Saudi Arabia

"With this heat, maybe I should ask my friends in Saudi Arabia and the Gulf for some camels," Prime Minister Kyriakos Mitsotakis quipped in an interview with Skai TV on Wednesday night, commenting on a proposal for a mounted police force. "We don't need it. It's an interesting idea, but we don't need it right now," he added. 

The International Monetary Fund (IMF) has approved a $3 billion loan agreement for Pakistan, unlocking crucial funding for the troubled South Asian economy.

In a statement, the IMF said its executive board gave the green light to the nine-month standby arrangement, in order "to support the authorities' economic stabilization program."

Foreign companies, from a wide range of countries, are showing strong interest in making investments in Türkiye, Trade Minister Ömer Bolat has said.

Foreigners were in the wait-and-see mode due to the uncertainties stemming from the May elections, but now business delegations are flocking to Türkiye to hold talks, Bolat told a group of journalists.

Eurobank's deputy chief executive, managing director and head of international operations, Stavros Ioannou, has expressed the bank's desire to eventually gain full control of Hellenic Bank in Cyprus.

President Recep Tayyip Erdoğan has delivered a message against escalating Islamophobia and xenophobia in Western countries, calling for joint action to combat the alarming trends.

Saudi Arabia hit a new milestone on July 5 with the first Saudi designer presenting at Paris Fashion Week.

Mohammed Ashi's haute couture show - his first as part of the official roster after years of dressing top celebrities - is "the peak of my career," he told AFP.

Turkish contractors were awarded a total of 110 projects worth $7.5 billion abroad in the first six months this year, the Trade Ministry has said.

This marked a 63 percent increase compared with the January-June period of 2022.

The average size of the contracts awarded to Turkish contractors in foreign countries was $68.1 billion, data from the ministry showed.

The fashion world is on edge as haute couture week kicks off today in Paris, which has seen nights of violent riots over the police killing of a teenager.

Saudi Arabia said yesterday it was extending a voluntary oil production cut of one million barrels per day, and Russia said it was slashing exports by 500,000 bpd.

The moves were the latest attempts by major producers to stabilize markets rocked by factors including continued fallout from the Russian invasion of Ukraine and China's faltering economic recovery.

BELGRADE - Serbian PM Ana Brnabic met on Monday with Saudi Arabia's Ambassador to Belgrade Osamah bin Dakhel Al Ahmadi, who presented to her a letter from the country's Crown Prince Mohammed bin Salman Al Saud with an invitation to visit Saudi Arabia in the period to come to exchange views on bilateral ties and international affairs of mutual interest in person.