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Prime Minister Shehbaz Sharif said the Islamabad MoU takes immediate effect, with Iran reopening the Strait of Hormuz and the US lifting its naval blockade ahead of Friday's official signing ceremony in Switzerland.Fidan told the prestigious MGIMO university — which counts Russian Foreign Minister Sergey Lavrov among its alumni — that the honor recognized the deep bond between Türkiye and Russia, calling diplomacy the only effective tool for resolving regional disputes amid shifting global power dynamics and warning against strategic miscalculation during the transition to a multipolar order.Türkiye's national team is focused on securing a crucial victory against Paraguay in its second Group D match as it seeks to recover from an opening defeat to Australia. Goalkeeper Uğurcan Çakır said "the first match was not a final" and the team still has six points to play for.President Recep Tayyip Erdogan said he welcomes the agreement reached between Washington and Tehran as an important development for regional stability, urging all parties to refrain from rhetoric and actions that could escalate tensions until the official signing ceremony scheduled for June 19 in Switzerland.Iran's Supreme Leader Mojtaba Khamenei declared on Monday that Israel's "shaky Zionist regime" has only a limited time remaining, his remarks coming amid a sharp escalation that saw Tehran launch missiles at northern Israel and Israeli warplanes strike multiple Iranian cities including the capital.

Prime Minister Shehbaz Sharif said the Islamabad MoU takes immediate effect, with Iran reopening the Strait of Hormuz and the US lifting its naval blockade ahead of Friday's official signing ceremony in Switzerland.Fidan told the prestigious MGIMO university — which counts Russian Foreign Minister Sergey Lavrov among its alumni — that the honor recognized the deep bond between Türkiye and Russia, calling diplomacy the only effective tool for resolving regional disputes amid shifting global power dynamics and warning against strategic miscalculation during the transition to a multipolar order.Türkiye's national team is focused on securing a crucial victory against Paraguay in its second Group D match as it seeks to recover from an opening defeat to Australia. Goalkeeper Uğurcan Çakır said "the first match was not a final" and the team still has six points to play for.President Recep Tayyip Erdogan said he welcomes the agreement reached between Washington and Tehran as an important development for regional stability, urging all parties to refrain from rhetoric and actions that could escalate tensions until the official signing ceremony scheduled for June 19 in Switzerland.Iran's Supreme Leader Mojtaba Khamenei declared on Monday that Israel's "shaky Zionist regime" has only a limited time remaining, his remarks coming amid a sharp escalation that saw Tehran launch missiles at northern Israel and Israeli warplanes strike multiple Iranian cities including the capital.

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Turkish sovereign wealth fund gets airline, bank shares

11:05, 06/02/2017, MondayU: Update: 11:08, 06/02/2017, Monday

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Turkish sovereign wealth fund gets airline, bank shares

Treasury's 49.12 percent stake in Turkish Airlines and 51.11 percent shares in Halkbank have been transferred

The Treasury's 49.12 percent stake in the national flag carrier Turkish Airlines and 51.11 percent shares in the state-lender Halkbank have been transferred to Turkey's newly-formed sovereign wealth fund, according to the Turkish Privatization Authority on Monday.

The authority made the revelation in a statement to Borsa Istanbul, which came after the Treasury's shares in several other companies were also transferred to the country's sovereign wealth fund a day earlier.

On Sunday, the Prime Ministry said the Treasury's shares in the state-run lender Ziraat Bankasi, the country's stock exchange market Borsa Istanbul, General Directorate of Post and Telegraph Organization (PTT), Petroleum Pipeline Corporation (BOTAS), national petroleum producer TP, communication services and satellite technologies company TURKSAT, and 6.88 percent treasury shares in telecommunication company TurkTelekom plus Turkey's official mining company Eti Maden and General Directorate of Tea Enterprises (CAYKUR) were all transferred to the sovereign wealth fund.

Titles :Wealth Fund

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