Breaking News

Egypt postpones capital gains tax for 2 years

The Egyptian government on Monday postponed implementation of a planned capital-gains tax for a two-year period in order to maintain the competitiveness of the...

PC shipments decline in Middle East: IDC

Companies making switch to Windows 10 from Windows 8 rather than buying new PCs, International Data Corporation says ANKARA –...

Greece and creditors agree to bailout deal

Greek Finance Ministry announces deal has been reached with institutional creditorsANKARA - Greece and its institutional creditors have come to an agreement on...

UPDATE – Turkey: Q2 GDP increased 3.8 percent at constant prices

GDP rose 3.8 percent at constant prices and 12.6 percent at current prices, TurkStat reportsADDS DETAILS AND ANALYST COMMENTANKARA - Turkish gross domestic product...

KRG denies arbitration claims of Dana Gas

Dana Gas wins arbitration award against Kurdistan Regional Government, but results are disputed between the two partiesANKARA - The Kurdistan Regional Government (KRG) on...

Turkey: Better credit terms for education, furniture

Turkish banking watchdog is planning to increase the number of credit card installments for education, furniture and white goodsANKARA - Consumers in Turkey...

US stock market opens higher

Number of people filing for unemployment insurance for first time is at lowest level since October 2015NEW YORK - The U.S. stock market...

Mediterranean energy demand ‘to rise by 50 pct’

- Istanbul energy forum hears that a diverse range of southern Mediterranean states will turn to a mix of gas, coal and nuclear ISTANBUL -...

Prince Harry Declares No One Wants To Be King Or Queen

According to an interview with a US magazine, Prince Harry said that no on in the British Royal Family wants to be King or...

Fitch upgrades Greece as bailout improves outlook

Bailout has reduced risk and eases strain on Greek economy, Fitch Ratings saysANKARA - Fitch Ratings has upgraded its credit rating for Greece,...

Russian central bank holds interest rates at 11 percent

Bank expresses concern for ruble's 45 percent drop against the US dollar this yearANKARA - The Bank of Russia held interest rates unchanged...

Turkish minister: Russia breaks civil aviation rules

Russian ban on visas to Turkish flight crews 'incompatible with international aviation rules,' Transportation minister saysANKARA - The Russian government decision to refuse visas...

Plug on Sexual Abuse movie pulled by Channing Tatum, Ties cut with Weinstein Company

Following the revelations of the scandal of sexual assault of Harvey Weinstein Channing Tatum, popular actor and producer is abandoning his movie with the...

Germany: Exit from euro should be possible, experts say

Means required for overly indebted countries like Greece to leave single currency, panel of German economic experts proposesBERLIN - A mechanism is required to...

BREAKING NEWS