World Bulletin / News Desk
Jordan's national carrier Royal Jordanian has stopped flying over Syrian airspace for security reasons, the airline's head said on Sunday.
Syria is a major air and land transport hub for the Gulf and eastern Europe, and nearly two years of revolt there against President Bashar al-Assad has already severely hit multibillion dollar cargo routes from Turkey to the Gulf and vice versa.
The airline, a leading regional carrier, said the move would primarily affect Beirut, a major destination, with a route via Egyptian airspace and over the Mediterranean making a longer journey of its four daily flights.
"This move reflects the airline's commitment to the safety of passengers and security of operations, even though this procedure involves additional costs to the company," Amer Hadidi, President and CEO of Royal Jordanian told Reuters.
The airline stopped its regular flights to Damascus last year along with some other carriers.
Istanbul's July 15 Martyrs' Bridge and Fatih Sultan Mehmet Bridge yield over $77.3M, while highway tolls earn $243.1M
Turkey's natural gas consumption decreases by 4.74 percent in November year-on-year
Members of the European Parliament's powerful trade committee voted 25 in favour of the deal, known as CETA, with 15 against, during a heated session in Brussels that was interrupted by a protestor.
Data monitoring company IHS Markit said its report suggested the 19-nation eurozone economy was set for solid growth with the new year starting on a strong note.
Central Bank skips repo auction for eight trading day to stem sharp decline in lira's value against other currencies
The December 10 accord obliges around a dozen nations led by Russia that are outside the Organization of the Petroleum Exporting Countries to reduce output by 558,000 barrels per day (bpd).
Turkish Treasury says dollar-denominated bond sale was more than three times oversubscribed
"The bank is weighing transferring up to 1,000 employees to Frankfurt, including traders as well as top bankers," the paper reported, citing financial industry sources.
Frankfurt's DAX 30 index won 0.2 percent compared with the close on Wednesday to 11,624.11 points and the Paris CAC 40 rose 0.1 percent to 4,859.76 .
A weaker yen helped Japanese stocks lead a broad advance across Asian markets as optimism was buoyed by Yellen's remarks on the economy but traders moved cautiously ahead of Donald Trump's inauguration on Friday.
Central Bank skips repo auction for fifth trading day to stem sharp decline in lira value against other currencies
Number of tourists across the world rose to all time high of 1.235 billion last year, World Tourism Organization said on Tuesday.
Turkish central bank has announced to open foreign exchange depot market to enhance flexibility and instrument diversity
While PM promises 'greatest possible' access to EU market, opposition hits out at 'clear break' from Conservative policy
Prime Minister Theresa May is expected to deliver Brexit speech on Tuesday
"Net easing of banks' overall terms and conditions on new loans continued across all loan categories," as in previous quarters, the central bank said in a statement.