Turkey’s central bank on Friday reported that the country’s short-term external debt stock amounted to $114.6 billion as of the end of November 2019.
Turkey continues to be a haven for investors.
The overwhelming majority of our investment was in the private sector and half of it was in support of Turkey’s sustainability agenda, the country’s blueprint to implement the global development goals.”
Egypt’s public prosecutor’s office said on Thursday it had ordered the release of five people detained following a raid on Turkey’s state-owned Anadolu news agency office in Cairo, and the company confirmed one employee had been freed.
The development came a day after Turkey summoned a senior Egyptian diplomat to protest over the raid on Anadolu’s Cairo office and the detention of the four people.
Europe’s Bank for Reconstruction and Development (EBRD) expects to increase its €1 billion of investment in Turkey in the coming year.
Turkey has started to deploy troops to Libya in a bid to provide support to the Government of National Accord (GNA) led by Fayez al-Sarraj, Turkish President Recep Tayyip Erdogan said Thursday.
Turkey will issue new exploration licenses in the eastern Mediterranean now that it’s set a maritime border with Libya, President Recep Tayyip Erdogan said Thursday, a step liable to exacerbate strains with Greece and the European Union.
Turkey is beginning to send troops into Libya in support of the internationally recognised government in Tripoli, President Tayyip Erdogan said on Thursday, days before a summit in Berlin which will address the Libyan conflict.
…Turkey cut its benchmark interest rate for the fifth consecutive time in an effort to encourage more lending and boost economic growth, despite a recent acceleration in inflation. The central bank …