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Geostrategy

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.

Turkey appoints new envoy to Israel after four-year gap

Following his November 1 election win, Netanyahu entered into talks with ultra-Orthodox and extreme-right parties. (AFP)
By TRENDS Desk AFP
November 12, 2022 3:40 pm
  • Sakir Ozkan Torunlar is a veteran diplomat who has served as Turkey's consul general in Jerusalem between 2010 and 2014
  • Ankara withdrew its ambassador to Israel in May 2018 and threw out the Israeli envoy over the Israeli army's killing of dozens of Palestinians

Turkey has appointed an ambassador to Israel after a gap of four years in the latest step towards normalising ties with the Jewish state.

Sakir Ozkan Torunlar, a veteran diplomat who had served as Turkey’s consul general in Jerusalem between 2010 and 2014, was named to the post in a presidential decree late Friday, Turkish media reported.

Ankara withdrew its ambassador to Israel in May 2018 and threw out the Israeli envoy over the Israeli army’s killing of dozens of Palestinians.

Israel riposted by sending back the Turkish consul in Jerusalem.

Ties between the two soured after Turkish leader Recep Tayyip Erdogan criticised Israel’s policy towards Palestinians under the previous governments of its new Prime Minister Benjamin Netanyahu.

But Erdogan sent a congratulatory letter to Netanyahu after his victory in elections held earlier this month.

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