The Middle East

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While a number of IPOs have been postponed in the wake of the Istanbul Stock Exchange's steady slide this year, the record-breaking sale of a 15% stake in Turk Telekom will act as a boon for the bourse despite reservations surrounding the low pricing of the shares.
Recently released government statistics show the tourism sector in the Northern Emirates enjoying healthy growth, and officials are predicting the number of visitors to the region will continue to increase in the coming years.
Qatari authorities are considering beefing up lending restrictions for residential and commercial mortgages as a means of taking some of the heat out of the real estate market, while reinforcing codes of conduct and improving consumer protection.
In line with the US Federal Reserve (Fed), Abu Dhabi has once again cut its interest rates, spurring further concerns about inflation and raising questions about maintaining the dollar peg.
Turkey is set to become a launch pad for China's rapidly growing car industry as it attempts to establish a presence in European markets, signalling growing confidence in the country's already strong automotive sector.
Ras Al Khaimah (RAK) is said to be looking to take advantage of the UAE dirham's current liquidity by entering the sovereign debt market.

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