INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Erdogan calls for ‘continued dialogue’ with Israel

File picture of President Recep Tayyip Erdogan of Turkey.
  • The phone call came a few hours after an Israeli couple held in Turkey for a week on suspicion of espionage were released
  • Erdogan told Herzog during the phone call that the continuation of contact and dialogue between Turkey and Israel was in their "mutual interest"

President Recep Tayyip Erdogan on Thursday spoke by phone with Israeli counterpart Isaac Herzog, in a rare exchange between the two countries, urging continued dialogue in their mutual interest, according to the presidency.

The phone call came a few hours after an Israeli couple held in Turkey for a week on suspicion of espionage were released.

Erdogan told Herzog during the phone call that the continuation of contact and dialogue between Turkey and Israel was in their “mutual interest”, according to the Turkish presidency.

Erdogan also said Turkish-Israeli relations were important for security and stability in the Middle East.

He told his Israeli counterpart: “Disagreements could be reduced to a minimum if both sides acted in mutual understanding in terms of bilateral and regional issues,” said the presidency.

Ahead of this exchange, Mordi and Natali Oknin, who were detained last week for allegedly taking a photograph of Turkish President Recep Tayyip Erdogan’s home in Istanbul, was released.

An Istanbul court had charged them with “political and military espionage”, Turkish media reports revealed.

The Oknins denied the charges, while Israeli Foreign Minister Yair Lapid insisted the couple were not employees of any intelligence agency.

Erdogan, a vocal supporter of the Palestinian cause, has regularly accused Israel of “terrorism” against the Palestinians.

Relations between Turkey and Israel have been strained, especially since ambassadors were withdrawn in 2018 after the deaths of Palestinian protesters in Gaza.