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Deniz Bank becomes Turkey’s 12th bank with Arab stake ownership: report

The transfer of 99.85 percent of Deniz Bank shares to the Dubai-based Emirates NBD bank has been completed, Deutsche Welle Turkish service reported on Wednesday, making...

Turkey, Qatar object to US designation of Iran’s military as terrorist group: report

Qatar and Turkey have voiced objections to Washington’s decision to designate Iran’s Islamic Revolutionary Guard Corps (IRGC) as a terrorist group, the pro-government NTV reported, according to...

Turkish Airlines denies claim of sale to Qatar

Turkey’s flag carrier Turkish Airlines (THY) on Thursday denied claims on social media that the airline has been sold to Qatar. The Prime Ministry Privatization...

Erdoğan: Historic sites in Istanbul to be demolished for reconstruction

Turkish President Recep Tayyip Erdoğan said in a TV interview on Sunday that some of the historic buildings on İstanbul’s famous peninsula will be...

Turkey-Qatar trade hits $2 billion in 2018 as Gulf rift drags on: report

Trade between Qatar and Turkey is expected to have hit $2 billion in 2018, a Turkish official said, up 54 percent from the previous...

Foreigners snapping up İstanbul’s iconic waterside mansions due to weak lira

Rich Middle Easterners, in particular Qataris, are interested in purchasing İstanbul’s iconic waterside mansions – yalı in Turkish – near the Bosporus, especially since...

Turkey summons Saudi ambassador over dissident journalist’s disappearance

Turkey’s foreign ministry on Wednesday summoned Saudi Arabia’s ambassador for consultations over the disappearance of journalist Jamal Khashoggi after he entered the Saudi consulate...

Erdoğan says Al Thani gifted jet not to him personally but to Turkey

Turkish President Recep Tayyip Erdoğan has said Qatari Emir Tamim bin Hamad Al Thani presented his specially equipped Boeing 747-8 not to him personally...

Dutch bank forecasts Turkish economy will shrink 3 percent in 2019

Turkey will face a severe economic crisis in 2019 that will result in a contraction of the economy by 3 percent and further the...

US nat’l security advisor: Qatari cash infusion will not help Ankara’s economy

Turkey could end its lira-battering crisis with the United States “instantly” by freeing a detained American pastor, President Donald Trump’s national security adviser said,...

Qatar and Turkey central banks sign swap agreement: report

Qatar and Turkey’s central banks have signed a currency swap agreement to provide liquidity and support for financial stability, Qatar’s central bank said on...

Qatar pledges to make $15 billion investment in Turkey

Qatar has pledged $15 billion of investment in Turkey that will be channeled into Turkish financial markets and banks, Reuters reported, citing a government...

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