TEHRAN (ANA)- The trade volume between Türkiye and the UAE has exceeded $20 billion with a yearly increase of 107%, Turkish ambassador to Abu Dhabi said, adding that this growth is due to the fact that the two countries have complementary economies.
TEHRAN (ANA)- E-commerce volume in the United Arab Emirates (UAE) is expected to reach $7 billion by the end of 2024 and rise to $11.5 billion by 2029, marking a 50% increase, Mitch Bittermann, senior vice president of commercials at Dubai CommerCity, said.
TEHRAN (ANA)- Türkiye's crude steel production rose 0.7% in October compared to the same month of the previous year, reaching 3 million tons, the Turkish Steel Producers Association said.
TEHRAN (ANA)- QatarEnergy signed an agreement with TotalEnergies to acquire an additional 5.25-percent interest in Block 2913B and an additional 4.695-percent interest in Block 2912, both located in the Orange Basin offshore Namibia.
TEHRAN (ANA)- The Afghan caretaker government's national procurement commission has approved 27 projects worth 5 billion afghani (about 73 million U.S. dollars), according to the office of the acting deputy prime minister for economic affairs.
TEHRAN (ANA)- The water level in Sapanca Lake, a critical drinking water source for northwestern Türkiye, has dropped to its lowest point in five years due to ongoing drought conditions, local media reported.
TEHRAN (ANA)- Türkiye's central bank announced an upward revision to its year-end inflation forecasts, previously 38 percent for 2024 and 14 percent for 2025.
TEHRAN (ANA)- Türkiye is aiming to further boost the share of renewable energy in its electricity production to 47.8 percent by 2025, according to a report by the semi-official Anadolu Agency, citing the 2025 budget proposal of the Energy and Natural Resources Ministry.