Gulf Trading

Azure Grup Katar’da 3 bin 200 işçiye yaşam alanı yaptı

Azure Grup Yönetim Kurulu Başkanı Erkan Gül, Katar’daki faaliyelerine ilişkin, "Katar'da bin 700 kişilik işçi yaşam alanını hayata geçirdik. Bir ay içerisinde bitecek olan yine bin 500 kişilik yeni yaşam alanı faaliyete girecek. Toplam 3 bin 200 kişilik yatakhanemiz ve yemekhanemiz hizmette olacak" ifadelerini kullandı.

İran’a yönelik yaptırımları delenler arasında bir Türk de bulunuyor

ABD Hazine Bakanlığı, Türkiye’nin de aralarında bulunduğu bir dizi ülkedeki şirket ve kişileri, İran’a yönelik yaptırımları deldikleri gerekçesiyle kara listeye aldı. Bu kişiler arasında İran’a silahlandırılabilir sürat tekneleri temin eden Ali Canko isimli bir Türk de bulunuyor.

Decline hits Iranians

TEHRAN - At the height of the real estate bonanza of Dubai, mortgages were easy and property could be sold for profit even before construction was finished. Things are different now, as many analysts predict huge declines in prices.

ABD'den İran petrol sektörüyle bağlantısı olan Çin ve BAE'li şirketlere yaptırım

ABD, İran petrol ve petrokimya ürünlerinin Doğu Asya'da satılmasına yardımcı olan Birleşik Arap Emirlikleri (BAE) ve Çin menşeili şirketlere yaptırım uyguladı.

No credit? Consider a shariah-compliant fund

Recently, world financial markets have seen a surge in demand for Shariah compliant investment instruments and halal institutional funds.

A good start for no-interest bonds

ISTANBUL - The demand for the revenue-indexed bonds should not be belittled, according to the chief of the Capital Markets Board, or SPK. ’For a start, it's a good figure,’ says Turan Erol, adding that the SPK is currently working on establishing a secondary market for trading revenue-linked bonds.

Islamic-style bonds made good start: Turkey's Capital Markets Board

Turkey's revenue-index bonds, an Islamic-style debt issue, made a good start and the demand -- much less than expected -- should not be "belittled," the head of the Capital Markets Board (SPK) said on Friday.

Crisis prompts embrace of sukuk

ISTANBUL / ANKARA - The Justice and Development Party government is working on laying the ground for the sovereign issuance of Islamic bonds, Hürriyet Daily News has learned. Declining to name the bonds 'Islamic,' a top official says 'this market' will grow to $200 billion globally by 2010, and 'Turkey wants its share.' The issuance will be based on leasing state-owned properties

Crew on Turkish ship taken by Somali pirates safe: boat owners

Eleven crew of a Turkish cargo ship captured by Somali pirates off the Gulf of Aden are safe and sound, the Turkish firm that owns the vessel said Wednesday. (UPDATED)

What world leaders want from Washington summit

World leaders assembled in Washington to grapple with the global financial crisis. There are conflicting ideas about how to deal with the problem, what reforms are needed and what should fall under global regulations. A look at the approaches advocated by various countries:

What world leaders want from Washington summit

World leaders assembled in Washington to grapple with the global financial crisis. There are conflicting ideas about how to deal with the problem, what reforms are needed and what should fall under global regulations. A look at the approaches advocated by various countries:

Britain's PM Brown seeks IMF boost, crisis knocks at China's door

British Prime Minister Gordon Brown on Sunday called for billions of dollars in extra funding for the International Monetary Fund to prop up struggling economies, while Premier Wen Jiabao said maintaining China's strong domestic growth was his top priority.

Britain's PM Brown seeks IMF boost, crisis knocks at China's door

British Prime Minister Gordon Brown on Sunday called for billions of dollars in extra funding for the International Monetary Fund to prop up struggling economies, while Premier Wen Jiabao said maintaining China's strong domestic growth was his top priority.

Kuwait saves bank, Saudi extends credit as crisis bites

Kuwait moved to prop up one of its banks and Saudi Arabia extended $2.7 billion in credit to needy citizens on Sunday as the global financial crisis spread to the Gulf Arab region, sending stocks into a tailspin.

Kuwait saves bank, Saudi extends credit as crisis bites

Kuwait moved to prop up one of its banks and Saudi Arabia extended $2.7 billion in credit to needy citizens on Sunday as the global financial crisis spread to the Gulf Arab region, sending stocks into a tailspin.

Japan's Mitsubishi, Japex in talks with Turkey on Iraqi oil cooperation

Mitsubishi Corp. and Japan Petroleum Exploration Co. will discuss with Turkey's state-controlled company next week on joint exploration and production in Iraq, the holder of the world's third-largest oil reserves, Bloomberg reported on Friday.

Saudi market down at week's opening

The Saudi stock market, the largest in the Arab world, opened the trading week on Saturday with a fall of nearly three percent.

Japan's Mitsubishi, Japex in talks with Turkey on Iraqi oil cooperation

Mitsubishi Corp. and Japan Petroleum Exploration Co. will discuss with Turkey's state-controlled company next week on joint exploration and production in Iraq, the holder of the world's third-largest oil reserves, Bloomberg reported on Friday.

Saudi market down at week's opening

The Saudi stock market, the largest in the Arab world, opened the trading week on Saturday with a fall of nearly three percent.

Arab stocks plummet on global concerns

Stock markets across the Middle East traded sharply down Sunday amid fresh concerns about the global financial crisis, as the United Arab Emirates said it would guarantee deposits in local banks in a bid to halt the slide.

Arab stocks plummet on global concerns

Stock markets across the Middle East traded sharply down Sunday amid fresh concerns about the global financial crisis, as the United Arab Emirates said it would guarantee deposits in local banks in a bid to halt the slide.

Oil plunges $10 as U.S. bailout plan voted down

Oil prices plunged more than $10 a barrel Monday as a U.S. financial bailout plan failed to win legislative approval, raising the specter of a prolonged economic downturn that could drastically erode global energy demand.

Oil plunges $10 as U.S. bailout plan voted down

Oil prices plunged more than $10 a barrel Monday as a U.S. financial bailout plan failed to win legislative approval, raising the specter of a prolonged economic downturn that could drastically erode global energy demand.

Bush to visit Texas as Ike relief rolls in

President George W. Bush will view storm-struck areas of Texas on Tuesday as the energy hub of Houston and other areas struggle to recover from the devastation wrought by Hurricane Ike.

Oil prices nearing five-month low to hit $97.85

Oil prices fell on Thursday, nearing a five-month low hit the previous day, weighed down by a stronger dollar and concerns over weakening demand.

Jubilation over Fannie, Freddie bailout fades quickly

Asian stocks retreated and government bonds rose on Tuesday in a sobering realization the United States takeover of Fannie Mae and Freddie Mac addressed some risks stemming from the financial crisis but has not solved it.

Oil rises on hurricane threat, awaits OPEC

Oil rose on Monday as Hurricane Ike spun towards the U.S. Gulf of Mexico oil hub and traders awaited OPEC's decision this week on output policy.

Turkish lira falls against dollar on global worries

The Turkish lira weakened 1.03 percent against the dollar on Wednesday to 1.2210, as the dollar gained against other emerging market currencies with the drop in crude oil prices. (UPDATED)