Islamic Finance can open new investment avenues: WBAF Chairman
Islamic finance and angel investing have a unique and extremely beneficial connection, as explained by Baybars Altuntas, the chairman of World Business Angels Forum...
Tag : Turkey
Istanbul will host the Energy and Mining Forum for the first time
The event aims to define goals and devise a strategic roadmap for higher energy developments...
UAE delegation in Turkey
Joint Economic Committee meeting being held in Ankara...
Uniformity across Direct Banking channels gives a boost to Odeabank
Now, Direct Banking channels account for 83% of all transactions of the Turkish bank January 6, 2017: Having entered the Turkish banking industry at the end of 2012, Odeabank maintained steady growth and continued to solidify strong achievements. It capitalised on its competitive strength to rank 8th among private deposit banks and 9th in total...
Lira crashes to historic low
Inflation, string of terror attacks in Turkey to be blamed IFM Correspondent January 4, 2017: Lira, Turkey’s embattled currency, on Tuesday crashed to a historic low against the US dollar due to higher than expected inflation figures and security worries after the attack on a nightclub in Istanbul on New Year eve. The lira was...
Oil price down cycle ‘nearing end’: Saudi minister
“Market fundamentals, in terms of supply and demand, have begun to improve” IFM Correspondent October 26, 2016: Speaking at the World Energy Congress in Istanbul, Turkey, Saudi Arabia’s Energy Minister Khalid al-Falih said that as market fundamentals improve, the current down cycle of crude prices is close to an end. Oil prices are currently hovering...
Access to credit for ‘unscoreable’ consumers and entrepreneurs
New agreement between FICO and EFL can help millions of consumers in emerging markets October 26, 2016: As part of its FICO Financial Inclusion Initiative, analytic software firm FICO has announced a strategic partnership with EFL Global to expand credit scoring options for lenders and consumers in markets outside the US. FICO will offer EFL’s...
More sovereign sukuk on the way
This was the opinion of delegates at the IFM’s summit on Islamic finance - Tim Evershed...
Zipcar drives into Brussels with its first free-floating car-sharing service
The launch is a pivotal milestone in Zipcar’s international expansion, which already includes a well-established presence in the United Kingdom, Spain, France, Austria, Germany and Turkey....
‘Bill for Turkey coup attempt is $100 billion’
Minister says rebels made Turkey look like a Third World country IFM Correspondent August 3, 2016: The bid to overthrow the government of President Recep Tayyip Erdogan proved very costly for Turkey. According to Bulent Tufenkci, customs and trade minister, the attempt came at of cost of $100 billion (300 billion liras) to the economy....