Qatar

V-shaped recovery in Turkey

Turkey’s Finance Minister Sees Economy Staging V-Shaped Recovery

Turkey expects a V-shaped recovery in the economy as domestic demand improves. “Leading indicators from June give positive signals for an improvement in the economy,” Albayrak said at a Turkish Banks’ Association meeting in Istanbul. The minister cited an increase in consumer confidence, as well as a jump in the country’s manufacturing Purchasing Managers’ Index. The minister asked lenders to...

qatars-five-major-conglomerates-turn-to-turkey-for-investment

Qatar’s five major conglomerates turn to Turkey for investments

Days after Doha, one of Ankara's closest allies in the Gulf region, pledged $15 billion in direct investment in Turkey, Qatar's private sector has also turned to the country as five major conglomerates are looking to invest $300 million. Qatar's Emir Sheikh Tamim bin Hamad Al Thani (above) visited Ankara last month in an apparent show of support for Turkey, pledging $15 billion in direct investments in the...

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