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Letter Of Credit (LC) at Capital First Finance Ltd

Letter of Credit Works A direct-pay letter of credit is a payment mechanism whereby the issuer undertakes to pay the beneficiary by immediately accepting and honoring the draft, so long as the requirements of the draft document have been met and the issuer has no other reason to question the …

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Turkish President meets world leaders in Paris

Erdogan in French capital Paris to attend ceremony of centenary of the end of WWI President Recep Tayyip Erdogan on Saturday attended a dinner hosted by his French counterpart Emmanuel Macron at Paris’ Orsay Museum. Macron’s dinner was attended by heads of states, governments and international institutions and their spouses …

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Paris: Erdogan joins WWI Armistice Day centenary event

Ceremony near Arc de Triomphe monument in French capital sees presence of world leaders Turkey’s president on Sunday participated in a ceremony held to mark the centenary of the end of World War I near Arc de Triomphe monument in Paris. French President Emmanuel Macron and his wife Brigitte Macron …

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Turkey welcomes US putting bounties on PKK terrorists

US State Department says those who help identifying or locating Murat Karayilan, Cemil Bayik, Duran Kalkan to be rewarded Turkish Foreign Ministry welcomed the U.S. State Department’s decision to put multi-million-dollar bounties on the heads of three senior PKK terrorists, according to a statement on Wednesday. In a written statement, …

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US reimposes all pre-nuclear deal sanctions on Iran

Sanctions target Iran’s energy, shipping and financial sectors   The U.S. announced Friday it is reimposing all sanctions lifted under a 2015 nuclear pact world powers struck with Iran. Secretary of State Mike Pompeo and Treasury Secretary Steven Mnuchin made the announcement during a telephone call with reporters. The new …

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Turkey condemns deadly attack in Egypt

7 killed in attack on bus carrying Christian pilgrims   Turkey on Friday strongly condemned a deadly terrorist attack against Coptic Christians in Egypt. “We condemn the heinous terrorist attack perpetrated today against Coptic Christians, near the city of Minya in Egypt, causing many loss of lives and injuries. We …

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Erdogan says top Saudi officials ordered Khashoggi hit

Turkish president says perpetrators among 18 suspects detained in Saudi Arabia   Turkish President Recep Tayyip Erdogan on Friday said the order for journalist Jamal Khashoggi’s killing came from the top levels of the Saudi government. In an opinion piece published in The Washington Post, Erdogan said Turkey knows the …

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Trump: US requested audio, video on missing journalist

‘We have asked for it. If it exists we have asked for it,’ US president says   The U.S. has requested audio and video evidence concerning Saudi journalist Jamal Khashoggi’s disappearance “if it exists,” U.S. President Donald Trump said Wednesday. “We have asked for it. If it exists we have …

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US intel ties Saudi Prince to journo’s disappearance

Intelligence officials ‘increasingly convinced’ over Saudi Crown Prince’s role in Khashoggi case   U.S. intelligence officials are becoming more convinced that Saudi Crown Prince Mohammed bin Salman played a role in the disappearance of Saudi journalist Jamal Khashoggi, The New York Times reported late Wednesday. “American intelligence officials are increasingly …

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Turkish-Saudi team completes probe at Saudi consulate

All officials from joint team investigating Jamal Khashoggi’s disappearance have left the area   A joint investigation into the disappearance of Saudi journalist Jamal Khashoggi was completed early Thursday. All officials from the joint Turkish-Saudi team have left the area after searching the Saudi consul general’s official residence as well …

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