Italy to sign MoU with UAE to boost start-up ecosystem

Dubai: An Italian delegation led by the Deputy Prime Minister Luigi Di Maio will be in the UAE to ink deals related to infrastructure, health care and the environment. “One of the most important achievements will be a MoU for a mutual collaboration to develop eco-systems for start-ups and tech companies,” said Gianpaolo Bruno, Italian […]

Moody’s says Turkey’s reform package lacks detail, vague on timing

ISTANBUL: Ratings agency Moody’s said on Friday that a reform package that Turkey presented this week provided little detail and was vague on a timetable for helping revive an economy plagued by inflation and recession. Finance Minister Berat Albayrak’s announcement, including plans for recapitalisation of state banks, was met with lukewarm reactions from the market […]