Economics and Policy
Turkish stocks plunged and the lira weakened on Monday as markets were rattled after Prime Minister Tayyip Erdogan railed against speculators and warned street protesters that his patience had limits.
Israel and Colombia have signed a free trade agreement during a visit by President Juan Manuel Santos, Israel's closest South American ally, the Israeli president's office said.
Commercial bankers in the UAE have asked the central bank to remove a ban on transfers between banks of personal loans to local citizens, a body representing the lending industry said on Monday.
The recent military gains by the Syrian regime will not have a significant impact on the dwindling Syrian pound which is still trading at over 150 pounds against the U.S. dollar in the black market.
Qatar Airways has partnered with a low cost carrier in Kenya to expand its reach into East Africa.
More than 80 percent of the world’s largest yachts are owned by Gulf nationals, with the Abu Dhabi royal family alone holding eight of the top 50.
