Berliner Boersenzeitung - Saudi prince visits Turkey for talks clouded by Khashoggi murder

EUR -
AED 4.095102
AFN 72.480008
ALL 90.801688
AMD 402.807486
ANG 1.995737
AOA 1023.635334
ARS 1721.721299
AUD 1.61933
AWG 2.007127
AZN 1.900047
BAM 1.955836
BBD 2.250342
BDT 139.162586
BGN 1.948955
BHD 0.422108
BIF 3342.96213
BMD 1.115071
BND 1.431727
BOB 13.402249
BRL 6.138357
BSD 1.117321
BTN 104.873949
BWP 15.391286
BYN 3.345962
BYR 21855.38619
BZD 2.247142
CAD 1.573644
CDF 2586.964483
CHF 0.914162
CLF 0.027822
CLP 1094.980351
CNY 7.444774
CNH 7.438418
COP 3608.76707
CRC 506.709417
CUC 1.115071
CUP 26.815498
CVE 110.267049
CZK 24.346956
DJF 198.963698
DKK 7.480457
DOP 67.891262
DZD 151.940824
EGP 59.957114
ERN 16.726061
ETB 183.378708
FJD 2.526309
FKP 0.834974
GBP 0.834166
GEL 2.893653
GGP 0.834974
GHS 13.055243
GIP 0.834974
GMD 83.077063
GNF 9896.183924
GTQ 8.538159
GYD 234.234353
HKD 8.744429
HNL 30.029558
HRK 7.547925
HTG 146.432722
HUF 363.51345
IDR 20192.258205
ILS 3.552538
IMP 0.834974
INR 104.716854
IQD 1693.83148
IRR 2108992.359359
ISK 136.919964
JEP 0.834974
JMD 177.323296
JOD 0.790629
JPY 176.710877
KES 145.192698
KGS 97.510486
KHR 4552.084602
KMF 492.86165
KPW 1003.563608
KRW 1520.737678
KWD 0.346765
KYD 0.931217
KZT 500.809308
LAK 25136.46717
LBP 100053.859534
LKR 371.556906
LRD 189.94353
LSL 18.477643
LTL 3.292514
LVL 0.674496
LYD 7.150133
MAD 10.921803
MDL 19.971371
MGA 5077.094359
MKD 61.556144
MMK 2341.587311
MNT 4015.514918
MOP 9.019368
MRU 45.108838
MUR 52.442198
MVR 17.176258
MWK 1937.436008
MXN 20.766565
MYR 4.528864
MZN 71.257178
NAD 18.477643
NGN 1502.23485
NIO 41.120764
NOK 10.548462
NPR 167.798119
NZD 2.015128
OMR 0.428348
PAB 1.117421
PEN 3.848972
PGK 5.092095
PHP 70.369926
PKR 309.016043
PLN 4.399568
PYG 6984.129802
QAR 4.084276
RON 5.343646
RSD 117.622186
RUB 91.352798
RWF 1649.13065
SAR 4.188587
SBD 8.974739
SCR 15.358485
SDG 670.719139
SEK 11.033072
SGD 1.430306
SHP 0.835103
SLE 25.591287
SLL 23382.48045
SOS 638.511867
SRD 41.908265
STD 23079.712667
STN 24.500455
SVC 9.776182
SYP 14498.149201
SZL 18.471343
THB 37.411034
TJS 10.307092
TMT 3.902748
TND 3.343362
TOP 2.684822
TRY 55.9111
TTD 7.577141
TWD 36.546782
TZS 2952.454872
UAH 50.616941
UGX 4570.084937
USD 1.115071
UYU 44.950835
UZS 13332.247784
VES 999.456181
VND 28526.296796
VUV 132.393741
WST 3.108622
XAF 655.957
XAG 0.021465
XAU 0.000274244363
XCD 3.013535
XCG 2.013637
XDR 0.788413
XOF 655.957
XPF 119.331742
YER 263.853652
ZAR 18.420333
ZMK 10036.978597
ZMW 22.703422
ZWL 359.052318
SSP 6406.340367
MXV 2.33632
  • CMSD

