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Islamic banks growing rapidly in Turkey - report
(MENAFN - Kuwait News Agency (KUNA)) The Islamic banks in Turkey form 5.2 percent of banking assets and will reach 10 percent by 2018, since those banks surpass the rest of the banking sector and have steady financing growth over 20 percent per year, a specialized economic report showed Friday."During 2012, the total assets of the Islamic banks grew by 25.2 percent y-o-y to reach ...
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Africa On the Occasion of Africa Day Turkeys vision of Africa
First of all, Turkey’s relations with continent arise from a principled and strong historical past, dating back to centuries ago. Ottoman Empire extended to 3 continents and a significant part of its boundaries were in Africa continent. In the first period of the relationship, from 15th to 19th century, there had been strong relationship between Ottoman Empire and certain sub-Saharan ...
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Syria opposition unity talks face specter of collapse
ISTANBUL - Syrian opposition talks aimed at presenting a coherent front at an international peace conference to end the civil war faced the prospect of collapse after President Bashar al-Assad's foes failed to cut an internal deal, opposition sources said on ...
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RSSTurkey Digest
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Turkey remains bridge between civilisations in railway plans
Turkey is often described as the gateway between two great civilisations, this is a theme employed commonly in our promotional material to encourage tourism and it has been invoked as part of the rhetoric used in ongoing efforts to join the EU, but the fact remains that Turkey is a key player in the world of geopolitics and this is seen most clearly in two major railway projects currently being planned between three regions of the world.
Turkey’s largest city, Istanbul, is famous for being the only metropolitan region in the world that spans two continents, sitting as it does in both between Asia and Europe. This idiosyncrasy of the city has made it a popular tourist destination due to the diversity of culture and architecture, but on a wider scale, the geopolitical significance of Turkey is growing and will indeed grow further if two major infrastructure plans in the Middle East and Asia take shape in the next few decades. Read more
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