Business


Turkey’s Central Bank caves on interest rates

Under fire from the government and the president, Turkey’s Central Bank has abandoned its cautious approach and moved to lower interest rates.
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 Mehmet Cetingulec for Al-Monitor Turkey Pulse on January 30

Syrian journalism co-opted by warring factions

Syrian factions have recruited journalists and media activists to their cause, making unbiased journalism nearly impossible.
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Translated from Al-Hayat (Pan Arab) on January 30

Southern Algeria protests fracking plans

Officials in Algeria were taken by surprise by the protests in the poor south against the exploitation of shale gas using methods that could have catastrophic environmental and health repercussions.
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Translated from As-Safir (Lebanon) on January 30

Why is Turkey censoring lingerie, antique books?

Turkey's Web watchdog is turning into a "wicked" censorship monster that can arbitrarily target any website, from global prosperity indexes to LGBT forums.
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 Emre Kizilkaya for Al-Monitor Turkey Pulse on January 29

How will new Saudi king handle the economy?

The newly appointed Saudi King Salman bin Abdul-Aziz should focus on the economy by promoting local industries to decrease the reliance on oil revenues.
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Translated from Al-Hayat (Pan Arab) on January 29

Egyptian pound's drop part of Central Bank's plan

The Central Bank's efforts to reduce the price of the local currency against the dollar are working to undermine the black market, but these measures risk increasing prices.
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 Enas Hamed for Al-Monitor Egypt Pulse on January 29

Erdogan's Africa tour

Turkish President Recep Tayyip Erdogan, whose aspirations for regional leadership have failed, has begun trying to acquire leadership of the Islamic world on his Africa tour.
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 Fehim Taştekin for Al-Monitor Turkey Pulse on January 28

Living among the dead in Gaza

The Palestinian Ministry of Public Works and Housing has failed to provide housing for Gaza’s families, forcing some to live in cemeteries and beg for money.
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 Rasha Abou Jalal for Al-Monitor Palestine Pulse on January 28

Turkey foreign investment slowdown

Dutch entrepreneurs topped the list of foreign investors in Turkey in 2014, as the number of foreign companies exceeded 41,000, despite the insecure climate that has emerged in Turkey in terms of democracy and the rule of law.
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 Mehmet Cetingulec for Al-Monitor Turkey Pulse on January 28

Turkey’s arms procurement raises questions

There are questions being raised about the wisdom of Turkey's expensive defense expenditures — but not by the public.
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 Metin Gurcan for Al-Monitor Turkey Pulse on January 27

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