Riyadh, Saudi Arabia - Saudi EXIM Bank signed line of credit agreements worth $51 million with Türkiye Finans Katılım Bankası A.Ş. and Albaraka Türk Katilim Bankasi A.S. The agreement is likely to help boost trade between the two countries and facilitate the flow of Saudi non-oil exports to the Turkish...

Ankara, Turkey - Drinkers are getting into something of a fizz over Turkish sparkling wine. "We are selling out very quickly. We cannot meet the growing demand especially as the New Year (celebrations) near," said Candas Misir of the Vinkara winery an hour from Ankara. When it comes to celebrating a...

Turkey is suffering the worst bout of inflation of President Recep Tayyip Erdogan's two-decade rule. The official annual inflation rate peaked at 85 percent in October last year and climbed back up above 60 percent in September. After winning a May election, Erdogan appointed a new team of market-friendly economists...

Beirut, Lebanon - A Syrian Kurdish armed group attacked an area controlled by pro-Turkish fighters in rebel-held northern Syria on Monday, killing at least 14, a war monitor and a factional leader said. The Kurdish Afrin Liberation Forces took advantage of factional fighting that broke out after midnight on the outskirts...

The 50 percent stake was acquired for $490m.

With the war in Ukraine still raging, Russian President Vladimir Putin travels Tuesday to Tehran for talks with his Iranian and Turkish counterparts on the Syria conflict. Russia, Turkey and Iran have in recent years met to discuss Syria as part of the so-called "Astana peace process" to end more...

The Ministry of Energy and Mineral Resources on Sunday inked an MoU with a local company to explore for copper in the Dana region of Jordan's south. Another MoU with a Turkish company was signed to explore for gold in the Abu Khashiba region, also south, media reports said. The...

While not verified, the claims by Russia provided some much-needed relief for investors, who had grown increasingly fearful of a conflict in Eastern Europe.

The Turkish lira sank further on Thursday as the central bank slashed interest rates for the third consecutive month following pressure to do so from President Recep Tayyip Erdogan.

Aden became the first contestant in a US state beauty pageant in 2016 to wear a hijab and a burkini.

Aramex, the Dubai-listed courier agency, is in talks with MNG Kargo, the Turkish delivery company, to buy it completely for close to $500 million.

With over 27 percent of the vote, conservative DISY remained the largest force in parliament