economy
- Turkiye
Turkish Treasury posts $47.8 Billion cash deficit in January-September
Treasury’s interest payments amounted to $26.3B in 9 months of 2024, Treasury and Finance Ministry says The Turkish Treasury’s cash…
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UAE’s DMCC, CV VC collaborate to enhance regional Web3 ecosystem growth
Both organizations will enhance their ecosystems through collaboration, including workshops, resource sharing, and joint events The Dubai Multi Commodities Centre…
Read More » - Turkiye
Turkish Banking Sector Reports $11.3 Billion Profit, Assets Rise by 26% in First Eight Months of 2024
The Turkish banking sector’s net profit stood at 382.77 billion Turkish Liras ($11.3 billion) in January-August, the country’s banking watchdog…
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Borsa Istanbul Closes the Day with a 1.14% Decline: BIST 100 Index on September 30, 2024
BIST 100 Index Ends September 30, 2024, with a 1.14% Decline Borsa Istanbul’s BIST 100 index experienced a notable drop…
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Turkiye’s October Economic Agenda: Key Reports and Developments Await
October’s Economic Agenda Packed with Key Reports and Developments As October unfolds, Turkiye’s economy faces a series of pivotal updates…
Read More » - UAE
Rising Demand for Infrastructure in UAE to Drive Up Construction Costs by 2-5% Annually, Reports Currie & Brown
Increased demand for infrastructure will put pressure on construction costs, particularly in the hotel and leisure sectors, stated Currie &…
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Isbank CEO Hakan Aran Expects Interest Rate Cuts by November
Isbank CEO Hakan Aran Predicts Interest Rate Cuts by November In a recent interview with CNBC-e, Hakan Aran, CEO of…
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Gold Price Increases: Kilogram Value Reaches ₺3.05 Million
Gold Price Per Kilogram Increases to ₺3.05 Million in Istanbul Precious Metals Market The price of gold continues its upward…
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Gold Prices Near Record High: Gram and Quarter Gold Rates as of September 27, 2024
Gold Prices Near Record Highs Amid Fed Rate Cut Expectations Gold prices continue to hover near record levels as investors…
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CBRT Reserves Hit Record High of $156.4 Billion on September 26, 2024
Total reserves at the Central Bank of Turkiye increased by $2.8 billion last week, reaching an all-time high of $156.4…
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