Middle East

The Bank of Israel raised its benchmark interest rate on Monday (ILINR=ECI) by three-quarters of a percentage point, its biggest hike in two decades, and appeared on track for further …

Turkey doubled its imports of Russian oil this year, Refinitiv Eikon data showed on Monday, as the two countries are set for broader cooperation in business and especially energy trade …

Yemeni forces backed by the United Arab Emirates have seized energy facilities in Shabwa from another faction, prompting the head of the Saudi-backed presidential council on Sunday to order their …

Israeli spyware firm NSO Group said on Sunday its Chief Executive Shalev Hulio is stepping down with immediate effect, with Chief Operating Officer Yaron Shohat appointed to oversee a reorganisation …

U.S. Deputy Treasury Secretary Wally Adeyemo told Turkish Deputy Finance Minister Yunus Elitas that Russian entities and individuals were attempting to use Turkey to bypass Western sanctions imposed over Moscow’s …

At least 32 people were killed in southeast Turkey on Saturday when vehicles crashed into first respondents who were attending earlier accidents, authorities said. Sixteen people including emergency workers and …

A Palestinian man died of his wounds on Friday after Israeli forces shot him, the Palestinian Health Ministry said, during what Israel’s military said was an early morning raid against …

The Turkish lira was steady against the US dollar on Friday after nearing record lows in the previous session as Turkey’s central bank shocked markets by cutting its main interest …

Turkey’s central bank shocked markets on Thursday by cutting its main interest rate by 100 basis points to 13 per cent, saying it needed to keep driving economic growth despite …

President Recep Tayyip Erdogan on Thursday threw Turkey’s support behind Ukraine and warned of the danger of “another Chernobyl” disaster erupting at a nuclear power plant held by invading Russian …