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It’s going to get worse before it gets better for GCC banks with Turkish subsidiaries
Emirates NBD’s risk-weighted assets fell by some 60-70 bps
Jordan’s King Abdullah discusses bilateral ties with UAE president
Plus: A Turkey-GCC trade Agreement could be in the works
FM talks boosting ties with Malta, Vanuatu
The president phoned Turkey’s Recep Tayyip Erdogan
Dragon Oil has USD 500 to invest in Egypt + Edgnex to invest in Turkey data center
Dragon Oil wants to raise its production from the North Safa oil field in the Gulf of Suez to 8k…
Turkey Wealth Fund’s debut international bond issuance was 14x overscribed
Central bank turbulence has not swayed investors away from Turkey: Turkey’s sovereign wealth fund’s debut international bond issuance was met…
Turkey’s Aselsan sets up Abu Dhabi office + Moody’s upholds DIFC’s rating
Aselsan previously landed an agreement with Edge Group to earmark investments in Turkey's arms sector
The UAE at the Arab Ministerial Housing Forum + FM phones Israeli, British counterparts and UN’s Kaag
Sheikh Abdullah stressed to Israeli + British FMs the importance of getting aid to Gaza
Ireland, Turkey, Kazakhstan all in talks with UAE
It’s been a busy time on the diplomatic front, with conversations with Ireland, Turkey, and Kazakhstan all ongoing
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