ANKARA (Reuters) – Mortgages with lower rates and longer maturities will be offered to middle income Turks looking to buy…
Egypt private sector activity continues to shrink in December -PMI
CAIRO (Reuters) – Activity in Egypt’s non-oil private sector contracted in December for the 25th straight month as inflation, a…
UAE non-oil private sector growth eases further in December -PMI
DUBAI (Reuters) – Growth in the non-oil private sector in the United Arab Emirates slowed for a second consecutive month…
Turkey’s inflation drops to 64.27% in December due to base effect
ISTANBUL (Reuters) – Turkish annual inflation slid to 64.27% in December, official data showed on Tuesday, below forecast, dropping because…
Saudi non-oil private sector activity eases in December
DUBAI (Reuters) – Growth in Saudi Arabia’s non-oil business activity slowed to a three-month low in December, a survey showed…
Bank of Israel raises key rate, seeks fiscal restraint from new govt
By Steven Scheer and Ari Rabinovitch JERUSALEM (Reuters) -The Bank of Israel raised its benchmark interest rate by half a…
Turkish 2022 trade deficit leaps 138% to $110.2 billion -ministry
ISTANBUL (Reuters) – The Turkish trade deficit widened 138.4% from the previous year to $110.19 billion in 2022, the Trade…
Syria weakens official exchange rate
DAMASCUS (Reuters) – Syria weakened its official exchange rate to 4,522 Syrian pounds to the dollar, a central bank statement…
Dubai scraps 30% tax on alcohol sales amid economic rebound
DUBAI (Reuters) – Dubai has suspended a tax of 30% on alcohol and dropped a licence fee previously needed to…
Turkish factory activity contracts in Dec but shows improvement -PMI
ISTANBUL (Reuters) – Turkish factory activity contracted for the 10th month running in December but showed some signs of improvement…