Always vociferous in its support for the Palestinian cause, the UAE has drawn the line at supporting an oil embargo, as proposed by Iraq in early April.
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Economic Update | UAE Joins Support for Palestinians
22 Jul 2010
Economic Update | UAE Diversifies Away From Oil
22 Jul 2010
Despite the recent rises in oil prices since the start of 2002, the oil-producing nations of the Arabian Gulf appreciate that they must increase their efforts to diversify their economies, with Dubai...
Economic Update | World Bank Releases Loan to Turkey
22 Jul 2010
Following the IMF’s most recent loans to Turkey, the World Bank has approved a $1.35m loan to strengthen the country’s economy.
Economic Update | Turkey Divided Over Middle East Conflict
22 Jul 2010
Official reactions in Turkey to Israeli action in the West Bank underline the contradictory nature of Ankara’s position in Middle East affairs.
Economic Update | IMF Loans Turkey Yet More Money
22 Jul 2010
The International Monetary Fund approved a further $1.1bn loan tranche for Turkey on April 15th amidst reports cautioning that economic indicators were not showing signs of recovery.
Economic Update | Turkey - Greece Pipeline Deal Underway
22 Jul 2010
In a landmark agreement between the two traditionally hostile neighbours Turkey and Greece have signed an agreement to construct a $300m natural gas pipeline from the north western Turkish city of...