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Iran's trade (excluding crude oil exports) with Caspian Sea littoral states reached 5.1 million tons worth $2.76 billion during the first nine months of the current Iranian year (March 21-Dec. 21), registering a 10.04% rise in value, but a …
Russian banks may start providing financial products based on the principles of Islamic banking as early as February 2023, Chairman of the State Duma Committee on the financial market Anatoly Aksakov told Izvestia. He stressed that the …
The Fifth Committee wrapped up the main part of its seventy-seventh session by sending the UN General Assembly a 2023 budget of nearly $3.4 billion while deciding to make the annual budget cycle a part of the Organization’s financial …
Elon Musk was the second person ever to amass a personal fortune of more than $200 billion, breaching that threshold in January 2021, months after Jeff Bezos. The Tesla Inc. chief executive officer has now achieved a …
The rise of technological advancements in the Middle East has spun across all sectors, with financial technology becoming a trademark for innovation. The fintech sector has become one of the most important industries in the world, gaining the …
In the period from January to November 2022, Georgia's international tourism revenue reached a record high. This was reported at the National Tourism Administration of Georgia on December 16. As noted, during this time Georgia …
Nine months ago, Olaf Scholz declared a Zeitenwende — a turning point — for Germany’s military
Russian energy giant Gazprom has started natural gas shipments to Azerbaijan under a new contract, the company announced on Friday. The new agreement was signed between SOCAR and Gazprom for natural gas shipments to Azerbaijan, a …
Saudi Arabia’s sovereign wealth fund helps bankroll what is ready to be the profitable bid for a stake in Vodafone’s €14.8bn towers enterprise led by personal fairness teams KKR and Global Infrastructure Partners, in accordance …
The Turkish startup ecosystem continues to attract fresh capital despite the headwinds
The value of Iran’s non-oil export rose 5.6% during the first seven months of the current Iranian calendar year (March 21-October 22) as compared to the same period of time in the past year, the spokesman of the Islamic Republic of Iran …
Turkey's competition authority said on Wednesday that it had fined Facebook-parent Meta Platforms Inc 346.72 million lira ($18.63 million) for violating competition law. In a statement, the Turkish Competition Board said it decided …
The decision on possible use of the Turkish payment system TROY as an alternative to Russia’s Mir may be announced by central banks of Russia and Turkey shortly, a source in Turkish financial circles said on Wednesday, adding that the sides …
Armenia, Kazakhstan and Kyrgyzstan scaled up their trade with Russia by $1.75 bln over seven months of this year, the Eurasian Economic Commission (EEC) says in its Telegram channel. "These countries increased trade with Russia by …
In August 2022, exports from Turkey to Russia increased by 2,1 times (from $451 million to $949 million) compared to August 2021, Turkish Statistical Institute reported. According to experts, this is a record growth amid …
The largest Turkish bank, Ziraat Bank, representative told RIA Novosti that the bank had not received notifications about the termination of the use of the Russian payment system "Mir". "We did not receive such …
The largest Turkish Ziraat Bank continues servicing the Russian Mir card, the bank said. "Yes, you can use this card", the bank said, noting that as of Monday morning there were no complaints from the Russian …
The United States will allocate $2 million for demining operations in areas affected by the Second Karabakh war, the U.S. Department of State said in a press release. "Landmines and unexploded ordnance across the conflict zone …
Incoming UK Prime Minister Liz Truss is finalizing plans for a £40 billion ($46 billion) support package to lower energy bills for businesses. Truss is considering two options, either setting a guaranteed unit price that …
Georgian customers will be able to make cashless Euro payments via credit transfer and direct debit anywhere in the European Union as well as a number of non-EU countries, with the country preparing to join the Single Euro Payments Area, …
