Four US diplomats on Wednesday opened accounts at a Sudanese bank for the first time in decades, as Khartoum seeks to draw international businesses back to the country to help revive the ailing economy. In October 2017, the United States lifted its decades-old trade embargo on Sudan. But...

Shares of Turkey’s Halkbank plunged as much 7% on Wednesday, despite a ban on short selling, after U.S. prosecutors charged the state-owned lender with taking part in a multibillion-dollar scheme to evade U.S. sanctions on Iran The announcement from U.S. prosecutors came a day after...

The slump in Turkey’s lira in the wake of the Turkish military advance into Syria has made it October’s worst performing major currency, a move that looks even starker considering most emerging market currencies have powered ahead. The lira is no stranger to volatility, but this...

(Zaman Al Wasl)- The Katerji family has taken a significant step towards strengthening their control of most of the potential reconstruction in northern Aleppo province as the business family is close to taking over a cement factory near the city, with generous funding. This may be the...