Turkey, which supports rebels opposed to Syrian President Bashar al-Assad, has been holding talks with his allies Russia and Iran over the fate of Idlib.
Zafer Sonmez, who was head of Turkey and Africa for Malaysia's sovereign wealth fund Khazanah Nasional Bhd, was named as the fund's general manager.
Turkish President Recep Tayyip Erdogan on Tuesday called on Russia and Iran to halt a looming ‘humanitarian disaster’ in Idlib, saying Syrians there could not be left to the mercy of President Bashar al-Assad.
The lira has lost nearly 45% of its value since the start of the year against the dollar as investors took fright over a bitter row with the United States.
Turkish President Tayyip Erdogan vowed on Sunday to bring peace and safety to Iraq and areas in Syria not under Turkish control and said terrorist organisations in those areas would be eliminated.
President Tayyip Erdogan on Monday said an attack on Turkey's economy was no different from a strike against its flag or call to prayer, responding to a recent currency sell-off ...
A day after two major ratings agencies downgraded Turkey closer to junk status amid a currency crisis, Turkish President Tayyip Erdogan said he would challenge those playing ‘games’ on the economy.
The lira has lost nearly 40% of its value against the dollar this year, hit by both the diplomatic rift and investor alarm.
Relations between the two Nato allies have plummeted in one of their worst crises in decades after the detention of US pastor Andrew Brunson on terror-related charges.
With investors already on edge over the China-US trade war, the lira's collapse sparked a sell-off in Europe and New York at the end of last week.
Turkish President Recep Tayyip Erdogan on Sunday slammed the crash of the lira amid a widening spat with the United States as a "political plot" and said his country would instead seek new markets and new allies.