ADDIS ABABA: Ethiopia has secured an agreement with the International Monetary Fund (IMF) for a new financing program valued around $3.4 billion, the IMF announced Monday.
The new four-year loan program will help support the country’s economic reform…
BURSA: Trkiye exported $7.2 billion worth of automotive supply industry products in the first half of the year, up 1.1% compared to the same period last year.
Subsidiary industry products accounted for 40.9% of total automotive exports with $17.7 bil…
ISTANBUL: Trkiye revealed its foreign direct investment (FDI) strategy for the 2024-2028 period for outlining the general framework of the country’s policies and guiding the practices in the field.
The main goal of the strategy, revealed via a docume…
ISTANBUL: Fitch Ratings said Monday it upgraded Pakistan’s long-term foreign currency issuer default rating to CCC+ from CCC.
The rating agency said the upgrade reflects the country’s greater certainty over continued availability of external funding….
ISTANBUL: Major stock exchange in the US finished Monday almost flat.
The Dow fell 49 points, or 0.12%, to end the day at 40,539 and the S and P 500 added just four points, or 0.08%, to 5,463.
The Nasdaq rose only 12 points, or 0.07%, to close the s…
ISTANBUL: Oil prices increased on Monday over fears of a widening conflict in the oil-rich Middle East.
International benchmark Brent crude traded at $80.67 per barrel at 09.51 a.m. local time (0651 GMT), an increase of 0.49% from the closing price o…
