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Turkish Banking Sector Profits Up 37% In January

 

10.03.2013

The regulatory body on Turkish banks said the Turkish banking sector's earnings rose 37 percent to 2.1 billion Pounds ($ 1.17 billion) in January first. The Commission added that the bank loans amounted to 799.1 billion pounds in January, up 18 percent from 676.8 billion pounds in the same month a year ago. ... More

 

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Iraq oil exports slightly rise

Middle East - Nov 25 2012 13:23 PM

Oil exports from Iraq and their revenues have increased slightly between September and October, said the spokesman of the Ministry of Oil, Assem Jihad. Iraq exported 81.3 million barrels of oil in October , or an average 2.62 million ... More

 

Arab Spring arrives in Jordan?

Middle East - Nov 14 2012 12:05 PM

Due to rising fuel prices, thousands of Jordanians took to the streets last night. "Freedom, freedom, down with Abdullah" shouted angry young men on Tuesday evening in the center of the Jordanian capital Amman. It was the biggest wave of ... More

 
 

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Politics cost Lebanon 5% of GDP

Middle East - Nov 13 2012 11:38 AM

The political instability in Lebanon has cost 5% of GDP per capita between 2005 and 2010, according to a study conducted by Dr. Nisreen Salti, Chair of Economics Department of ... More

 

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Baghdad increasing pressure on Gazprom

Middle East - Nov 11 2012 11:52 AM

The Iraqi government has told the Russian oil company Gazprom to choose between the contract with it on the exploitation of an oil field in eastern Iraq and its engagement ... More

 

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Lebanon gold reserves estimated at US$15 billion

Middle East - Oct 29 2012 08:49 AM

According to the latest figures issued by the World Gold Council, Lebanon was ranked in 19th place among 100 countries in the world in terms of gold reserves. Additionally,Lebanon ... More

 

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Lebanon speaker fears economic stagnation

Middle East - Oct 22 2012 11:43 AM

Lebanon's Speaker Nabih Berri has supported the formation of a national unity government, in an interview published Monday in al-Akhbar daily. made the comments following the killing of a top ... More

 

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Qatar will supply materials for Gaza reconstruction

Middle East - Oct 21 2012 09:22 AM

Qatar will supply materials via Egypt for its reconstruction projects in the Gaza Strip, said Saturday the Ambassador of Qatar in Gaza. Moreover, Egyptian President Mohamed Morsi and the head ... More

 

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growing food crisis in syria

Middle East - Oct 17 2012 06:28 AM

The World Food Programme (WFP) has lamented the soaring food prices, which more than doubled in some areas of Syria since the conflict began 20 months ago. Some 1.4 ... More

 

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World Bank warns of deepening fiscal crisis in the Palestinian territories

Middle East - Sep 20 2012 14:34 PM

The World Bank's latest report on the Palestinian economy warns of a deepening fiscal crisis in the Palestinian territories, calling on donors to act urgently.  In parallel, the report emphasizes ... More

 
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