The Middle East

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The Turkish Republic Central Bank (TCMB) has decided to raise interest rates and revise its inflation targets for the coming three years.
The need for better regulations within the Northern Emirates' booming construction sector has been highlighted by a tragic construction accident in Ajman last week.
While Qatar's stellar growth looks set to continue, the increasing presence of inflation on the fiscal horizon is beginning to take effect.
The proposed expansion of the European Bank of Reconstruction and Development's (EBRD) operations to Turkey marks a significant turning point for the Bank and could provide the country with an additional source of international credit.
Abu Dhabi's long history as a trading power lives on, with non-oil exports reaching all-time highs and a free trade deal with the European Union (EU) set to be finalised by the end of the year.
With power shortages causing delays in development projects and threatening to hamper economic growth in the Northern Emirates, officials are now calling for a national energy distribution network.

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