United Arab Emirates
Turkish jewelry exporters seeking new markets after Russia losses
Turkish jewelry producers aim to increase their exports by 30 percent to $3.5 billion this year by focusing on new markets, after seeing decreases of around 15 percent in year-on-year exports in 2015 amid the loss of one of their key markets, Russia.
Türk Telekom builds submarine cable station at Marmaris
Türk Telekom has built a high-capacity submarine data network at the Aegean resort town of Marmaris as a part of a $700-million project.
The SEA-ME-WE-5 project will connect 17 countries, including Turkey, to a system that stretches for more than 20,000 kilometers between Asia and Europe, according to company representatives.
US rules out military solution to Syria war
U.S. Vice President Joe Biden ruled out a military solution to end Syria's conflict in remarks published on March 7, calling for a political transition despite the difficulty.
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Low oil prices put strains on Gulf currency pegs
Weak oil prices pose a threat to Gulf Arab states' currency pegs against the dollar, but the energy-rich region is unlikely to abandon the policy yet, analysts say.
Bahrain, Oman, Qatar, Saudi Arabia and the United Arab Emirates all keep the values of their currencies fixed against the greenback, while Kuwait has a link to a basket of currencies including the dollar.
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CNR Book Fair to raise awareness of disabled
The 3rd CNR Book Fair will be held in Istanbul between March 4 and 13 with more than 900 events at the CNR EXPO Ye?ilköy.
Coming from 19 countries, including Germany, Mexico, Bosnia-Herzegovina, England, Macedonia, Argentina, Columbia, 104 publishing houses will join the fair.
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Gulf monarchies declare Lebanon's Hezbollah a 'terrorist' group
Gulf monarchies on March 2 declared Lebanon's Hezbollah a "terrorist" group, in the latest regional move against the Shiite organisation fighting in support of Syria's regime.
Turkey's trade deficit continues to decline in January amid plunge in oil, imports
Turkey's foreign trade deficit declined 13.4 percent year-on-year in January, in line with the oil plunge and the decreasing trend in imports.
In January, the deficit fell to $3.76 billion, down from $4.34 billion from same month last year, plummeting 13.4 percent, according to data released by the Turkish Statistics Institute (TÜ?K) on Feb. 29.
Turkey sixth largest arms importer, report reveals
Turkey has become the sixth largest arms importer in the world between 2011 and 2015, with the United States as the world's biggest arms supplier, according to recent research released by the Stockholm International Peace Research Institute (SIPRI).
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Anti-ISIL commanders gather to discuss Syria
Top military commanders from 30 nations fighting the Islamic State of Iraq and the Levant (ISIL) gathered Feb. 22 in Kuwait to discuss ways to defeat the jihadists who occupy large areas in Syria and Iraq.
Kuwaiti Chief of Staff Gen. Mohammad al-Khader urged increased efforts to defeat extremists worldwide.
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US dominates arms trade as Asia, Mid-East boost imports
The global transfer of major arms has risen in recent years, with the United States increasing its dominance of the trade while the flow of weaponry to Africa, Asia and the Middle East has increased, a new study published Feb. 22 showed.