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President Erdogan Talks to Hamas for Release of Israeli Hostages

TURKEY
  • President Erdogan has launched a negotiation process with Hamas for the release of Israeli hostages kidnapped by Palestinian militants, an official source told AFP on Wednesday. The President also held a phone call with Saudi Crown Prince Mohammed bin Salman to discuss the military escalation in the region, according to a statement from the Saudi Arabia foreign ministry.
  • Investor rush to the stock market caused the share of stocks among citizens’ financial assets to rise to 14.5% for the first time, Ekonomi report, adding that the share of equities has increased by almost 4ppts since June, with investors seeking protection from inflation.
  • The central bank will publish weekly portfolio capital flows data at 1230BST/1430 local time. Parliament will hold a session on developments in the Middle East this afternoon.

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