Business

Turkish currency hits record low amid Erdogan concerns

May 23, 2018

Turkey's currency, the lira, has fallen to a record low against the dollar amid concerns about an outflow of investor capital and the country's ability to manage the situation.

In Salah's Nile delta village, the Egyptian is a super hero

May 22, 2018

In Salah's village deep in Egypt's Nile Delta, the Liverpool winger is a superhero and a role model

Officials: 9 anti-pollution protesters killed in south India

May 22, 2018

Officials say nine protesters were killed when police opened fire on demonstrators demanding the closure of a south Indian copper plant.

UAE to loosen visa rules for investors and innovators

May 20, 2018

The United Arab Emirates, home to financial hubs Abu Dhabi and Dubai, is loosening its residency laws and will grant long-term visas for up to 10 years to investors and highly-skilled professionals

Iran says EU political support not enough, urges investment

May 20, 2018

Iran's state TV is reporting that the country's foreign minister has urged the European Union to go beyond political support for its landmark nuclear deal and increase investment in Iran

Iran signs oil deal with UK group as France's Total exits

May 17, 2018

Iran's state TV is reporting that Tehran has signed an agreement with a British consortium to develop an oil field in the country's south

Turkey slams US sentencing of Turkish banker on Iran scheme

May 17, 2018

Turkey's foreign ministry has slammed the sentencing of a Turkish banker in the United States over his role in helping Iran evade U.S. economic sanctions.

Minister says Iran to target VPNs because of links to US

May 16, 2018

Iran's telecommunication minister says authorities will start blocking virtual private network services because of security concerns caused by U.S. support of the services

Rescuers recover 4 bodies from capsized Indian ferry

May 16, 2018

Rescuers have recovered four bodies from a river ferry which capsized in heavy winds in rural south India, leaving up to 40 people still missing and feared dead

Egypt says unemployment falls to 10.6 percent

May 15, 2018

Egypt's statistics agency says unemployment has fallen in the first quarter of 2018 to 10.6 percent compared to 11.3 percent in the three months prior

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