Turkey has drafted an action plan and its institutions will start taking necessary steps Monday to ease financial markets’ concerns, Finance Minister Berat Albayrak said Sunday, after the lira plunged last week. In an interview with Hurriyet newspaper, Albayrak said a plan has been prepared...

The new U.S. tariffs on Turkey are against the rules set by the World Trade Organization (WTO), the Trade Ministry said on Friday. "Turkey, as it determines and implements its own trade policy in compliance with the World Trade Organization, expects other member countries to comply with...

The United Arab Emirates plans to build an oil pipeline connecting Eritrea and Ethiopia, the latest sign of the Gulf state's increasing involvement in the Horn of Africa. The pipeline will run from Eritrea's port city of Assab to Ethiopia's capital Addis Ababa, an Ethiopian official said....

Iran's Central Bank has allowed money exchange offices to resume work, ending a ban imposed in March amid the country's economic troubles. The bank's governor, Abdolnaser Hemmati, told state TV late Sunday that "money exchangers are allowed to sell and buy foreign currencies" once...