As Turkey’s annual inflation eases further in May, eyes are on the policies the reelected president’s new economic team will pursue with Mehmet Simsek at the helm. Turkey’s year-on-year inflation dropped to 39.59% in May, official data released on Monday showed, broadly in line with expectations after the government made …

The kingdom wants to diversify its economic partnerships and values China with regards to energy and geopolitics, according to one expert. Saudi Arabia and China will participate in a business conference in Riyadh this month, expected to draw major businesses and investment firms, as the kingdom continues to pursue stronger …

The move is the latest sign of rapprochement between the two countries since reaching a China-brokered deal to resume ties. Iran will reopen its diplomatic missions in Saudi Arabia on Tuesday, the Iranian Foreign Ministry said, months after the two countries signed a China-brokered agreement to restore ties after a …