Tugce Ozsoy

Investors are increasing bets that Turkey’s central bank will need to raise interest rates, as higher energy costs keep inflation elevated and a political crisis puts pressure on the lira.

Foreign investors are piling into fast-tracked sales of shares in Turkish companies, seeing pockets of value in a market facing political turmoil at home and fallout from the Iran war.

Turkish financial technologies firm Midas has applied to the central bank for an electronic money institution license as it seeks to launch digital consumer payments products.

One of Abu Dhabi’s newest investing behemoths, 2PointZero PJSC, got its first research rating on Friday, providing rare insight into one of the emirate’s largest listed holding companies.

Foreign investors are returning to Turkey, lured by high interest rates, resilient markets and fading geopolitical risks as the US and Iran move closer to a peace deal.

Dubai’s stocks index is set for its best quarter in a year after a truce in the Middle East conflict drew investors back to a market they fled when Iranian missile attacks shattered the city-state’s reputation for stability.

Goldman Sachs economists expect Turkey to allow a more rapid depreciation of the lira in order to prioritize external-balance stabilization over disinflation.

Small-time investor Riza Gundogdu thought he had found the next Tesla Inc. early last year when he invested in shares of Kontrolmatik Enerji ve Muhendislik AS.

Turkish banking stocks surged after the central bank moved to resume funding from its 37% policy rate, effectively lowering borrowing costs and aiding expectations for lenders’ profit margins.

Turkey’s markets regulator announced new rules limiting hedge funds’ exposure to related parties and capping concentrated investments, in a bid to address concerns about abnormal returns and repeated warnings from global index providers.