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  • Saudi Reasons for a Rapprochement with Turkey

    From the Saudi side, the key to unlocking the problems of the past was the April 7 decision by a panel of judges in Istanbul to approve a request by Saudi authorities to transfer the trial (in absentia) of 26 Saudi suspects in Khashoggi’s murder to the Kingdom. Media reports at the time had suggested that officials in Riyadh had made the closing of the Khashoggi file a condition of any improvement in relations with Turkey.

  • UAE moves closer to Israel, Turkey on trade, security

    The United Arab Emirates (UAE) is moving to step up economic and security engagement with Israel and Turkey as part of its efforts to expand its regional relations. A new trade agreement between Israel and the UAE will abolish almost all tariffs on exchanged goods. Meanwhile, consultations between top Emirati and Turkish defense officials are set to yield increased security cooperation.

  • Turkey’s annual inflation soars to highest since 1998

    Turkey's annual inflation rate jumped to a 24-year high of 73.5% in May, fuelled by the war in Ukraine, rising energy prices and a tumbling lira -- though the figure was slightly lower than economists had feared. Inflation has surged since last autumn, when the lira slumped after the central bank launched a 500 basis-point easing cycle sought by President Tayyip Erdogan.

  • Analysis: Turkey’s recurring currency nightmare strikes again

    Another 9% plunge in Turkey's lira this month and debt market danger gauges at levels last seen during the 2008 global crash have prompted investor concerns that a fresh crisis might be brewing in the country. Whether President Tayyip Erdogan's government can avoid market turmoil, just five months after the last bout, will have big implications for his re-election prospects - and for a potential return of foreign investment if he loses.

  • Afghanistan: UAE beats Qatar and Turkey to sign airports deal

    After months of talks between the Taliban, Qatar and Turkey over managing Afghanistan’s airports, the UAE has instead been confirmed as the preferred partner - signalling tensions between the Afghan group and Doha. On Tuesday, Afghanistan announced that the UAE has signed a memorandum of understanding with the Taliban-led Islamic Emirate that will see the Emiratis manage three airports.

  • Turkey’s top diplomat visits Palestine

    Cavusoglu’s meeting with Palestinian leaders, including President Mahmoud Abbas, is meant to signal continued support for the Palestinian cause, ahead of talks with top Israeli officials Wednesday.

  • Saudi Arabia in talks to buy Turkey’s Bayraktar drones

    If reports are proven to be accurate, the kingdom would join several other countries in purchasing the drone, such as Nigeria, Ethiopia, Qatar, Libya, Morocco and Poland.

  • Saudi Arabia, UAE hedge bets amid engagement with Turkey, US

    Saudi Arabia and the United Arab Emirates (UAE) are hedging their stepped-up engagement with Turkey and the US with outreach to countries such as Greece and Russia. In their latest nod to Moscow amid the Ukraine war, Abu Dhabi and Riyadh have opted to recognize Russia’s Victory Day—a commemoration of the Soviet Union’s defeat over Nazi Germany in 1945. Meanwhile, the UAE has hosted Greece’s premier—a rival of Turkey.

  • Opponents of US arms sales to Turkey mobilise in Washington

    On Wednesday, Turkish Foreign Minister Mevlut Cavusoglu held talks with US Secretary of State Antony Blinken in New York, where Turkey's request to purchase F-16 fighter jets was set to be high on the agenda. Cavusoglu's visit came on the heels of Greek Prime Minister Kyriakos Mitsotakis' trip to Washington, where he warned Congress in an address on Tuesday against selling arms to Turkey.

  • How Turkey spoiled NATO’s historic moment with Finland, Sweden

    "We were trying to understand what our Turkish colleague wanted - you know, really wanted," said the diplomat, who like others spoke on condition of anonymity because of the sensitivity of the issue. "It was embarrassing." Ankara's main demands are for the Nordic countries to halt support for Kurdish militant groups present on their territory, and to lift their bans on some sales of arms to Turkey.