Search Site

Trends banner

Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

Israel, Turkish leaders to meet at UN next week

Yair Lapid would travel to New York on Monday night, ahead of an address to the General Assembly on Thursday.
  • Last month, Turkey and Israel announced the full restoration of diplomatic ties following years of strained relations
  • Erdogan described a fence-mending visit to Ankara by Israeli President Isaac Herzog in March as "a turning point in our relations."

Jerusalem, Israel— Israeli Prime Minister Yair Lapid is to meet Turkish President Recep Tayyip Erdogan on the sidelines of the UN General Assembly on Tuesday, as relations between the two countries thaw.

Lapid’s office said he would travel to New York on Monday night, ahead of an address to the General Assembly on Thursday.

A source said the meeting with Erdogan would take place on Tuesday.

It came as Israel’s armed forces chief Lieutenant General Aviv Kohavi announced his first visit to France and Poland to meet with senior officials in the two countries.

Last month, Turkey and Israel announced the full restoration of diplomatic ties following years of strained relations.

In May, Mevlut Cavusoglu became the first Turkish foreign minister to visit Israel in 15 years.

Erdogan described a fence-mending visit to Ankara by Israeli President Isaac Herzog in March as “a turning point in our relations”.

Relations began to fray in 2008, following an Israeli military operation in Gaza.

Relations then froze in 2010 after the deaths of 10 civilians following an Israeli commando raid on the Turkish ship Mavi Marmara, part of an aid flotilla trying to breach the Israeli blockade on Gaza.

A brief reconciliation lasted from 2016 until 2018, when Turkey withdrew its ambassador and expelled Israel’s over the killing of Palestinians. More than 200 Gazans were shot dead by Israeli forces during border protests in 2018 and 2019.