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Turkish exports leap to unprecedented heights despite other economic woes

Turkish exports leap to unprecedented heights despite other economic woes

Exports to the European Union, were almost half of Turkey's exports, and surged 33% year-over-year to $93.1 billion, enabling Turkey to post a surplus of around $7.7 billion in trade with the bloc. Germany remained the top market, having received $19.3 billion worth of Turkish products throughout the year, followed by the United States with $14.7 billion and the United Kingdom with $13.7 billion. Sales to all the three markets marked the highest annual figures ever.

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Saudi Arabia unveils plan for a 'Riyadh Vision'

Saudi Arabia unveils plan for a 'Riyadh Vision'

Saudi Arabia announced on Thursday, its strategy for the 'Riyadh Vision'. The plan was revealed by Crown Prince Mohammed bin Salman and it aims to make Riyadh among the world's top 10 economic cities in order to drive forward the country’s economic, industrial and tourism growth in the upcoming years. 
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UAE affirms support for Gulf economic cooperation

UAE affirms support for Gulf economic cooperation

The UAE Minister of State for Foreign Trade affirmed the UAE’s willingness to support joint Gulf action in various priority economic issues. Some of the expected changes is an amended consumer protection system, the adoption of the amended patent system, and continuing to support and encourage small and medium enterprises and institutions.