Asia Finance Headlines International

Kuwait: No Plan to Back Turkish Lira with $1.6bn

Kuwait Monday dismissed reports that it has planned to inject $1.6 billion into the Turkish plummeting Lira which lost 40 per cent of its value against the US dollar amid the ongoing diplomatic crisis between Ankara and Washington. Kuwaiti Finance Minister Nayef Al-Hajraf discussed with his Turkish counterpart Berat Albayrak Turkey’s economic situation on Sunday […]

Asia International

Turkey slams Arab League criticism of airstrikes in Iraq, wins Obama’s nod

Turkish Foreign Ministry rejected Thursday Arab League condemnation of Turkish forces’ bombardment of PKK positions across the Iraqi borders. The Ministry urged the Arab League “to back Turkish authorities’ war on terror rather than terrorism itself.” Arab League Secretary-General Nabil al-Araby condemned Ankara after it launched air raids against PKK fighters’ positions in northern Iraq […]

Asia Features International

Turkey: Erdogan highlights interrelation between Ankara and Kuwait City

Ahead of his two-day visit to Kuwait that will begin on Monday, President Erdogan said ties between the two countries are “strengthened by their common culture and by sharing the same religion” as he pointed out that their stability, prosperity and peace are interrelated. The Turkish president is hoping to boost commercial relations between them […]