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News
ECI and Euler Hermes sign MoU to strengthen UAE-Germany export credit cooperation
18+ hour, 43+ min ago (381+ words) Zawya ECI and Euler Hermes sign MoU to strengthen UAE-Germany export credit cooperation Focused on the joint support and risk mitigation of international export and infrastructure projects Etihad Credit Insurance (ECI), the UAE’s federal export credit company, has signed a…...
Turkey central bank keeps key interest rate at 37%
3+ day, 15+ hour ago (230+ words) Turkey's central bank left its key interest rate at 37% on Thursday, as expected, keeping it unchanged for a fifth consecutive meeting as it continues to monitor the inflation impact of the Iran war. In a Reuters poll, sixteen of 17 economists…...
Turkey's economic confidence rises above key threshold in August
1+ week, 6+ day ago (139+ words) ISTANBUL: Türkiye’s economic confidence index rose above the 100-point threshold in August, official data showed. The index increased 0.8% from the previous month to 100.6, up from 99.8 in July, according to the Turkish Statistical Institute (TurkStat). A reading above 100 indicates optimism regarding…...
Turkey????s exports hit record July high of $25.6bln: TurkStat
2+ week, 3+ hour ago (310+ words) ISTANBUL: Türkiye’s exports rose 2.9% year-on-year to $25.62 billion in July, marking the country’s highest-ever export figure for the month, according to official data. The figure also represented Türkiye’s second-highest monthly export value on record, Trade Minister Omer Bolat said in a…...
Ras Al Khaimah Chamber explores new opportunities for trade and investment during the UAE-Lebanon Business Forum
2+ week, 2+ day ago (308+ words) United Arab Emirates, Ras Al Khaimah Chamber of Commerce and Industry explores new prospects during its participation with the UAE’s official delegation in the UAE-Lebanon Business Forum. His... Ras Al Khaimah Chamber explores new opportunities for trade and investment during…...
Turkish lira overnight interest rates drop 300bp, as central bank resumes repo auctions
2+ week, 4+ day ago (162+ words) Zawya Turkish lira overnight interest rates drop 300bp, as central bank resumes repo auctions The Turkish lira overnight interest rate, which had remained at around 40% since the start of the conflict, fell to 36.94% on Monday ISTANBUL: The Turkish lira overnight interest…...
Al Dahra, Abu Dhabi Exports Office, and Egypt’s GASC move from framework to execution with five-year wheat supply agreement
2+ week, 4+ day ago (304+ words) Valued at up to US$500 million over five years, the agreement formalises the implementation of the framework announced in August 2023, translating a strategic commitment into a long-term operational wheat supply arrangement. For its part, ADEX reaffirmed its commitment to leveraging…...
Moody's lifts Pakistan sovereign rating to B3 from Caa1
2+ week, 6+ day ago (70+ words) Zawya Moody's lifts Pakistan sovereign rating to B3 from Caa1 The agency maintained the country's outlook at 'stable' Global ratings agency Moody's lifted Pakistan's sovereign rating to 'B3' from 'Caa1' on Monday, citing improvements in governance and easing external vulnerability risks. The agency maintained…...
UAE and West Asia leaders to take the stage at Asia's Largest impact investment gathering, AVPN Global Conference 2026
3+ week, 4+ day ago (338+ words) ABU DHABI – Senior leaders from the UAE and wider West Asia region will take part in the AVPN Global Conference 2026, Asia's largest gathering of social leaders who direct funding toward solving social and environmental challenges, from healthcare and education to…...