money
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Turkish Banking Sector Posts TRY 87.2 Billion Net Profit in January
Ankara – The Turkish banking sector recorded a net profit of 87.249 billion lira in January, according to data released…
Read More » - UAE

UAE Residents Rapidly Shift to Digital Apps for Safer, Faster Money Transfers
Banks to apps: How UAE residents are shifting to faster, safer digital money transfers For years, sending money abroad in…
Read More » - Business

U.S. Investors Shift Toward Money Market Funds
Bank of America Corp. (BofA) reports that money market funds have seen their largest inflows since January, while investment-grade and…
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CBRT: July Data Indicates Temporary Rise in Monthly Inflation
Ankara, Turkey — The Central Bank of the Republic of Turkey (CBRT) has released the summary of its Monetary Policy…
Read More » - UAE

Emirates NBD to Introduce Remittance Fees, Shifting UAE Banking Landscape
Emirates NBD, Dubai’s largest bank by assets, will start charging fees for international transfers made through its app or online…
Read More » - Turkiye

Turkish Central Bank Issues New 10 and 100 Lira Banknotes with Updated Signatures
The Turkish Central Bank has introduced new 10 and 100 lira banknotes, which officially entered circulation as of Feb. 24,…
Read More » - Markets

Türkiye sees 2.6% rise in July foreign tourist arrivals
Foreign tourist arrivals in Türkiye increased by 2.6% year-on-year to 7.3 million in July, according to official data released on…
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Euro zone inflation expectations remain unchanged for 3rd consecutive month
Euro zone consumers’ inflation expectations for the next year held steady for the third consecutive month, according to the European…
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Oil prices up following Fed’s green light on interest rate cuts
Oil prices increased on Friday driven by the US Federal Reserve’s (Fed) indication of potential interest rate cuts and the…
Read More » - Business

US stocks higher before Fed Chair Powell’s speech
Major US stock exchanges opened higher Friday ahead of Federal Reserve Chair Jerome Powell’s speech. The Dow Jones Industrial Average…
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