about the Abu Dhabi royal, who’s also …
Secretive Gulf Family’s $300 Billion Fortune Is About More Than Oil – Bloomberg.com Read More »
Sıtkı Ayan, the businessman helping Tehran sell oil, has so far dodged US sanctions. On March 22 of 2021, several of the world’s most dangerous men descended on Beirut’s historic seaside Summerland Hotel — not to swim in the Mediterranean or explore the sumptuous resort’s “Le Beach Pop Up,” but to talk Turkey. The meeting …
The Turkish connection: How Erdoğan’s confidant helped Iran finance terror – POLITICO Read More »
In his 2013 speech in Tusványos, PM Viktor Orbán mentioned Turkey as an example of an illiberal democracy. Since then, Hungary has not only moved closer to Ankara in ideological terms, but trade between the two countries has also increased significantly. More recently, the Turks have also been involved in the development of the Hungarian …
Egypt and Greece are calling on Turkey and Libya to scrap an energy exploration agreement that critics say violates exclusive economic zones off the Mediterranean coast. In a nutshell On October 3, Libya and Turkey signed yet another memorandum of understanding (MoU) regarding future bilateral scientific, technical, legal, administrative and trade cooperation on land and …
Turkey-Libya energy accord riles Mediterranean waters – GIS Read More »
Turkish Foreign Minister Mevlüt Çavuşoğlu said at a Tuesday parliamentary committee meeting on his ministry’s 2023 budget that a maritime agreement signed between Turkey and Libya in 2019 is merely a memorandum and that it can’t be approved by the Libyan parliament. Main opposition lawmaker and former ambassador Ünal Çeviköz had asked the minister what …
The idea is to build two gas pipelines, in addition to the current pipeline with Italy: one to connect the North African country to Greece through the Mediterranean, while the other should reach the gas terminals of Damietta, Egypt, approximately 200 kilometers north of Cairo La Libya is studying a new, ambitious project that could …
Egypt-Libya-Greece gas pipeline: a new alternative route for blue gold? | Nova News Read More »