Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Turkey's PM announces new government  Join our daily free Newsletter

MENAFN - Arab News - 30/08/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab News) ANKARA: Turkey's new government with PM Ahmet Davutoglu at the helm wasted no time in the formation of the newly-minted Cabinet which was announced less than 24 hours after the handover ceremony at the presidency

Davutoglu reappointed all key ministers who served under the new President Recep Tayyip Erdogan setting a course of continuity for the new government.

Davutoglu who took over Erdogan's former job announced a ministerial line-up little changed from Erdogan's Cabinet with only four new names.

The most notable appointment was that of Mevlut Cavusoglu to the post of foreign minister taking over the post that Davutoglu had himself held since 2009.

Erdogan who has dominated Turkish politics for over a decade was sworn in as Turkey's first popularly elected president on Thursday. He has picked former foreign minister and loyal ally Davutoglu to succeed him as prime minister and immediately asked him to form a new government.

Erdogan has indicated he wants to transform the presidency from a largely ceremonial post into a more powerful position. He has said he would exercise the president's seldom-used powers such as calling and presiding over Cabinet meetings which would allow him to be involved in the running of government.

Davutoglu made no substantial changes to Erdogan's old government with the bulk of his ministers staying in place. He appointed Yalcin Akdogan Erdogan's formechief adviser and his closest aide as a deputy prime minister.


Former diplomat Volkan Bozkir replaces Cavusoglu as the minister in charge of ties with the EU.

Ali Babacan a respected deputy prime minister in charge of the economy would stay in place in a move that is likely to reassure financial markets. Numan Kurtulmus a senior party official and economist was also promoted to deputy prime minister.

Cavusoglu a US- and British-educated founding member of Erdogan's Justice and Development Party was previously the president of the parliamentary assembly of the 47-nation Council of Europe an organization that promotes human rights and democracy in the continent.

A figure seen as reassuring for the US and the EU many will want Cavusoglu to rebalance Turkish foreign policy which was condemned in some quarters for over-ambition under Davutoglu.

Press reports had suggested the head of Turkey's intelligence service Hakan Fidan as a possible new foreign minister.

Former president Abdullah Gul a former close comrade and co-founder of the ruling Justice and Development Party (AKP) appears now to have fallen out with the feisty Erdogan and will play no role in the new government.

But key economic figures Ali Babacan and Mehmet Simsek keep their respective posts as deputy prime minister and finance minister a move set to reassure markets which see them as guarantors of good economic policy under the AKP.

 


Arab News




  MENA News Headlines
 May 6 2016 - Kuwait pledges to invest USD106b over 2016-19MENAFN
(MENAFN) Unlike prior investment initiatives, Kuwait has been implementing a strategic Development Plan whose aim is to develop infrastructure across a number of divisions through the wide use of the ...

 May 6 2016 - Saudi wages jump by 4.5 percentMENAFN
(MENAFN) Saudi wages have grown by an average 4.5 percent through the previous year, while the forecasted rate was set at a bit higher 5 percent, based on recent reports.Regardless to the economic ...

 May 6 2016 - Omani new rail-network to surge exports considerablyMENAFN
(MENAFN) As the aspiring Omani national rail network currently under development connects prodigious mining sites with the Sultanate's maritime gateways, gypsum exports along other minerals will ...

 May 6 2016 - Air strikes on Syria displaced c killing 28 as Aleppo truce holdsThe Peninsula
(MENAFN - The Peninsula) Syrians carry a giant pre-Baath Syrian flag as they shout slogans during an anti-regime protest in the rebel-held Bustan al-Qasr district in eastern Aleppo on May 5 2016. The ...

 May 5 2016 - Qatar- Ronaldo hails Zidane as Real reach Chions League finalThe Peninsula
(MENAFN - The Peninsula) Real Madrid's Portuguese forward Cristiano Ronaldo controls the ball during the UEFA Champions League semi-final second leg football match Real Madrid CF vs Manchester City ...

 May 5 2016 - Qatar could host Summer Olympics says CoeThe Peninsula
(MENAFN - The Peninsula) President of the International Association of Athletics Federation (IAAF) Sebastian Coe (L) and Presdient of the Qatar Athletics Federation (QAF) Dahlan Al Hamad (R) speak ...

