Turkey
News
UN condemns Syria for human rights violations
General assembly calls for transitional government
Funding and security stall Libyan infrastructure projects
Oil and power sectors only ones moving forward
Joint venture wins Riyadh airport Terminal 5
TAV and Al-Arrab were selected for SR1.5bn contract in January
Contractors prepare bids for Mirbat – Hasik road
Upgrade work will be done in Dhofar Governorate
Omani contractors jostle for airport maintenance facility contract
Firms submitted technical offers for airport maintenance contract in October last year
Lebanese-Turkish joint venture to design Medina metro
Consultancy services contract covers feasibility study and preliminary designs
Contractors prepare bids for Doha Metro elevated sections
Multinational groups compete for contracts
Fivefold increase in Middle East banking mergers and acquisitions
Middle East region is an exception to downwards trend in global banking mergers and acquisitions
Genel progresses with Iraqi Kurdistan pipeline plans
Taq Taq to Khurmala pipeline completed
Analysis
Syria war stokes Iraq sectarianism
Rising violence in Iraq leads to fears of new sectarian conflict between Shias and Sunnis
Visitor slump hits high-end hotels in Lebanon
Political uncertainty is deterring Gulf Arabs from visiting Lebanon, hurting high-end hoteliers and retailers, but refugees from Syria are mitigating the impact on the economy
Etihad Etisalat Company (Mobily)
The Saudi mobile operator is looking to grow data and corporate revenues
Special Reports
Turkey and the Middle East: Prudent policies shield economy from crisis
Turkey has emerged strongly from the global downturn, but growth is expected to settle at a more sustainable level
Economic Data
Click to view full Turkey economic indicators and trade data
| 2011 | |
| GDP | 797.6 |
| GDP per capita ($) | 11,054 |
| Real GDP Growth (%) | 5 |
| Inflation (%) | 6.5 |
| General government balance (% of GDP) | -3.2 |
| General government debt (% of GDP) | 40.4 |
| Population (millions) | 72.1 |
| Unemployment (%) | 1111.4 |
| GDP=Gross domestic product. Sources: Fitch; IMF | |
Comment
Pipeline gives Kurds an outlet
Establishing a crude pipeline with Turkey will free Kurdistan region from Baghdad’s influence
Kingdom powers job creation
Creating jobs and saving energy will be Saudi Arabia’s top domestic policy objectives in 2013
The Arab world’s 1979 moment
As the Iranian challenge fades, the Arab world is where the Middle East’s future will be shaped
Conflict threatens regional stability
The repercussions of Syrian troubles on wider Middle East region could last for years
Kurdish tensions over oil payments
Kurdistan Regional Government threatens to cut oil exports again if Baghdad payments are not met
Company profile
Agthia Group
Abu Dhabi-based food services company Agthia Group was established in 2004
