Search Results for: Turkey

BY JAMES FULLER

THE EUROPEAN Union’s (EU) executive, the European Commission is trying to defeat criticism of a multilateral treaty opposing counterfeiting through a high stakes legal manoeuvre, with officials saying the outcome is of critical importance to Europe’s powerful auto sector.…

BY PAUL COCHRANE, IN BEIRUT

DUE largely to the surging growth of Dubai-based airline carriers Emirates and flydubai, government-owned operator and manager Dubai Airports is currently juggling the development of the new Al Maktoum International Airport at logistics hub Dubai World Central (DWC), as well as the USD7.8 billion expansion of the Dubai International Airport (DXB).…

BY MICHAEL KOSMIDES, IN ATHENS

ANCIENT, natural techniques for making dyes and pigments have been made available today’s textile industry as a result of a European Union (EU)-funded research project, Med-Colour-Tech. A consortium of Mediterranean institutions, headed by the Ormylia Art Diagnosis Centre, operating under the auspices of the Sacred Convent of the Annunciation, Dependency of the Monastery of Simonos Petra at Greece’s Holy Mountain, identified dyes and materials used in different historical periods.…

BY MEGAN DETRIE, IN CAIRO

A YEAR after the break out of the civil war in Libya which ousted Colonel Muammar Gaddafi from power – but paralysed the economy – the north African country’s airports are just now beginning to reopen, with construction projects likely to resume in the coming months.…

BY KEITH NUTHALL

THE EUROPEAN Commission is coming down hard on European Union (EU) member states which have yet to sufficiently liberalise their natural gas industries, breaching the EU gas directive, agreed as long ago as 2009.

It has sent legal final warnings to Bulgaria, Cyprus, Estonia, Spain, Luxembourg, the Netherlands, Romania and Slovakia saying they have two months to show how they will comply, or face possible cases at the European Court of Justice (ECJ).…

BY PAUL COCHRANE, IN BEIRUT

DESPITE much political turmoil over the course of the past year in Egypt, the country’s ongoing airport expansion projects have not been suffering. For the past decade, major expansion and renovation works have been underway, to handle the surge in foreign tourists to the North African country; which jumped from 5.5 million in 2002 to 14.7 million in 2010.…

BY MARK ROWE

ALTHOUGH it has been likened to a 21st century Silk Road, the southern gas corridor is currently making painstaking and troubled progress; inching its way through the political and economic strife that stands between the Caspian Sea and Western Europe.…

BY PAUL COCHRANE, IN BEIRUT

WHILE the Iraqi government has implemented regulations that are both anti-money laundering (AML) and for combating the financing of terrorism (CTF), it has had lacklustre results in enforcement due to ongoing instability in the country. Corruption and endemic smuggling are also major problems.…

BY PAUL COCHRANE, IN BEIRUT

THE DEVELOPMENT of commercial legislation in Turkey has not kept pace with the country’s blistering economic growth over the past decade. While structural economic reforms have been carried out, a foreign investment law passed, and GDP levels have more than tripled since 2002, Turkey has been slipping down the ranks in the World Bank’s ‘Ease of Doing Business’ report, dropping five places in 2011.…

BY PAUL COCHRANE, IN BEIRUT

Turkey’s economy has been on a roll for the past decade, with its GDP more than trebling to reach USD735 billion at the end of the 2010 fiscal year. With a population of 75 million and ideally situated at the crossroads between east and west, Turkey has built up a strong manufacturing-based economy.…