Middle-east Arab News Opinion | Asharq Al-awsat

Media ID: 55377755
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Turkey’s Finance Minister Naci Agbal speaks during an interview with Reuters in Ankara, Turkey, September 27, 2016. Picture taken September 27, 2016. REUTERS/Umit Bektas

Turkey Vows No Tobacco Tax Hikes to Contain Inflation

by Saeed Abdelrazek | Jul 1, 2017 | Business

Ankara- the Turkish government has decided not to impose new taxes on cigarettes in 2017 in a bid to contain inflation. Finance Minister Naci Agbal made the announcement on Friday as the government continues to struggle with double-digit growth in annual consumer...

Media ID: 55373556
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Turkish Finance Minister Naci Agbal attends an interview with Reuters in Ankara, Turkey July 28, 2016. To match Interview TURKEY-SECURITY/FINMIN REUTERS/Umit Bektas

Arab-Russian Investments in Turkey Compensate European Investments’ Drop

by Said Abdul Razzak | May 9, 2017 | Business

Ankara- Arab-Russian investments have achieved a hike in Turkey during the past two years while Turkish investments abroad reached around USD37 billion during the past 15 years. President of the Investment Support and Promotion Agency of Turkey (ISPAT) Arda Ermut said...

Media ID: 55361993
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Turkish Finance Minister Naci Agbal attends an interview with Reuters in Ankara, Turkey July 28, 2016. REUTERS/Umit Bektas

Turkey Resorts to Further Tax Cuts to Boost Flagging Growth

by Asharq Al-Awsat | Nov 12, 2016 | Business

Ankara-Turkey may make further temporary tax reductions to try to boost flagging growth after a disappointing third quarter, Finance Minister Naci Agbal has said. Turkey’s economy has been hit by a failed military coup in July and uncertainty about the emergency...