Egypt, Turkey hold firm on interest rates

Turkish President Recep Tayyip Erdogan is adamantly opposed to raising interest rates, but some observers expected Egypt to raise rates in line with Gulf banks and the US Federal Reserve.

Egypt

Turkey says no evidence Ukrainian grains stolen by Russia reached its shores

Turkey is being lobbied by the UK to discuss the safe shipping of Ukrainian grain due to looming global shortages but denies any has reached its ports.

Turkey

Israeli FM Lapid gets warm welcome in Ankara

Israeli Foreign Minister Yair Lapid is the latest regional leader to be greeted in Ankara as Turkey takes a fresh approach to its regional ties.

Turkey

NATO blinks as Turkey maintains threats to block Sweden, Finland from alliance

Turkey's strategy in blocking Sweden's and Finland’s NATO memberships could soon start to pay off.

Turkey

Is this Turkish anti-immigrant party helping Erdogan?

Critics argue that anti-immigrant Victory Party’s leader Umit Ozdag’s opposition has benefited President Recep Tayyip Erdogan so far.

Turkey

Currency shocks, wild inflation mark Erdogan’s time as executive president

Turkey’s currency has lost 73% of its value against the dollar since Erdogan assumed sweeping executive powers in 2018 and remains prone to fresh shocks amid growing economic fragilities.

Turkey

Erdogan, MBS embrace "new era” for Turkish-Saudi ties in Ankara

Saudi prince's state visit represents economic and regional necessities for Turkey, even as the murder of Jamal Khashoggi in Saudi Arabia's Istanbul consulate remains unresolved.

Turkey

US deputy treasury secretary in Turkey to warn against evading Russian sanctions

In a visit to Ankara Wednesday, US Treasury Deputy Secretary Wally Adeyemo plans to remind Turkey that anyone evading US sanctions against Russia will be held accountable.

Turkey

Analysis

How Turkey's opposition to Sweden, Finland joining NATO could backfire

It seems Turkey will continue to block Finland and Sweden’s memberships at the upcoming NATO summit, but Ankara is now signaling its lack of interest in strengthening the alliance.

By Cengiz Candar

Turkish journalists, free speech advocates protest draft bill

Turkish press unions organized nationwide rallies Tuesday to protest the likely passage of a so-called disinformation bill. They worry that jail sentences of up to three years for spreading fake news could be applied to any news the government disapproves of.

Turkey

No breakthrough in Turkey’s talks with Sweden, Finland over joining NATO

Discussions between Turkey, Finland and Sweden about the Nordic countries' proposed NATO membership have ended inconclusively as Ankara showed no signs of abandoning its hardline position.

Turkey

Middle East airlines to suffer losses again in 2022

The International Air Transport Association said that airlines in the region will fare somewhat better financially due to the return of long-haul flights.

Legacy: Gulf