INSEAD Day 4 - 728x90

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Growth driven by merger consolidation.

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

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ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

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.