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Economy

Economy and markets news from the Middle East. All the important stories, exclusive interviews, plus authoritative opinion and analysis

People are seen riding on a tram in Taksim. Turkish debt

Turkish debt markets have a busy summer ahead

Ankara faces a busy summer of funding its borrowing programme, rolling over existing bonds and issuing new securities to bridge a widening budget deficit, as it contends with high interest rates and persistent inflation. On Tuesday, the finance and treasury ministry conducted three lira-denominated auctions of bonds and treasury bills with a combined value of […]

Traders on the floor of the Turkish stock exchange. The share of equity held by foreigners slipped to an 18-month low in June

Turkish bourse anticipates return of foreign investors

Investors are continuing to exit Turkey’s stock exchange, despite Borsa İstanbul’s main index recovering from losses sparked by concerns over political instability. However, anticipated cuts in interest rates could see a return to the share market as traders seek richer earnings. More than 1.8 million investors stepped away from the exchange in the year ending […]

Grand Egyptian Museum Giza Egypt economy

Egypt economy

The latest economic and demographic indicators for Egypt, including GDP, inflation, trade, population, unemployment and more

Kayseri Turkey economy

Turkey economy

The latest economic and demographic indicators for Turkey, including GDP, inflation, trade, population, unemployment and more

Despite a dip in oil-related activities, key non-oil sectors like retail, hospitality and finance are thriving.

Growth for Saudi Arabia, but challenges emerge

Saudi Arabia raised its economic growth estimate for the first quarter, driven by expansion in the non-oil sector. The General Authority for Statistics (Gastat) said on Monday that real GDP grew by 3.4 percent in the three months to March 31, compared with the same period last year. That also compared with its earlier estimate of […]

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