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The Makkah defense pact holds its first committee talks in Istanbul
PLUS: A Saudi-Egyptian consortium sets up a cross-border real estate fund
Saudi, Turkey eye new rail link to Europe via Jordan + Syria
A Saudi-Turkey rail play is taking shape — but Syria, borders, and shipper trust will decide whether cargo follows
THIS MORNING: Diplomatic travel barriers set to fall between Riyadh and Ankara
Riyadh’s 9.7km Taif Road project moves to 65% completion
Will the war drive Gulf carriers to build redundancy into their hub-and-spoke model?
Gulf aviation’s success has been built around a simple yet powerful, efficient idea: the hub-and-spoke model — but the war…
Acwa powers up Turkey with 5 GW solar push
Acwa will develop, finance, construct, commission, and operate the facilities
Saudi Arabia will invest USD 2 bn to set up solar farms in Turkey
Saudi companies will add more solar and wind capacity to bring their total capacity in Turkey to 5 GW
Turkey expected to start cutting sky-high 50% interest rates in November
Turkey’s central bank has raised interest rates by 4,150 bps since June 2023
Startups are increasingly going bust as funding dries up
The number of startups closing their doors rose 58% y-o-y during 1Q 2024
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