2024-09-01 17:05:30 +0300

Gas Firm’s Hunt for Dollars Boosts Turkish Coffers to a Record

Bloomberg

By Kerim Karakaya

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The Turkish central bank is holding a record amount of dollar bills in its coffers, the outcome of foreign-exchange purchases made by a gas importer from domestic financial institutions.

#gas #bill #Turkish

Continue read on bloomberg.com

MarketsBy Tugce Ozsoy2024-08-08 11:48:20 +0300

Foreign ETF Investors Dial Back Bets Against Turkish Equities

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Foreign investors are bailing on their bearish wagers against...

#Turkish #eastnewsletter #etf #equity

MarketsBy Tugce Ozsoy2024-08-17 17:48:13 +0300

Turkish Bank Rally Accelerates as Earnings Impetus Draws Buyers

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Turkish bank shares are outpacing gains by non-financial stocks at...

#currency #Turkish #eastnewsletter #earningsmomentum

MarketsBy Tugce Ozsoy2024-08-25 16:30:24 +0300

Turkish Stock Rally Lures Biggest Foreign Inflows in a Year

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Overseas investors ramped up purchases of Turkish stocks at the...

#seekingprotection #fastestinflation #Turkish #eastnewsletter

MarketsBy Beril Akman2024-08-05 13:20:24 +0300

Turkish Foreign Reserves Jump After Russian Money Transfer

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Turkey’s official reserves rose the most since February, following a...

#Turkish #eastnewsletter #cashinjection #money

MarketsBy Tugce Ozsoy2024-08-18 14:27:20 +0300

Turkish Lira Tumbles After Central Bank Delivers Shock Rate Cut

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Turkey’s lira slumped to its lowest level in eight months after...

#ratecut #lira #eastnewsletter #shock

CryptocurrenciesBy Ben Bartenstein2024-09-01 11:02:19 +0300

Coinbase-Backed Crypto Firm Rain Financial Cuts Jobs

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Rain Financial Inc., one of the Middle East’s largest crypto...

#recentdownturn #eastnewsletter #rain #cryptoexchanges

MarketsBy Archana Narayanan2024-08-22 12:13:52 +0300

UAE Exchange Firm Al Ansari Picks Banks for Dubai Listing

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Al Ansari Exchange has picked EFG-Hermes and Emirates NBD Bank PJSC...

#eastnewsletter #emirate

MarketsBy Beril Akman2024-08-18 14:00:55 +0300

Turkey Delivers Shock Rate Cut Despite Inflation; Lira Plunges

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Turkey’s central bank delivered a shock cut to interest rates...

#inflation #currency #lira

MarketsBy Mirette Magdy2024-08-18 15:14:40 +0300

Egypt Names Hassan Abdalla as Acting Central Bank Governor

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Egypt named Hassan Abdalla, the chairman of one of the country’s...

#bankgovernor #hassan #mediagroups

MarketsBy Mirette Magdy2024-08-18 09:00:00 +0300

Egypt Is Adrift on Rates After Governor’s Shock Exit: Day Guide

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Egypt’s monetary policy is up in the air after the shock resignation...

#eastnewsletter #bankgovernor #shock #resignation

PoliticsBy Beril Akman2024-08-22 11:22:17 +0300

Erdogan Joins Top Turkey Officials Seeing Better Syria Ties

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. President Recep Tayyip Erdogan has become the latest top Turkish...

#president #government #syria #eastnewsletter

TechnologyBy Patrick Sykes2024-09-01 17:20:48 +0300

Turkey’s Drone Powerhouse to Double Capacity on Foreign Demand

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Baykar, the Turkish drone maker whose armed aircraft have been used...

#eastnewsletter #drone #Turkish #foreigndemand #aircraft

MarketsBy Daniel Avis2024-08-23 16:30:03 +0300

Bank of Israel on ‘Aggressive’ Path, Plans More Rate Hikes

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Israel will push ahead with its longest cycle of interest-rate hikes...

#inflation #eastnewsletter #DeputyGovernor #hike

MarketsBy Onur Ant2024-08-20 12:45:07 +0300

Turkey Pushes Banks to Keep Commercial Loan Interest Rates Low

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Turkey is pushing commercial lenders to slash interest rates charged...

#economy #commerciallenders #eastnewsletter #ratecut

TechnologyBy Kerim Karakaya2024-08-30 13:58:37 +0300

Turkey Says Fugitive Crypto CEO Arrested in Albania Over Fraud

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Turkey said Albanian police have arrested Fatih Ozer, the founder...

#ceo #police #cryptocurrency #eastnewsletter

PoliticsBy Selcan Hacaoglu2024-08-23 11:34:51 +0300

Turkey Says Won’t Buy F-16s From US If Conditions Imposed on Use

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Turkey won’t buy F-16 warplanes from the US if restrictions are...

#mevlutcavusoglu #eastnewsletter #warplane

MarketsBy Abdel Latif Wahba2024-08-17 12:26:25 +0300

Egypt’s Central Bank Governor Amer Resigns, Ahram Reports

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Egyptian President Abdel-Fattah El-Sisi accepted the resignation of...

#president #eastnewsletter #governor

PoliticsBy Ap2024-08-21 11:00:27 +0300

Turkey: Crashes at Emergency Sites Kill At Least 35 People

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Istanbul (AP) -- Turkish authorities on Sunday investigated a pair...

#emergency #eastnewsletter #crash #firstresponders

MarketsBy Daniel Avis2024-08-23 11:50:56 +0300

Outlier Breaks With Citi, Goldman, Sees End to Israel Rate Hikes

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Citigroup Inc. and Goldman Sachs Group Inc. predict Israel’s longest...

#eastnewsletter #biggestincrease #hike #sachs #centralbank

MarketsBy Abeer Abu Omar2024-08-16 17:16:31 +0300

Gulf Petro-States End Monthslong Drought in Treasury Purchases

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Two of the richest petrostates are wading back into the world’s most...

#eastnewsletter #treasury #bondmarket