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Morgan Stanley among investors buying stake in Turkish drugmaker

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(Bloomberg) --Morgan Stanley and a group of investors are close to buying 30% of Turkish drugmaker Sanovel Ilac Sanayi ve Ticaret AS, according to...
Oman

Vacation-mode: Where are UAE holidayers heading to?

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This holiday season, UAE residents are escaping to regional destinations such as Middle East and Levant countries, a new report by Dubai-based online flight...

It’s Getting More Expensive to Eat, and Economists Are Worried

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(Bloomberg) --Food prices are climbing fast in the world’s biggest emerging markets, posing a possible inflation threat after months of dormant pressures. Asia’s two largest...

14 Chef Tips to Fast-Hack Thanksgiving

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(Bloomberg) --Americans consume around 46 million turkeys in late November, as well as 80 million pounds of cranberries and 50 million pumpkin pies. (In...

Fade Food to help end Istanbul listings dearth with 2020 IPO

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(Bloomberg) --Dried tomato exporter Fade Food will seek to list in Istanbul next year, according to its chairman, contributing to a nascent recovery in...

Turkish billionaire Aydin Dogan plans to use $700 million cash pile for acquisitions

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(Bloomberg) --Turkish billionaire Aydin Dogan plans to use the $700 million cash pile he gained from the sale of his media business on domestic...
salt bae restaurant

Owner of Salt Bae Chain Plans $890 Million Asset Sale to Cut Debt

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(Bloomberg) -- Turkish billionaire Ferit Sahenk is ready to sell more of his assets as part of an ongoing effort to satisfy a debt-restructuring deal...
Martin Tricaud HSBC

HSBC Appoints New Regional CEO for MENAT

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HSBC has appointed Martin Tricaud as Chief Executive Officer for the Middle East, North Africa and Turkey (MENAT) region, with effect from 1 June,...