    -0.1200

    19.81

    -0.61%

  • JRI

    0.0000

    10.77

    0%

  • BCC

    -1.8200

    74.15

    -2.45%

  • CMSC

    -0.2228

    19.53

    -1.14%

  • BCE

    0.2000

    20.34

    +0.98%

  • RIO

    0.0100

    94.17

    +0.01%

  • AZN

    -2.7400

    161.47

    -1.7%

  • GSK

    -1.1800

    48.17

    -2.45%

  • RBGPF

    0.0000

    65

    0%

  • NGG

    0.8800

    75.82

    +1.16%

  • RYCEF

    -0.7300

    19.08

    -3.83%

  • BTI

    -0.4500

    54.4

    -0.83%

  • BP

    0.4700

    43.99

    +1.07%

  • RELX

    -0.0600

    33.18

    -0.18%

  • VOD

    -0.1800

    16.15

    -1.11%

Saudi prince visits Turkey for talks clouded by Khashoggi murder
Saudi prince visits Turkey for talks clouded by Khashoggi murder / Photo: OZAN KOSE - AFP

Saudi prince visits Turkey for talks clouded by Khashoggi murder

Saudi Arabia's de facto ruler took a big step out of international isolation Wednesday, paying his first visit to Sunni rival Turkey since the 2018 murder of journalist Jamal Khashoggi in the kingdom's Istanbul consulate.

Text size:

The talks in Ankara between Crown Prince Mohammed bin Salman and Turkey's Recep Tayyip Erdogan come one month before US President Joe Biden visits Riyadh for a regional summit. Those talks will focus on the energy crunch caused by Russia's invasion of Ukraine.

President Erdogan's decision to revive ties with one of his biggest rivals is driven in large part by economics and trade.

Turks' living standards are imploding a year before a general election that poses one of the biggest challenges of Erdogan's mercurial two-decade rule.

It was his Islamic-rooted government that released gruesome details of the Khashoggi murder, including allegations that his body had been dismembered and dissolved in acid.

But it is now drumming up investment and central bank assistance from the very countries it opposed on ideological grounds in the wake of the Arab Spring revolts.

- 'Swallowing his pride'

"I think this is probably one of the most significant visits to Ankara by a foreign leader in almost a decade," said The Washington Institute's Turkey specialist Soner Cagaptay.

"Erdogan is all about Erdogan. He's all about winning elections and I think he has decided to kind of swallow his pride."

The Turkish leader personally welcomed the crown prince at his presidential palace at a grand ceremony featuring parade horses and a military honour guard.

They are scheduled to hold a private dinner but no joint press conference.

Analysts believe Prince Mohammed will be looking to see if he can win broader backing ahead of a possible new nuclear agreement between world powers and the Saudis' arch-enemy Iran.

"There is increased confidence (in Riyadh) that Ankara could be more useful in the current geopolitical environment," the Eurasia Group said in a research note.

Turkey's rapprochement with the Saudis began with an Istanbul court decision in April to break off the trial in absentia of 26 suspects accused of links to Khashoggi's killing and to transfer the case to Riyadh.

US intelligence officials have determined that Prince Mohammed approved the plot against Khashoggi -- which Riyadh denies.

- 'His bones would ache'

The court's decision drew protests from Khashoggi's Turkish fiancee Hatice Cengiz. On Wednesday, she told AFP she viewed the summit as "unacceptable".

"If Jamal had a tomb, his bones would ache," said Cengiz.

But the Istanbul ruling paved the way for a politically sensitive visit to Saudi Arabia by Erdogan just three weeks later.

The kingdom's state media ended up releasing a picture of Erdogan hugging the crown prince, an image that created a furore in Turkey.

"He gets off the plane and hugs the killers," fumed Turkey's opposition leader Kemal Kilicdaroglu.

Ankara expects the mending of fences to help prop up the Turkish economy at a crucial stage of Erdogan's rule.

A Turkish official said the sides would discuss a range of issues, including cooperation between banks and support for small- and medium-sized businesses.

- Lack of trust -

Erdogan's unconventional economic approach has set off an inflationary spiral that has seen consumer prices almost double in the past year.

Analysts believe the resulting drop in Erdogan's public approval and depletion of state reserves mean the Turkish leader can ill afford to maintain his hostile stance toward petrodollar-rich Gulf states.

Turkey's problems with the Saudis began when Erdogan refused to accept Egyptian President Abdel Fattah al-Sisi's ouster of the Muslim Brotherhood from power in Cairo in 2013.

The Saudis and other Arab kingdoms viewed the Brotherhood as an existential threat.

Those rivalries intensified after Turkey tried to break the nearly four-year blockade the Saudis and their allies had imposed on Qatar in 2017.

Analysts believe that Washington is watching this gradual return of regional calm with an approving nod.

"Encouraged by the United States, this rapprochement is relaxing tensions and building diplomacy across the region," said the US-based Middle East Institute's Turkish scholar Gonul Tol.

The crown prince "will not easily forget the attitude adopted by Turkey after the Khashoggi affair", she said.

(B.Hartmann--BBZ)