 May 5 2016 - Qatar Aquabike chionship to begin on FridayThe Peninsula
(MENAFN - The Peninsula) DOHA: The third round competitions of Qatar’s Local Aquabike Championship 2016 organized by the Qatar Sailing and Marine Sports Federation (QSMF) will get underway ...

 May 5 2016 - Gulf Air's FalconFlyer and Europcar in dealThe Peninsula
(MENAFN - The Peninsula) Gulf Air and Europcar officials signing the agreement. Manama: Gulf Air the Kingdom of Bahrain’s national carrier yesterday announced a partnership between the ...

 May 5 2016 - Visitors from Qatar to Dubai increase by 26 in Q1 2016The Peninsula
(MENAFN - The Peninsula) Doha: Dubai welcomed 4.1 million overnight visitors in the first three months of 2016 a 5.1% increase over the same period last year backed by strong double digit ...

 May 5 2016 - Joyalukkas wins Best Service Performance Brand awardThe Peninsula
(MENAFN - The Peninsula) Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum honouring Joy Alukkas Chairman Joyalukkas at a function in Dubai. Dubai: The eponymous Joyalukkas Jewellery received ...

 May 5 2016 - Qatar- Real estate deals at QR580.6m in last week of AprilThe Peninsula
(MENAFN - The Peninsula) DOHA: The combined value of Qatar’s real estate transactions during the fourth week of April (from 24-28) amounted to QR580.6m showing over 57 percent growth compared ...

 May 5 2016 - Qatar- SP affirms QIB's long-term ratingThe Peninsula
(MENAFN - The Peninsula) DOHA: S&P Global Ratings has affirmed Qatar Islamic Bank’s (QIB) “A-/A-2” long and short term counterparty credit ratings. QIB’s rating reflects ...

 May 5 2016 - Qatar bourse and Goldman Sachs launch London roadshowThe Peninsula
(MENAFN - The Peninsula) DOHA: Qatar Exchange (QSE) in coordination with Goldman Sachs yesterday commenced in London a roadshow that aims to promote investment in the Qatari companies listed on QSE ...

 May 5 2016 - Vodafone Qatar unveils Connect Plans schemeThe Peninsula
(MENAFN - The Peninsula) Vodafone officials at the launch of the company’s ‘Connect Plans’ scheme at the Four Seasons Hotel in Doha yesterday. Pic: Baher A / The Peninsula ...

 May 5 2016 - Qatar for joint efforts to rejuvenate global economyThe Peninsula
(MENAFN - The Peninsula) Minister of Economy and Commerce H E Sheikh Ahmed bin Jassim bin Mohammed Al Thani with Chairman of the Presidential Council of the Republic of Bosnia and Herzegovina Bakir ...

 May 5 2016 - Philippines' leading airline Cebu Pacific boosts direct service to DohaThe Peninsula
(MENAFN - The Peninsula) DOHA: The Philippines’ leading airline Cebu Pacific (CEB) will add a frequency between Manila and Doha beginning July 9. The only Philippine carrier flying non-stop ...

 May 5 2016 - Qatar Today announces second edition of business excellence awardsThe Peninsula
(MENAFN - The Peninsula) DOHA: Qatar Today has announced the second edition of its Business Excellence Awards. The event being held under the auspices of Qatar Stock Exchange will identify ...

 May 5 2016 - Qatar Chamber participates in food security meetThe Peninsula
(MENAFN - The Peninsula) Sheikh Khalifa bin Jassem bin Mohammed Al Thani (left) Chairman Qatar Chamber at the Food Security Conference held in Fujairah. DOHA: Qatar Chamber (QC) participated ...

 May 5 2016 - KidzMondo set to open at Mall of QatarThe Peninsula
(MENAFN - The Peninsula) Ali Kazma (left) KidzMondo Founder and Nabil Barakat General Manager during a press conference and groundbreaking event of KidzMondo Doha at Hilton Hotel yesterday. Pic: ...

 May 5 2016 - Four wounded after rockets hit Turkey's KilisThe Journal Of Turkish Weekly
(MENAFN - The Journal Of Turkish Weekly) >Four people including a police officer were wounded after rockets fired from Islamic State of Iraq and the Levant (ISIL)-controlled territory hit the ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help