Tag : Recep Tayyip Erdoğan

Central bank of Turkey lifts benchmark interest rate to 35 percent amid inflation woes
Business

Central bank of Turkey lifts benchmark interest rate to 35 percet amid inflation woes

manamalive.com
In a decisive move to tackle rampant inflation, Turkey’s central bank announced a significant hike to its benchmark interest rate from 30% to 35% this Thursday. This adjustment aligns with the forecasts made by economists...
DP World secures majority stake in Turkey’s pivotal Evyap Port
Business

DP World secures majority stake in Turkey’s pivotal Evyap Port

manamalive.com
In a strategic move aimed at enhancing global trade infrastructure, DP World has acquired a 58% equity stake in Turkey’s Evyap Port. The partnership will focus on bolstering container port facilities and streamlining efficiencies in...