INSEAD Day 4 - 728x90

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Erdogan announces Putin visit to Turkiye in August

Turkish President Recep Tayyip Erdogan.
  • Turkish president's remarks followed his Wednesday phone call with Putin, in which they agreed Putin would visit to Turkiye in the coming days
  • Erdogan told Putin that Turkiye will continue its "intense" efforts and diplomacy for resumption of the Black Sea grain deal

Ankara, Turkiye – Turkish President Recep Tayyip Erdogan on Friday announced that his Russian counterpart Vladimir Putin would visit Ankara during August, adding that the date has not yet been set.

“The date is not clear, but the foreign minister, head of the intelligence organization, they are all holding talks,” Erdogan told reporters today.

Erdogan’s remarks followed his Wednesday phone call with Putin, in which they agreed Putin would pay a visit to Turkiye in the coming days.

Erdogan also told Putin that Turkiye will continue its “intense” efforts and diplomacy for resumption of the Black Sea grain deal.

On July 17, Russia suspended its participation in the deal, which it signed in July 2022 along with Turkiye, the UN, and Ukraine to resume grain exports from Ukrainian Black Sea ports which were paused after the Russia-Ukraine war began in February. Moscow has complained that the Russian part of the agreement was not being implemented.