Tue, 27 Oct 2020

ANKARA -- Turkish central bank on Thursday increased its main interest for the first time since September 2018, raising the rate by two percentage points after its currency lira reached historical lows.

The Central Bank stated that the one-week repo rate would go from 8.25 percent to 10.25 percent. (Turkey-Interest Rate)

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JERUSALEM -- Israeli autonomous vehicle company Mobileye, a subsidiary of the U.S. top chipmaker Intel, announced on Thursday a partnership with Chinese automaker Geely Automobile Holdings.

The new Mobileye SuperVision system, based on autonomous driving technology, will be installed in the new electric vehicle Zero Concept, launched by Lynk & Co, an automobile brand owned by Geely. (Israel-China-Automaker)

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GAZA -- Hamas and Fatah, the two major rival Palestinian factions, announced on Thursday their agreement on a joint vision for achieving internal reconciliation and holding general elections in the Palestinian territories.

The announcement came after a three-day dialogue between the two factions in Turkey. (Palestine-Reconciliation-Elections)

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AMMAN -- Foreign Ministers of Jordan, Germany, France, and Egypt on Thursday stressed that the resolution of the Palestinian-Israeli conflict on the basis of the two-state solution is the path to achieve peace and regional security.

The ministers made their remakes at a meeting in Amman, which was also attended by the EU special representative for the middle east peace process, according to a statement by the Foreign Ministry. (Jordan-Israel-Palestine)

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