INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

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

Lavrov and Rubio discuss Putin-Trump summit, Zelensky seeks invite to the meeting

L-R, Ukrainian President Volodymyr Zelensky in Washington, DC, on August 18, 2025, US President Donald Trump on August 22, 2025, in Washington, DC, and Russian President Vladimir Putin in Anchorage, Alaska, on August 15, 2025. afp
  • Diplomatic efforts to end Russia's three-and-a-half-year invasion have stalled since Trump and Putin met for peace talks in Alaska in August
  • The two announced last week that they would meet in Budapest for a second round of talks, but it was not clear whether Zelensky would attend

Kyiv, UkraineRussia’s top diplomat Sergei Lavrov and US counterpart Marco Rubio discussed preparations for an upcoming summit between Vladimir Putin and Donald Trump in a call on Monday, both sides said.

Rubio “emphasized the importance of upcoming engagements as an opportunity for Moscow and Washington to collaborate on advancing a durable resolution of the Russia-Ukraine war,” Principal Deputy Spokesperson Tommy Pigott said in a statement.Ukrainian President Volodymyr Zelensky said earlier that he was ready to join if invited, but neither Moscow or Washington mentioned Zelensky in their statements.

The Kremlin said earlier it had “no details” about whether Zelensky would attend.

Diplomatic efforts to end Russia’s three-and-a-half-year invasion have stalled since Trump and Putin met for peace talks in Alaska in August.

The two announced last week that they would meet in Budapest for a second round of talks, but it was not clear whether Zelensky — who was shut out from the previous meeting — would attend.

“If I am invited to Budapest — if it is an invitation in a format where we meet as three or, as it’s called, shuttle diplomacy, President Trump meets with Putin and President Trump meets with me — then in one format or another, we will agree,” Zelensky told reporters in remarks released on Monday.

Zelensky also criticised Hungary — Moscow’s closest partner in the EU — as a meeting place.

Western countries encouraged Ukraine to sign away its nuclear arsenal at a summit in Budapest in 1994, a defining moment in its post-Soviet history that many Ukrainians now see as a betrayal.

“Another ‘Budapest’ scenario wouldn’t be positive either,” Zelensky said.

French President Emmanuel Macron on Monday welcomed the planned summit but said Ukrainians and Europeans should be included.