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Turkey: Economic growth forecast at 3 pct in 2015: EBRD

The European Bank for Reconstruction and Development forecast growth for Turkey at 3 percent in 2015, in a report released on Thursday. The European Bank for Reconstruction and Development (EBRD) expects the Turkish economy to grow 3 per cent in 2015 and 2.8 per cent in 2016, below the...

Egyptian flooding drowns Gaza's tunnel business

Mahmoud Bakeer speaks with despair about the night of the flash flood, when he screamed at his wife and five children to flee their home on Gaza's border with Egypt as the water rushed in. They made it to safety during the flooding last week, but a network of Palestinian tunnels running...

Despite US-led campaign, Islamic State rakes in oil earnings

ISIS rakes in up to $50 million a month from selling crude from oilfields under its control in Iraq and Syria, part of a well-run industry that U.S. diplomacy and airstrikes have so far failed to shut down, according to Iraqi intelligence and U.S. officials. Oil sales - the extremists' largest...