The lira plummeted to yet another all-time low against the US dollar and the Euro. Despite overall stability in global gold prices, gold prices also reached record highs. Following the second round of the presidential election on May 28, the Turkish l…
Increased construction costs and increased demand led housing prices to continue their upward trend during the fourth quarter of 2022, with the Residential Property Price Index (RPPI) up by 6.6% year-on-year, compared to a 6.3% y-o-y increase recorded…
Prime Minister Muhammad Al-Sudani affirmed: “The port of Al-Faw is an existing project, not an idea, and the level of implementation is taking place according to plan.”Al-Sudani said in a press conference: “We aim to create partnerships with countries …
Total new loans recorded a decrease to pound 473.9 million in April 2023, compared with pound 922.5 million in the previous month, the Central Bank of Cyprus said in a press release on Tuesday.The CBC released the statistics on interest rates applied …
The economy of Cyprus is expected to slow to around 2.5% in 2023, reflecting an erosion in household incomes, tighter financial conditions, and delayed impacts from sanctions against Russia, International Monetary Fund forecasts, after the conclusion …
The World Bank revised up its Turkish economic growth expectations for 2023 and 2024, according to its Global Economic Prospects June report released Tuesday.The Turkish economy is now forecast to grow 3.2% this year and 4.3% next year, up 0.5 and 0.3…