First Independent Mena Newspaper
A Turkish company will invest $700 million in an Iraqi steel plant to upgrade its production capacity to 1 million tons per year. Under the 18-year deal with the Iraqi ministry of Industry and Minerals, the Turkish company will rehabilitate and develop the iron and steel plant located in the Khor Al-Zubair, in Basra, that […]
It is not a secret that the relationship between Turkey and the European Union is going through a rough period. The solution to this deadlock for Ankara is to diversify away from the declining European economy and search for new markets which will also provide Turkey with a more prominent role on the world stage. […]
Syphax Airlines has decided to tap the aviation market with millions to increase its fleet and their performance. In a recent deal with General Electric Aviation, the company has decided to select CFM International’s LEAP-1A and CFM56-5B engines to power three Airbus A320neo and three Airbus A319/A320ceo aircraft, respectively. The total amount for the order […]
Turkey’s Energy and Natural Resources Minister Taner Yildiz accompanied with a delegation is on a working visit to Algeria and was welcomed by Prime Minister Abdelmakek Sellal on his arrival. Issues discussed between the two counterparts ranged from economic cooperation and commercial ties. On the agenda of the Turkish minister also includes ways of opening […]
Prime Minister al-Jabali said he was honored when addressing the Sixth Turkey Sectoral Economic Council meeting held at the twin towers of the Union of Chambers and Commodity Exchanges of Turkey (TOBB) in Ankara. Both countries exchanged mutual appreciation and support and acknowledged to work together in widening it by increasing contacts to develop areas […]
The fourth ministerial meeting of the international “Friends of Syria” group meeting in Marrakech on December 12 has recognized the newly formed Syrian opposition coalition as “the legitimate representative of the Syrian people”. The recognition is announced in the declaration endorsed Wednesday by the over 100 delegations that attended the meeting, including from the US, […]
The Arab revolutions of 2011 have brought into immediate focus the following question related to Turkey’s foreign policy: ‘Can Turkey’s economic and political model become a reference-point for the region’s post-autocratic societies, similar to the EU for east-central Europe after 1989?’. Indeed, many political observers see the revolutions in the Arab countries as a chance […]
Egypt has purchased ten Turkish-made ANKA drones after months of secret negotiations between the two countries before reaching deal, first of its kind after the fall of former President Hosni Mubarak in a popular uprising in 2011. With a 56-foot wingspan, the unmanned aerial vehicle (UAV) has the ability to fly 24 hours at a […]
After its crucial role in the uprisings in the Arab world, internet and facebook occupy a growing ground in MENA region. Tunisia’s Jasmine revolution, which forced President Ben Ali to step down, proved that internet and facebook were the fastest way to communicate and spread news (videos, photos, tweetts articles and even political comments.) A […]
During a news conference at the Turkish capital, the Chief Executive of Shell announced that oil exploration and production possibilities are being analyzed in the Black Sea by the TPAO, a state owned Turkish oil firm, and Royal Dutch Shell (RDSa.L). TPAO and Shell signed an agreement last year concerning the exploration and production of […]