The last couple of weeks have seen some good news for Turkey, including the slow but steady depreciation of the Turkish Lira against hard currencies, which has helped boost exports- total exports...
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Economic Update | Mixed News for Turkish Economy
22 Jul 2010
Economic Update | Istanbul Hosts EU-OIC Summit
22 Jul 2010
A two-day summit in Istanbul between the foreign ministers of European countries and those of the Organisation of Islamic Conference (OIC) ended on February 12th with calls for a two-state solution...
Economic Update | Turkey’s Telsim in Court Case
22 Jul 2010
The world's two largest mobile-phone makers Motorola and Nokia on January 28th jointly filed a law suit in a New York federal court against Turkey's second largest mobile-phone operator Telsim.
Economic Update | Foreign Investment in Azerbaijan Increases
22 Jul 2010
Foreign Investment in Azerbaijan increased 17.1% in 2001 to $783m, according to an announcement by the State Statistics Committee in mid-January.
Economic Update | Azerbaijan Caught in the Middle
22 Jul 2010
As a former member of the Soviet Union, Azerbaijan remains in what Russia would regard its sphere of influence, but culturally Azeris are far closer to the NATO-member Turks.
Economic Update | Money Laundering Law Adopted in UAE
22 Jul 2010
On January 22nd, the United Arab Emirates introduced a new law to combat money laundering. This came after the cabinet approved the measure in mid-October following revelations that much of the...